HP Inc. (HPQ)
NYSEInformation TechnologyComputer HardwareSnapshot 2026-09-04
$32.64+2.22%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologyComputer HardwareSnapshot 2026-09-04
QuarterlyIQ Insights · HPQ
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $33 HPQ trades at 9.5× p/e, below its 40× p/e peer median. Our $83 fair value sits well above the price. We hold it with low confidence: our number sits well above the analyst range and the peer anchor overstates how cheap it looks. Analysts target $17–$32. Note: our $83 fair value sits above the entire analyst range ($17–$32). Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $20.00 | — | — | Analyst | medium |
| dcf fcfe | 12M | $136.65 | — | — | Hist. CAGR | medium |
| dcf fcff | 12M | $236.61 | — | — | Hist. CAGR | medium |
| ddm gordon | 12M | $55.47 | — | — | TTM | medium |
| Mgmt guidance |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$17.00 – $32.00 (median $20.00) · 9 analysts · as of 2026-08-28
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Richer than its own typical valuation.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| 12M |
| $91.72 |
| 39.9 |
| 2.30 |
| Mgmt |
| medium |
| Peer EV/EBITDA | 12M | $84.10 | 19.5 | 4.66 | TTM | medium |
| Peer P/FCF | 12M | $86.13 | 21.1 | 4.08 | TTM | medium |
| Peer P/E | 12M | $95.69 | 39.9 | 2.40 | TTM | medium |
| Own P/E history | 12M | $19.07 | 7.9 | 2.40 | TTM | medium |
| triangulated | 12M | $146.19 | 39.9 | 3.67 | Triangulated | medium |
| Mgmt guidance | 3Y | $76.39 | 39.9 | 1.92 | Mgmt(prov.) | medium |
| Peer P/FCF | 3Y | $130.99 | 21.1 | 6.20 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $160.66 | 39.9 | 4.03 | Analyst | medium |
| Own P/E history | 3Y | $32.01 | 7.9 | 4.03 | Analyst | medium |
| Mgmt guidance | 5Y | $67.62 | 39.9 | 1.70 | Mgmt(prov.) | low |
| Peer P/FCF | 5Y | $173.23 | 21.1 | 8.20 | Hist. CAGR(prov.) | low |
| Peer P/E | 5Y | $168.43 | 39.9 | 4.22 | Analyst | low |
| Own P/E history | 5Y | $33.56 | 7.9 | 4.22 | Analyst | low |