HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services, as well as scanning devices. The Corporate Investments segment includes HP Labs and business incubation projects. HP Inc. serves individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.
IPO Year:
Exchange: NYSE
Website: www8.hp.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/28/2025 | $39.00 → $38.00 | Hold | TD Cowen |
11/29/2024 | $39.00 → $38.00 | Buy → Hold | HSBC Securities |
11/27/2024 | $32.00 → $39.00 | Hold | TD Cowen |
10/1/2024 | $37.00 | Buy → Neutral | Citigroup |
9/27/2024 | $37.00 | Buy → Neutral | BofA Securities |
8/23/2024 | $38.00 → $42.00 | Overweight | JP Morgan |
8/19/2024 | $37.00 → $37.00 | Overweight → Equal-Weight | Morgan Stanley |
5/30/2024 | $30.00 → $32.00 | Hold | TD Cowen |
5/21/2024 | $24.00 → $30.00 | Underweight → Equal Weight | Barclays |
2/14/2024 | $30.00 → $33.00 | Hold → Buy | HSBC Securities |
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PALO ALTO, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- HP (NYSE:HPQ) First quarter GAAP diluted net earnings per share ("EPS") of $0.59, within the previously provided outlook of $0.57 to $0.63 per shareFirst quarter non-GAAP diluted net EPS of $0.74, within the previously provided outlook of $0.70 to $0.76 per shareFirst quarter net revenue of $13.5 billion, up 2.4% from the prior-year periodFirst quarter net cash provided by operating activities of $0.4 billion, free cash flow of $0.1 billionFirst quarter returned $0.4 billion to shareholders in the form of share repurchases and dividendsEstimated $300 million increase in Future Ready plan annualized gross run rate structural cost savings
PALO ALTO, Calif., Feb. 21, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) today announced the appointment of Gianluca Pettiti to its Board of Directors. Mr. Pettiti is Executive Vice President and President, Life Sciences, Diagnostics and Applied for Thermo Fisher Scientific Inc., a global life sciences company. His appointment is effective immediately. "We're excited to welcome Gianluca to the HP Board of Directors," said Chip Bergh, Chair of the HP Board. "He brings invaluable global expertise and a proven track record of fostering innovation at the intersection of technology and life sciences. His experience spearheading digital and AI initiatives will be instrumental in advancing our bu
PALO ALTO, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) announced a definitive agreement to acquire key AI capabilities from Humane, including their AI-powered platform Cosmos, highly skilled technical talent, and intellectual property with more than 300 patents and patent applications. The acquisition advances HP's transformation into a more experience-led company. "This investment will rapidly accelerate our ability to develop a new generation of devices that seamlessly orchestrate AI requests both locally and in the cloud," said Tuan Tran, President of Technology and Innovation at HP. "Humane's AI platform Cosmos, backed by an incredible group of engineers, will help us
MADRID, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Today, The Real Madrid Foundation announced a strategic collaboration with HP Inc. to promote digital skills and sports for disconnected communities during a joint signing ceremony at Ciudad Real Madrid. This collaboration will harness the unique capabilities of both organizations to leverage the ways in which technology as well as sport for good can empower individuals and prepare them for the future of work. The multi-year partnership is a component of the global technology sponsorship agreement announced with Real Madrid C. F. in February 2024. This collaboration will showcase how technology, sports values, and education can work together to gen
PALO ALTO, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) today announced the appointment of Songyee Yoon to its Board of Directors. Songyee is the Founder and Managing Partner of Principal Venture Partners and former President for NCSoft Corporation, a leading gaming developer. Her appointment is effective immediately. "We're thrilled to welcome Songyee to the HP Board of Directors," said Chip Bergh, Chair of the HP Board. "Songyee brings expertise in international business and a deep understanding of AI. As a renowned leader and innovator, Songyee offers a global perspective on emerging technologies and trends in AI, which will undoubtedly help us advance HP's strategic pr
PALO ALTO, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- The HP Inc. (NYSE:HPQ) board of directors has established a record date for its 2025 annual meeting of stockholders. HP Inc.'s stockholders of record at the close of business on February 20, 2025 will be entitled to notice of the annual meeting and to vote upon matters considered at the meeting. The annual meeting is scheduled to be held on April 14, 2025. HP Inc. will make available to all stockholders of record important information about the meeting and the matters to be considered. Stockholders are urged to review that information when it becomes available. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator
