HPQ Chart
About

HP Inc. provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies 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 desktops and notebooks, workstations, thin clients, retail point-of-sale systems, displays, software, hybrid systems, and endpoint security and services, as well as lifecycle services, including support and deployment, configurations, and extended warranty services. The Printing segment provides consumer and commercial printer hardware, supplies, and solutions, as well as office and home printing solutions; and focuses on graphics, 3D printing, and personalization solutions for the commercial and industrial markets. The Corporate Investments segment is involved in the business incubation and investment projects. It serves small- and medium-sized businesses, public sector, and enterprises. 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.

Fundamentals
Scroll to Statements
Sector Technology Industry Computer Hardware Market Cap 17.25B
Enterprise Value 23.90B Income 2.53B Sales 55.30B
Book/sh -0.38 Cash/sh 4.02 Dividend Yield 6.59%
Payout 43.68% Employees 55000 IPO —
P/E 6.96 Forward P/E 6.06 PEG —
P/S 0.31 P/B -49.08 P/C —
EV/EBITDA 5.34 EV/Sales 0.43 Quick Ratio 0.42
Current Ratio 0.77 Debt/Eq — LT Debt/Eq —
EPS (ttm) 2.65 EPS next Y 3.05 EPS Growth -11.40%
Revenue Growth 4.20% Earnings 2026-02-24 ROA 5.59%
ROE — ROIC — Gross Margin 20.60%
Oper. Margin 7.44% Profit Margin 4.57% Shs Outstand 917.98M
Shs Float 914.85M Short Float 14.36% Short Ratio 5.62
Short Interest — 52W High 35.28 52W Low 17.56
Beta 1.20 Avg Volume 16.54M Volume 31.93M
Target Price $22.96 Recom Hold Prev Close $18.20
Price $18.46 Change 1.40%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$22.96
Mean price target
2. Current target
$18.46
Latest analyst target
3. DCF / Fair value
$46.95
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$18.46
Low
$16.00
High
$30.00
Mean
$22.96

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-25 main Goldman Sachs Sell → Sell $16
2026-02-25 main Barclays Underweight → Underweight $16
2026-02-25 main Morgan Stanley Underweight → Underweight $16
2026-02-25 main Wells Fargo Underweight → Underweight $18
2026-02-25 main Evercore ISI Group In-Line → In-Line $20
2026-02-19 main UBS Neutral → Neutral $20
2026-02-19 main Evercore ISI Group In-Line → In-Line $22
2026-02-17 main Citigroup Neutral → Neutral $20
2026-02-03 down B of A Securities Neutral → Underperform $20
2026-01-20 main Citigroup Neutral → Neutral $22
2026-01-20 main Morgan Stanley Underweight → Underweight $18
2026-01-16 down Barclays Equal-Weight → Underweight $18
2025-11-26 main Citigroup Neutral → Neutral $25
2025-11-26 main Goldman Sachs Neutral → Neutral $24
2025-11-26 main TD Cowen Hold → Hold $26
2025-11-26 main JP Morgan Neutral → Neutral $25
2025-11-26 main Barclays Equal-Weight → Equal-Weight $24
2025-11-26 main UBS Neutral → Neutral $26
2025-11-26 main Morgan Stanley Underweight → Underweight $20
2025-11-26 main Evercore ISI Group In-Line → In-Line $25
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 1119 — — PATEL KETAN MAGANLAL Officer — 2026-02-03 00:00:00 D nan
