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HP IncNYSE: HPQ

Information Technology · Technology Hardware, Storage & Peripherals

$25.43

+16.12%

Vol: 2.3M

Research Digest

Monday, June 15, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 14No significant overnight updatesNeutral

No material news in the last 48 hours. Recent catalysts (fiscal Q2 earnings beat, Gartner leader recognition) date to May and earlier.

May 21HP declares $0.30 dividend ahead of May 27 Q2 earnings; JPMorgan lifts PT on AI PC tailwindsPositive

On May 19, HP declared a cash dividend of $0.30 per share payable July 1. Q2 fiscal 2026 earnings will be reported May 27 at 5:30pm ET. JPMorgan raised its PT to $22 from $19 on May 15, and shares rallied 7.29% on May 8 amid optimism over AI-driven PC demand and a report that Nvidia could be planning a major acquisition affecting the PC industry. HP unveiled new HyperX OMEN desktops at HP Imagine 2026 including the OMEN MAX 45L. Risk: Q2 print could disappoint if PC refresh cycle slows or tariff-driven cost pressures hit margins; consensus is generally cautious given multi-quarter PC softness.

May 20HP Inc declares $0.30 dividend May 19 ahead of Q2 fiscal 2026 earnings May 27; JPMorgan raises target to $22.Positive

HP Inc. declared a cash dividend of $0.3000 per share on May 19, payable July 1 to stockholders of record June 10. The company reports Q2 fiscal 2026 earnings via webcast on May 27. On May 8, HPQ rallied 7.29% amid optimism over AI-driven PC demand. HP unveiled new HyperX OMEN desktops at HP Imagine 2026, including the HyperX OMEN MAX 45L (Intel Core Ultra 7 270K Plus, up to NVIDIA RTX 5090, 128GB DDR5, 1200W modular PSU) and OMEN 35L gaming PCs. JPMorgan raised HPQ's price target to $22 (from $19) on May 15.

May 19No significant overnight updatesNeutral

No material news in the last 48 hours.

May 18JPMorgan raised HPQ price target to $22 from $19 ahead of May 27 Q2 fiscal 2026 earnings, with AI-PC commentary in focus.Positive

HP Inc. will report Q2 fiscal 2026 earnings on May 27, 2026 at 5:30 p.m. ET, with key catalysts being AI PC commentary and margin guidance. JPMorgan raised its price target to $22 from $19 on May 15, 2026. Shares rallied 7.92% on May 8 amid AI-driven PC demand optimism and a speculative Nvidia-acquisition rumor that Evercore leaned into for AI PC and edge device upside. HP unveiled new AI-powered devices including HP IQ on-device intelligence, HP NearSense, EliteBook 6 G2q AI PC, new HP Z workstations, and LaserJet printers at HP Imagine 2026. The stock trades at P/E 8.1x and 0.35x sales, cheaper than most Tech and Hardware peers with a 3- and 5-year dividend CAGR above 5%.

May 15HP Inc shares rose 7%+ on May 8 amid AI-PC demand optimism with Q2 fiscal 2026 earnings scheduled for May 27 and aggressive capital returns of $577MPositive

HP Inc. (HPQ) shares jumped 7.29% on May 8, 2026 as investors reacted to AI-PC and gaming hardware sentiment, returning 7.2% over 7 days and 8.4% over 30 days. A speculative Nvidia-acquisition rumor caught a sharp intraday rally, while Evercore leaned into an AI PC and edge-device upside narrative. HP returned $577M to shareholders in the quarter ($277M dividends + $300M buybacks). The company is set to report Q2 fiscal 2026 earnings (ended April 30) on May 27, 2026 at 5:30 p.m. ET with EPS estimate of $0.71. HP expanded its AI PC and workplace portfolio in India with 20+ new products. At HP Imagine 2026 the company unveiled new HyperX OMEN desktops including the OMEN MAX 45L (up to NVIDIA RTX 5090, 128 GB DDR5) and a new generation of HP Z workstations and AI solutions, with the Z8 Fury G6i supporting up to four NVIDIA RTX PRO 6000 Blackwell Max-Q GPUs. Risk: PC end-market remains highly cyclical and tariff exposure could pressure margins.

May 14HPQ rallies 7.3% on May 8 on AI PC optimism and Nvidia rumor; Q2 fiscal earnings due May 27Mixed

HP Inc shares jumped 7.29% on May 8 on AI PC demand optimism and a speculative Nvidia-acquisition rumor, with Evercore highlighting AI PC and edge-device upside. Stock then declined 4.5% to $21.67 on May 11. Q2 fiscal 2026 earnings due May 27 at 5:30pm ET — key catalysts are AI PC commentary and margin guidance. At HP Imagine 2026, HP unveiled HyperX OMEN MAX 45L gaming desktops, new Z workstations including Z8 Fury G6i (up to 4 NVIDIA RTX PRO 6000 Blackwell GPUs), and HP NearSense AI PC features. Returned $277M dividends and $300M buybacks last quarter. Risk: tariff and component cost pressure on PC margins.

