HP Stock Forecast, Price & News

HP's stock was trading at $19.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HPQ shares have increased by 15.6% and is now trading at $22.38.
View which stocks have been most impacted by COVID-19.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 2 sell ratings, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for HP or view MarketBeat's top 5 stock picks.

Wall Street analysts have given HP a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but HP wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

HP is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for HP.

HP Inc. (NYSE:HPQ) posted its earnings results on Monday, November, 23rd. The computer maker reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.10. HP had a net margin of 5.02% and a negative return on equity of 196.27%. During the same quarter in the previous year, the business earned $0.60 earnings per share.
View HP's earnings history.

HP announced a quarterly dividend on Tuesday, November 24th. Investors of record on Wednesday, December 9th will be paid a dividend of $0.1938 per share on Wednesday, January 6th. This represents a $0.78 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend is Tuesday, December 8th. This is an increase from HP's previous quarterly dividend of $0.18.
View HP's dividend history.

HP issued an update on its first quarter 2021 After-Hours earnings guidance on Tuesday, November, 24th. The company provided EPS guidance of 0.64-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.53.

18 equities research analysts have issued 12-month target prices for HP's stock. Their forecasts range from $11.00 to $26.00. On average, they anticipate HP's stock price to reach $20.75 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
View analysts' price targets for HP.

HP saw a decrease in short interest in November. As of November 15th, there was short interest totaling 16,860,000 shares, a decrease of 15.4% from the October 31st total of 19,940,000 shares. Based on an average daily volume of 10,010,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.2% of the shares of the stock are sold short.
View HP's Short Interest.

Some companies that are related to HP include Apple (AAPL), Dell Technologies (DELL), NCR (NCR), Super Micro Computer (SMCI), 3D Systems (DDD), Stratasys (SSYS), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other HP investors own include Visa (V), Intel (INTC), Hewlett Packard Enterprise (HPE), Cisco Systems (CSCO), AT&T (T), Pfizer (PFE), Bank of America (BAC), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM) and Gilead Sciences (GILD).

HP trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPQ."

HP's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.29%), State Street Corp (4.83%), LSV Asset Management (1.09%), Baupost Group LLC MA (0.97%), AQR Capital Management LLC (0.82%) and American International Group Inc. (0.80%). Company insiders that own HP stock include Alex Cho, Christoph Schell, Claire Bramley, Dion J Weisler, Enrique Lores, Kim M Rivera, Robert R Bennett, Shumeet Banerji and Tracy S Keogh.
View institutional ownership trends for HP.

HPQ stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Baupost Group LLC MA, BlackRock Inc., AQR Capital Management LLC, DNB Asset Management AS, Great West Life Assurance Co. Can, State Street Corp, and Great West Life Assurance Co. Can. Company insiders that have sold HP company stock in the last year include Alex Cho, Christoph Schell, Kim M Rivera, and Tracy S Keogh.
View insider buying and selling activity for HP.

HPQ stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Point72 Asset Management L.P., Conning Inc., AXA S.A., Morgan Stanley, Hexavest Inc., MUFG Securities EMEA plc, and Worldquant Millennium Advisors LLC. Company insiders that have bought HP stock in the last two years include Enrique Lores, and Robert R Bennett.
View insider buying and selling activity for HP.

Shares of HPQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HPQ stock can currently be purchased for approximately $22.38.

HP has a market capitalization of $30.74 billion and generates $56.64 billion in revenue each year. The computer maker earns $3.15 billion in net income (profit) each year or $2.28 on an earnings per share basis. HP employs 56,000 workers across the globe.

The official website for HP is www.hp.com.

HP's mailing address is 1501 PAGE MILL ROAD, PALO ALTO CA, 94304. The computer maker can be reached via phone at 650-857-1501 or via email at [email protected]