HP Inc. (NYSE:HPQ) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• HP Inc. has received a consensus recommendation of "Hold" from analysts, with one sell, fourteen hold, and one buy rating across sixteen brokerages.
• The average 1-year target price for HP shares is $29.38, with recent reports suggesting price targets between $29.00 and $30.00 from various research firms.
• HP reported a quarterly earnings per share (EPS) of $0.75, matching consensus estimates, while its revenue of $13.93 billion surpassed expectations.

Shares of HP Inc. (NYSE:HPQ - Get Free Report) have earned an average rating of "Hold" from the sixteen brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $29.3750.

HPQ has been the subject of a number of research reports. Sanford C. Bernstein began coverage on HP in a research report on Monday, September 15th. They set a "market perform" rating and a $30.00 price target for the company. Evercore ISI reaffirmed an "in-line" rating and set a $29.00 target price on shares of HP in a report on Wednesday, September 10th. Dbs Bank lowered HP from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, June 11th. Zacks Research raised shares of HP from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of HP from $27.00 to $30.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. State of Alaska Department of Revenue increased its holdings in HP by 36.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 286,760 shares of the computer maker's stock worth $7,013,000 after acquiring an additional 75,895 shares in the last quarter. BayBridge Capital Group LLC purchased a new stake in shares of HP during the first quarter worth about $1,505,000. Meritage Portfolio Management raised its position in shares of HP by 37.8% during the 1st quarter. Meritage Portfolio Management now owns 140,632 shares of the computer maker's stock worth $3,894,000 after purchasing an additional 38,568 shares during the last quarter. Jump Financial LLC purchased a new position in HP in the 1st quarter valued at about $6,359,000. Finally, Horizon Financial Services LLC boosted its holdings in HP by 2,669.0% in the 1st quarter. Horizon Financial Services LLC now owns 11,519 shares of the computer maker's stock worth $319,000 after buying an additional 11,103 shares during the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

HP Trading Up 0.8%

NYSE:HPQ opened at $26.93 on Tuesday. HP has a twelve month low of $21.21 and a twelve month high of $39.79. The company has a market cap of $25.17 billion, a PE ratio of 9.83, a P/E/G ratio of 2.15 and a beta of 1.29. The company's 50 day moving average is $27.07 and its two-hundred day moving average is $26.22.

HP (NYSE:HPQ - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, hitting the consensus estimate of $0.75. The business had revenue of $13.93 billion during the quarter, compared to the consensus estimate of $13.69 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The business's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. As a group, analysts expect that HP will post 3.56 EPS for the current fiscal year.

HP Company Profile

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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