HP (NYSE:HPQ) Sets New 1-Year Low – What’s Next?

HP Inc. (NYSE:HPQ)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $18.62 and last traded at $18.47, with a volume of 3732763 shares. The stock had previously closed at $19.81.

HP News Roundup

Here are the key news stories impacting HP this week:

• Positive Sentiment: Analysts/commentary argue HP is deeply undervalued with strong free cash flow, a ~6%+ yield and an aggressive cost-reduction plan that could protect margins and unlock value for income investors. HP Inc.: A Share Cannibal Trading At Cycle Lows
• Neutral Sentiment: HP set a live webcast for Q1 FY2026 results on Feb 24 — a scheduled opportunity for management to clarify near-term outlook and cost-savings progress, which could reduce uncertainty if commentary is constructive. HP Inc. to Announce First-Quarter Fiscal 2026 Earnings on Feb 24, 2026
• Neutral Sentiment: The board named director Bruce Broussard as interim CEO effective immediately — a stabilizing measure but one that leaves strategic direction unclear until a permanent CEO is appointed. HP appoints Bruce Broussard as interim CEO
• Negative Sentiment: CEO Enrique Lores is leaving to become PayPal’s CEO — a sudden exit of a sitting CEO increases near-term execution risk and prompted immediate market selling as investors reassess leadership continuity and strategy. HP CEO Lores steps down, to be replaced by Broussard on interim basis PayPal hires HP’s Enrique Lores as its new CEO
• Negative Sentiment: HP updated FY2026 EPS guidance to $2.90–3.20 and Q1 EPS to $0.73–0.81, both modestly below consensus — this guidance miss is a key near-term negative driver and likely explains part of today’s weakness.

Analyst Upgrades and Downgrades

HPQ has been the topic of a number of research analyst reports. UBS Group set a $24.00 target price on HP in a report on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research report on Thursday, January 22nd. TD Cowen lowered their target price on shares of HP from $28.00 to $26.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th. Citigroup lowered their target price on HP from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Finally, Argus raised HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $24.31.

HP Stock Down 4.3%

The company has a market capitalization of $17.41 billion, a PE ratio of 7.15, a P/E/G ratio of 3.61 and a beta of 1.21. The stock has a 50-day moving average of $22.49 and a 200 day moving average of $25.21.

HP (NYSE:HPQ) last posted its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.02. The company 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%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.93 earnings per share. 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 Dividend Announcement

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

Insider Buying and Selling at HP

In other HP news, insider Anneliese Olson sold 16,726 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total value of $415,306.58. Following the sale, the insider directly owned 169 shares of the company’s stock, valued at approximately $4,196.27. The trade was a 99.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ketan M. Patel sold 33,321 shares of the company’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 in the company, valued at approximately $801,724.68. The trade was a 49.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 91,969 shares of company stock valued at $2,277,993. 0.38% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On HP

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HPQ. Garner Asset Management Corp bought a new position in shares of HP during the 4th quarter valued at about $25,000. Laurel Wealth Advisors LLC boosted its holdings in HP by 2,346.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after acquiring an additional 1,009 shares during the period. Flagship Harbor Advisors LLC bought a new position in HP in the 4th quarter worth about $26,000. Elevation Point Wealth Partners LLC bought a new stake in shares of HP during the second quarter valued at approximately $27,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of HP by 97.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after purchasing an additional 646 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.