Analysts Set HP Inc. (NYSE:HPQ) Price Target at $25.77

Shares of HP Inc. (NYSE:HPQ) have been given a consensus rating of “Hold” by the sixteen research firms that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and three have issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $25.7692.

Several brokerages have recently commented on HPQ. Royal Bank Of Canada initiated coverage on HP in a research report on Thursday, September 10th. They issued a “sector perform” rating and a $33.00 target price for the company. Evercore set a $32.00 price target on HP in a research report on Monday, August 24th. UBS Group increased their price objective on shares of HP from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. Zacks Research upgraded HP from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 7th. Finally, Citigroup increased their price objective on shares of HP from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th.

Insiders Place Their Bets

In other HP news, insider David McQuarrie sold 21,048 shares of HP stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $29.98, for a total value of $631,019.04. Following the transaction, the insider owned 39,580 shares in the company, valued at approximately $1,186,608.40. The trade was a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 42,096 shares of company stock worth $1,218,890 in the last ninety days. Company insiders own 0.18% of the company’s stock.

Institutional Investors Weigh In On HP

Several hedge funds have recently bought and sold shares of the business. SHP Wealth Management acquired a new stake in shares of HP in the fourth quarter worth $26,000. Union Savings Bank acquired a new position in HP in the 4th quarter valued at $28,000. Aberdeen Wealth Management LLC acquired a new position in HP in the 2nd quarter valued at $29,000. MCF Advisors LLC boosted its holdings in HP by 149.0% during the second quarter. MCF Advisors LLC now owns 1,337 shares of the computer maker’s stock valued at $29,000 after acquiring an additional 800 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in HP during the 4th quarter valued at approximately $32,000. 77.53% of the stock is owned by hedge funds and other institutional investors.

HP Stock Up 6.0%

Shares of NYSE HPQ opened at $34.66 on Tuesday. HP has a fifty-two week low of $17.56 and a fifty-two week high of $36.22. The business has a 50 day moving average price of $29.12 and a two-hundred day moving average price of $24.15. The firm has a market cap of $31.26 billion, a PE ratio of 13.23, a price-to-earnings-growth ratio of 1.70 and a beta of 1.18.

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

About HP

HP Inc is a global technology company that develops and sells personal computing and printing products and related services. Its Personal Systems business offers laptops, desktop computers, workstations, gaming PCs, monitors, peripherals and accessories for consumers, businesses and public-sector organizations.

Through its Printing business, HP provides home and office printers, commercial printing systems, supplies such as ink and toner, and managed print services. The company also offers software and solutions designed to support device management, security, productivity and digital workflows.

HP serves customers in markets around the world through direct sales, online channels, retailers, distributors and business partners.