May 13HP Inc. set Q2 FY2026 earnings for May 27 and unveiled new AI PCs and security products at HP Imagine 2026; shares fell 7% to $21.08 on May 12 amid mixed sentiment.Mixed

HP confirmed Q2 FY2026 earnings release for May 27 at 5:30 p.m. ET, with consensus EPS estimate of $0.71. Earlier in May, shares spiked 7.29% on a speculative Nvidia acquisition rumor and AI/gaming optimism, but reversed 7% on May 12 to $21.08. HP unveiled new AI-powered devices at HP Imagine 2026, including HP IQ on-device intelligence, HP NearSense, the EliteBook 6 G2q AI PC, HP Z workstations, HP TPM Guard hardware security, and LaserJet printers with quantum-resistant security.

May 12HP shares rallied ~7% on May 8 on AI PC and gaming optimism, plus a speculative Nvidia-acquisition rumor, ahead of May 27 Q2 FY26 earnings.Positive

HP Inc. shares jumped 7-8% on Friday, May 8, 2026 on upbeat sentiment around AI-driven PCs, gaming hardware (new HyperX OMEN MAX 45L and OMEN 35L desktops), and a speculative Nvidia-acquisition rumor that Evercore tied to its AI-PC/edge-device upside narrative. HP expanded its AI PC portfolio in India with 20+ new products. Q2 FY2026 earnings (quarter ended April 30) are set for May 27 at 5:30 p.m. ET; key catalysts include AI-PC commentary and margin guidance. HP returned cash aggressively last quarter ($277M dividends, $300M buybacks). Risk: HPQ has limited direct AI-acquisition confirmation.

May 11HP shares surged 7–8% May 8 on AI/gaming PC momentum and an Nvidia-acquisition rumor ahead of May 27 fiscal Q2 earnings.Positive

HP Inc. shares rallied 7.29–8.1% on Friday May 8, 2026 to $22.68 driven by AI-driven PC demand optimism and a speculative Nvidia-acquisition rumor positioning HPQ as an AI-leverage play in PCs and edge devices. At HP Imagine 2026, the company unveiled new HyperX OMEN MAX 45L and OMEN 35L gaming desktops with Intel Core Ultra 7 270K Plus and NVIDIA RTX 5090/5080 GPUs. HP also introduced HP NearSense, a cross-device connectivity experience built on Google's D2DI framework for handoffs across HP devices and Android. The company will report fiscal Q2 results on May 27 at 5:30 p.m. ET. HP returned $277M in dividends and $300M in buybacks last quarter; dividend yield is ~5.7%.

May 8No significant overnight updatesNeutral

No material news in the last 48 hours.

May 7HP Inc announced leadership transition with Bruce Broussard appointed interim CEO; Q1 2026 revenue of $14.4B grew 6.9% YoY with EPS of $0.81 beating estimates.Positive

HP Inc. reported Q1 fiscal 2026 net revenue of $14.4B, up 6.9% from the prior year, with diluted EPS of $0.81 beating consensus estimates of $0.77. The company announced a leadership transition with Bruce Broussard, a board member since 2021, appointed interim CEO. HP showcased AI-powered innovations at its 2026 events including the EliteBoard G1a and EliteBook X G2 series. The company is scheduled to report Q2 2026 earnings on May 27, 2026.

May 6HP Inc Q1 2026 EPS $0.81 beats by 5%; Q2 fiscal 2026 earnings expected May 27Neutral

HP Inc reported Q1 2026 earnings of $0.81 per share, beating estimates of $0.77 by 5.19%. HP faces mixed market sentiment amid M&A rumors and upcoming earnings expectations. Company focuses on expanding HyperX gaming division and AI-enabled PC demand, but competitive pressures and rising component costs impact margins. New products include HP EliteBook 6 G2q AI PC, HP MJF 1200 3D Printer, and Poly Edge V Series phones. Q2 fiscal 2026 earnings scheduled for May 27. Consensus Hold rating with $21.42 price target (1% upside).

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
HPQHP$25.43+16.12%+4.7%7.4x1.11$20.1B
AAPLAPPLE$295.29-3.18%+2.4%31.8x1.06$4.48T
SNDKSANDISK$2,023.27+31.19%+15.7%8.8x$228.4B
STXSEAGATE$990.78+22.25%+9.4%30.9x2.01$181.7B
WDCWESTERN$628.99+29.30%+6.1%27.9x2.16$167.7B
DELLDELL$408.20+61.47%+6.2%17.0x1.06$164.2B

Key Fundamentals

Market Cap$20.1B
P/E (TTM)8.3
Forward P/E7.4
Beta1.11
Div Yield570.00%
Prev Close$21.90

RSI (14-Day)

74Overbought
0305070100

52-Week Range

$17.56$25.43$29.55
From High-13.9%
From Low+44.8%

Moving Averages

50d SMA
$19.65+29.4%
200d SMA
$22.69+12.1%

Price above both MAs — bullish structure.

Historical Returns

1W
+22.4%
1M
+29.0%
3M
+34.2%
6M
+3.7%
1Y
-6.8%
YTD
+16.8%

Volume

Today2.3M
20d Avg14.4M
Ratio0.16x