HP Inc

HP Inc

HPQ

Get informed when a big investor buys or sells

+ Follow
Market Cap$24.73B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
HP IncHP Inc9.84.36%-1773%0.4-67.1

Earnings Call Q2 2026

May 27, 2026 - AI Summary

Q2 headline results beat guidance (good + surprising): - Revenue +9% YoY (+6% constant currency), the 8th consecutive quarter of top-line growth. - EPS: $0.86, up 20% YoY, above guidance—driven by disciplined execution and mitigation actions against commodity/memory cost pressure. - Operating margin 7.5% (+20 bps YoY); gross margin 20.9% aided by pricing and mix. - Personal Systems led: revenue +13% YoY, including AIPC mix rising from >35% to 44% of shipment mix; commercial and consumer both grew.
Capital return + cash flow (good): - Cash from operations >$900M and free cash flow ~ $800M in the quarter. - Returned nearly $400M to shareholders via dividends + share repurchase. - Company reiterates intention to return ~100% of free cash flow over time *as long as* gross leverage stays <2x and there are no better uses of capital.
FY26 outlook strengthened, but margins will face headwinds (mixed, with important forecasts): - Updated full-year EPS guidance: $2.90–$3.10 (improving confidence vs prior quarter). - Q3 EPS: $0.61–$0.71. - Annual free cash flow forecast: $2.8B–$3.0B (solid). - Opex control: OpEx expected to be $500M and corporate other expense slightly under $1B for FY26. - Key risk to margins: memory/storage input costs are expected to continue rising in H2, with PS margins expected to be below the long-term range for the rest of the year; Q4 expected as a “trough/low point” with sequential improvement into FY27.

Exclusive for Stockcircle Pro members

Sign upSign Up
$19.50

Target Price by Analysts

25.1% downsideHP Target Price DetailsTarget Price
$35.39

Current Fair Value

35.9% upside

Undervalued by 35.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$24.73 Billion
Enterprise Value$30.69 Billion
Dividend Yield$1.18 (4.36%)
Earnings per Share$2.67
Beta1.11
Outstanding Shares922,000,000

Return

Return on Equity-1772.92%ROE
Return on Assets5.95%
Return on Invested Capital23.76%

Valuation & Multiples

P/E Ratio9.77P/E Ratio
PEG90.11PEG
Price to Sales0.42Price to Sales
Price to Book Ratio-26.04Price to Book Ratio
Enterprise Value to Revenue0.53
Enterprise Value to EBIT10.15
Enterprise Value to Net Income12
Total Debt to Enterprise0.31
Debt to Equity-67.13Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
June 3, 2026
EPS Estimate
$0.71
Average shareholder expectation
Revenue Estimate
$13.99 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 26, 2026
EPS Estimate
$0.66
Average shareholder expectation
Revenue Estimate
$14.34 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.0309 43.43%
Total Calls9,768,577 16.32%
Total Puts10,070,833 18.16%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %89.53% 4.00%
Total Invested$15.95B 10.93%
Investors Holding1,060 66.00%

ESG Score

No data

About HP Inc

53,000 employees
CEO: Margaret Whitman

HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze.

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the technical analysis and 'scoring' for all tax legislation. Its work directly informs and shapes corporate tax structures and policy, which are highly relevant to HP's financial planning and operational costs.

Finance

This committee controls taxation and trade policy. Changes in corporate tax rates, deductions, or international trade tariffs (e.g., on imported components or finished goods) directly and significantly impact HP's profitability and supply chain costs.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine the precise funding for government agencies, directly influencing their procurement budgets for HP's products and services.

Judiciary

This committee oversees antitrust laws and intellectual property (patents, copyrights, trademarks). These areas are critical for HP regarding competition, mergers and acquisitions, and protecting its extensive R&D and product designs.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, the FTC, and tech policy (e.g., privacy, consumer protection, competition). These regulations directly affect HP's product development, sales, and market practices.

Homeland Security and Governmental Affairs

HP is a significant vendor of personal systems and printing solutions to federal agencies. This committee's oversight of government procurement and efficiency directly impacts HP's federal contracting opportunities and revenue streams.