HP Stock Forecast, Price & News

HP's stock was trading at $19.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HPQ stock has decreased by 5.5% and is now trading at $18.30.
View which stocks have been most impacted by COVID-19.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 3 sell ratings, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for HP.

HP is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020.
View our earnings forecast for HP.

HP Inc. (NYSE:HPQ) posted its quarterly earnings data on Thursday, August, 27th. The computer maker reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.06. The computer maker had revenue of $14.29 billion for the quarter, compared to analyst estimates of $13.29 billion. HP had a net margin of 4.51% and a negative return on equity of 237.44%. HP's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.58 EPS.
View HP's earnings history.

HP announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Wednesday, September 9th will be paid a dividend of $0.1762 per share on Wednesday, October 7th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date of this dividend is Tuesday, September 8th.
View HP's dividend history.

HP issued an update on its fourth quarter earnings guidance on Thursday, August, 27th. The company provided EPS guidance of $0.50-0.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.50.

19 brokers have issued 1 year price objectives for HP's stock. Their forecasts range from $11.00 to $25.00. On average, they anticipate HP's stock price to reach $19.21 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for HP.

News stories about HPQ stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. HP earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news coverage about the computer maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about HP.

HP saw a increase in short interest in September. As of September 15th, there was short interest totaling 20,190,000 shares, an increase of 13.0% from the August 31st total of 17,870,000 shares. Based on an average daily trading volume, of 11,510,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.5% of the shares of the company are short sold.
View HP's Short Interest.

Some companies that are related to HP include Apple (AAPL), Dell (DELL), NCR (NCR), Super Micro Computer (SMCI), Stratasys (SSYS), 3D Systems (DDD), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).
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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), Gilead Sciences (GILD) and JPMorgan Chase & Co. (JPM).

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 investors include Vanguard Group Inc. (8.82%), BlackRock Inc. (8.24%), FMR LLC (1.96%), Bank of New York Mellon Corp (1.30%), AQR Capital Management LLC (1.06%) and LSV Asset Management (1.03%). Company insiders that own HP stock include Alex Cho, Catherine A Lesjak, 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 Vanguard Group Inc., Nuveen Asset Management LLC, Goldman Sachs Group Inc., AJO LP, Two Sigma Advisers LP, American International Group Inc., TIG Advisors LLC, and WINTON GROUP Ltd. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., AQR Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., Nordea Investment Management AB, Point72 Asset Management L.P., DNB Asset Management AS, Man Group plc, and Victory Capital Management Inc.. 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 $18.30.

HP has a market capitalization of $25.13 billion and generates $58.76 billion in revenue each year. The computer maker earns $3.15 billion in net income (profit) each year or $2.24 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]