In the latest close session, HP (HPQ) was down 1.12% at $19.43. The stock fell short of the S&P 500, which registered a gain of 0.47% for the day. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.9%. Coming into today, shares of the personal computer and printer maker had lost 8.48% in the past month. In that same time, the Computer and Technology sector lost 1.96%, while the S&P 500 lost 0.16%. Market participants will be closely following the financia ...

Core Viewpoint - Barclays downgraded HP Inc. to Underweight from Equal Weight with a price target of $18, indicating a potential downside of approximately -12.66% from the current trading price of $20.61 [1][5]. Company Performance - HPQ's stock is currently trading at $20.61, experiencing a slight decrease of 0.77%, or $0.16, with fluctuations between a low of $20.50 and a high of $21.02 on the day [2][5]. - Over the past year, HPQ's stock has shown significant volatility, with a high of $35.28 and a low of $20.50 [2]. Market Capitalization and Trading Volume - HP Inc.'s market capitalization is approximately $19.26 billion, with a trading volume of 14,110,542 shares on the NYSE [3]. Competitive Landscape - While HPQ faces a downgrade, other tech companies like AMD and Intel have received upgrades, highlighting the competitive nature of the technology sector [4]. - HP Inc. continues to focus on its core products and market strategies to maintain its competitive position in the industry despite the challenges [4][5].

Good morning everyone. Uh my name is Nash Naraman Tupil and today I'm going to talk about the HP story you might not know. So before I go to HP story a bit about my story. I joined HP in 1997. So it's more than 28 years I've been working in HP. I'm currently the services business leader for Asia-Pacific, Japan and Europe, Middle East Africa. And I've done various other roles in HP in marketing, in uh e-commerce, in channel management, in category management, etc. Apart from my work, I have three areas of pa ...

Core Viewpoint - HP Inc. is facing challenges due to rising memory costs, which are expected to significantly impact earnings in fiscal 2026, leading to a potential 10% reduction in full-year EPS [2][4]. Group 1: Financial Outlook - Bernstein maintains a Hold rating for HP Inc. with a price target of $30, while Wall Street analysts have a consensus Hold rating with a one-year average share price target of $25.88, closely aligning with the recent close of $25.91 [1][5]. - The stock has declined by 21% year-to-date, reflecting market concerns regarding its financial performance [5]. Group 2: Memory Costs Impact - Rising memory prices now account for 15% to 18% of the cost of an average PC for HP Inc., as stated by CEO Enrique Lores during the Q4 2025 earnings call [3]. - The company anticipates a challenging second half of 2026, with potential price increases and strategies to onboard new suppliers and reduce memory configurations in new products to mitigate impacts [4]. Group 3: Market Sentiment - Analysts express caution regarding HP Inc. amid the rising memory costs and their anticipated effects on the company's financial outlook for 2026 [2][4].

Core Insights - HP plans to lay off between 4,000 and 6,000 employees as part of a cost-cutting initiative aimed at saving $1 billion over the next three fiscal years, which could represent up to 10% of its workforce [2][8] - Despite reporting better-than-expected revenue of $14.6 billion for the fiscal fourth quarter, HP's profit outlook for fiscal 2026, projected at $2.90 to $3.20 in EPS, fell below analyst consensus [5][6] - The layoffs at HP reflect a broader trend in the tech industry, where companies like Amazon and Microsoft are also reducing their workforce while increasing investments in AI [4][5] Company Strategy - CEO Enrique Lores emphasized the company's commitment to investing in AI-related initiatives, viewing it as a significant opportunity to enhance product innovation, customer satisfaction, and productivity [3] - The restructuring plan is part of a strategic move to align resources with the company's long-term goals, particularly in the context of rising AI investments [8] Market Reaction - Following the announcement of layoffs and the restructuring plan, HP's stock experienced a decline of approximately 2%, contributing to a year-to-date loss of nearly 27% [6]

Core Viewpoint - HP Inc. is facing challenges in meeting financial expectations, primarily due to its dependence on commodity prices and ongoing issues with quarterly performance [1][2]. Company Performance - HP Inc. has consistently missed quarterly earnings expectations, leading to skepticism about its ability to deliver future results [2]. - The company has engaged in share buybacks, repurchasing an average of 6% of its shares, but this strategy is viewed as insufficient to mask underlying performance issues [2]. Market Sentiment - Despite a recent stock price increase of nearly 6%, market sentiment remains cautious, with analysts suggesting that this does not provide a compelling reason to invest in HP [1]. - There is a belief that other sectors, particularly AI stocks, may offer better investment opportunities with higher upside potential and lower downside risk compared to HP [2].

