HP (NYSE:HPQ) Hits New 52-Week Low – Here’s What Happened

HP Inc. (NYSE:HPQ)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $18.62 and last traded at $18.47, with a volume of 3732763 shares changing hands. The stock had previously closed at $19.81.

More HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: Macro/sector tailwind — analysts and commentators say an AI-driven hardware refresh (edge inference, storage demand) could boost demand for HP’s PCs and private servers; combined with HP’s cost-cutting plan and a raised dividend, this is cited as a value/support argument for HP. The AI in a Box Trade: Hardware Is the Next Boom
• Positive Sentiment: Product/security tie-up — HP signed a multi-year licensing agreement with Karamba Security to harden printers against cyber threats, which can reduce customer risk and support upsell/recurring revenue in HP’s printing business. HP and Karamba Security Sign Multi-Year Licensing Agreement to Protect HP’s Printers
• Positive Sentiment: Partner momentum — HP recognized UDT as a 2025 Partner of the Year, signaling healthy partner ecosystem execution that can help commercial sales and channel distribution. UDT Awarded HP Partner of the Year for 2025
• Neutral Sentiment: Interim leadership — HP appointed Bruce Broussard as interim CEO after Enrique Lores’ departure; an interim leader may stabilize operations short-term but leaves strategic clarity and succession timing uncertain. HP Appoints Bruce Broussard as Interim CEO
• Neutral Sentiment: Analyst views mixed — coverage shows divergent opinions (some see deep value and yield, others worry about execution/risk), so analyst commentary is adding volatility rather than a clear directional signal. Analysts’ Opinions Are Mixed on These Technology Stocks: Western Digital (WDC) and HP (HPQ)
• Negative Sentiment: Sell-side downgrade — Bank of America (and coverage notes of other downgrades) cut HP to an “Underperform,” directly pressuring the stock and reducing investor confidence. HP (NYSE:HPQ) Earns “Underperform” Rating from Bank of America
• Negative Sentiment: Leadership shock & investor concern — multiple stories flag the sudden CEO exit and leadership shake-up; that uncertainty has already contributed to downward moves as investors price execution risk and potential strategic change. Does HP’s Sudden CEO Change and Reaffirmed Outlook Reshape the Bull Case For HP (HPQ)?
• Negative Sentiment: Supply-chain/cost risk — reports say HP is considering sourcing Chinese memory chips amid a global memory supply crunch; higher component costs and geopolitical/sourcing risks could squeeze margins or disrupt product launches. HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HPQ. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research note on Thursday, January 22nd. The Goldman Sachs Group downgraded HP from a “neutral” rating to a “sell” rating and set a $21.00 price objective on the stock. in a research report on Tuesday, January 13th. TD Cowen dropped their price objective on shares of HP from $28.00 to $26.00 and set a “hold” rating for the company in a report on Wednesday, November 26th. Wall Street Zen cut HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. Finally, Morgan Stanley decreased their price objective on HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, HP has a consensus rating of “Reduce” and an average price target of $24.31.

HP Price Performance

The stock has a market cap of $17.57 billion, a PE ratio of 7.24, a price-to-earnings-growth ratio of 3.47 and a beta of 1.21. The business has a fifty day moving average of $22.31 and a 200-day moving average of $25.13.

HP (NYSE:HPQ) last issued its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The business had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. During the same period in the previous year, the company posted $0.93 EPS. HP’s revenue was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, equities research analysts predict that HP Inc. will post 3.56 EPS for the current year.

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a yield of 6.3%. HP’s dividend payout ratio (DPR) is 45.28%.

Insider Transactions at HP

In other HP news, insider Ketan M. Patel sold 33,321 shares of the company’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $23.19, for a total transaction of $772,713.99. Following the completion of the sale, the insider owned 34,572 shares in the company, valued at $801,724.68. This represents a 49.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Enrique Lores sold 41,922 shares of HP stock in a transaction on Friday, December 5th. The shares were sold at an average price of $26.00, for a total value of $1,089,972.00. Following the completion of the transaction, the chief executive officer owned 141,456 shares in the company, valued at $3,677,856. This represents a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 91,969 shares of company stock valued at $2,277,993. Company insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On HP

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AlphaCore Capital LLC lifted its position in shares of HP by 69.7% during the fourth quarter. AlphaCore Capital LLC now owns 6,188 shares of the computer maker’s stock valued at $140,000 after buying an additional 2,541 shares during the last quarter. DNB Asset Management AS raised its stake in shares of HP by 242.2% during the 4th quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock worth $236,048,000 after acquiring an additional 7,498,202 shares in the last quarter. Donoghue Forlines LLC lifted its position in HP by 11.2% during the fourth quarter. Donoghue Forlines LLC now owns 58,302 shares of the computer maker’s stock valued at $1,299,000 after acquiring an additional 5,856 shares during the last quarter. AustralianSuper Pty Ltd lifted its position in HP by 20.1% during the fourth quarter. AustralianSuper Pty Ltd now owns 4,243,212 shares of the computer maker’s stock valued at $94,539,000 after acquiring an additional 708,957 shares during the last quarter. Finally, Conning Inc. grew its holdings in HP by 15.7% in the fourth quarter. Conning Inc. now owns 1,299,416 shares of the computer maker’s stock worth $28,951,000 after purchasing an additional 176,166 shares during the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

About HP

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.