HP (HPQ) Stock Forecast & Price Target

Q: What analysts cover HP?

HP has been rated by research analysts at Bank of America , Barclays , Evercore , Morgan Stanley , Royal Bank Of Canada , Sanford C. Bernstein , TD Cowen , The Goldman Sachs Group , UBS Group , Weiss Ratings , and Zacks Research in the past 90 days.

$32.27 +0.54 (+1.69%)

Closing price 03:58 PM Eastern

Extended Trading

$32.28 +0.01 (+0.02%)

As of 04:53 PM Eastern

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HP - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 16 Analyst Ratings

Sell
5

Hold
8

Buy
3

Based on 16 Wall Street analysts who have issued ratings for HP in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 5 have given a sell rating, 8 have given a hold rating, and 3 have given a strong buy rating for HPQ.

Consensus Price Target

$25.77
-20.14% Downside

According to the 16 analysts' twelve-month price targets for HP, the average price target is $25.77. The highest price target for HPQ is $33.00, while the lowest price target for HPQ is $17.00. The average price target represents a forecasted downside of -20.14% from the current price of $32.27.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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HPQ Analyst Ratings Over Time

Type	Current Forecast 10/7/25 to 10/7/26	1 Month Ago 9/7/25 to 9/7/26	3 Months Ago 7/9/25 to 7/9/26	1 Year Ago 10/7/24 to 10/7/25
Strong Buy	3 Strong Buy rating(s)	3 Strong Buy rating(s)	2 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)	14 Hold rating(s)
Sell	5 Sell rating(s)	5 Sell rating(s)	5 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$25.77	$25.17	$23.33	$29.38
Forecasted Upside	-20.14% Downside	-22.94% Downside	-3.10% Downside	10.66% Upside
Consensus Rating	Hold	Hold	Reduce	Hold

HPQ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HPQ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

HP Stock vs. The Competition

Type	HP	Technology Companies	Broader Market
Consensus Rating Score	2.06	2.23	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-18.92% Downside	601.03% Upside	19.81% Upside
News Sentiment Rating	Positive News See Recent HPQ News	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

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Rating

Upside/Downside

Action

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
10/2/2026	Weiss Ratings 3 of 5 stars		Reiterated Rating	Hold (C)
9/10/2026	Royal Bank Of Canada 3 of 5 stars	David Paige Not Rated	Initiated Coverage	Sector Perform	$33.00	+0.81%
9/7/2026	Zacks Research 4 of 5 stars		Upgrade	Hold ➝ Strong-Buy
8/28/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tim Long Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Underweight	$19.00 ➝ $23.00	-22.54%
8/27/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Krish Sankar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Hold	$26.00 ➝ $30.00	+4.03%
8/27/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform	$32.00	+4.51%
8/27/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Vogt Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$26.00 ➝ $28.00	-8.56%
8/27/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Wamsi Mohan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Underperform
8/24/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$32.00	+10.65%
8/24/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Erik Woodring Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Underweight	$19.00 ➝ $17.00	-40.74%
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8/12/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Ng Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sell	$19.00 ➝ $21.00	-27.81%
5/28/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Asiya Merchant Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$20.00 ➝ $25.00	-2.16%
5/28/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Aaron Rakers Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Underweight	$18.00 ➝ $20.00	-21.73%
5/28/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Samik Chatterjee Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$22.00 ➝ $26.00	+5.05%
12/2/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
10/14/2025	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Stephen Bersey Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Hold ➝ Buy	$28.10 ➝ $30.00	+9.74%
6/11/2025	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	J. Au Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Moderate Buy ➝ Hold
5/29/2025	KGI Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Neutral
3/4/2025	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ananda Baruah Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$35.00 ➝ $30.00	+2.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:55 PM ET.

Should I Buy HP Stock? HPQ Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 4, 2026. Please send any questions or comments about these HP pros and cons to contact@marketbeat.com.

HP
Bull Case

Here are some ways that investors could benefit from investing in HP Inc.:

HP Inc. recently reported strong financial results for the quarter ended August 26, 2026, beating analyst expectations with earnings per share of $0.83 compared to a consensus estimate of $0.66, while revenue of $15.68 billion exceeded the $14.44 billion forecast, demonstrating robust operational performance and top-line growth of 12.5% year-over-year.
The company offers an attractive income opportunity with a dividend yield of 3.74%, which is significantly higher than the broader market average, providing a steady stream of cash flow for income-focused investors despite the stock's recent volatility.
HP Inc. is currently trading at $32.13, which is below its 52-week high of $36.22, suggesting potential for further upside as the stock has already recovered significantly from its 52-week low of $17.56, indicating a strong momentum shift in investor sentiment.
Recent product launches, including the HP OmniBook 5 and ProBook 4, feature AI-enhanced capabilities and premium OLED displays, positioning the company to capture market share in the high-growth AI PC segment and differentiate its offerings from competitors like Apple and Dell.
Several institutional investors, including State Street Corp and The Manufacturers Life Insurance Company, increased their stakes in HP Inc. during the second quarter, signaling confidence in the company's long-term strategic direction and financial stability.

HP
Bear Case

Investors should be bearish about investing in HP Inc. for these reasons:

HP Inc. has issued a warning of a potential mid-single-digit decline in global PC volumes for 2027, which could negatively impact future revenue growth and profit margins as the company relies heavily on its Personal Systems segment for earnings.
The consensus rating from Wall Street analysts is "Hold" with an average price target of $25.77, which is significantly below the current stock price of $32.13, suggesting that the stock may be overvalued relative to analyst expectations and facing potential downside risk.
Short interest in HP Inc. has been elevated, with 72.5 million shares shorted as of September 15, 2026, representing approximately 8.06% of the float, indicating that a significant portion of the market is betting against the stock's future performance.
Insider selling activity has been notable, with David P McQuarrie selling 21,048 shares in August 2026 and other insiders reducing their holdings, which may signal a lack of confidence from company executives in the stock's near-term appreciation.
Some analysts, including Morgan Stanley and Goldman Sachs, have issued "underweight" or "sell" ratings on HP Inc., citing concerns about unit and margin pressures that are not fully reflected in the stock's current valuation, suggesting potential for further downside if these pressures materialize.

HPQ Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for HP is $25.77, with a high forecast of $33.00 and a low forecast of $17.00.

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 5 sell ratings, 8 hold ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HPQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HPQ, but not buy additional shares or sell existing shares.

According to analysts, HP's stock has a predicted downside of -20.14% based on their 12-month stock forecasts.

Over the previous 90 days, HP's stock had 2 upgrades by analysts.

HP has been rated by research analysts at Bank of America, Barclays, Evercore, Morgan Stanley, Royal Bank Of Canada, Sanford C. Bernstein, TD Cowen, The Goldman Sachs Group, UBS Group, Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like HP less than other "technology" companies. The consensus rating score for HP is 2.06 while the average consensus rating score for "technology" companies is 2.23. Learn more on how HPQ compares to other companies.

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MarketBeat monitors more than a dozen sources for HP analyst ratings, with the most recent rating issued on 10/2/2026.

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HP (HPQ) Stock Forecast & Price Target