HP Inc. (HPQ)

NYSE: HPQ · IEX Real-Time Price · USD
30.24
+0.12 (0.40%)
Mar 28, 2024, 1:28 PM EDT - Market open
0.40%
Market Cap 29.49B
Revenue (ttm) 53.11B
Net Income (ttm) 3.43B
Shares Out 978.48M
EPS (ttm) 3.42
PE Ratio 8.86
Forward PE 8.78
Dividend $1.10 (3.65%)
Ex-Dividend Date Mar 12, 2024
Volume 2,100,742
Open 30.12
Previous Close 30.12
Day's Range 30.03 - 30.36
52-Week Range 25.22 - 33.90
Beta 1.06
Analysts Buy
Price Target 33.11 (+9.56%)
Earnings Date Feb 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]

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 10 analysts, the average rating for HPQ stock is "Buy." The 12-month stock price forecast is $33.11, which is an increase of 9.56% from the latest price.

Price Target
$33.11
(9.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

6 hours ago - Market Watch

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...

Other symbols: AMZNDELLINTC
9 days ago - Market Watch

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.

9 days ago - Market Watch

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...

19 days ago - Market Watch

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...

20 days ago - GlobeNewsWire

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...

20 days ago - GlobeNewsWire

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...

20 days ago - GlobeNewsWire

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 ...

21 days ago - GlobeNewsWire

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...

21 days ago - GlobeNewsWire

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...

24 days ago - GlobeNewsWire

Final Trade: HPQ, RSG, GM, CRSP

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: GMCRSPRSG
26 days ago - CNBC Television

Cramer's Stop Trading: HP

CNBC's Jim Cramer explains why he is keeping an eye on shares of HP Inc.

4 weeks ago - CNBC Television

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.

4 weeks ago - Market Watch

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.

4 weeks ago - Yahoo Finance

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 ...

4 weeks ago - Reuters

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...

4 weeks ago - GlobeNewsWire

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.

Other symbols: DELL
4 weeks ago - Barrons

3 Stocks Warren Buffett Is Buying (and 7 He's Selling)

Warren Buffett upped Berkshire Hathaway's holdings in the oil patch and trimmed its Apple stake, among other moves in Q4.

Other symbols: AAPLCVXDHIGLMKLOXYPARA
5 weeks ago - Kiplinger

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.

Other symbols: AAPLCVXPARAPARAA
6 weeks ago - Barrons

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.

6 weeks ago - Barrons

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.

Other symbols: AKAMKHCMGM
6 weeks ago - Schwab Network

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...

7 weeks ago - GlobeNewsWire

HP Inc. Sets Annual Meeting and Record Dates

PALO ALTO, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- The HP Inc. (NYSE: HPQ) board of directors has established a record date for its 2024 annual meeting of stockholders. HP Inc.'s stockholders of rec...

7 weeks ago - GlobeNewsWire

HP Inc. Declares Dividend

PALO ALTO, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) has declared a cash dividend of $0.2756 per share on the company's common stock.

2 months ago - GlobeNewsWire

HP CEO: How AI computers will change the entire PC industry

The advent of AI-powered PCs has the focus of many on Wall Street as the AI race enters its second lap in 2024. "Our projection is that the penetration of the AI PCs will be between 40 and 60% three y...

2 months ago - Yahoo Finance