NYSE: HPQ

HP (HPQ) Stock Analysis & Forecast

Nov 4 close

$29.93+1.66 (+5.9%)

Gekko Brief

AI summaryOct 29 close

This week's news flow around HP is mostly routine, with officer Anneliese Olson filing a Form 4 and a separate Form 144 notice for an intended sale of 18,997 shares acquired through restricted stock unit vesting, alongside a similar ownership filing from officer Ketan M. Patel. Shares also fell 3.37% to $32.45 on Wednesday, underperforming peers despite broader market gains, marking a second straight day of losses, while separate coverage compared HPQ against AAPL on growth prospects and valuation within the computer hardware space.

HPQ closed at $31.83, down 1.9%, sitting above both its 50-day average of $31.73 and its 200-day average of $24.50, with the 50-day above the 200-day. The GekkoIndex reads 57.6, placing it in the Neutral zone, up 5.1 over five days. Price trades 2% above Gekko Fair Value of $31.22, keeping the stock within close range of that marker. The 52-week range spans $17.56 to $36.23, with one-month return at 1.8%, three-month at 16.7%, and one-year at 13.4%.

HP's next earnings date falls on 24 November 2026, after close, 19 days away and inside a typical 20-trading-day holding window; the prior quarter posted EPS of $0.83 against a $0.75 estimate, with a 0.4% reaction. Over the last 30 days there has been 1 unusual options signal, with call premium of $584,117 versus put premium of $9,438. Seasonally, the next 20 trading days have averaged a 4.7% return over 5 years, rising in 4 of them. Analyst consensus target sits at $27.52, with 7 hold and 5 sell ratings among 13 firms.

Written by AI from the Oct 29, 2026 close and checked automatically against the figures on this page.

HP price vs fair value

$31.91$29.93Nov ’25May ’26Nov ’26
Close $29.93200-day averageGekko Fair Value $31.91

HP quick facts

Market cap
$26.99B
P/E ratio
10.9
Forward P/E
8.9
EPS, TTM
$2.62
Revenue, TTM
$59.16B
Profit margin
4.1%
Dividend yield
4.13%
Beta
1.21
Volume
18.70M avg 13.30M
1-year return
+10.8%
Typical daily move
±5.3%
Typical 20-day move
±6.1%
50-day average
$31.69
200-day average
$24.66
Next earnings
Nov 24 after close
Shares outstanding
901.8M
52-week range
$17.56$36.23

HP swing-trade checklist

HP scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $29.93 sits between the 50-day ($31.69) and 200-day ($24.66) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    64.2, Accumulation

    Reading 64.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    6.2% below

    Price is 6.2% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 2 unusual options signals.

    See smart money
  • Earnings riskheadwind

    Reports in 19 days

    Reports on Nov 24, 2026, 19 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +5.7% on average

    From this point in the calendar, the next 20 trading days averaged +5.7% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

HP stock chart and price history

HP closed at $29.93 on Nov 4, 2026, +10.8% over the past year, inside a 52-week range of $17.56 to $36.23.

Close50-day average200-day averageVolume
HP share price, past year, with 50-day and 200-day moving averages and volume$20$25$35DecJan 2026FebMarAprMayJunJulAugSepOct29.93

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−5.7%
3 months
+6.2%
6 months
+39.8%
1 year
+10.8%
The full HPQ chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open HPQ in Gekko

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About HP

HP makes personal computers, laptops, workstations, thin clients, mobile devices for business, retail point-of-sale systems, displays and related peripherals, alongside printers, printing supplies and print services. It also provides supporting software, technical support and other services tied to these products. The company is known for combining computing hardware with imaging and printing offerings under one roof.

The business runs through three divisions. Personal Systems covers computing hardware and its associated software and support. Printing covers printer hardware, supplies and print solutions for both everyday users and commercial accounts. Corporate Investments houses HP Labs along with new business incubation and other investment activity. Customers include individual buyers, small and medium-sized businesses, and larger organizations across government, healthcare and education.

