HP Keeps Hold Rating as Analysts See $25.77 Average Target
HP Inc. holds a Hold consensus from sixteen brokerages, with eight hold ratings, five sells, and three strong buys. The average 12-month target is $25.77, below the reported $30.07 share price. HP recently beat quarterly expectations with adjusted earnings of $0.83 per share and revenue of $15.68 billion.
HP’s coverage splits into three strong buys, eight holds, and five sells, yielding a Hold consensus. Recent actions included Wall Street Zen’s downgrade to hold, Barclays raising its target to $23 with an underweight rating, Bernstein and Evercore setting $32 targets, and Zacks upgrading to strong buy.
Shares opened at $30.07, within a 52-week range of $17.56 to $36.22. HP’s market value is roughly $27.11 billion, with a PE of 11.48 and beta of 1.17. Quarterly revenue climbed 12.5% to $15.68 billion, while adjusted EPS of $0.83 topped the $0.66 consensus.
The mixed analyst view and insider selling may shape investor confidence in HP, potentially affecting shareholders, employees, and technology customers. If the stock trades above the average target, some investors could reassess expectations, while HP’s earnings beat and guidance may influence perceptions of its stability. Broader market watchers may see this as a reminder that analyst ratings and price targets can diverge from recent performance, affecting how retail and institutional investors interpret tech-sector valuations.