PALO ALTO, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) will present a live audio webcast of a conference call to review financial results for the first fiscal quarter ended January 31, 2025 on Thursday, Feb 27, 2025 at 5:30 p.m. ET / 2:30 p.m. PT. The webcast will be available at www.hp.com/investor/2025Q1Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries
PALO ALTO, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) will present a live audio webcast of a conference call to review financial results for the first fiscal quarter ended January 31, 2025 on Thursday, Feb 27, 2025 at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at www.hp.com/investor/2025Q1Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries
HP to Utilize Structure 3D Software Development Kit to Enable Client Development of 3D Scanning Applications as Part of End-to-End 3D Scanning, 3D Printing Offering BOULDER, Colo., Feb. 3, 2025 /PRNewswire/ -- Structure, a global leader in 3D Intelligence, announced today that it has signed a 3D software licensing agreement with global printing leader HP Inc. Under the agreement, HP will offer the AI-powered Structure Software Development Kit (SDK) to provide 3D scanning application development services tailored to the needs of its 3D printing clients. The agreement is part of
PALO ALTO, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) has declared a cash dividend of $0.2894 per share on the company's common stock. The dividend, the second in HP's fiscal year 2025, is payable on April 2, 2025, to stockholders of record as of the close of business on March 12, 2025. HP has approximately 0.9 billion shares of common stock outstanding. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions
TD Cowen reiterated coverage of HP Inc. with a rating of Hold and set a new price target of $38.00 from $39.00 previously
HSBC Securities downgraded HP Inc. from Buy to Hold and set a new price target of $38.00 from $39.00 previously
TD Cowen reiterated coverage of HP Inc. with a rating of Hold and set a new price target of $39.00 from $32.00 previously
Citigroup downgraded HP Inc. from Buy to Neutral and set a new price target of $37.00
BofA Securities downgraded HP Inc. from Buy to Neutral and set a new price target of $37.00
JP Morgan reiterated coverage of HP Inc. with a rating of Overweight and set a new price target of $42.00 from $38.00 previously
Morgan Stanley downgraded HP Inc. from Overweight to Equal-Weight and set a new price target of $37.00 from $37.00 previously
TD Cowen reiterated coverage of HP Inc. with a rating of Hold and set a new price target of $32.00 from $30.00 previously
Barclays upgraded HP Inc. from Underweight to Equal Weight and set a new price target of $30.00 from $24.00 previously
HSBC Securities upgraded HP Inc. from Hold to Buy and set a new price target of $33.00 from $30.00 previously
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PALO ALTO, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- HP (NYSE:HPQ) First quarter GAAP diluted net earnings per share ("EPS") of $0.59, within the previously provided outlook of $0.57 to $0.63 per shareFirst quarter non-GAAP diluted net EPS of $0.74, within the previously provided outlook of $0.70 to $0.76 per shareFirst quarter net revenue of $13.5 billion, up 2.4% from the prior-year periodFirst quarter net cash provided by operating activities of $0.4 billion, free cash flow of $0.1 billionFirst quarter returned $0.4 billion to shareholders in the form of share repurchases and dividendsEstimated $300 million increase in Future Ready plan annualized gross run rate structural cost savings
PALO ALTO, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) will present a live audio webcast of a conference call to review financial results for the first fiscal quarter ended January 31, 2025 on Thursday, Feb 27, 2025 at 5:30 p.m. ET / 2:30 p.m. PT. The webcast will be available at www.hp.com/investor/2025Q1Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries
PALO ALTO, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) will present a live audio webcast of a conference call to review financial results for the first fiscal quarter ended January 31, 2025 on Thursday, Feb 27, 2025 at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at www.hp.com/investor/2025Q1Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries
PALO ALTO, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) has declared a cash dividend of $0.2894 per share on the company's common stock. The dividend, the second in HP's fiscal year 2025, is payable on April 2, 2025, to stockholders of record as of the close of business on March 12, 2025. HP has approximately 0.9 billion shares of common stock outstanding. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions
