HP (NYSE:HPQ) Issues Q1 2026 Earnings Guidance

HP (NYSE:HPQ) updated its first quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.730-0.810 for the period, compared to the consensus earnings per share estimate of 0.770. The company issued revenue guidance of -. HP also updated its FY 2026 guidance to 2.900-3.200 EPS.

HP Price Performance

Shares of HPQ traded down $0.68 during midday trading on Thursday, hitting $19.14. The stock had a trading volume of 2,790,117 shares, compared to its average volume of 18,721,621. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 7.23, a price-to-earnings-growth ratio of 3.47 and a beta of 1.21. The company has a 50 day simple moving average of $22.31 and a two-hundred day simple moving average of $25.13. HP has a twelve month low of $18.32 and a twelve month high of $35.28.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The company had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. During the same period in the prior year, the firm earned $0.93 earnings per share. HP’s revenue for the quarter was up 4.2% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Analysts forecast that HP will post 3.56 EPS for the current fiscal year.

HP Announces Dividend

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

Analyst Ratings Changes

HPQ has been the subject of several recent research reports. Sanford C. Bernstein restated a “market perform” rating on shares of HP in a report on Monday, December 1st. Barclays restated an “underweight” rating and set a $18.00 price objective (down from $24.00) on shares of HP in a research note on Friday, January 16th. Zacks Research cut HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. JPMorgan Chase & Co. dropped their target price on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Finally, Argus upgraded HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $24.31.

Insider Buying and Selling

In other HP news, CEO Enrique Lores sold 41,922 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the sale, 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Ketan M. Patel sold 33,321 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the sale, the insider directly owned 34,572 shares of the company’s stock, valued at approximately $801,724.68. The trade was a 49.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 91,969 shares of company stock worth $2,277,993. Company insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On HP

Several large investors have recently modified their holdings of the stock. JPL Wealth Management LLC acquired a new stake in shares of HP in the third quarter valued at approximately $43,000. MUFG Securities EMEA plc acquired a new stake in HP during the second quarter worth approximately $68,000. Turning Point Benefit Group Inc. bought a new position in HP during the 3rd quarter worth $104,000. Geneos Wealth Management Inc. raised its holdings in HP by 28.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 6,493 shares of the computer maker’s stock valued at $159,000 after acquiring an additional 1,426 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of HP by 17.0% during the 3rd quarter. Larson Financial Group LLC now owns 7,771 shares of the computer maker’s stock worth $212,000 after purchasing an additional 1,127 shares in the last quarter. 77.53% of the stock is owned by institutional investors.

HP Company Profile

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.