HP Inc. (HPQ)
NYSE: HPQ · IEX Real-Time Price · USD
37.15
-0.23 (-0.62%)
At close: Jul 19, 2024, 4:00 PM
37.11
-0.04 (-0.11%)
Pre-market: Jul 22, 2024, 5:40 AM EDT
HP Inc. Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for HP Inc. stock have an average target of 34.64, with a low estimate of 30 and a high estimate of 40. The average target predicts a decrease of -6.76% from the current stock price of 37.15.
Analyst Consensus: Buy
* Price targets were last updated on May 30, 2024.
Analyst Ratings
The average analyst rating for HP Inc. stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $35 → $37 | Strong Buy | Maintains | $35 → $37 | -0.40% | May 30, 2024 |
| Barclays | Barclays | Hold Maintains $30 → $33 | Hold | Maintains | $30 → $33 | -11.17% | May 30, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $30 → $32 | Hold | Maintains | $30 → $32 | -13.86% | May 30, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $34 → $38 | Buy | Maintains | $34 → $38 | +2.29% | May 30, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $25 → $30 | Sell | Maintains | $25 → $30 | -19.25% | May 30, 2024 |
Financial Forecast
Revenue This Year
54.18B
from 53.72B
Increased by 0.85%
Revenue Next Year
56.36B
from 54.18B
Increased by 4.03%
EPS This Year
3.48
from 3.26
Increased by 6.82%
EPS Next Year
3.75
from 3.48
Increased by 7.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.7B | 59.7B | 61.4B | 58.9B | 58.9B |
| Avg | 54.2B | 56.4B | 57.6B | 56.6B | 56.7B |
| Low | 52.1B | 53.7B | 54.9B | 54.9B | 55.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.5% | 10.1% | 8.9% | 2.1% | 4.1% |
| Avg | 0.9% | 4.0% | 2.3% | -1.8% | 0.1% |
| Low | -3.1% | -0.9% | -2.6% | -4.7% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.68 | 4.11 | 4.32 | 4.18 | 4.57 |
| Avg | 3.48 | 3.75 | 3.92 | 4.02 | 4.39 |
| Low | 3.32 | 3.47 | 3.56 | 3.90 | 4.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.7% | 18.1% | 15.2% | 6.6% | 13.6% |
| Avg | 6.8% | 7.6% | 4.5% | 2.6% | 9.3% |
| Low | 1.9% | -0.4% | -5.1% | -0.5% | 6.1% |
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.