HP (NYSE:HPQ) Reaches New 52-Week Low – Here’s What Happened

HP Inc. (NYSE:HPQ) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $21.06 and last traded at $20.9980, with a volume of 5636431 shares trading hands. The stock had previously closed at $22.15.

Trending Headlines about HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: CES product showcase positions HP as a leader in PC AI and gaming hardware — new AI PCs (EliteBoard G1a, EliteBook X G2, OmniBook updates) and HyperX/OMEN consolidation could support revenue/pricing power over time. HP at CES 2026 — HP Showcases the Future of Work
• Positive Sentiment: Product and ecosystem updates (Microsoft Copilot integration in printers, firmware-level recovery for IT, OLED displays, high‑TOPS NPUs) could improve enterprise stickiness and add higher‑margin software/services opportunities long term. HP Announces New PCs, Peripherals, and Microsoft 365 Copilot Integration
• Neutral Sentiment: Some analysts view the share pullback as a valuation reset and highlight potential upside if HP can improve margins; this frames the decline as an opportunity contingent on execution. Assessing HP (HPQ) Valuation After Recent Share Price Pullback And Margin Improvement Hopes
• Neutral Sentiment: Product coverage and reviews (e.g., EliteBoard G1a features) generate PR momentum but may take quarters to translate into meaningful revenue/earnings improvements. The HP EliteBoard G1a Is A Modern-Day Commodore 64
• Negative Sentiment: Analysts and commentary point to weak FY26 guidance, rising memory expenses and declining printing margins as the main drivers of the recent selloff; these are immediate near‑term headwinds to EPS. How Low Can HP Stock Go?
• Negative Sentiment: Negative screens and sell recommendations (e.g., “3 Reasons to Avoid HPQ”) amplify downside sentiment and may pressure short‑term flows. 3 Reasons to Avoid HPQ and 1 Stock to Buy Instead
• Negative Sentiment: Recent trading data shows the stock underperforming broader markets, reinforcing momentum‑driven selling. HP (HPQ) Stock Falls Amid Market Uptick

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HPQ shares. JPMorgan Chase & Co. lowered their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Bank of America decreased 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. Sanford C. Bernstein reiterated a “market perform” rating on shares of HP in a research note on Monday, December 1st. Evercore ISI dropped their price target on HP from $29.00 to $25.00 and set an “in-line” rating for the company in a research note on Wednesday, November 26th. Finally, The Goldman Sachs Group lowered their target price on HP from $28.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, HP has a consensus rating of “Hold” and a consensus price target of $25.69.

HP Stock Down 4.9%

The stock has a 50-day moving average of $24.40 and a 200 day moving average of $25.87. The company has a market capitalization of $19.33 billion, a PE ratio of 7.94, a P/E/G ratio of 4.06 and a beta of 1.21.

HP (NYSE:HPQ) last issued its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $14.50 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The business’s revenue for the quarter 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. Equities analysts forecast that HP Inc. will post 3.56 EPS for the current fiscal year.

HP Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Thursday, December 11th were paid a $0.30 dividend. This is an increase from HP’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Thursday, December 11th. HP’s payout ratio is presently 45.28%.

Insider Buying and Selling at HP

In other news, insider Ketan M. Patel sold 33,321 shares of HP stock in a transaction 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 completion of the sale, the insider directly 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 the SEC website. Also, CEO Enrique Lores sold 41,922 shares of the firm’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 sale, the chief executive officer directly owned 141,456 shares in the company, valued at $3,677,856. This trade represents a 22.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 110,123 shares of company stock valued at $2,784,126. Insiders own 0.38% of the company’s stock.

Institutional Trading of HP

Several institutional investors and hedge funds have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership boosted its holdings in shares of HP by 186.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock worth $228,153,000 after buying an additional 5,449,691 shares during the last quarter. AQR Capital Management LLC lifted its stake in HP by 143.4% in the third quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after acquiring an additional 5,325,260 shares during the period. Norges Bank purchased a new stake in shares of HP in the second quarter worth about $91,698,000. Vanguard Group Inc. lifted its stake in shares of HP by 2.5% in the third quarter. Vanguard Group Inc. now owns 129,658,754 shares of the computer maker’s stock worth $3,530,608,000 after buying an additional 3,122,436 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in HP in the 2nd quarter valued at approximately $74,385,000. 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.