HP Inc. withholds 2027 outlook: HP Inc. stock stays above USD 29.66 target

Published on 10/01/2026 at 15:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HP Inc. posted USD 15.7 billion in fiscal third-quarter revenue, up 12.50 percent. HP Inc. stock costs EUR 27.96 on October 1, 2026 after EUR 27.79.

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HP Inc. (ISIN US40434L1052) was trading at EUR 27.96 at Lang & Schwarz on October 1, 2026 at 3:00 p.m. CEST, up 0.61 percent from the EUR 27.79 prior close. In a September 21, 2026 filing, StockTitan reported that HP's fiscal 2027 planning remains conditional as the company assesses lower PC demand. A September 23 market snapshot listed a USD 29.66 average analyst target and a USD 32.16 last close, placing the latter 8.43 percent above the target, according to MarketScreener.

PC demand shapes 2027 planning

The filing's preliminary planning assumption points to a mid-single-digit decline in industry PC unit volumes in calendar 2027 versus calendar 2026. That figure is an industry assumption rather than HP's formal company guidance, so the next outlook will depend on second-half 2026 market conditions.

The immediate operating picture is stronger. The Globe and Mail reported on September 1, 2026 that fiscal third-quarter revenue rose 12.50 percent year over year to USD 15.7 billion. Non-GAAP diluted earnings per share increased 11.00 percent to USD 0.83, while GAAP operating margin improved to 5.70 percent.

Revenue growth meets valuation caution

Personal Systems remained the main growth engine, with fiscal third-quarter revenue of USD 11.8 billion, up 18.00 percent year over year, while Printing revenue fell 2.00 percent to USD 3.9 billion. HP also raised fiscal 2026 non-GAAP earnings-per-share guidance to USD 3.19-3.29 and free-cash-flow guidance to USD 3.0-3.2 billion.

The valuation debate is visible in analyst coverage. MarketBeat reported on September 26, 2026 that Wall Street Zen cut HP from Buy to Hold, while its wider consensus stood at Hold with a USD 25.77 average target. Against the USD 32.16 reference price cited by MarketScreener, that consensus target is 19.90 percent lower.

Stock holds above prior close

At Lang & Schwarz, HP stock was trading at EUR 27.96 on October 1, 2026 at 3:00 p.m. CEST, up 0.61 percent versus the EUR 27.79 prior close. GetSignal lists November 24, 2026 as the next earnings date, giving the next results cycle a clear timetable.