HP traces its roots to 1939 as Hewlett-Packard Company, taking its current name in October 2015. It is headquartered in Palo Alto, California, and its shares are listed on the NYSE under the ticker HPQ.

Listed
NYSE
Sector
Technology services
Industry
Information technology services
Website
hp.com

HP GekkoIndex: the smart money zone

HP’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64.2, in the Accumulation zone, up 10 points over five sessions.

010064.2Accumulation

Up 10 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying35+1.1%+1.7%−1.6%−1.1%
Accumulation (current zone)258−0.2%0.0%+1.4%+3.0%
Neutral363+0.3%+0.7%+1.0%+1.5%
Distribution39+1.5%−0.1%−2.3%+1.8%
Selling2Too few readings yet

Average HPQ share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the HPQ price, zone by zone.Track HPQ in Gekko

Is HP stock overvalued? Gekko Fair Value

HP trades 6.2% below Gekko Fair Value of $31.91, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what HP shares are worth, recalculated every trading day.

$31.91

Gekko Fair Value, Nov 4, 2026

6.2% Undervalued

At the end of Aug 2026 the price was 5.2% below the estimate.

Gekko Fair ValueShare price, month end
$32$28Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open HPQ in Gekko

HP insider and Congress trading

No open-market insider purchases were filed for HP, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for HPQ in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every HPQ insider filing, plotted on the chart in Gekko.Open HPQ in Gekko

Congress trades last 90 days

No trades in HPQ were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for HPQ, plotted on the chart in Gekko.Open HPQ in Gekko

Buybacks

HP has been buying back its own shares.

Bought back, quarter ended Jul 31, 2026
$300.0M
As a share of market cap
1.11%
Trailing four quarters
$1.23B

From company filings.

Unusual options activity last 30 days

2signals, 38% of the flagged premium in calls.

Latest: Bullish flow on Oct 31, $1.48M in unusual premium.

Hedge funds and billionaires quarter ended Dec 31

0of the funds Gekko tracks hold HPQ.

0added0opened0trimmed2sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

HP earnings: next date and track record

HP reports on Nov 24, 2026, after the close (19 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±5.3%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−11.8%Nov ’24−8.7%Feb ’25−12.0%May ’25+5.0%Aug ’25−1.6%Nov ’25−0.8%Feb ’26+2.4%May ’26+0.4%Aug ’26

Last earnings call, Aug 26, 2026 AI summary

What they said
HP Inc. reported record Q3 2026 revenue of $15.7 billion, up 13% year-over-year, marking the ninth consecutive quarter of top-line growth. Personal Systems achieved 10th consecutive quarter of revenue growth at 18% YoY, with AI PC portfolio on track to reach 50% of shipment mix by fiscal year-end. EPS exceeded expectations even excluding a tariff refund benefit. Key growth areas collectively grew 46% YoY.
Guidance
Management indicated continued momentum in AI PC adoption and growth areas while executing a commodity mitigation playbook to manage headwinds. No specific forward-looking revenue or EPS targets were provided in this excerpt, though strategic priorities around AI-enabled devices and integrated solutions signal investment focus.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 26, 2026$0.83
est $0.75
+10.7%$15.68B
est $14.44B
+8.6%+0.4%
May 27, 2026$0.86
est $0.71
+21.0%$14.41B
est $13.99B
+3.0%+2.4%
Feb 24, 2026$0.81
est $0.77
+5.9%$14.44B
est $13.94B
+3.6%−0.8%
Nov 25, 2025$0.93
est $0.92
+1.0%$14.64B
est $14.50B
+1.0%−1.6%
Aug 27, 2025$0.75
est $0.75
+0.7%$13.93B
est $13.69B
+1.8%+5.0%
May 28, 2025$0.71
est $0.78
−8.4%$13.22B
est $13.11B
+0.9%−12.0%
Feb 27, 2025$0.74
est $0.75
−0.8%$13.50B
est $13.39B
+0.9%−8.7%
Nov 26, 2024$0.93
est $0.93
0.0%$14.06B
est $13.99B
+0.5%−11.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

HP stock forecast and analyst price targets

Analysts’ average 12-month price target for HP is $27.52, −8.1% from the last close, from 13 firms rating the stock in the last 90 days.

