HP Inc. (HPQ)

NYSE: HPQ · IEX Real-Time Price · USD
37.15
-0.23 (-0.62%)
At close: Jul 19, 2024, 4:00 PM
37.01
-0.14 (-0.38%)
After-hours: Jul 19, 2024, 7:41 PM EDT
-0.62%
Market Cap 36.35B
Revenue (ttm) 53.00B
Net Income (ttm) 2.97B
Shares Out 978.56M
EPS (ttm) 2.96
PE Ratio 12.55
Forward PE 10.45
Dividend $1.10 (2.97%)
Ex-Dividend Date Sep 11, 2024
Volume 3,576,813
Open 37.41
Previous Close 37.38
Day's Range 36.88 - 37.44
52-Week Range 25.22 - 39.52
Beta 1.11
Analysts Buy
Price Target 34.64 (-6.76%)
Earnings Date Aug 27, 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]

Sector Technology
Founded 1939
Employees 58,000
Stock Exchange NYSE
Ticker Symbol HPQ
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for HPQ stock is "Buy." The 12-month stock price forecast is $34.64, which is a decrease of -6.76% from the latest price.

Price Target
$34.64
(-6.76% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Top 3 Tech Stocks You May Want To Dump This Quarter

As of July 18, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: IBMJNPR
2 days ago - Benzinga

Wall Street's Most Accurate Analysts Weigh In On 3 Tech Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: IBMMEI
18 days ago - Benzinga

Global Tractors Market Share Analysis, Industry Trends & Growth Forecasts to 2029: Below 40 HP Tractors Segment's Growth Expected to be Bolstered over the Next Five years

Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Tractors - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029" report has been added to ResearchAndMarkets.com's offering.

18 days ago - GlobeNewsWire

EU regulators to decide on $14 bln HP-Juniper deal by Aug. 1

EU antitrust regulators will decide by Aug. 1 whether to clear Hewlett Packard Enterprise's $14 billion acquisition of networking gear maker Juniper Networks , a filing on the European Commission webs...

Other symbols: JNPR
22 days ago - Reuters

HP names Karen Parkhill its new chief of finance

HP Inc (NYSE: HP) is in focus this morning after naming Karen Parkhill its new chief of finance.  Shares of the tech giant are currently up more than 30% versus their year-to-date low in mid-April.

24 days ago - Invezz

HP Inc. Appoints Karen Parkhill as Chief Financial Officer

PALO ALTO, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced that Karen Parkhill will join the company as Chief Financial Officer on August 5, 2024. Tim Brown, who has been...

24 days ago - GlobeNewsWire

U.S. Excavator Market Trends Report 2024-2030: Analysis by Vehicle Weight (), Engine Capacity (Up to 250 HP), Type (Wheel, Crawler), Drive Type (Electric, ICE)

Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "U.S. Excavator Market Size, Share & Trends Analysis Report by Vehicle Weight (), Engine Capacity (Up to 250 HP), Type (Wheel, Crawler), Drive Type (Elect...

25 days ago - GlobeNewsWire

HP Inc. Names Fama Francisco to Board of Directors

PALO ALTO, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) announced today the appointment of Ma. Fatima (“Fama”) De Vera Francisco to its Board of Directors. Francisco is Chief Executiv...

4 weeks ago - GlobeNewsWire

HP Study: Business and government leaders believe technology is key to expanding economic opportunity

News Highlights New global survey from HP shows three-quarters of business and government leaders (76%) believe technology is key to enabling traditionally excluded populations to participate in the e...

5 weeks ago - GlobeNewsWire

HP Inc. Declares Dividend

PALO ALTO, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) has declared a cash dividend of $0.2756 per share on the company's common stock.

5 weeks ago - GlobeNewsWire

Autonomy's Mike Lynch acquitted after US fraud trial brought by HP

Former Autonomy chief executive Dr Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett-Packard which became one of Silicon Va...

6 weeks ago - TechCrunch

British tech magnate Mike Lynch acquitted of fraud charges in $11 billion HP-Autonomy deal

SAN FRANCISCO — Mike Lynch, once hailed as Britain's king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into ...

6 weeks ago - Market Watch

UK entrepreneur cleared by US jury of all charges over £8.3bn sale of Autonomy to HP

UK entrepreneur Mike Lynch has been cleared of all charges by a US jury in the high-profile fraud case related to the sale of his software company Autonomy to Hewlett-Packard (HP) in 2011.

6 weeks ago - Skynews

Humane, the startup behind the AI Pin, in talks with HP, telecoms to sell

Humane, the AI hardware startup founded by ex-Apple designers, is seeking a buyer after its AI Pin's lukewarm debut, and is currently in talks with HP and other companies, including more than one tele...

6 weeks ago - CNBC

HP Stock Outperformed Dell Amid AI-Fueled PC Recovery. Is It The Better Bet?

HP Inc. stock (NYSE: HPQ) has gained about 8% over the last week (five trading days) outperforming its peer Dell Technologies stock, which has declined about 18% over the same period. However, looking...

6 weeks ago - Forbes

Why You Should Have Defensive Stocks in Your Portfolio

What are defensive stocks? They are a worthy addition to any well-rounded portfolio.

Other symbols: CVXORI
6 weeks ago - Kiplinger

HPQ Rallies: A.I. PCs to Expand & Grow Shipments

We saw no big surprises and it was broadly in line with consensus expectations, notes Melissa Otto on HP Inc. (HPQ). She and Olivier Blanchard discuss how HP Inc. rallies to a new 52-week high after e...

7 weeks ago - Schwab Network

HP stock surges on PC recovery

Shares of HP Inc. (HPQ) are jumping after the computer company posted its fiscal second-quarter earnings, beating estimates for adjusted earnings per share with gains of $0.82 per share. Yahoo Finance...

7 weeks ago - Yahoo Finance

HP Stock Jumps on Solid Earnings, Optimism for AI-Powered PCs

Shares of HP Inc. (HPQ) surged Thursday, a day after it reported solid earnings and signaled that it could continue to be a beneficiary of the artificial intelligence (AI) boom.

7 weeks ago - Investopedia

HP Stock Pops on Earnings Beat, Strong Outlook: What To Know

HP shares are soaring Thursday after the PC maker beat earnings expectations and issued solid guidance for its fiscal third quarter.

7 weeks ago - Kiplinger

HP reduces rate of sales declines while looking ahead to AI PC boom

HP Inc. sees its business starting to stabilize and is looking ahead to more growth in the market for artificial-intelligence personal computers.

7 weeks ago - Market Watch

HP beats revenue estimate on recovering PC demand

HP Inc beat Wall Street estimates for second-quarter revenue on Wednesday, signaling a recovery in the personal computer (PC) market as customers upgrade their systems.

7 weeks ago - Reuters

HP Inc. Reports Fiscal 2024 Second Quarter Results

PALO ALTO, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) Second quarter GAAP diluted net earnings per share ("EPS") of $0.61, within the previously provided outlook of $0.58 to $0.68 per sha...

7 weeks ago - GlobeNewsWire

HP Sees an Uptick in Corporate PC Sales. AI's Big Impact Will Come Next Year, CEO Says.

Commercial sales of PCs were $6.2 billion, up 6% from the year-ago quarter.

7 weeks ago - Barrons

Stocks This Week: Buy BJ Wholesale And HP

The coming week is a post-holiday week. The S&P 500 has risen twice as often as it has declined over the last 50 years.

Other symbols: BJ
7 weeks ago - Forbes