HP (NYSE:HPQ) Releases Q3 2026 Earnings Guidance

HP (NYSE:HPQ) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.610-0.710 for the period, compared to the consensus estimate of 0.630. The company issued revenue guidance of -. HP also updated its FY 2026 guidance to 2.900-3.100 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HPQ. Evercore set a $22.00 price target on HP in a research report on Thursday, February 19th. Citigroup dropped their price target on HP from $22.00 to $20.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Morgan Stanley increased their price target on HP from $16.00 to $17.00 and gave the stock an “underweight” rating in a research report on Thursday, May 21st. Wells Fargo & Company dropped their price target on HP from $25.00 to $18.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 25th. Finally, The Goldman Sachs Group dropped their price objective on HP from $21.00 to $16.00 and set a “sell” rating on the stock in a research report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $21.67.

HP Stock Performance

HPQ stock traded up $1.12 during trading on Wednesday, reaching $25.55. 34,795,778 shares of the company traded hands, compared to its average volume of 19,157,703. HP has a 12 month low of $17.56 and a 12 month high of $29.55. The business has a 50 day simple moving average of $20.15 and a 200 day simple moving average of $21.12. The company has a market capitalization of $23.37 billion, a price-to-earnings ratio of 9.68, a price-to-earnings-growth ratio of 6.97 and a beta of 1.09.

HP (NYSE:HPQ) last issued its quarterly earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.14. The business had revenue of $14.41 billion during the quarter, compared to the consensus estimate of $13.99 billion. HP had a negative return on equity of 367.41% and a net margin of 4.46%.HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. As a group, research analysts forecast that HP will post 2.85 EPS for the current year.

HP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, June 10th. HP’s dividend payout ratio (DPR) is currently 45.45%.

HP News Summary

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP reported fiscal Q2 revenue of $14.4 billion, up 9% year over year, and non-GAAP EPS of $0.86, up 21%, both ahead of expectations. HP Inc. Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Management said demand was helped by AI-optimized PCs and the Windows 11 upgrade cycle, suggesting healthier near-term PC market trends. HP beats revenue, profit estimates as AI PC and Windows 11 refresh boost demand
• Positive Sentiment: HP beat consensus estimates, reporting $0.86 EPS versus $0.72 expected and revenue of $14.41 billion versus $13.99 billion expected. HP earnings and stock page

Institutional Investors Weigh In On HP

Institutional investors have recently added to or reduced their stakes in the business. Rare Wolf Capital LLC acquired a new stake in HP in the fourth quarter worth about $205,000. EFG International AG acquired a new stake in HP in the fourth quarter worth about $186,000. Geneos Wealth Management Inc. boosted its holdings in HP by 28.1% in the second quarter. Geneos Wealth Management Inc. now owns 6,493 shares of the computer maker’s stock worth $159,000 after acquiring an additional 1,426 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of HP by 25.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 4,746 shares of the computer maker’s stock worth $106,000 after purchasing an additional 966 shares during the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of HP during the third quarter worth about $104,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

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.