HP (NYSE:HPQ) Releases FY 2026 Earnings Guidance

HP (NYSE:HPQ) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.900-3.200 for the period, compared to the consensus estimate of 3.070. The company issued revenue guidance of -. HP also updated its Q1 2026 guidance to 0.730-0.810 EPS.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HPQ shares. Bank of America reissued an “underperform” rating and set a $20.00 target price (down from $26.00) on shares of HP in a research note on Tuesday. HSBC set a $30.00 price objective on shares of HP and gave the stock a “buy” rating in a report on Tuesday, October 14th. Barclays reissued an “underweight” rating and issued a $18.00 price target (down from $24.00) on shares of HP in a research note on Friday, January 16th. Evercore ISI reduced their price target on HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research note on Wednesday, November 26th. Finally, UBS Group set a $24.00 price objective on HP in a research report on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $24.31.

HP Stock Down 3.4%

Shares of NYSE:HPQ traded down $0.68 on Thursday, hitting $19.14. 2,790,117 shares of the company traded hands, compared to its average volume of 18,721,621. The company has a market cap of $17.57 billion, a PE ratio of 7.23, a PEG ratio of 3.47 and a beta of 1.21. The stock has a 50 day simple moving average of $22.31 and a 200-day simple moving average of $25.13. HP has a 52 week low of $18.32 and a 52 week high of $35.28.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The business had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. HP’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $0.93 EPS. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, sell-side analysts anticipate that HP will post 3.56 earnings per share for the current year.

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.3%. The ex-dividend date is Wednesday, March 11th. HP’s dividend payout ratio (DPR) is currently 45.28%.

Insider Transactions at HP

In related news, insider Anneliese Olson sold 16,726 shares of HP stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total value of $415,306.58. Following the completion of the sale, the insider directly owned 169 shares in the company, valued at approximately $4,196.27. This trade represents a 99.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the completion of the transaction, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. This trade represents a 22.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 91,969 shares of company stock worth $2,277,993 over the last quarter. 0.38% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPL Wealth Management LLC purchased a new stake in HP in the third quarter worth approximately $43,000. MUFG Securities EMEA plc bought a new position in shares of HP during the 2nd quarter valued at $68,000. Turning Point Benefit Group Inc. purchased a new position in shares of HP in the 3rd quarter worth $104,000. Geneos Wealth Management Inc. boosted its stake in shares of HP by 28.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 6,493 shares of the computer maker’s stock worth $159,000 after buying an additional 1,426 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of HP by 17.0% in the third quarter. Larson Financial Group LLC now owns 7,771 shares of the computer maker’s stock worth $212,000 after acquiring an additional 1,127 shares during the period. Institutional investors own 77.53% of the company’s stock.

HP Company Profile

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.