HP (NYSE:HPQ) Releases FY 2026 Earnings Guidance

by · The Cerbat Gem

HP (NYSE:HPQ – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.900-3.200 for the period, compared to the consensus estimate of 3.240. The company issued revenue guidance of -. HP also updated its Q1 2026 guidance to 0.730-0.810 EPS.

Wall Street Analysts Forecast Growth

HPQ has been the subject of a number of recent analyst reports. HSBC set a $30.00 target price on HP and gave the company a “buy” rating in a report on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research note on Wednesday, October 8th. Wall Street Zen lowered shares of HP from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. Evercore ISI reiterated an “in-line” rating and issued a $29.00 price objective on shares of HP in a research report on Wednesday, September 10th. Finally, Citigroup reduced their target price on HP from $29.00 to $27.00 and set a “neutral” rating for the company in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, HP presently has an average rating of “Hold” and a consensus price target of $27.67.

View Our Latest Stock Analysis on HPQ

HP Trading Down 0.5%

Shares of HPQ traded down $0.12 during mid-day trading on Tuesday, reaching $24.26. The company’s stock had a trading volume of 21,857,954 shares, compared to its average volume of 9,263,132. HP has a 52 week low of $21.21 and a 52 week high of $39.62. The stock has a market cap of $22.68 billion, a PE ratio of 8.85, a P/E/G ratio of 2.23 and a beta of 1.28. The company’s fifty day moving average price is $26.58 and its two-hundred day moving average price is $26.41.

HP (NYSE:HPQ – Get Free Report) last issued its earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.01. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The company had revenue of $14.64 billion for the quarter, compared to analysts’ expectations of $14.50 billion. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. Research analysts anticipate that HP will post 3.56 EPS for the current year.

Insider Activity

In other news, CEO Enrique Lores sold 34,282 shares of the stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the sale, the chief executive officer owned 3 shares of the company’s stock, valued at approximately $80.55. This represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Anneliese Olson sold 18,154 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the transaction, the insider owned 169 shares in the company, valued at $4,711.72. This represents a 99.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On HP

A number of hedge funds have recently modified their holdings of HPQ. Arrowstreet Capital Limited Partnership raised its position in HP by 186.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock valued at $228,153,000 after purchasing an additional 5,449,691 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of HP by 143.4% in the 3rd quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after purchasing an additional 5,325,260 shares during the period. State Street Corp boosted its stake in shares of HP by 5.3% during the 3rd quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock valued at $1,450,245,000 after purchasing an additional 2,651,623 shares in the last quarter. Man Group plc raised its stake in HP by 688.9% in the third quarter. Man Group plc now owns 2,293,041 shares of the computer maker’s stock worth $62,440,000 after buying an additional 2,002,381 shares in the last quarter. Finally, Meridiem Capital Partners LP purchased a new stake in HP in the second quarter worth about $20,450,000. Hedge funds and other institutional investors own 77.53% of the company’s stock.

HP Company Profile

(Get Free Report)

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.

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