HP (NYSE:HPQ) Issues FY 2026 Earnings Guidance

HP (NYSE:HPQ) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.190-3.290 for the period, compared to the consensus EPS estimate of 3.020. The company issued revenue guidance of -. HP also updated its Q4 2026 guidance to 0.690-0.790 EPS.

HP Price Performance

Shares of NYSE HPQ traded up $1.10 during midday trading on Wednesday, reaching $30.62. 21,261,047 shares of the company traded hands, compared to its average volume of 18,302,463. The company has a market cap of $28.00 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 4.74 and a beta of 1.17. The stock has a 50-day moving average price of $25.96 and a 200 day moving average price of $22.55. HP has a 52 week low of $17.56 and a 52 week high of $32.19.

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 firm had revenue of $15.68 billion during the quarter, compared to analyst estimates of $14.44 billion. HP had a net margin of 4.45% and a negative return on equity of 581.36%. 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, analysts expect that HP will post 3.03 EPS for the current year.

HP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Wednesday, September 9th. HP’s dividend payout ratio (DPR) is currently 44.28%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HPQ shares. Weiss Ratings upgraded HP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 6th. Evercore set a $32.00 target price on HP in a research note on Monday. Barclays lifted their target price on HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Wells Fargo & Company boosted their price target on shares of HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen upgraded shares of HP from a “hold” rating to a “buy” rating in a report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $24.17.

Insider Activity

In other news, insider David P. Mcquarrie sold 21,048 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $29.98, for a total transaction of $631,019.04. Following the transaction, the insider directly owned 39,580 shares in the company, valued at $1,186,608.40. The trade was a 34.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 52,620 shares of company stock worth $1,478,622. Company insiders own 0.18% of the company’s stock.

Trending Headlines about HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP signed a multi-year, global cross-licensing agreement with Huawei covering certain Wi-Fi patents. The deal could provide HP access to useful connectivity technology and helped improve sentiment despite Huawei’s presence on the U.S. entity list. HP partners with U.S.-blacklisted Huawei for licensing the Chinese company’s WiFi tech
• Positive Sentiment: The earnings preview highlights continued PC demand and potential revenue growth, with analysts forecasting approximately $14.39 billion in quarterly revenue. Investors are also watching whether pricing and margin performance can offset industry pressures. HP Q3 2026 earnings preview
• Neutral Sentiment: HP was scheduled to report fiscal third-quarter results after the market close on Aug. 26. Analysts expected earnings of about $0.66 per share, and the company had declared a quarterly dividend of $0.30 per share. The report and management’s outlook are the next major catalysts. HP likely to report lower Q3 earnings
• Neutral Sentiment: Options traders are positioning for a potentially large move around earnings, indicating elevated uncertainty rather than a clear directional view. HP earnings preview: Options traders brace for big move
• Negative Sentiment: Analysts were expecting lower fiscal third-quarter earnings than the prior-year period, creating downside risk if HP misses estimates or gives a weaker outlook. Unusually heavy trading in long-dated HPQ put options also signals that some investors are hedging against longer-term weakness. HP results and unusual options activity

Institutional Investors Weigh In On HP

A number of hedge funds and other institutional investors have recently made changes to their positions in HPQ. DV Equities LLC acquired a new stake in HP in the fourth quarter valued at approximately $29,000. Wilkerson Advisory Group LLC bought a new stake in shares of HP during the 4th quarter worth about $41,000. JPL Wealth Management LLC acquired a new position in shares of HP during the 3rd quarter valued at about $43,000. Platinum Investment Management Ltd. bought a new position in shares of HP in the 4th quarter valued at approximately $59,000. Finally, Summit Securities Group LLC lifted its holdings in HP by 78.4% in the 4th quarter. Summit Securities Group LLC now owns 2,887 shares of the computer maker’s stock worth $64,000 after purchasing an additional 1,269 shares during the last quarter. 77.53% of the stock is owned by hedge funds and other 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.