HP warns of 2027 PC decline affecting HP Inc stock

Published on 10/01/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 15.70 billion, up 13.00 percent in fiscal 2026 third quarter. HP Inc stock costs EUR 27.63 on October 1, 2026 versus EUR 27.79.

Modernes Technologiebüro von HP Inc. mit Computern, Monitoren und Laserdruckern — HP Inc. Büroarbeitsplätze mit Computern und Druckern im modernen Technologiebüro, ISIN US40434L1052, Illustration mit AI erstellt.

HP Inc (ISIN US40434L1052) was trading at EUR 27.63 at Lang & Schwarz on October 1, 2026 at 12:40 p.m. CEST, down 0.58 percent versus the prior close of EUR 27.79 on September 30, 2026. As Barchart reported on September 27, 2026, HP expects industry-wide PC unit volumes to decline by a mid-single-digit percentage in 2027 versus 2026.

PC growth meets a volume warning

The warning follows a strong fiscal third quarter. According to The Globe and Mail on August 26, 2026, revenue reached USD 15.70 billion, up 13.00 percent year over year, while non-GAAP earnings per share rose 11.00 percent to USD 0.83.

Personal Systems supplied the main growth engine: revenue increased 18.00 percent to USD 11.80 billion, even as unit volumes fell 16.00 percent. The combination points to pricing and product mix doing more work than shipment growth, a key distinction as higher memory costs pressure demand.

Guidance rises as margins face pressure

HP raised fiscal 2026 non-GAAP earnings per share guidance to USD 3.19-3.29 from USD 2.90-3.10, according to The Globe and Mail on August 26, 2026. Full-year free cash flow guidance also rose to USD 3.00-3.20 billion.

The outlook is balanced rather than one-directional. Personal Systems operating margin was 4.60 percent in the quarter, while Print operating margin reached 18.10 percent; management also expects higher input costs to pressure fourth-quarter margins.

Stock trades below its yearly high

HPQ was last quoted at USD 31.28 on the NYSE at 4:00 p.m. ET on September 30, 2026, with a market capitalization of USD 28.6 billion and a 52-week range of USD 17.56 to USD 36.23. The dollar quote is separate from the euro reference price used for German investors.

At Lang & Schwarz, HP stock was trading at EUR 27.63 on October 1, 2026 at 12:40 p.m. CEST, down 0.58 percent versus the prior close of EUR 27.79 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of HP Inc stock.