HP (NYSE:HPQ) Updates Q1 2026 Earnings Guidance

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

HP Stock Down 0.5%

Shares of HP stock traded down $0.12 on Tuesday, hitting $24.26. The stock had a trading volume of 22,217,934 shares, compared to its average volume of 9,263,132. The stock has a market cap of $22.68 billion, a price-to-earnings ratio of 8.85, a price-to-earnings-growth ratio of 2.23 and a beta of 1.28. HP has a twelve month low of $21.21 and a twelve month high of $39.62. The business’s 50 day moving average is $26.58 and its two-hundred day moving average is $26.41.

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 $0.92 by $0.01. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The business had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. As a group, equities analysts predict that HP will post 3.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HPQ. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Bank of America reduced 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. Zacks Research upgraded HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. Citigroup lowered their price target on shares of HP from $29.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. Finally, Morgan Stanley set a $21.00 price objective on shares of HP in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $27.67.

Insider Transactions at HP

In other HP news, CEO Enrique Lores sold 34,282 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $26.85, for a total value of $920,471.70. Following the transaction, the chief executive officer directly owned 3 shares of the company’s stock, valued at approximately $80.55. The trade was a 99.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Anneliese Olson sold 18,154 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total value of $506,133.52. Following the transaction, the insider owned 169 shares in the company, valued at $4,711.72. The trade was a 99.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.38% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp grew its holdings in HP by 5.3% in the third quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock worth $1,450,245,000 after purchasing an additional 2,651,623 shares during the period. AQR Capital Management LLC boosted its position in shares of HP by 143.4% during the 3rd quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after purchasing an additional 5,325,260 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of HP by 186.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock valued at $228,153,000 after buying an additional 5,449,691 shares during the period. Ameriprise Financial Inc. grew its stake in shares of HP by 9.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,555,375 shares of the computer maker’s stock valued at $62,672,000 after buying an additional 222,961 shares during the period. Finally, California Public Employees Retirement System increased its position in HP by 50.3% in the 3rd quarter. California Public Employees Retirement System now owns 2,491,204 shares of the computer maker’s stock valued at $67,835,000 after buying an additional 833,613 shares in the last quarter. 77.53% of the stock is owned by institutional investors.

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.