HP Inc.

HP Inc.

HP Inc. (HPQ) is a global technology company best known for its personal computers and printers. It sells laptops, desktops and workstations for consumers and businesses, alongside a broad range of printing hardware, supplies (ink and toner), managed print services and software. Recurring revenue from consumables and service contracts helps smooth the hardware cycle, while scale and distribution aid profitability. Key drivers include corporate refresh cycles, consumer demand for PCs, pricing in the printer consumables market and product innovation (including advances in 3D printing and subscription offerings). With a market capitalisation of about $26.32bn, HP operates in competitive markets dominated by several large rivals, and its results can be sensitive to supply-chain disruption, component costs and shifts in demand. This summary is for educational purposes only and not personalised investment advice; values can rise or fall and past performance is no guarantee of future returns.

Why It's Moving

HP Inc.

HP's AI PC Momentum Clashes With Conservative Outlook as Memory Costs Weigh on 2026 Guidance

HP delivered a strong fiscal Q1 earnings beat with adjusted EPS of $0.81 versus expectations of $0.76, driven by robust AI PC sales momentum in its Personal Systems segment. However, the company's cautious fiscal 2026 guidance and below-consensus Q2 forecast signal growing headwinds from escalating memory chip costs that could pressure profitability throughout the year.
Sentiment:
🌋Volatile
  • HP's Personal Systems segment fueled the earnings beat with continued strength in AI PCs under interim CEO Bruce Broussard, while the printing division declined 2% amid broader market softness
  • The company reaffirmed its full-year fiscal 2026 EPS guidance of $2.90 to $3.00 but guided Q2 to the low end of estimates, with management citing rising memory costs and signaling results will likely land toward the bottom of the annual range
  • HP is simultaneously executing a company-wide AI adoption initiative involving 4,000 to 6,000 employee layoffs, a cost-cutting measure aimed at offsetting margin pressure from commodity chip inflation

When is the next earnings date for HP Inc. (HPQ)?

HP Inc (HPQ) is estimated to announce its Q2 2026 earnings on May 27, 2026, though the company has not officially confirmed this date. The estimate is based on the company's historical earnings release pattern. This report will cover the second quarter of fiscal 2026 and is expected to include earnings per share of $0.71 and quarterly revenue of approximately $14.07 billion according to analyst consensus.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding HP Inc.'s stock with a target price of $25.26, indicating modest growth potential.

Above Average

Financial Health

HP Inc. has strong revenue and cash flow, suggesting solid financial performance and operational efficiency.

Above Average

Dividend

HP Inc.'s dividend yield of 5.47% is appealing for investors seeking regular income. If you invested $1000 you would be paid $57.80 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring HPQ

Powering The PC Resurgence

Powering The PC Resurgence

Lenovo's recent announcement of a 108% profit increase highlights a resilient and growing PC market. This theme invests in the key hardware and semiconductor suppliers poised to benefit from sustained demand for personal computers and AI infrastructure.

Published: August 14, 2025

Explore Basket
Planned Obsolescence

Planned Obsolescence

These companies have mastered the art of creating products designed for replacement. Our analysts have carefully selected businesses that benefit from predictable upgrade cycles, generating reliable revenue streams as consumers continually refresh their purchases.

Published: June 17, 2025

Explore Basket
Razor & Blade Cartel

Razor & Blade Cartel

This carefully selected group of stocks represents companies that have mastered the art of customer lock-in. These businesses offer attractive initial products to secure customers, then generate predictable, high-margin revenue from necessary add-ons and consumables. Each company has been chosen by expert analysts for their successful execution of this powerful business strategy.

Published: June 17, 2025

Explore Basket
The Turnaround Artists

The Turnaround Artists

These companies are led by elite CEOs with impressive track records of rescuing struggling businesses. Our analysts have carefully selected these stocks based on leadership that has the potential to engineer dramatic corporate revivals and create significant investor value.

Published: June 17, 2025

Explore Basket

Why You’ll Want to Watch This Stock

📈

Recurring consumables demand

Printers generate steady aftermarket sales from ink and toner, giving HP recurring income, though volumes and pricing can be affected by digital substitution and competition.

Services and subscriptions

Managed print services and subscription models aim to stabilise revenue and deepen customer relationships, but success depends on execution and market acceptance.

🌍

Cyclical markets and rivals

Global PC and printer markets are cyclical and competitive; sales often follow corporate refresh cycles and broader consumer spending patterns, so performance can vary.

Compare HP with other stocks

CienaHP

Ciena vs HP

Ciena vs HP: A stock comparison

ZoomHP

Zoom vs HP

Zoom vs HP: a concise comparison

HubSpotHP

HubSpot vs HP

HubSpot vs HP: stock comparison

Why invest with Nemo?

Nemo Logo Fade
🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

AAPL

Apple, Inc.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.

DELL

Dell Technologies Inc

Designs, develops, manufactures, sells, and supports a wide range of computer products and services.

HPE

Hewlett Packard Enterprise Co.

Hewlett Packard Enterprise Co. is an IT company

Frequently asked questions