HP(US:HPQ) ZACKS·2026-02-10 00:00Company Performance - HP's stock closed at $19.43, down 1.12%, underperforming the S&P 500 which gained 0.47% [1] - Over the past month, HP shares have decreased by 8.48%, while the Computer and Technology sector lost 1.96% and the S&P 500 lost 0.16% [1] Upcoming Financial Results - HP is set to announce its earnings on February 24, 2026, with analysts expecting earnings of $0.77 per share, reflecting a year-over-year growth of 4.05% [2] - The revenue forecast for the upcoming quarter is $14.06 billion, indicating a 4.13% growth compared to the same quarter last year [2] Annual Estimates - For the entire year, the Zacks Consensus Estimates predict earnings of $2.97 per share and revenue of $55.16 billion, showing changes of -4.81% and -0.25% respectively compared to the previous year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for HP are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank system, which incorporates estimate changes, currently rates HP at 4 (Sell), with a 0.79% decline in the Zacks Consensus EPS estimate over the past month [6] Valuation Metrics - HP's Forward P/E ratio stands at 6.62, which is below the industry average of 10.78 [7] - The company has a PEG ratio of 0.31, compared to the industry average PEG ratio of 0.61 [8] Industry Context - The Computer - Micro Computers industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 204, placing it in the bottom 17% of over 250 industries [9]