HP Inc. (HPQ)
| Market Cap | 29.82B |
| Revenue (ttm) | 53.72B |
| Net Income (ttm) | 3.26B |
| Shares Out | 990.90M |
| EPS (ttm) | 3.26 |
| PE Ratio | 9.23 |
| Forward PE | 8.77 |
| Dividend | $1.10 (3.66%) |
| Ex-Dividend Date | Dec 12, 2023 |
| Volume | 3,909,621 |
| Open | 30.17 |
| Previous Close | 30.18 |
| Day's Range | 30.02 - 30.33 |
| 52-Week Range | 25.22 - 33.90 |
| Beta | 1.07 |
| Analysts | Buy |
| Price Target | 33.00 (+9.67%) |
| Earnings Date | Feb 27, 2024 |
About HPQ
HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktops and notebooks, workstations, commercial mobility devices, thin clients, retail point-of-sale systems, displays, software, support, and services, as well as video conferencing solutions, ca... [Read more]
Financial Performance
In 2023, HP Inc.'s revenue was $53.72 billion, a decrease of -14.61% compared to the previous year's $62.91 billion. Earnings were $3.26 billion, an increase of 4.18%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for HPQ stock is "Buy." The 12-month stock price forecast is $33.0, which is an increase of 9.67% from the latest price.
News
Hewlett Packard Enterprise appoints Marie Myers as Chief Financial Officer
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that Marie Myers will join the company as executive vice president and chief financial officer on January 15, 2024, rep...
Warren Buffett's Berkshire Hathaway slashes stake in HP
Berkshire Hathaway (BRK-A, BRK-B) has slashed its stake in HP (HPQ). The move comes as demand for personal computers has declined.
Warren Buffett's Berkshire cuts stake in HP, Carl Icahn gives up FirstEnergy board seat
Warren Buffett's Berkshire Hathaway Inc. has cut its stake in HP Inc. by about half, and Carl Icahn has reduced his position in FirstEnergy Corp. and relinquished a board seat, according to regulatory...
Warren Buffett's Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday's close of $30.37.
HP Shares Reverse Course Amid AI Optimism After Reporting Sales Declined
The slowdown in demand for PCs following the pandemic-induced boom negatively impacted HP's (HPQ) latest results, but the company suggested it anticipates artificial intelligence (AI) machines could b...
HP Inc. CEO Enrique Lores goes one-on-one with Jim Cramer
HP President and CEO Enrique Lores joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the PC market, printing subscriptions, and more.
We think the PC market has started to recover, says HP CEO Enrique Lores
HP President and CEO Enrique Lores joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the PC market, printing subscriptions, and more.
HP CEO says AI capabilities will 'double the growth of the PC category'
HP Inc CEO Enrique Lores discussed how new computers with AI capabilities will help grow the PC market in an interview with CNBC's Jim Cramer.
HP's stock falls despite solid results, vow to ship AI PCs in second half of 2024
HP Inc.'s stock initially dipped more than 3% in extended trading Tuesday after the computing giant reported generally solid results and vowed to introduce its first AI-powered PCs in the second half ...
HP Inc. Reports Fiscal 2023 Full Year and Fourth Quarter Results
PALO ALTO, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) Fiscal 2023 GAAP diluted net earnings per share ("EPS") of $3.26, above the previously provided outlook of $2.95 to $3.07 per share ...
HP, Dell and Lenovo among 27 firms granted approval to manufacture tech hardware in India under incentive scheme
27 firms have been approved under a production linked incentive scheme to manufacture IT hardware in India, as the country aims to boost domestic manufacturing.
HP Reports Earnings Tuesday. One Analyst Says Buy the Stock Now.
PC and printer maker HP could report strong October-quarter earnings, according to Evercore ISI analyst Amit Daryanani.
Buffett's latest portfolio additions, trims, and cuts in Q3
Warren Buffett is widely regarded as the most well-known, famous, and successful investor of all time. As such, his investment decisions and changes to his holdings are closely monitored and highly an...
3 value stocks you shouldn't let go of this quarter
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HP and auditors dispute whether Lynch fraud behind $5bn of Autonomy writedown, filing says
Documents submited to US court in case over allegations founder duped HP into overpaying for software firm
HP stock upgraded to Buy at Citi: Here's why
Citi has upgraded shares of HP (HPQ) from "Neutral" to "Buy" on improvement in the PC market. The firm also raised it's price target to $33 from $31.
HP Inc. Declares Dividend
PALO ALTO, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) has declared a cash dividend of $0.2756 per share on the company's common stock, representing an increase of approximately 5% f...
HP Highlights Advancements in Polymers and Metals 3D Printing at Formnext 2023
HP's Formnext announcement highlights new innovations, sustainable materials, and software capabilities along with key partner and customer momentum
HP Partners with INDO-MIM to Advance Metal Additive Manufacturing
FRANKFURT, Germany, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today at Formnext, the world's leading additive manufacturing event, HP Inc. (Booth D41, Hall 12.1) announced a strategic partnership with INDO-MI...
HP Inc. to Announce Fourth Quarter Fiscal 2023 Earnings on November 21, 2023
PALO ALTO, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) will present a live audio webcast of a conference call to review financial results for the fourth fiscal quarter and fiscal yea...
Malware ‘Meal Kits' Are Helping Attackers Steal Businesses' Lunch, HP Finds
PALO ALTO, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today issued its quarterly HP Wolf Security Threat Insights Report, showing that thriving cybercriminal marketplaces are offeri...
Among the S&P 500, these 20 companies have made the best use of investors' money
There is no easy way to select individual stocks. Measures of financial quality can highlight companies that are worth a closer look, but a decision to commit money must also take into consideration b...
HP Paves Way for Partner Growth with Integration of All Solutions & Services Under Amplify Partner Program
Introduces enticing new Commercial Partner benefits and extends renowned Amplify™ Program to Distribution Partners Introduces enticing new Commercial Partner benefits and extends renowned Amplify™ Pro...