HP (NYSE:HPQ) Issues FY 2026 Earnings Guidance

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

HP Price Performance

NYSE HPQ opened at $19.78 on Tuesday. The firm’s fifty day moving average price is $22.49 and its 200 day moving average price is $25.21. HP has a 12 month low of $18.93 and a 12 month high of $35.28. The company has a market capitalization of $18.15 billion, a price-to-earnings ratio of 7.46, a price-to-earnings-growth ratio of 3.61 and a beta of 1.21.

HP (NYSE:HPQ) last posted its 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. The business had revenue of $14.64 billion for the quarter, compared to analysts’ expectations of $14.50 billion. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The business’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, sell-side analysts forecast that HP will post 3.56 earnings per share for the current year.

HP Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Citigroup lowered their price target on HP from $25.00 to $22.00 and set a “neutral” rating on the stock in a report on Tuesday, January 20th. Morgan Stanley dropped their price target on HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of HP in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $24.77.

Insider Buying and Selling at HP

In other news, CEO Enrique Lores sold 41,922 shares of HP stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the completion of the sale, the chief executive officer directly owned 141,456 shares in the company, valued at approximately $3,677,856. This trade represents a 22.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ketan M. Patel sold 33,321 shares of HP stock in a transaction on Friday, December 26th. The stock was sold at an average price of $23.19, for a total value of $772,713.99. Following the transaction, the insider directly owned 34,572 shares of the company’s stock, valued at approximately $801,724.68. This represents a 49.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 91,969 shares of company stock valued at $2,277,993. Corporate insiders own 0.38% of the company’s stock.

Key Stories Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP scheduled a live audio webcast for Q1 FY2026 results on Feb 24 — a transparency event that lets management explain results and guidance directly to investors, which can calm markets and reduce uncertainty. HP Inc. Announces Live Webcast for Q1 Fiscal 2026 Financial Results on February 24, 2026
• Positive Sentiment: Value-oriented analysis (Seeking Alpha) argues HP trades at cycle-low valuations with strong free cash flow and a dividend yield, suggesting upside for long-term investors if execution stabilizes. HP Inc.: A Share Cannibal Trading At Cycle Lows
• Positive Sentiment: Median analyst 6‑month price target (~$25) sits well above current levels, indicating some analysts see meaningful upside versus today’s price (support for value-oriented buyers).
• Neutral Sentiment: Mixed analyst stance and institutional activity: recent moves include both large additions and reductions by hedge funds and split analyst ratings (Buy and Underweight), which can increase short-term volatility but not a clear directional signal. Quiver summary (analyst & institutional activity)
• Negative Sentiment: HP updated FY2026 EPS guidance to $2.90–$3.20 (consensus ~ $3.07) and Q1 FY2026 EPS to $0.73–$0.81 (consensus ~ $0.77) — both slightly below consensus midpoints, which traders often view as a near-term negative signal for revenue/margin momentum.
• Negative Sentiment: Leadership turmoil: Enrique Lores stepped down as HP CEO to pursue another opportunity and the board named director Bruce Broussard interim CEO effective immediately — sudden CEO turnover increases execution risk and typically pressures sentiment until leadership clarity returns. HP appoints Bruce Broussard as interim CEO (Reuters) HP Inc. Announces Leadership Transition (GlobeNewswire)
• Negative Sentiment: Press reports link Enrique Lores to the PayPal CEO role — his departure to another company reinforces the leadership-change narrative and may heighten near-term investor concern. PayPal Names HP Inc.’s Lores as CEO and Misses Earnings Estimates (Barron’s)
• Negative Sentiment: Insider selling activity has been reported (several recent sales by senior executives), which can be viewed negatively by market participants monitoring insider confidence. Quiver insider trading summary

Hedge Funds Weigh In On HP

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