HP Inc. stock climbs as analysts lift price targets
Published on 08/24/2026 at 18:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
HP Inc. (US40434L1052) is trading with renewed analyst attention after Evercore ISI lifted its price target to $32 from $25 and Morgan Stanley cut its target to $17 from $19 on August 24, 2026. The stock was last quoted at $29.71, while the same snapshot showed a 1st Jan change of +33.35% and a 5-day change of -1.33%.
Targets split the market view
The latest target changes leave HP between a $32 bullish call and a $17 bearish call, with the quoted average target at $23.10. That gap matters because the stock at $29.71 sits above the average target and still below the 52-week high of $32.19 shown in the same market snapshot.
MarketBeat's latest HP page shows a market capitalization of $27.22 billion, a 50-day simple moving average of $25.78, and a 200-day simple moving average of $22.42. That leaves the shares above both trend lines, while the 52-week low remains $17.56.
Guidance stayed firm
HP's most recent reported quarter showed revenue of $14.41 billion, up 9.0% year over year, and earnings of $0.86 per share, which topped consensus by $0.14. The same source says HP has set fiscal 2026 guidance at $2.90 to $3.10 in EPS and fiscal third-quarter 2026 guidance at $0.61 to $0.71 in EPS.
That setup gives investors a clean comparison point before the next report: the latest quarter beat estimates, but the full-year guidance range still leaves room for scrutiny on margins and demand into the next print.
Printer and PC mix
HP's core business still depends on personal systems, printing supplies, and commercial hardware demand, with the printer and PC mix shaping both revenue stability and margin pressure. For investors, the guidance range matters more than the product list because it shows how much of the recent operating improvement can carry into the rest of fiscal 2026.
Stock level to watch
HP shares last traded at $29.71 on August 21, 2026, leaving the stock close to its 52-week high and well above the long-term average trend lines in the latest market snapshot.
Fact box
Company: HP Inc.
ISIN: US40434L1052
Ticker: HPQ
Exchange: NYSE
Price (as of August 21, 2026, 4:00:03 p.m. ET): $29.71 USD
Market cap: $27.22 billion
Sector / Industry: Information Technology / Technology Hardware, Storage & Peripherals
Index membership: S&P 500
Next earnings date: September 2, 2026
More on HP Inc. stock
HP's earnings date on September 2, 2026 puts the next catalyst in clear view for traders and long-only holders alike.