PALO ALTO, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- HP (NYSE:HPQ) Fiscal 2024 GAAP diluted net earnings per share ("EPS") of $2.81, above the previously provided outlook of $2.62 to $2.72 per shareFiscal 2024 non-GAAP diluted net EPS of $3.38, within the previously provided outlook of $3.35 to $3.45 per shareFiscal 2024 net revenue of $53.6 billion, down 0.3% from the prior-year periodFiscal 2024 net cash provided by operating activities of $3.7 billion, free cash flow of $3.3 billionFiscal 2024 returned $3.2 billion to shareholders in the form of share repurchases and dividendsFourth quarter GAAP diluted net EPS of $0.93, above the previously provided outlook of $0.74 to $0.84 per share
PALO ALTO, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) will present a live audio webcast of a conference call to review financial results for the fourth fiscal quarter and fiscal year ended October 31, 2024 on Tuesday, Nov 26, 2024 at 5:30 p.m. ET / 2:30 p.m. PT. The webcast will be available at www.hp.com/investor/2024Q4Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in
PALO ALTO, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- HP (NYSE:HPQ) Third quarter GAAP diluted net earnings per share ("EPS") of $0.65, within the previously provided outlook of $0.63 to $0.77 per shareThird quarter non-GAAP diluted net EPS of $0.83, within the previously provided outlook of $0.78 to $0.92 per shareThird quarter net revenue of $13.5 billion, up 2.4% from the prior-year periodThird quarter net cash provided by operating activities of $1.4 billion, free cash flow of $1.3 billionThird quarter returned $0.9 billion to shareholders in the form of share repurchases and dividendsShare repurchase authorization increased to $10.0 billion HP Inc.'s fiscal 2024 third quarter financi
PALO ALTO, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) will present a live audio webcast of a conference call to review financial results for the third fiscal quarter ended July 31, 2024 on Wednesday, August 28, 2024 at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at www.hp.com/investor/2024Q3Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countrie
PALO ALTO, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) has declared a cash dividend of $0.2756 per share on the company's common stock. The dividend, the fourth in HP's fiscal year 2024, is payable on October 2, 2024, to stockholders of record as of the close of business on September 11, 2024. HP has approximately 1.0 billion shares of common stock outstanding. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for p
PALO ALTO, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- HP (NYSE:HPQ) Second quarter GAAP diluted net earnings per share ("EPS") of $0.61, within the previously provided outlook of $0.58 to $0.68 per shareSecond quarter non-GAAP diluted net EPS of $0.82, within the previously provided outlook of $0.76 to $0.86 per shareSecond quarter net revenue of $12.8 billion, down 0.8% from the prior-year periodSecond quarter net cash provided by operating activities of $0.6 billion, free cash flow of $0.5 billionSecond quarter returned $0.4 billion to shareholders in the form of dividends and share repurchases HP Inc.'s fiscal 2024 second quarter financial performance Q2 FY24Q2 FY23Y/YGAAP net revenu
PALO ALTO, Calif., Feb. 21, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) today announced the appointment of Gianluca Pettiti to its Board of Directors. Mr. Pettiti is Executive Vice President and President, Life Sciences, Diagnostics and Applied for Thermo Fisher Scientific Inc., a global life sciences company. His appointment is effective immediately. "We're excited to welcome Gianluca to the HP Board of Directors," said Chip Bergh, Chair of the HP Board. "He brings invaluable global expertise and a proven track record of fostering innovation at the intersection of technology and life sciences. His experience spearheading digital and AI initiatives will be instrumental in advancing our bu
PALO ALTO, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) announced a definitive agreement to acquire key AI capabilities from Humane, including their AI-powered platform Cosmos, highly skilled technical talent, and intellectual property with more than 300 patents and patent applications. The acquisition advances HP's transformation into a more experience-led company. "This investment will rapidly accelerate our ability to develop a new generation of devices that seamlessly orchestrate AI requests both locally and in the cloud," said Tuan Tran, President of Technology and Innovation at HP. "Humane's AI platform Cosmos, backed by an incredible group of engineers, will help us
PALO ALTO, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) today announced the appointment of Songyee Yoon to its Board of Directors. Songyee is the Founder and Managing Partner of Principal Venture Partners and former President for NCSoft Corporation, a leading gaming developer. Her appointment is effective immediately. "We're thrilled to welcome Songyee to the HP Board of Directors," said Chip Bergh, Chair of the HP Board. "Songyee brings expertise in international business and a deep understanding of AI. As a renowned leader and innovator, Songyee offers a global perspective on emerging technologies and trends in AI, which will undoubtedly help us advance HP's strategic pr
