HP Inc. (NYSE:HPQ) Stock Has Average Target Price of $26.30

Key Points

• Analysts are cautious on HP: The 17-broker consensus rating is “Reduce,” with five sell, eight hold, and four buy recommendations. The average 12-month price target is $26.30.
• HP reported quarterly EPS of $0.83, beating the $0.66 consensus, and revenue of $15.68 billion versus expectations of $14.44 billion; revenue rose 12.5% year over year.
• HP set fiscal 2026 EPS guidance of $3.19–$3.29, in line with analysts’ current full-year estimate of $3.23 per share.

HP Inc. (NYSE:HPQ - Get Free Report) has been assigned a consensus rating of "Reduce" from the seventeen brokerages that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $26.30.

A number of research analysts recently weighed in on the company. Sanford C. Bernstein reiterated a "market perform" rating and issued a $32.00 target price (up from $27.00) on shares of HP in a report on Thursday, August 27th. HSBC upped their price target on HP from $29.60 to $33.80 and gave the stock a "buy" rating in a research note on Monday, August 31st. Wall Street Zen upgraded HP from a "hold" rating to a "buy" rating in a report on Saturday. Bank of America restated an "underperform" rating on shares of HP in a report on Thursday, August 27th. Finally, Weiss Ratings raised HP from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, October 16th.

Insider Buying and Selling

In related news, insider Anneliese Olson sold 18,997 shares of the firm's stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $32.56, for a total value of $618,542.32. Following the transaction, the insider owned 169 shares in the company, valued at approximately $5,502.64. This trade represents a 99.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David McQuarrie sold 31,572 shares of HP stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $32.12, for a total transaction of $1,014,092.64. Following the transaction, the insider directly owned 8,008 shares in the company, valued at approximately $257,216.96. This trade represents a 79.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 71,617 shares of company stock valued at $2,263,654. Corporate insiders own 0.18% of the company's stock.

Hedge Funds Weigh In On HP

Hedge funds have recently made changes to their positions in the business. Callan Family Office LLC acquired a new stake in HP in the second quarter valued at $3,029,000. BlackRock Inc. acquired a new position in HP during the 2nd quarter worth $2,357,757,000. Caxton Associates LLP grew its holdings in HP by 625.6% during the 1st quarter. Caxton Associates LLP now owns 172,893 shares of the computer maker's stock worth $3,321,000 after acquiring an additional 149,067 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of HP in the 1st quarter worth about $2,070,000. Finally, Vest Financial LLC increased its position in shares of HP by 51.6% in the 2nd quarter. Vest Financial LLC now owns 372,407 shares of the computer maker's stock worth $8,171,000 after purchasing an additional 126,811 shares during the last quarter. Hedge funds and other institutional investors own 77.53% of the company's stock.

HP Stock Down 0.6%

NYSE:HPQ opened at $28.26 on Wednesday. The company has a market cap of $25.49 billion, a P/E ratio of 10.79, a P/E/G ratio of 1.55 and a beta of 1.16. The firm's 50 day moving average is $31.69 and its two-hundred day moving average is $24.62. HP has a fifty-two week low of $17.56 and a fifty-two week high of $36.22.

HP (NYSE:HPQ - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.17. The company had revenue of $15.68 billion during the quarter, compared to analysts' expectations of $14.44 billion. HP had a net margin of 4.14% and a negative return on equity of 947.78%. The business's quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 EPS. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Research analysts forecast that HP will post 3.23 earnings per share for the current fiscal year.

About HP

HP Inc NYSE: HPQ is a global technology company that develops personal computing and printing products, services, and solutions. Its portfolio includes laptops, desktop computers, workstations, monitors, peripherals, printers, digital printing systems, and related supplies such as ink and toner.

The company serves consumers, small and medium-sized businesses, large enterprises, and public-sector organizations through direct sales, online channels, retailers, distributors, and other business partners.

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