HP Inc. (HPQ)
NYSEInformation TechnologyComputer HardwareSnapshot 2026-07-08
$23.77+3.53%
Close 2026-07-08 · 1-day change
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Track HPQ free→HP Inc. beats earnings with 9% revenue growth last quarter. It guides for $2.3 EPS and $2.9 billion free cash flow in FY26. The stock trades cheap at a PE of 6.85 and yields 10% dividend. Management aims to maintain strong cash flow and earnings.
Recent CEO and president departures raise execution risks. The stock is down 21.7% from highs amid market selling. EPS guidance is below recent beats, showing pressure. Free cash flow targets may be missed given management status behind.
The market prices in about 0.4% revenue growth and a PE far below peers. Our fair value is much higher than the Street median, reflecting better earnings and cash flow potential. We see upside if management delivers on guidance.
Breaks if: EPS falls below $2.15 in FY26
HP aims to maintain its EPS guidance between $2.47 and $2.77 for fiscal year 2026.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Free cash flow falls below $2.8 billion in FY26
HP aims to generate free cash flow between $2.8 billion and $3.0 billion for fiscal year 2026.
Breaks if: Additional CEO or president departures occur
Breaks if: Revenue growth falls below 0.4% next 4 quarters