1 33321 — Sale at price 23.19 per share. PATEL KETAN MAGANLAL Officer — 2025-12-26 00:00:00 D 772714.0
2 13880 — Stock Gift at price 0.00 per share. FRANCISCO MA. FATIMA Director — 2025-12-10 00:00:00 I —
3 16726 — Sale at price 24.83 per share. OLSON ANNELIESE Officer — 2025-12-09 00:00:00 D 415307.0
4 57814 — — MCQUARRIE DAVID P Officer — 2025-12-05 00:00:00 D nan
5 31085 — — OLSON ANNELIESE Officer — 2025-12-05 00:00:00 D nan
6 41590 — — PATEL KETAN MAGANLAL Officer — 2025-12-05 00:00:00 D nan
7 189200 — — LORES ENRIQUE J Chief Executive Officer — 2025-12-05 00:00:00 D nan
8 28570 — — PARKHILL KAREN L Chief Financial Officer — 2025-12-05 00:00:00 D nan
9 51983 — — JACOBS JULIE M General Counsel — 2025-12-05 00:00:00 D nan
Financials
Line Item2025-10-312024-10-312023-10-312022-10-31
TaxEffectOfUnusualItems-20.70M-59.60M-138.60M-154.28M
TaxRateForCalcs0.050.150.210.28
NormalizedEBITDA4.54B5.10B5.13B6.02B
TotalUnusualItems-398.00M-387.00M-660.00M-559.00M
TotalUnusualItemsExcludingGoodwill-398.00M-387.00M-660.00M-559.00M
NetIncomeFromContinuingOperationNetMinorityInterest2.53B2.77B3.26B3.13B
ReconciledDepreciation916.00M830.00M850.00M780.00M
ReconciledCostOfRevenue43.33B41.23B41.71B50.09B
EBITDA4.14B4.72B4.47B5.46B
EBIT3.22B3.89B3.62B4.68B
NetInterestIncome-555.00M-607.00M-684.00M-359.00M
InterestExpense555.00M607.00M684.00M359.00M
NormalizedIncome2.91B3.10B3.78B3.54B
NetIncomeFromContinuingAndDiscontinuedOperation2.53B2.77B3.26B3.13B
TotalExpenses51.67B49.36B49.49B57.79B
TotalOperatingIncomeAsReported3.17B3.82B3.46B4.56B
DilutedAverageShares953.00M989.00M1.00B1.05B
BasicAverageShares946.00M979.00M992.00M1.04B
DilutedEPS2.652.813.263.05
BasicEPS2.672.833.293.09
DilutedNIAvailtoComStockholders2.53B2.77B3.26B3.13B
NetIncomeCommonStockholders2.53B2.77B3.26B3.13B
NetIncome2.53B2.77B3.26B3.13B
NetIncomeIncludingNoncontrollingInterests2.53B2.77B3.26B3.13B
NetIncomeContinuousOperations2.53B2.77B3.26B3.13B
TaxProvision139.00M504.00M-326.00M1.19B
PretaxIncome2.67B3.28B2.94B4.32B
OtherIncomeExpense-401.00M-316.00M-602.00M-434.00M
OtherNonOperatingIncomeExpenses-3.00M71.00M58.00M125.00M
SpecialIncomeCharges-398.00M-387.00M-660.00M-559.00M
OtherSpecialCharges-52.00M3.00M-107.00M-2.29B
RestructuringAndMergernAcquisition450.00M384.00M767.00M559.00M
NetNonOperatingInterestIncomeExpense-555.00M-607.00M-684.00M-359.00M
InterestExpenseNonOperating555.00M607.00M684.00M359.00M
OperatingIncome3.62B4.20B4.22B5.12B
OperatingExpense7.77B7.62B7.29B7.15B
OtherTaxes0.000.001.00M0.00
DepreciationAmortizationDepletionIncomeStatement345.00M318.00M350.00M228.00M
DepreciationAndAmortizationInIncomeStatement345.00M318.00M350.00M228.00M
Amortization345.00M318.00M350.00M228.00M
AmortizationOfIntangiblesIncomeStatement345.00M318.00M350.00M228.00M
ResearchAndDevelopment1.60B1.64B1.58B1.65B
SellingGeneralAndAdministration5.82B5.66B5.36B5.26B
SellingAndMarketingExpense5.26B5.74B
GeneralAndAdministrativeExpense5.26B5.74B
OtherGandA5.26B5.74B
SalariesAndWages0.00-37.00M
GrossProfit11.39B11.82B11.51B12.26B
CostOfRevenue43.90B41.74B42.21B50.65B
TotalRevenue55.30B53.56B53.72B62.91B
OperatingRevenue55.30B53.56B53.72B62.91B
Line Item2025-10-312024-10-312023-10-312022-10-31
OrdinarySharesNumber921.15M938.99M988.27M980.00M
