HP Inc. Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for HP Inc. stock have an average target of 36.45, with a low estimate of 30 and a high estimate of 41. The average target predicts an increase of 10.66% from the current stock price of 32.94.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$30	$36.45	$37	$41
Change	-8.93%	+10.66%	+12.33%	+24.47%

Analyst Ratings

The average analyst rating for HP Inc. stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	4	4	3	2	0	0
Buy	3	2	2	2	2	1
Hold	4	5	6	7	8	8
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Bersey HSBC	HSBC	Strong Buy → Hold Downgrades $39 → $38	Strong Buy → Hold	Downgrades	$39 → $38	+15.36%	Nov 29, 2024
Krish Sankar TD Cowen	TD Cowen	Hold Maintains $32 → $39	Hold	Maintains	$32 → $39	+18.40%	Nov 27, 2024
Asiya Merchant Citigroup	Citigroup	Hold Maintains $37 → $37	Hold	Maintains	$37 → $37	+10.81%	Nov 27, 2024
Tim Long Barclays	Barclays	Hold Maintains $32 → $35	Hold	Maintains	$32 → $35	+6.25%	Nov 27, 2024
Samik Chatterjee JP Morgan	JP Morgan	Buy Maintains $42 → $41	Buy	Maintains	$42 → $41	+24.47%	Nov 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

55.45B

from 53.56B

3.54%

from 53.56B

Revenue Next Year

57.07B

from 55.45B

2.91%

from 55.45B

EPS This Year

3.61

from 2.81

28.57%

from 2.81

EPS Next Year

3.78

from 3.61

4.54%

from 3.61

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	56.64B	63.46B	62.91B	53.72B	53.56B	55.45B	57.07B	57.48B
Revenue Growth	-3.60%	12.04%	-0.87%	-14.61%	-0.30%	3.54%	2.91%	0.72%
EPS	2.00	5.36	2.98	3.26	2.81	3.61	3.78	4.07
EPS Growth	-3.38%	168.00%	-44.40%	9.40%	-13.80%	28.57%	4.54%	7.75%
Forward PE	-	-	-	-	-	9.12	8.72	8.09
No. Analysts	-	-	-	-	-	19	16	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	57.9B	60.4B	60.9B
Avg	55.5B	57.1B	57.5B
Low	53.4B	54.5B	55.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.1%	9.0%	6.8%
Avg	3.5%	2.9%	0.7%
Low	-0.3%	-1.7%	-3.3%

EPS Forecast

EPS	2025	2026	2027
High	3.96	4.14	4.40
Avg	3.61	3.78	4.07
Low	3.34	3.19	3.65

EPS Growth

EPS Growth	2025	2026	2027
High	40.9%	14.7%	16.6%
Avg	28.6%	4.5%	7.7%
Low	18.9%	-11.6%	-3.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.