HP Inc. (HPQ)
Market Cap | 27.09B |
Revenue (ttm) | 53.11B |
Net Income (ttm) | 3.43B |
Shares Out | 978.48M |
EPS (ttm) | 3.42 |
PE Ratio | 8.10 |
Forward PE | 8.01 |
Dividend | $1.10 (3.98%) |
Ex-Dividend Date | Mar 12, 2024 |
Volume | 6,142,168 |
Open | 27.95 |
Previous Close | 27.79 |
Day's Range | 27.63 - 28.21 |
52-Week Range | 25.22 - 33.90 |
Beta | 1.06 |
Analysts | Buy |
Price Target | 33.11 (+19.57%) |
Earnings Date | May 28, 2024 |
About HPQ
HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services worldwide. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktops and notebooks, workstations, commercial mobility devices, thin clients, retail point-of-sale systems, displays, software, support, and services, as well as hybrid systems, such as video conferencing solutions, cameras, ... [Read more]
Financial Performance
In 2023, HP Inc.'s revenue was $53.72 billion, a decrease of -14.61% compared to the previous year's $62.91 billion. Earnings were $3.26 billion, an increase of 4.18%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for HPQ stock is "Buy." The 12-month stock price forecast is $33.11, which is an increase of 19.57% from the latest price.
News
HP Unveils Canadian Cohort for 2024 Digital Equity Accelerator Program
News Highlights Ten nonprofit organizations in Brazil, Canada*, and Poland selected for the 2024 Digital Equity Accelerator. Organizations are serving historically disconnected groups through literacy...
HP Announces 2024 Digital Equity Accelerator Cohort
News Highlights Ten nonprofit organizations in Brazil, Canada*, and Poland selected for the 2024 Digital Equity Accelerator. Organizations are serving historically disconnected groups through literacy...
HP sued by Wex for trademark infringement over 'Wex' software
Software company Wex Inc sued HP Inc for trademark infringement in Maine federal court on Thursday, accusing it of misusing the "Wex" name to brand competing HP software.
It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.
Daniel Loeb's Third Point confirms it has been funding tiny chip maker's lawsuits against tech giants
Third Point, the New York hedge fund started by activist investor Daniel Loeb, on Tuesday confirmed its part in financing a series of patent lawsuits against some of the world's top technology compani...
These older tech companies are playing catch-up in genAI
The news hit like a thunderbolt across the artificial-intelligence landscape: Apple Inc. and Alphabet Inc.'s Google are in discussions to bring the latter's Gemini AI tools to iPhone software.
It's not just Nvidia: These companies are finally making real money from AI
Generative AI, hailed for more than a year now as tech's new frontier, is steadily scoring enterprise sales. And it isn't just Nvidia Corp. NVDA, -5.55% that is racking up stratospheric revenue and ma...
HP Introduces Breakthrough Innovation for Partners at Amplify Partner Conference
Bold new offerings and enhanced partner program unlock new growth opportunities for HP's global partner network Bold new offerings and enhanced partner program unlock new growth opportunities for HP's...
HP Introduces New Services and Software that Turbocharge Productivity and Accelerate a Circular Future
News Highlights: Introduces WEX™, HP's first AI-enabled digital experience platform Announces new programs to extend the life of devices and to accelerate a circular economy Unveils new Managed Servic...
HP Harnesses Enterprise Color Quality Printing to Power Small Businesses
News Highlights: New Color LaserJet Pro 3000 series brings HP's premium color printing to the SMB audience. Sustainable TerraJet toner technology extended to 3000 series with vivid color and fast prin...
HP Unveils Industry's Largest Portfolio of AI PCs
News Highlights HP introduces the industry's largest portfolio of AI PCs 1 , featuring new HP Elite PCs, the world's most advanced business laptops for collaboration,2 and Z by HP mobile workstations ...
HP Unveils Program Enhancements for Partners including New AI MasterClass Training & Certification
Channel partners gain access to industry's first role-based AI training and certification program, plus growth opportunity in AI Data Science Channel partners gain access to industry's first role-base...
Future of Work Powered by AI Takes Center Stage at HP Amplify Partner Conference
Industry leaders convene for discussion on partner growth strategies and opportunities in 2024 and beyond Industry leaders convene for discussion on partner growth strategies and opportunities in 2024...
Final Trade: HPQ, RSG, GM, CRSP
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Cramer's Stop Trading: HP
CNBC's Jim Cramer explains why he is keeping an eye on shares of HP Inc.
HP meets estimates and sees PC market stabilizing in 2024, but stock still falls
HP Inc.'s stock fell 3.5% in extended trading Wednesday after the computing giant reported results that aligned with Wall Street's estimates.
HP CEO on Q1 revenue decline: We expect the PC market to grow, demand has slowed down
HP Inc. (HPQ) reported first-quarter adjusted earnings per share of $0.81, which was in line with estimates. Revenue, however, fell short, $13.2 billion compared to an estimate of $13.58 billion.
HP misses first-quarter revenue estimates on sluggish demand in PC market
HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers ...
HP Inc. Reports Fiscal 2024 First Quarter Results
PALO ALTO, Calif, Feb. 28, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) First quarter GAAP diluted net earnings per share ("EPS") of $0.62, within the previously provided outlook of $0.60 to $0.70 per shar...
Buy Dell and HP Stock Ahead of Earnings. Why an Analyst Is Bullish on Both.
Evercore ISI analyst Amit Daryanani added both HP and Dell stock to his firm's “tactical outperform” list in anticipation of upbeat earnings news from both PC makers.
Berkshire Sells Apple, Paramount, HP Stock, Buys More Chevron
Berkshire sold 10 million shares of Apple and now holds 905 million shares, or nearly half of the company's equity portfolio.
Buy HP Stock to Play a PC Recovery, Analyst Says
HSBC Global Research's Stephen Bersey upgraded HP stock to Buy from Hold, and raised the price target to $33 from $30. The market for PCs has bottomed, the analyst says.
AKAM, KHC Slide After Earnings, MGM Drops, & HPQ Upgraded
MGM Resorts (MGM) drops despite a rebound in China revenues. Jeff Pierce discusses this, along with how Akamai Technologies (AKAM) shares fall after revenue misses.
HP Inc. to Announce First Quarter Fiscal 2024 Earnings on February 28, 2024
PALO ALTO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) will present a live audio webcast of a conference call to review financial results for the first fiscal quarter ended January 3...