ShareIssued921.15M938.99M988.27M980.00M
NetDebt5.98B6.43B6.38B7.87B
TotalDebt10.88B10.90B10.74B12.29B
TangibleBookValue-10.06B-11.27B-11.25B-13.50B
InvestedCapital9.32B8.35B8.41B7.99B
WorkingCapital-6.80B-7.93B-6.51B-6.45B
NetTangibleAssets-10.06B-11.27B-11.25B-13.50B
CapitalLeaseObligations1.22B1.23B1.25B1.28B
CommonStockEquity-346.00M-1.32B-1.07B-3.02B
TotalCapitalization8.47B6.94B8.19B7.77B
TotalEquityGrossMinorityInterest-346.00M-1.32B-1.07B-3.02B
StockholdersEquity-346.00M-1.32B-1.07B-3.02B
GainsLossesNotAffectingRetainedEarnings-457.00M-434.00M-223.00M285.00M
OtherEquityAdjustments-457.00M-434.00M-223.00M285.00M
RetainedEarnings-2.03B-2.68B-2.36B-4.49B
AdditionalPaidInCapital2.13B1.78B1.50B1.17B
CapitalStock9.00M9.00M10.00M10.00M
CommonStock9.00M9.00M10.00M10.00M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest42.12B41.23B38.07B41.52B
TotalNonCurrentLiabilitiesNetMinorityInterest12.86B12.54B13.59B15.33B
OtherNonCurrentLiabilities513.00M531.00M688.00M856.00M
EmployeeBenefits564.00M607.00M546.00M600.00M
NonCurrentPensionAndOtherPostretirementBenefitPlans564.00M607.00M546.00M600.00M
TradeandOtherPayablesNonCurrent496.00M839.00M904.00M911.00M
NonCurrentDeferredLiabilities1.65B1.52B1.37B1.29B
NonCurrentDeferredRevenue1.63B1.49B1.32B1.17B
NonCurrentDeferredTaxesLiabilities16.00M31.00M44.00M121.00M
LongTermDebtAndCapitalLeaseObligation9.64B9.05B10.08B11.67B
LongTermCapitalLeaseObligation815.00M787.00M825.00M875.00M
LongTermDebt8.82B8.26B9.25B10.80B
CurrentLiabilities29.26B28.69B24.49B26.19B
OtherCurrentLiabilities5.83B6.00B6.10B6.57B
CurrentDeferredLiabilities1.61B1.45B1.42B1.39B
CurrentDeferredRevenue1.61B1.45B1.42B1.39B
CurrentDebtAndCapitalLeaseObligation1.25B1.85B660.00M623.00M
CurrentCapitalLeaseObligation401.00M443.00M430.00M405.00M
CurrentDebt845.00M1.41B230.00M218.00M
OtherCurrentBorrowings845.00M1.41B230.00M218.00M
CommercialPaper0.00400.00M
CurrentNotesPayable53.00M34.00M
PensionandOtherPostRetirementBenefitPlansCurrent965.00M970.00M1.05B954.00M
PayablesAndAccruedExpenses19.61B18.43B15.26B16.65B
Payables19.61B18.43B15.26B16.65B
TotalTaxPayable1.55B1.52B1.21B1.35B
AccountsPayable18.05B16.90B14.05B15.30B
TotalAssets41.77B39.91B37.00B38.49B
TotalNonCurrentAssets19.32B19.15B19.03B18.76B
OtherNonCurrentAssets1.36B1.13B853.00M991.00M
NonCurrentPrepaidAssets741.00M684.00M820.00M1.12B
NonCurrentDeferredAssets3.32B3.31B3.15B2.17B
NonCurrentDeferredTaxesAssets3.32B3.31B3.15B2.17B
GoodwillAndOtherIntangibleAssets9.72B9.95B10.18B10.47B
OtherIntangibleAssets1.01B1.32B1.59B1.93B
Goodwill8.71B8.63B8.59B8.54B
NetPPE4.18B4.08B4.01B4.01B
AccumulatedDepreciation-5.44B-5.08B-4.89B-4.82B
GrossPPE9.62B9.16B8.90B8.83B
OtherProperties1.13B1.17B1.19B1.24B
MachineryFurnitureEquipment5.87B5.46B5.38B5.34B
Properties2.62B2.53B2.33B2.25B
CurrentAssets22.45B20.76B17.98B19.74B
OtherCurrentAssets1.58B1.46B1.45B2.09B
RestrictedCash15.00M15.00M125.00M0.00
PrepaidAssets2.17B1.09B
Inventory8.51B7.72B6.86B7.61B
FinishedGoods4.72B4.34B3.93B4.88B
RawMaterials3.79B3.38B2.93B2.73B
Receivables8.66B8.32B6.44B6.89B
OtherReceivables1.98B2.18B1.35B1.38B
TaxesReceivable986.00M1.03B852.00M968.00M
AccountsReceivable5.69B5.12B4.24B4.55B
