HP (NYSE:HPQ) Updates Q1 2026 Earnings Guidance

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

HP Price Performance

HPQ stock traded down $0.12 during midday trading on Tuesday, hitting $24.26. The company’s stock had a trading volume of 21,857,954 shares, compared to its average volume of 9,263,132. The company’s fifty day moving average price is $26.58 and its 200 day moving average price is $26.41. HP has a twelve month low of $21.21 and a twelve month high of $39.62. The stock has a market capitalization of $22.68 billion, a P/E ratio of 8.85, a PEG ratio of 2.23 and a beta of 1.28.

HP (NYSE:HPQ) last released its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.01. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The business had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $14.50 billion. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. Equities analysts expect that HP will post 3.56 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on HPQ. UBS Group increased their price objective on HP from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. JPMorgan Chase & Co. cut shares of HP from an “overweight” rating to a “neutral” rating and set a $30.00 price target for the company. in a research note on Wednesday, October 22nd. Bank of America lowered their price objective on shares of HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday. Morgan Stanley set a $21.00 target price on shares of HP in a report on Friday. Finally, Evercore ISI reiterated an “in-line” rating and set a $29.00 price target on shares of HP in a report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $27.67.

Insider Transactions at HP

In other HP news, CEO Enrique Lores sold 34,282 shares of the business’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $26.85, for a total value of $920,471.70. Following the completion of the sale, the chief executive officer owned 3 shares of the company’s stock, valued at $80.55. The trade was a 99.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Anneliese Olson sold 18,154 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the transaction, the insider directly owned 169 shares in the company, valued at $4,711.72. This represents a 99.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On HP

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HPQ. CIBC Bancorp USA Inc. bought a new stake in shares of HP during the 3rd quarter valued at $3,529,000. Coldstream Capital Management Inc. raised its stake in HP by 19.8% in the third quarter. Coldstream Capital Management Inc. now owns 21,115 shares of the computer maker’s stock valued at $575,000 after purchasing an additional 3,490 shares in the last quarter. Danske Bank A S bought a new stake in HP during the third quarter worth about $11,102,000. Advisory Services Network LLC grew its stake in HP by 3.2% during the third quarter. Advisory Services Network LLC now owns 89,605 shares of the computer maker’s stock worth $2,440,000 after buying an additional 2,771 shares in the last quarter. Finally, OmniStar Financial Group Inc. grew its stake in HP by 24.8% during the third quarter. OmniStar Financial Group Inc. now owns 18,086 shares of the computer maker’s stock worth $492,000 after buying an additional 3,598 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

HP Company Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.