$27.52consensus 12-month target, −8.1% from the last close
Low $19High $34
Buy1
Hold7
Sell5

Each firm’s latest rating in the last 90 days: 13 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 21Morgan StanleySell, maintained$19−36.5%
Sep 21CitiHold, maintained$25−16.5%
Sep 11RBC CapitalHold, initiated$33+10.3%
Sep 10RBC CapitalHold, initiated$33+10.3%
Sep 3Bank of America SecuritiesSell, maintained$21−29.8%
+1.4%average 20-day move after past Accumulation readings
+5.7%average move over the next 20 trading days in the last 5 years
±5.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

HP seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, HP averaged +5.7% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+19.9%2021+3.3%2022+5.6%2023+2.2%2024−2.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.0%4 of 5
Next 10 trading days−0.1%4 of 5
Next 15 trading days+4.1%4 of 5
Next 20 trading days+5.7%4 of 5
Next 30 trading days+1.8%2 of 5

For scale, HPQ’s typical 20-trading-day move in either direction is about 6.1%.

HP market cap and key statistics

HP’s market cap is $26.99B, with a P/E ratio of 10.9 and revenue of $59.16B over the last twelve months.

Valuation

Market cap
$26.99B
P/E ratio
10.9
Forward P/E
8.9
EPS, TTM
$2.62
Gekko Fair Value
$31.91

Trading

Volume
18.70M
Avg volume, 20 days
13.30M
52-week high
$36.23
52-week low
$17.56
Shares outstanding
901.8M

Financials

Revenue, TTM
$59.16B
Profit margin
4.1%
Return on equity
0%
Quarterly earnings growth, YoY
−11.3%

Risk and income

Beta
1.21
Typical daily move
±5.3%
Typical 20-day move
±6.1%
Dividend yield
4.13%

HP stock news this week

Coverage of HP this week reads neutral: 7 positive, 9 neutral and 3 negative headlines.

News sentiment neutral

HP peers

HP’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
IBMInternational Business Machines−0.3%Neutral8.4% below
ACNAccenture+2.2%Neutral14.6% above
NETCloudflare−0.6%Accumulation11.4% below
FTNTFortinet+0.9%Buying5.1% above
WDAYWorkday−1.4%Neutral15.9% above
CTSHCognizant Technology Solutions+2.5%Neutral18.7% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Information technology services

HP stock FAQ

What is HP’s market cap?

HP’s market cap is $26.99B at the Nov 4, 2026 close of $29.93, with 901.8M shares outstanding. The shares trade on a P/E ratio of 10.9.

What is the HP stock forecast?

The consensus analyst 12-month price target for HP is $27.52, −8.1% from the last close. Of the 13 firms that rated the stock in the last 90 days, 1 rate it a buy, 7 a hold and 5 a sell. Gekko doesn’t publish price predictions of its own.

Is HP stock overvalued or undervalued?

On Gekko’s estimate HP is undervalued: the Nov 4, 2026 close of $29.93 is 6.2% below Gekko Fair Value of $31.91. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does HP report earnings next?

HP is expected to report on Nov 24, 2026, after the market closes (19 days away). Analysts expect earnings of $0.75 per share on revenue of $15.43B. HP beat the earnings estimate in 5 of its last 8 reports, moving 5.3% on average across the report.

What is HP’s 52-week high and low?

HP’s 52-week high is $36.23 and its 52-week low is $17.56; it closed at $29.93 on Nov 4, 2026, +10.8% over the past year. Over the last five years the shares peaked at $41.47 on Apr 7, 2022.

Is HP stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 2 as headwinds (smart money and earnings risk). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in HP?

Gekko flagged 2 unusual options signals in HP over the last 30 days, with $791K of flagged premium in calls and $1.29M in puts. The latest, bullish flow, was on Oct 31, 2026 with $1.48M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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