Core Insights - Xerox is undergoing a significant reorganization following a mixed earnings report, with a notable revenue increase but a decline on a pro forma basis [3][4] - The company reported a revenue gain of $1.96 billion for Q3, marking a 28.3% increase year-over-year, but a 7.8% decline when excluding recent acquisitions [3] - Job cuts have been initiated as part of the integration process following the $1.5 billion acquisition of Lexmark, indicating a strategic move to optimize resources [4][5] Financial Performance - Xerox's Q3 revenue reached $1.96 billion, reflecting a 28.3% increase compared to the same quarter last year [3] - On a pro forma basis, revenue declined by 7.8%, highlighting challenges in the current macroeconomic environment [3] Organizational Changes - Chuck Butler will take over the finance department effective December 3, succeeding Mirlanda Gecaj, who is leaving for new opportunities [6][7] - Gecaj's departure is described as a mutual decision, and she played a significant role during a transformative period for the company [7] Strategic Moves - The company is focused on cost savings and resource optimization as part of its integration strategy post-Lexmark acquisition [4][5] - Employee notifications regarding workforce reductions have begun, emphasizing the challenges of merging operations [5]

Core Viewpoint - HP is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending October 2025, with the actual results being crucial for the stock's near-term price movement [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for November 25, and better-than-expected results could lead to a stock price increase, while disappointing results may cause a decline [2]. - The consensus estimate for HP's quarterly earnings is $0.92 per share, reflecting a year-over-year decrease of 1.1%, with revenues projected at $14.79 billion, a 5.2% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.99%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for HP is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.64%, although the stock holds a Zacks Rank of 4, complicating predictions of an earnings beat [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong indicator of an earnings beat, particularly when combined with a favorable Zacks Rank [10]. - However, a negative Earnings ESP does not necessarily indicate an earnings miss, and predicting an earnings beat is challenging for stocks with negative readings or lower Zacks Ranks [11]. Historical Performance - HP has not exceeded consensus EPS estimates in the last four quarters, with the most recent quarter matching expectations at $0.75 per share, resulting in no surprise [13][14]. Conclusion - While HP may not be a strong candidate for an earnings beat, investors should consider other factors when deciding on stock movements ahead of the earnings release [17].

Company Overview - HP Inc. has a market cap of $26.1 billion and is a leading provider in personal computing, printing, 3D printing, hybrid work, and gaming technologies [1] - The company operates through three segments: Personal Systems, Printing, and Corporate Investments [1] Market Position - HP Inc. is categorized as a large-cap stock, benefiting from strong brand recognition and a diversified portfolio that includes PCs, printers, and emerging technologies like 3D printing [2] - The company invests significantly in R&D and focuses on innovation to remain competitive in trends such as AI-enabled PCs and hybrid work solutions [2] Stock Performance - HPQ stock has decreased by 29.7% from its 52-week high of $39.79 on November 25, 2024 [3] - Year-to-date, HPQ shares are down 14.3%, while the Nasdaq Composite has gained 14.7% in 2025 [4] - Over the past 52 weeks, HPQ stock has fallen 15.5%, compared to a 26% increase in the Nasdaq Composite [4] Analyst Ratings - The consensus rating among 15 analysts covering HPQ stock is a "Hold," with a mean price target of $28.30, indicating a modest 1.2% upside potential from current levels [6] - On September 10, HP shares fell more than 2% after Evercore ISI downgraded the stock to "In Line" from "Outperform," citing limited upside potential and sluggish demand in the PC and printing markets [5]

Group 1 - HP Inc. has been highlighted by Jim Cramer as a stock that continues to miss quarterly expectations, despite having repurchased 6% of its shares on average [1] - The company operates in personal computing devices, printers, 3D printing, and related technologies, along with services for hybrid work and gaming [1] - Cramer expressed skepticism about HPQ's potential in the 3D printing sector, stating it will not significantly impact the company's performance and advised against investing in the stock [1] Group 2 - Despite Cramer's negative outlook, HPQ's stock has gained over 14% since his comments [1] - There is a belief that certain AI stocks present greater upside potential and carry less downside risk compared to HPQ [1]