HP (NYSE:HPQ) Sets New 52-Week Low – Here’s Why

HP Inc. (NYSE:HPQ)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $20.64 and last traded at $20.6410, with a volume of 822062 shares changing hands. The stock had previously closed at $20.77.

Key Headlines Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: MarketBeat highlights HPQ as a low P/E, high-yield candidate that could rebound as DRAM supply/cost dynamics normalize and dividend support attracts income investors; the piece argues upside potential if sentiment stabilizes. 3 Low P/E Stocks: Separating Multibaggers From a Value Trap
• Positive Sentiment: HP’s Metal Jet business gets a small operational boost: INDO‑MIM qualified Continuum Powders’ OptiPowder Ni718 for production on HP Metal Jet systems, expanding U.S. industrial use cases and supporting industrial revenue potential. INDO‑MIM Qualifies Continuum Powders’ OptiPowder Ni718 on HP Metal Jet Systems
• Neutral Sentiment: Bank of America Securities kept a Hold rating and a $26 price target, signaling no change in the analyst view but implying upside from current levels if fundamentals stabilize. Bank of America Securities Maintains Hold Rating on HP Inc. (HPQ) Stock
• Negative Sentiment: Barclays downgraded HP to underweight and cut its price target to $18 (from $24), citing secular challenges and a “lack of catalyst” — a key driver of today’s selloff as it signals lower near-term expectations. Barclays cuts HPQ on secular challenges and a ’lack of catalyst’
• Negative Sentiment: Raymond James also downgraded HP to Sell, adding to analyst momentum to the downside and increasing downward pressure on sentiment. Raymond James downgrades HP (HPQ) to a Sell
• Negative Sentiment: Multiple analyst downgrades produced an early pre‑market drop (~3%), reflecting coordinated sell-side concern about near-term growth and margin risks. HP Inc. Stock (HPQ) Drops 3% Pre-Market as Analysts Downgrade Rating to Sell
• Negative Sentiment: HP hit a 52‑week low amid the selloff, reflecting deteriorating technicals and elevated short-term downside risk. HP stock hits 52-week low at $20.64
• Negative Sentiment: Industry cost headwinds: rising memory prices are benefiting chipmakers but pressuring OEMs including Apple and HP, which could compress margins if costs persist. Soaring Memory Prices Lift Chipmakers, Pressure Apple and HP

Wall Street Analyst Weigh In

HPQ has been the subject of several research analyst reports. Wall Street Zen lowered shares of HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. Zacks Research cut HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Bank of America dropped their price target on HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. JPMorgan Chase & Co. decreased their price objective on HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of HP in a research note on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have issued a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $25.00.

HP Stock Performance

The business has a 50 day moving average of $23.46 and a two-hundred day moving average of $25.66. The firm has a market capitalization of $18.72 billion, a price-to-earnings ratio of 7.69, a P/E/G ratio of 3.86 and a beta of 1.21.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The firm had revenue of $14.64 billion during the quarter, compared to the consensus estimate of $14.50 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. On average, equities analysts predict that HP Inc. will post 3.56 EPS for the current fiscal year.

HP Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Thursday, December 11th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.9%. This is an increase from HP’s previous quarterly dividend of $0.29. The ex-dividend date was Thursday, December 11th. HP’s dividend payout ratio is currently 45.28%.

Insider Activity at HP

In related news, insider Anneliese Olson sold 18,154 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total value of $506,133.52. Following the transaction, the insider directly owned 169 shares of the company’s stock, valued at approximately $4,711.72. The trade was a 99.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ketan M. Patel sold 33,321 shares of the stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $23.19, for a total transaction of $772,713.99. Following the transaction, the insider directly owned 34,572 shares of the company’s stock, valued at $801,724.68. This represents a 49.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 110,123 shares of company stock valued at $2,784,126 over the last ninety days. Corporate insiders own 0.38% of the company’s stock.

Institutional Investors Weigh In On HP

Institutional investors and hedge funds have recently made changes to their positions in the business. Perigon Wealth Management LLC boosted its position in shares of HP by 21.5% during the 4th quarter. Perigon Wealth Management LLC now owns 11,591 shares of the computer maker’s stock valued at $258,000 after acquiring an additional 2,049 shares during the last quarter. Aberdeen Group plc grew its position in HP by 0.8% during the 4th quarter. Aberdeen Group plc now owns 981,335 shares of the computer maker’s stock worth $21,864,000 after acquiring an additional 7,569 shares during the last quarter. Dorato Capital Management bought a new stake in HP during the 4th quarter valued at $187,000. Abacus Planning Group Inc. grew its stake in shares of HP by 6.7% in the fourth quarter. Abacus Planning Group Inc. now owns 11,166 shares of the computer maker’s stock worth $249,000 after purchasing an additional 699 shares during the last quarter. Finally, Rockland Trust Co. raised its holdings in shares of HP by 3.2% during the fourth quarter. Rockland Trust Co. now owns 249,384 shares of the computer maker’s stock valued at $5,556,000 after acquiring an additional 7,722 shares in the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

About HP

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.