HP (NYSE:HPQ) Updates FY 2026 Earnings Guidance

HP (NYSE:HPQ) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.900-3.200 for the period, compared to the consensus earnings per share estimate of 3.240. The company issued revenue guidance of -. HP also updated its Q1 2026 guidance to 0.730-0.810 EPS.

HP Stock Down 1.5%

Shares of NYSE HPQ opened at $23.97 on Thursday. The firm has a market cap of $22.40 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 2.23 and a beta of 1.28. The company’s 50-day simple moving average is $26.43 and its 200-day simple moving average is $26.38. HP has a 52-week low of $21.21 and a 52-week high of $37.50.

HP (NYSE:HPQ) last released its quarterly earnings results 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 net margin of 4.83% and a negative return on equity of 262.03%. The firm had revenue of $14.64 billion during the quarter, compared to the consensus estimate of $14.50 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. Equities research analysts anticipate that HP will post 3.56 EPS for the current fiscal year.

HP Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.0%. This is a boost from HP’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, December 11th. HP’s dividend payout ratio (DPR) is 43.40%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HPQ. Barclays dropped their price target on HP from $27.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday. Citigroup dropped their target price on shares of HP from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday. The Goldman Sachs Group reduced their target price on shares of HP from $28.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday. Bank of America lowered their price target on shares of HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, Zacks Research raised shares of HP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $25.69.

Insider Transactions at HP

In related news, CEO Enrique Lores sold 34,282 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $26.85, for a total value of $920,471.70. Following the completion of the sale, the chief executive officer owned 3 shares of the company’s stock, valued at approximately $80.55. This represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the transaction, the insider directly owned 169 shares in the company, valued at $4,711.72. This trade represents a 99.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.38% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HPQ. Baird Financial Group Inc. raised its position in HP by 13.1% in the second quarter. Baird Financial Group Inc. now owns 114,169 shares of the computer maker’s stock valued at $2,793,000 after purchasing an additional 13,265 shares during the period. Gamco Investors INC. ET AL increased its position in shares of HP by 2.7% during the 2nd quarter. Gamco Investors INC. ET AL now owns 21,230 shares of the computer maker’s stock worth $519,000 after purchasing an additional 551 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in HP by 6.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 145,337 shares of the computer maker’s stock valued at $3,555,000 after buying an additional 8,779 shares during the period. Treasurer of the State of North Carolina raised its holdings in HP by 70.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 731,574 shares of the computer maker’s stock valued at $17,894,000 after buying an additional 302,578 shares during the period. Finally, HUB Investment Partners LLC acquired a new position in HP in the second quarter valued at about $233,000. 77.53% of the stock is currently owned by institutional investors and hedge funds.

HP Company Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.