Wall Street analyst estimates for HP Inc. (HPQ): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
HP Inc. is a global technology company specializing in personal computing devices, imaging and printing solutions, and a variety of related technologies, software, and support services, serving clients both in the United States and worldwide. Its operations are structured into three main divisions: Personal Systems, Printing, and Corporate Investments.
Consensus price target
$25.75 (-9% vs price $28.27)
between $19.00 and $33.00 · 5 targets published in the last quarter
Closing price, Nov 3
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $60.0B | $59.8B – $60.4B | $3.26 | 10 |
| 2027E | $60.8B | $59.1B – $63.3B | $3.19 | 10 |
| 2028E | $60.2B | $55.6B – $66.0B | $3.39 | 6 |
Fiscal year ending in October · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 15 |
| Hold | 28 |
| Sell | 8 |
| Strong Sell | 0 |
| Total analysts | 52 |
| Avg rating (−2 sell to +2 buy) | 0.17 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-24 | $0.75 | ||
| 2026-08-26 | $0.83 | $0.66 | +25.0% |
| 2026-05-27 | $0.86 | $0.71 | +21.0% |
| 2026-02-24 | $0.81 | $0.77 | +5.9% |
| 2025-11-25 | $0.93 | $0.92 | +1.0% |
| 2025-08-27 | $0.75 | $0.74 | +0.7% |
| 2025-05-28 | $0.71 | $0.78 | -8.4% |
| 2025-02-27 | $0.74 | $0.75 | -0.8% |
Valuation Ratios
| P/E Ratio | 10.79 |
| Price / Book | -283.99 |
| Dividend Yield | 4.22% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.24B | $52.06B | $58.47B | $58.76B | $56.64B | $63.46B | $62.91B | $53.72B | $53.56B | $55.30B |
| Cost of Revenue | $39.24B | $42.48B | $47.80B | $47.59B | $46.22B | $50.05B | $50.65B | $42.21B | $41.74B | $44.25B |
| Gross Profit | $9.00B | $9.58B | $10.67B | $11.17B | $10.42B | $13.41B | $12.26B | $11.51B | $11.82B | $11.05B |
| Research & Development | $1.21B | $1.19B | $1.40B | $1.50B | $1.48B | $1.85B | $1.65B | $1.58B | $1.64B | $1.60B |
| Selling, General & Admin | $3.83B | $4.53B | $5.10B | $5.37B | $4.90B | $5.73B | $5.26B | $5.36B | $5.66B | $5.82B |
| Operating Expenses | $5.45B | $6.21B | $6.84B | $7.29B | $6.98B | $8.05B | $7.70B | $8.05B | $8.00B | $7.42B |
| Operating Income | $3.55B | $3.37B | $3.83B | $3.88B | $3.44B | $5.36B | $4.56B | $3.46B | $3.82B | $3.62B |
| EBITDA | $4.37B | $3.94B | $3.85B | $3.51B | $4.24B | $8.61B | $5.46B | $4.47B | $4.72B | $4.09B |
| Interest Expense | $273.0M | $309.0M | $312.0M | $242.0M | $239.0M | $254.0M | $359.0M | $684.0M | $607.0M | $506.0M |
| Pre-tax Income | $3.76B | $3.28B | $3.01B | $2.52B | $3.21B | $7.57B | $4.32B | $2.94B | $3.28B | $2.67B |
| Income Tax | $1.09B | $750.0M | -$2.31B | -$629.0M | $396.0M | $1.03B | $1.19B | -$326.0M | $504.0M | $139.0M |
| Net Income | $2.50B | $2.53B | $5.33B | $3.15B | $2.81B | $6.54B | $3.13B | $3.26B | $2.77B | $2.53B |
| EPS | $1.44 | $1.50 | $3.30 | $2.08 | $2.01 | $5.41 | $3.02 | $3.29 | $2.83 | $2.67 |
| EPS (Diluted) | $1.43 | $1.48 | $3.26 | $2.07 | $2.00 | $5.36 | $2.98 | $3.26 | $2.81 | $2.65 |
| Shares Outstanding (Diluted) | 1,743.0 M | 1,702.0 M | 1,634.0 M | 1,524.0 M | 1,420.0 M | 1,220.0 M | 1,050.0 M | 1,000.0 M | 989.0 M | 953.0 M |
Price
| Price | $28.27 (closing price, November 3, 2026) |
| Market Cap | $25.5B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Technology · Computer Hardware
More sections of HPQ: Overview · Financials · Valuation · Technical · Ownership
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