HP (NYSE:HPQ) Issues Q1 2026 Earnings Guidance

HP (NYSE:HPQ) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.730-0.810 for the period, compared to the consensus earnings per share estimate of 0.770. The company issued revenue guidance of -. HP also updated its FY 2026 guidance to 2.900-3.200 EPS.

HP Trading Up 1.7%

Shares of HP stock opened at $19.78 on Tuesday. The company has a fifty day simple moving average of $22.49 and a 200-day simple moving average of $25.21. The stock has a market cap of $18.15 billion, a price-to-earnings ratio of 7.46, a PEG ratio of 3.61 and a beta of 1.21. HP has a 12-month low of $18.93 and a 12-month high of $35.28.

HP (NYSE:HPQ) last announced its quarterly earnings results 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. 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. HP’s quarterly 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 forecast that HP will post 3.56 earnings per share for the current fiscal year.

HP Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on HPQ shares. UBS Group set a $24.00 target price on shares of HP in a research report on Wednesday, November 26th. HSBC set a $30.00 price target on HP and gave the company a “buy” rating in a research report on Tuesday, October 14th. Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Barclays reissued an “underweight” rating and issued a $18.00 target price (down previously from $24.00) on shares of HP in a report on Friday, January 16th. Finally, Argus upgraded shares of HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $24.77.

Insider Activity at HP

In other HP news, insider Anneliese Olson sold 16,726 shares of the company’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 owned 169 shares of the company’s stock, valued at approximately $4,196.27. This represents a 99.00% decrease in their ownership of the stock. 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 HP stock in a transaction on 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 transaction, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at $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 valued at $2,277,993 in the last ninety days. Corporate insiders own 0.38% of the company’s stock.

Institutional Trading of HP

Institutional investors and hedge funds have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership increased its stake in shares of HP by 186.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock worth $228,153,000 after purchasing an additional 5,449,691 shares in the last quarter. AQR Capital Management LLC raised its stake in HP by 143.4% in the 3rd quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock valued at $244,527,000 after purchasing an additional 5,325,260 shares during the last quarter. State Street Corp lifted its holdings in HP by 5.3% in the 3rd quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock valued at $1,450,245,000 after purchasing an additional 2,651,623 shares in the last quarter. Man Group plc boosted its stake in shares of HP by 688.9% during the 3rd quarter. Man Group plc now owns 2,293,041 shares of the computer maker’s stock worth $62,440,000 after purchasing an additional 2,002,381 shares during the last quarter. Finally, Meridiem Capital Partners LP acquired a new position in shares of HP in the second quarter valued at approximately $20,450,000. Hedge funds and other 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.