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

HP Inc. (NYSE:HPQ)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $18.00 and last traded at $18.1480, with a volume of 26952482 shares changing hands. The stock had previously closed at $18.35.

More HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: Q1 beat consensus — HP reported $14.4B in revenue (up 6.9% y/y) and $0.81 non‑GAAP EPS, both ahead of estimates; the company also generated free cash flow and returned capital to shareholders. HP Inc. Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Personal Systems growth — PC/Personal Systems revenue rose ~11%, showing demand strength in that segment which supports near-term top-line momentum. HP Hits 52-Week Low After CFO’s Warning Wipes Out Earnings Win
• Neutral Sentiment: Earnings materials and transcript available — Management provided slides and a full call transcript for deeper detail on cost actions and the outlook (useful for modeling but not new news). HP Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Analysts updating models — Street analysts are trimming targets and reworking valuations to reflect cost actions vs. demand/memory risk; this narrows consensus price-target ranges. Why The HP (HPQ) Story Is Shifting On Costs Memory Pressures And AI PC Hopes
• Negative Sentiment: Softer near-term guidance — HP set Q2 FY26 EPS guidance of $0.70–$0.76, which sits at or slightly below consensus and prompted caution from investors. HP Inc. Reports Fiscal 2026 First Quarter Results
• Negative Sentiment: Memory cost & trade‑rule headwinds — Management warned that rising memory prices and U.S. trade regulations (supply restrictions) will push fiscal results toward the low end of prior guidance and compress margins. HP warns US trade regulations, memory chip costs to weigh on annual forecasts
• Negative Sentiment: Market reaction — The combination of the guidance cut/warnings led to analyst target trims and pushed the stock toward its 52‑week low as investors price in higher component costs and uncertain demand. HP Hits 52-Week Low After CFO’s Warning Wipes Out Earnings Win

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on HPQ shares. TD Cowen cut their target price on HP from $28.00 to $26.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. JPMorgan Chase & Co. dropped their price target on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Evercore set a $22.00 price objective on HP in a report on Thursday, February 19th. Bank of America reaffirmed an “underperform” rating and set a $20.00 price objective (down from $26.00) on shares of HP in a research note on Tuesday, February 3rd. Finally, Zacks Research downgraded shares of HP from a “hold” rating to a “strong sell” rating in a research report on Friday, November 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, HP presently has a consensus rating of “Reduce” and a consensus target price of $23.62.

HP Stock Performance

The business’s 50 day simple moving average is $20.61 and its 200-day simple moving average is $24.50. The company has a market cap of $16.66 billion, a price-to-earnings ratio of 6.85, a price-to-earnings-growth ratio of 0.29 and a beta of 1.21.

HP (NYSE:HPQ) last announced its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.04. The business had revenue of $14.44 billion during the quarter, compared to analyst estimates of $13.87 billion. HP had a negative return on equity of 330.68% and a net margin of 4.57%.HP’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $0.74 earnings per share. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. Research analysts expect that HP Inc. will post 3.56 earnings per share for the current year.

HP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.6%. The ex-dividend date is Wednesday, March 11th. HP’s payout ratio is currently 45.28%.

Insider Activity at HP

In other HP news, insider Ketan M. Patel sold 33,321 shares of HP stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the sale, the insider directly owned 34,572 shares in the company, valued at $801,724.68. The trade was a 49.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was 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 of the company’s stock, valued at $3,677,856. This represents a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 91,969 shares of company stock valued at $2,277,993. 0.38% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On HP

Large investors have recently bought and sold shares of the business. Richardson Financial Services Inc. raised its holdings in HP by 14.9% during the third quarter. Richardson Financial Services Inc. now owns 2,827 shares of the computer maker’s stock valued at $77,000 after buying an additional 367 shares in the last quarter. Auxano Advisors LLC increased its holdings in shares of HP by 4.4% during the 3rd quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock valued at $252,000 after acquiring an additional 391 shares during the last quarter. IHT Wealth Management LLC increased its holdings in shares of HP by 3.3% during the 2nd quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock valued at $305,000 after acquiring an additional 398 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of HP by 42.9% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,349 shares of the computer maker’s stock valued at $37,000 after acquiring an additional 405 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its holdings in HP by 6.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock worth $173,000 after purchasing an additional 410 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors.

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.