HP (NYSE:HPQ) Releases FY 2026 Earnings Guidance

HP (NYSE:HPQ) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.900-3.100 for the period, compared to the consensus estimate of 2.880. The company issued revenue guidance of -. HP also updated its Q3 2026 guidance to 0.610-0.710 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HPQ. Bank of America reissued an “underperform” rating and set a $20.00 price objective (down from $26.00) on shares of HP in a research report on Tuesday, February 3rd. UBS Group lowered their price objective on HP from $26.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. Evercore set a $22.00 price objective on HP in a research report on Thursday, February 19th. Barclays lowered their price objective on HP from $18.00 to $16.00 and set an “underweight” rating for the company in a research report on Wednesday, February 25th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of HP in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, HP currently has an average rating of “Reduce” and an average target price of $21.67.

HP Stock Performance

Shares of HPQ traded up $1.12 during trading hours on Wednesday, hitting $25.55. The company had a trading volume of 34,795,778 shares, compared to its average volume of 19,157,703. The firm has a fifty day moving average price of $20.15 and a 200-day moving average price of $21.12. The stock has a market capitalization of $23.37 billion, a price-to-earnings ratio of 9.68, a P/E/G ratio of 6.97 and a beta of 1.09. HP has a 52-week low of $17.56 and a 52-week high of $29.55.

HP (NYSE:HPQ) last posted its quarterly earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.14. The firm had revenue of $14.41 billion during the quarter, compared to analyst estimates 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. Research analysts anticipate that HP will post 2.85 earnings per share for the current fiscal year.

HP Dividend Announcement

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

More HP News

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

Hedge Funds Weigh In On HP

Hedge funds have recently bought and sold shares of the business. DV Equities LLC purchased a new position in HP in the 4th quarter worth about $29,000. Wilkerson Advisory Group LLC purchased a new position in HP in the 4th quarter worth about $41,000. JPL Wealth Management LLC purchased a new position in HP in the 3rd quarter worth about $43,000. Platinum Investment Management Ltd. purchased a new position in HP in the 4th quarter worth about $59,000. Finally, Summit Securities Group LLC raised its position in HP by 78.4% in the 4th quarter. Summit Securities Group LLC now owns 2,887 shares of the computer maker’s stock worth $64,000 after buying an additional 1,269 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.