HP Inc. (NYSE:HPQ) Stock Has Consensus Price Target of $25.77

Shares of HP Inc. (NYSE:HPQ) have earned a consensus rating of “Reduce” from the fifteen ratings firms that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $25.42.

HPQ has been the subject of several research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research report on Friday, October 2nd. Barclays raised their price objective on HP from $19.00 to $23.00 and gave the company an “underweight” rating in a report on Friday, August 28th. UBS Group raised their price objective on HP from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Royal Bank Of Canada assumed coverage on shares of HP in a research note on Thursday, September 10th. They set a “sector perform” rating and a $33.00 target price on the stock. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $32.00 target price on shares of HP in a report on Thursday, August 27th.

Insider Activity at HP

In other news, insider David McQuarrie sold 31,572 shares of the firm’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $32.12, for a total value of $1,014,092.64. Following the transaction, the insider directly owned 8,008 shares of the company’s stock, valued at approximately $257,216.96. This trade represents a 79.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 73,668 shares of company stock valued at $2,232,982 in the last ninety days. 0.18% of the stock is owned by corporate insiders.

Institutional Trading of HP

Several large investors have recently bought and sold shares of the business. SHP Wealth Management acquired a new stake in shares of HP in the fourth quarter valued at $26,000. Union Savings Bank purchased a new position in HP in the fourth quarter valued at $28,000. North Point Portfolio Managers Corp OH purchased a new position in HP in the third quarter valued at $28,000. Aberdeen Wealth Management LLC acquired a new position in HP during the 2nd quarter worth $29,000. Finally, MCF Advisors LLC grew its stake in HP by 149.0% during the 2nd quarter. MCF Advisors LLC now owns 1,337 shares of the computer maker’s stock worth $29,000 after purchasing an additional 800 shares in the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

HP Trading Down 0.6%

HPQ stock opened at $30.46 on Friday. HP has a 12-month low of $17.56 and a 12-month high of $36.22. The business’s 50-day moving average is $31.28 and its 200 day moving average is $25.86. The stock has a market cap of $27.47 billion, a price-to-earnings ratio of 8.93, a PEG ratio of 1.59 and a beta of 1.17.

HP (NYSE:HPQ) last announced its earnings results on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.17. The business had revenue of $15.68 billion during the quarter, compared to analysts’ expectations of $14.44 billion. HP had a negative return on equity of 947.78% and a net margin of 4.14%. The business’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.75 earnings per share. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. As a group, equities analysts forecast that HP will post 3.23 EPS for the current fiscal year.

HP Company Profile

HP Inc (NYSE: HPQ) is a global technology company that develops and sells personal computing and printing products, services, and solutions. Its portfolio includes laptops, desktop computers, workstations, monitors, accessories, and other peripherals for consumers and businesses.

The company’s printing business provides printers, multifunction devices, digital presses, supplies such as ink and toner, and related services and solutions. HP also offers managed print services, device and lifecycle management, and other technology services designed to support workplace productivity and hybrid work environments.

HP traces its origins to Hewlett-Packard, founded in 1939 by Bill Hewlett and Dave Packard.