HP Inc. (HPQ)
Market Cap | 35.71B |
Revenue (ttm) | 53.00B |
Net Income (ttm) | 2.97B |
Shares Out | 978.48M |
EPS (ttm) | 2.96 |
PE Ratio | 12.33 |
Forward PE | 11.25 |
Dividend | $1.10 (3.02%) |
Ex-Dividend Date | Jun 12, 2024 |
Volume | 20,116,948 |
Open | 37.59 |
Previous Close | 38.36 |
Day's Range | 34.91 - 37.62 |
52-Week Range | 25.22 - 39.52 |
Beta | 1.07 |
Analysts | Buy |
Price Target | 34.64 (-5.1%) |
Earnings Date | May 29, 2024 |
About HPQ
HP Inc. provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services worldwide. 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 hybrid systems, such as video conferencing solutions, cameras, ... [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 12 analysts, the average rating for HPQ stock is "Buy." The 12-month stock price forecast is $34.64, which is a decrease of -5.10% from the latest price.
News
HPQ Rallies: A.I. PCs to Expand & Grow Shipments
We saw no big surprises and it was broadly in line with consensus expectations, notes Melissa Otto on HP Inc. (HPQ). She and Olivier Blanchard discuss how HP Inc. rallies to a new 52-week high after e...
HP stock surges on PC recovery
Shares of HP Inc. (HPQ) are jumping after the computer company posted its fiscal second-quarter earnings, beating estimates for adjusted earnings per share with gains of $0.82 per share. Yahoo Finance...
HP Stock Jumps on Solid Earnings, Optimism for AI-Powered PCs
Shares of HP Inc. (HPQ) surged Thursday, a day after it reported solid earnings and signaled that it could continue to be a beneficiary of the artificial intelligence (AI) boom.
HP Stock Pops on Earnings Beat, Strong Outlook: What To Know
HP shares are soaring Thursday after the PC maker beat earnings expectations and issued solid guidance for its fiscal third quarter.
HP reduces rate of sales declines while looking ahead to AI PC boom
HP Inc. sees its business starting to stabilize and is looking ahead to more growth in the market for artificial-intelligence personal computers.
HP beats revenue estimate on recovering PC demand
HP Inc beat Wall Street estimates for second-quarter revenue on Wednesday, signaling a recovery in the personal computer (PC) market as customers upgrade their systems.
HP Sees an Uptick in Corporate PC Sales. AI's Big Impact Will Come Next Year, CEO Says.
Commercial sales of PCs were $6.2 billion, up 6% from the year-ago quarter.
HP Inc. Reports Fiscal 2024 Second Quarter Results
PALO ALTO, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) Second quarter GAAP diluted net earnings per share ("EPS") of $0.61, within the previously provided outlook of $0.58 to $0.68 per sha...
Stocks This Week: Buy BJ Wholesale And HP
The coming week is a post-holiday week. The S&P 500 has risen twice as often as it has declined over the last 50 years.
HP Unlocks New Era of AI Experiences Powering Work and Creation
World's most powerful and secure ultra-mobile AI PCs drive next generation of AI computing with record-breaking 26 hours of battery life 1 , 2 , 3 News Highlights: World's most powerful ultra-mobile n...
HP Catches Cybercriminals ‘Cat-Phishing' Users
PALO ALTO, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today issued its quarterly HP Wolf Security Threat Insights Report, showing attackers are relying on open redirects, overdue inv...
HP Inc. Declares Dividend
PALO ALTO, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) has declared a cash dividend of $0.2756 per share on the company's common stock.
Google's 3D video conferencing platform, Project Starline, is coming in 2025 with help from HP
In 2021, Google kicked off work on Project Starline, a corporate-focused teleconferencing platform that uses 3D imaging, cameras and a custom-designed screen to let people converse with someone as if ...
HP Inc. to Announce Second Quarter Fiscal 2024 Earnings on May 29, 2024
PALO ALTO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) will present a live audio webcast of a conference call to review financial results for the second fiscal quarter ended April 30,...
HP CEO on multi-year partnership with Ferrari
HP CEO Enrique Lores joins 'Money Movers' to discuss HP's title partnership with Ferrari, how the partnership with Ferrari works, and more.
HP's Next Gen Antivirus Given Perfect Score In Independent Test
Researchers at AV-TEST name HP Wolf Pro Security's NGAV a 'Top Product' for Corporate Endpoint Protection Researchers at AV-TEST name HP Wolf Pro Security's NGAV a 'Top Product' for Corporate Endpoint...
Ferrari And HP Announce a Title Partnership
Iconic companies join forces, underlining shared brand values and commitment to performance, innovation, excellence, and trust. Ferrari will deploy advanced HP technology and services, including adapt...
HP Unveils Canadian Cohort for 2024 Digital Equity Accelerator Program
News Highlights Ten nonprofit organizations in Brazil, Canada*, and Poland selected for the 2024 Digital Equity Accelerator. Organizations are serving historically disconnected groups through literacy...
HP Announces 2024 Digital Equity Accelerator Cohort
News Highlights Ten nonprofit organizations in Brazil, Canada*, and Poland selected for the 2024 Digital Equity Accelerator. Organizations are serving historically disconnected groups through literacy...
HP sued by Wex for trademark infringement over 'Wex' software
Software company Wex Inc sued HP Inc for trademark infringement in Maine federal court on Thursday, accusing it of misusing the "Wex" name to brand competing HP software.
It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.
Daniel Loeb's Third Point confirms it has been funding tiny chip maker's lawsuits against tech giants
Third Point, the New York hedge fund started by activist investor Daniel Loeb, on Tuesday confirmed its part in financing a series of patent lawsuits against some of the world's top technology compani...
These older tech companies are playing catch-up in genAI
The news hit like a thunderbolt across the artificial-intelligence landscape: Apple Inc. and Alphabet Inc.'s Google are in discussions to bring the latter's Gemini AI tools to iPhone software.
It's not just Nvidia: These companies are finally making real money from AI
Generative AI, hailed for more than a year now as tech's new frontier, is steadily scoring enterprise sales. And it isn't just Nvidia Corp. NVDA, -5.55% that is racking up stratospheric revenue and ma...