AllowanceForDoubtfulAccountsReceivable-83.00M-83.00M-93.00M-107.00M
GrossAccountsReceivable5.78B5.20B4.33B4.65B
CashCashEquivalentsAndShortTermInvestments3.69B3.24B3.11B3.15B
OtherShortTermInvestments5.00M
CashAndCashEquivalents3.69B3.24B3.11B3.15B
CashFinancial3.11B3.15B
Line Item2025-10-312024-10-312023-10-312022-10-31
FreeCashFlow2.80B3.16B2.98B3.70B
RepurchaseOfCapitalStock-850.00M-2.10B-100.00M-4.30B
RepaymentOfDebt-1.39B-213.00M-1.71B-1.09B
IssuanceOfDebt1.39B380.00M255.00M4.17B
CapitalExpenditure-897.00M-592.00M-593.00M-765.00M
InterestPaidSupplementalData437.00M441.00M548.00M305.00M
IncomeTaxPaidSupplementalData535.00M649.00M398.00M749.00M
EndCashPosition3.71B3.25B3.23B3.15B
BeginningCashPosition3.25B3.23B3.15B4.30B
ChangesInCash460.00M21.00M87.00M-1.15B
FinancingCashFlow-2.06B-3.08B-2.89B-2.07B
CashFlowFromContinuingFinancingActivities-2.06B-3.08B-2.89B-2.07B
NetOtherFinancingCharges6.00M-203.00M279.00M
ProceedsFromStockOptionExercised-126.00M-74.00M-99.00M-95.00M
CashDividendsPaid-1.09B-1.07B-1.04B-1.04B
CommonStockDividendPaid-1.09B-1.07B-1.04B-1.04B
NetCommonStockIssuance-850.00M-2.10B-100.00M-4.30B
CommonStockPayments-850.00M-2.10B-100.00M-4.30B
NetIssuancePaymentsOfDebt-2.00M167.00M-1.46B3.08B
NetShortTermDebtIssuance0.000.00-10.00M-400.00M
ShortTermDebtPayments0.000.00-10.00M-400.00M
ShortTermDebtIssuance400.00M
NetLongTermDebtIssuance-2.00M167.00M-1.45B3.48B
LongTermDebtPayments-1.39B-213.00M-1.70B-693.00M
LongTermDebtIssuance1.39B380.00M255.00M4.17B
InvestingCashFlow-1.18B-646.00M-590.00M-3.55B
CashFlowFromContinuingInvestingActivities-1.18B-646.00M-590.00M-3.55B
NetOtherInvestingChanges-264.00M14.00M148.00M
NetInvestmentPurchaseAndSale34.00M4.00M10.00M-43.00M
SaleOfInvestment74.00M8.00M21.00M9.00M
PurchaseOfInvestment-40.00M-4.00M-11.00M-52.00M
NetBusinessPurchaseAndSale-50.00M-58.00M-7.00M-2.75B
SaleOfBusiness66.00M0.000.00
PurchaseOfBusiness-116.00M-58.00M-7.00M-2.75B
NetPPEPurchaseAndSale-897.00M-592.00M-593.00M-765.00M
SaleOfPPE16.00M26.00M0.00
PurchaseOfPPE-897.00M-592.00M-593.00M-765.00M
OperatingCashFlow3.70B3.75B3.57B4.46B
CashFlowFromContinuingOperatingActivities3.70B3.75B3.57B4.46B
ChangeInWorkingCapital-785.00M-449.00M-574.00M-1.06B
ChangeInOtherWorkingCapital-444.00M-1.34B-170.00M-1.50B
ChangeInPayablesAndAccruedExpense1.14B2.84B-1.24B-909.00M
ChangeInAccruedExpense-245.00M-205.00M
ChangeInPayable1.14B2.84B-1.24B-909.00M
ChangeInAccountPayable1.14B2.84B-1.24B-909.00M
ChangeInInventory-828.00M-852.00M668.00M214.00M
ChangeInReceivables-655.00M-1.09B168.00M1.13B
ChangesInAccountReceivables-524.00M-929.00M278.00M1.28B
OtherNonCashItems521.00M263.00M517.00M693.00M
StockBasedCompensation522.00M452.00M438.00M343.00M
DeferredTax-6.00M-122.00M-923.00M577.00M
DeferredIncomeTax-6.00M-122.00M-923.00M577.00M
DepreciationAmortizationDepletion916.00M830.00M850.00M780.00M
DepreciationAndAmortization916.00M830.00M850.00M780.00M
Depreciation916.00M830.00M850.00M
OperatingGainsLosses-37.00M
PensionAndEmployeeBenefitExpense0.000.00-37.00M
NetIncomeFromContinuingOperations2.53B2.77B3.26B3.13B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for HPQ
Date User Asset Broker Type Position Size Entry Price Patterns