PALO ALTO, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Today HP Inc. (NYSE:HPQ) announced the appointment of Carol Surface as Chief People Officer, starting March 24. Carol has a proven track record for building high-performance, purpose-driven teams to deliver exceptional business results. With a career spanning some of the world's most iconic brands, Carol brings a wealth of global experience and insight to HP. Most recently, she served as Chief People Officer at Apple. Prior to that, Carol spent a decade as Chief Human Resources Officer at Medtronic, a global healthcare technology leader, where she led transformation initiatives to drive growth, including the evolution of the HR op
News Highlights: Unleashes flexibility and style for freelancers and creators with HP's first 2-in-1 next-gen AI PC, the HP OmniBook Ultra FlipIntroduces the first HP EliteBook X, the world's most powerful next-gen AI business notebook1 for tech experts and business consultants, with up to an industry-leading 55 TOPS of NPU performance2Unveils innovative memory architecture that revolutionizes on-device AI, delivering lightning-fast performance for the most complex workflowsRedefines workspaces with the industry's broadest portfolio of AI-enabled multi-camera capable video conferencing solutions3Empowers on-demand performance for data scientists and AI developers with Z by HP Boost, the wor
News Highlights: HP announces the only AI platform for workstations with built-in generative AI trust for large language model (LLM) development2 to detect and correct bias in models in Z by HP AI StudioIntroducing the first HP OmniBook Ultra, the world's highest performance AI PC1 with up to an industry-leading 55 TOPS of NPU performance3Safely and securely use AI with Wolf Security on the HP OmniBook Ultra, the world's most secure consumer next gen AI PC4Explore endless possibilities with the latest AI-powered apps for productivity and content creation from Beautiful.ai, Loccus.ai, Luminar Neo, Omnibridge, Polymer, and Virtual Sapiens PALO ALTO, Calif., July 15, 2024 (GLOBE NEWSWIR
PALO ALTO, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) today announced that Karen Parkhill will join the company as Chief Financial Officer on August 5, 2024. Tim Brown, who has been serving as interim Chief Financial Officer, will return to his role as the head of Print Finance. A world-class finance leader, Parkhill, has spent the past 13 years serving as the Chief Financial Officer for well-established, publicly traded companies. Parkhill joins HP from Medtronic plc, a leading global healthcare technology company with more than 95,000 employees across 150 countries, where she served as Executive Vice President and Chief Financial Officer since 2016. "Karen
PALO ALTO, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) announced today the appointment of Ma. Fatima ("Fama") De Vera Francisco to its Board of Directors. Francisco is Chief Executive Officer, Baby, Feminine and Family Care at the Procter & Gamble Company, a global consumer brands leader. Her appointment is effective immediately. "I'm excited to welcome Fama to the Board as she will bring deep consumer brand-building and innovation experience along with a very global perspective," said Chip Bergh, Chair of the HP Board. "Her experiences and results leading some of P&G's biggest brands globally during her 35 years, combined with strong public company board experience, giv
Hewlett Packard Enterprise (NYSE:HPE) today announced that Marie Myers will join the company as executive vice president and chief financial officer on January 15, 2024, reporting to Antonio Neri, president and chief executive officer. Myers has served as CFO of HP Inc. (NYSE:HPQ) since 2021, having spent more than 20 years in numerous financial leadership positions at the company. She is based in Houston. Jeremy Cox, who has served as interim chief financial officer since August, will return full time to his position as senior vice president, corporate controller, and chief tax officer, reporting to Myers. This press release features multimedia. View the full release here: https://www.bus
News Highlights HP consolidates all solutions & services, including Poly, Teradici, and HyperX, into one global1 programIntroduces new Amplify Distribution Program, tailored to meet unique needs of Distribution PartnersUnveils new Commercial Partners benefits including More for More, Fast Lane, and Growth PlaysScales geographic reach of HP Amplify Impact partner sustainability program to 48 countries PALO ALTO, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- HP Inc (NYSE:HPQ) today announced the launch of HP Amplify for All, an initiative which integrates all HP solutions and services including Poly, Teradici and HyperX into the HP Amplify Program, offering one unified global1
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