HP Inc. — Wall Street Analyst Estimates & Price Targets

HPQ

NYSETechnologyComputer HardwareCIK 0000047217www-redirect.ext.hp.comAbout HPQ

Last close · Oct 16, 202630.01−0.84 (−2.72%)

Market cap$27.1B

5 firms' latest targets, last 90 days: median $32.00 ($23.00–$33.00), 7% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 5 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-09-10	RBC Capital	$33.00	—	—	+1%	+10%
2026-08-28	Barclays	$23.00	$19.00	▲ 21%	-22%	-23%
2026-08-27	Bernstein	$32.00	—	—	+5%	+7%
2026-08-27	UBS	$28.00	$20.00	▲ 40%	-8%	-7%
2026-08-24	Evercore ISI	$32.00	$22.00	▲ 45%	+10%	+7%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2022reported	$63.0B	-1%	$3.05	-43%	est. $62.9B+0%	est. $4.07	3
2023reported	$53.7B	-15%	$3.26	+7%	est. $53.7B+0%	est. $3.29	9
2024reported	$53.6B	+0%	$2.81	-14%	est. $53.5B+0%	est. $3.38	15
2025reported	$55.3B	+3%	$2.65	-6%	est. $55.2B+0%	est. $3.11	9
2026	$60.0B	+8%	$3.26	+5%	$59.8B–$60.4B	$3.18–$3.30	10
2027	$60.8B	+1%	$3.19	-2%	$59.1B–$63.3B	$2.86–$3.49	11
2028	$60.2B	-1%	$3.39	+6%	$55.8B–$66.2B	$3.14–$3.75	12
2029	$68.1B	+13%	$4.11	+21%	$65.7B–$71.3B	$3.92–$4.36	6

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$32.00median target, 7% above the last close

Firms with a target · last 90 days: 5
Lowest – highest target: $23.00 – $33.00
Current grades of 10 firms: positive / neutral / negative: 0 / 5 / 5
Upgrades / downgrades · 12 months: 0 / 4
Consensus revenue growth · next 3 FY: +3% a year

Current grades

each firm's latest · 10 firms

As of	Firm	Grade
2026-08-28	Barclays	“Underweight”
2026-08-27	TD Cowen	“Hold”
2026-08-27	Morgan Stanley	“Underweight”
2026-08-27	UBS	“Neutral”
2026-08-24	Evercore ISI	“In Line”
2026-08-12	Goldman Sachs	“Sell”
2026-05-28	Citigroup	“Neutral”
2026-05-28	Wells Fargo	“Underweight”
2026-05-28	J.P. Morgan	“Neutral”
2026-05-28	Bank of America	“Underperform”

Grade changes

last 24 months · 7

Date	Firm	Grade
2026-02-03	Bank of America	“Neutral” → “Underperform” downgrade
2026-01-16	Barclays	“Equal Weight” → “Underweight” downgrade
2025-11-17	Morgan Stanley	“Equal Weight” → “Underweight” downgrade
2025-10-22	J.P. Morgan	“Overweight” → “Neutral” downgrade
2025-10-14	HSBC	“Hold” → “Buy” upgrade
2025-09-10	Evercore ISI	“Outperform” → “In Line” downgrade
2024-11-29	HSBC	“Buy” → “Hold” downgrade

53 older than 24 months

2024-10-01	Citigroup	“Buy” → “Neutral” downgrade
2024-09-27	Bank of America	“Buy” → “Neutral” downgrade
2024-08-19	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2024-05-21	Barclays	“Underweight” → “Equal Weight” upgrade
2024-02-14	HSBC	“Hold” → “Buy” upgrade
2023-12-12	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2023-12-11	Evercore ISI	“In Line” → “Outperform” upgrade
2023-11-13	Citigroup	“Neutral” → “Buy” upgrade
2023-11-07	Edward Jones	“Hold” → “Buy” upgrade
2023-10-03	Bank of America	“Underperform” → “Buy” upgrade
2023-05-02	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2023-04-17	J.P. Morgan	“Neutral” → “Overweight” upgrade
2022-11-18	Credit Suisse	“Outperform” → “Neutral” downgrade
2022-09-01	Loop Capital	“Buy” → “Hold” downgrade
2022-08-19	Wells Fargo	“Equal Weight” → “Underweight” downgrade
2022-07-05	Evercore ISI	“Outperform” → “In Line” downgrade
2022-05-23	Citigroup	“Buy” → “Neutral” downgrade
2022-04-08	UBS	“Buy” → “Neutral” downgrade
2022-03-31	Morgan Stanley	“Equal Weight” → “Underweight” downgrade
2021-09-29	J.P. Morgan	“Overweight” → “Neutral” downgrade
2021-08-27	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2021-02-26	J.P. Morgan	“Neutral” → “Overweight” upgrade
2021-01-14	Barclays	“Equal Weight” → “Underweight” downgrade
2020-12-16	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2020-09-23	UBS	“Neutral” → “Buy” upgrade
2020-05-28	J.P. Morgan	“Overweight” → “Neutral” downgrade
2020-03-31	Argus Research	“Hold” → “Buy” upgrade
2020-03-12	J.P. Morgan	“Neutral” → “Overweight” upgrade
2019-10-10	Goldman Sachs	“Neutral” → “Sell” downgrade
2019-10-07	Argus Research	“Buy” → “Hold” downgrade
2019-10-04	Loop Capital	“Buy” → “Hold” downgrade
2019-09-16	UBS	“Buy” → “Neutral” downgrade
2019-08-23	Evercore ISI	“Outperform” → “In Line” downgrade
2019-08-20	Citigroup	“Buy” → “Neutral” downgrade
2019-02-28	Bank of America	“Buy” → “Underperform” downgrade
2018-05-30	Maxim Group	“Hold” → “Buy” upgrade
2018-05-05	Argus	“Buy” → “Hold” downgrade
2018-02-26	J.P. Morgan	“Neutral” → “Overweight” upgrade
2018-02-02	Mizuho	“Buy” → “Neutral” downgrade
2018-01-23	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2018-01-17	Barclays	“Overweight” → “Equal Weight” downgrade
2017-07-20	RBC Capital	“Sector Perform” → “Outperform” upgrade
2017-07-10	Mizuho	“Neutral” → “Buy” upgrade
2017-04-19	Barclays	“Equal Weight” → “Overweight” upgrade
2017-04-12	Citigroup	“Neutral” → “Buy” upgrade
2017-03-06	Wells Fargo	“Market Perform” → “Outperform” upgrade
2017-01-19	UBS	“Neutral” → “Buy” upgrade
2016-08-25	Maxim Group	“Buy” → “Hold” downgrade
2016-01-07	Wells Fargo	“Outperform” → “Market Perform” downgrade
2015-12-11	BMO Capital	“Market Perform” → “Perform” revised
2015-11-23	Maxim Group	“Hold” → “Buy” upgrade
2015-11-04	J.P. Morgan	“Overweight” → “Neutral” downgrade
2015-11-04	Barclays	“Underweight” → “Equal Weight” upgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.