Brokerages Set HP Inc. (NYSE:HPQ) PT at $24.77

Shares of HP Inc. (NYSE:HPQ) have been given an average recommendation of “Reduce” by the nineteen research firms that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, one has given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $24.3077.

Several equities analysts have commented on the stock. Morgan Stanley lowered their target price on shares of HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 26th. TD Cowen cut their price objective on HP from $28.00 to $26.00 and set a “hold” rating on the stock in a research note on Wednesday, November 26th. JPMorgan Chase & Co. decreased their target price on HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. Wall Street Zen downgraded HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. Finally, Barclays restated an “underweight” rating and issued a $18.00 price objective (down from $24.00) on shares of HP in a research note on Friday, January 16th.

HP Stock Performance

Shares of NYSE HPQ opened at $19.80 on Monday. The business 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. The stock has a market cap of $18.18 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 3.47 and a beta of 1.21.

HP (NYSE:HPQ) last posted its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The firm had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. During the same period in the previous year, the company earned $0.93 earnings per share. The company’s revenue was up 4.2% compared to the same quarter last year. 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, analysts predict that HP will post 3.56 EPS for the current year.

HP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Wednesday, March 11th. HP’s dividend payout ratio is 45.28%.

HP News Summary

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP extended its multi‑year XGuard licensing deal with Karamba Security to harden its printers versus cyberattacks — a product differentiation point that helps protect recurring print service revenue and enterprise buyers. HP and Karamba Security Sign Multi-Year Licensing Agreement to Protect HP’s Printers
• Positive Sentiment: Macro/sector narrative: analysts and commentators argue HP is a deep‑value play in the emerging “AI‑in‑a‑box” hardware cycle — aging corporate fleets plus AI inference needs could drive PC/server refreshes that benefit HP, while cost cuts and a high dividend cushion downside. The AI in a Box Trade: Hardware Is the Next Boom (HPQ)
• Positive Sentiment: Value/income investors are highlighting HP’s low forward P/E and elevated yield as reasons to buy the dip; several long‑form pieces argue current levels understate free‑cash‑flow resilience and buyback/dividend support. HP: Priced Too Low With A High Yield
• Neutral Sentiment: HP reiterated its FY‑2026 EPS range (2.90–3.20) and Q1 guidance (0.73–0.81) during the leadership transition — reaffirmation reduces one source of near‑term uncertainty but the ranges sit around consensus, so guidance itself is not a catalyst. Does HP’s Sudden CEO Change and Reaffirmed Outlook Reshape the Bull Case For HP (HPQ)?
• Neutral Sentiment: HP scheduled a Feb. 24 webcast for Q1 results — a near‑term event where management under interim leadership can clarify strategy, cost‑savings roadmap and execution milestones. HP Inc. Announces Live Webcast for Q1 Fiscal 2026 Financial Results on February 24, 2026
• Negative Sentiment: CEO Enrique Lores abruptly stepped down and was named PayPal’s CEO; the HP board appointed director Bruce Broussard as interim CEO — leadership turnover is the primary cause of near‑term volatility and investor concern over strategic continuity. HP appoints Bruce Broussard as interim CEO
• Negative Sentiment: Bank of America reaffirmed an “underperform” rating and cut HP’s price target to $20 (from $26), signaling reduced near‑term upside from a large sell‑side participant and likely pressuring sentiment and flows. B of A Securities downgrades HP (HPQ)
• Negative Sentiment: Recent trading sessions showed sharper declines than the broader market as investors digest the leadership change and downgraded sentiment; that technical selling has amplified headline-driven moves. HP (HPQ) Falls More Steeply Than Broader Market: What Investors Need to Know

Insider Transactions at HP

In related news, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $23.19, for a total transaction of $772,713.99. Following the completion of the transaction, the insider owned 34,572 shares of the company’s stock, valued at approximately $801,724.68. The trade was a 49.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anneliese Olson sold 16,726 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were 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 $4,196.27. This trade represents a 99.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 91,969 shares of company stock worth $2,277,993. Company insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On HP

Large investors have recently bought and sold shares of the stock. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of HP by 7.4% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,481,211 shares of the computer maker’s stock valued at $40,333,000 after purchasing an additional 101,844 shares in the last quarter. Railway Pension Investments Ltd lifted its holdings in HP by 6.1% during the 3rd quarter. Railway Pension Investments Ltd now owns 1,600,015 shares of the computer maker’s stock valued at $43,568,000 after purchasing an additional 92,400 shares during the last quarter. Maj Invest Holding A S boosted its position in HP by 3.8% in the third quarter. Maj Invest Holding A S now owns 5,754,138 shares of the computer maker’s stock valued at $156,686,000 after buying an additional 210,762 shares in the last quarter. First Horizon Corp acquired a new position in HP in the third quarter valued at about $5,573,000. Finally, Y Intercept Hong Kong Ltd grew its stake in HP by 498.6% during the third quarter. Y Intercept Hong Kong Ltd now owns 204,219 shares of the computer maker’s stock worth $5,561,000 after buying an additional 170,104 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors and hedge funds.

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.