HP Inc (HPQ) Stock Forecast & Predictions

HP Inc HPQ: $28.67

1501 Page Mill Rd, Palo Alto, California, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.hp.com

  • Market Cap$34.44B
  • Change (52 Weeks)74.49%
  • Low (52 Weeks)$15.65
  • HP Inc (HPQ) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, HP Inc (HPQ) stock price is $28.67 and the 52 weeks low is $15.65, which means the HP Inc stock price is up 74.49% in the last 12 months.

    HP Inc (HPQ) Stock Price has been Trending Strongly with an ADX reading of 34.60 as per the Weekly Chart.

    A Upward trend indicates that HP Inc (HPQ) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that HPQ Stock price might rise further, 18.75% indicating that HPQ Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall HPQ stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    HP Inc (HPQ) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for HP Inc (HPQ) is based on 21 Institutional Analyst Ratings where 33.33% are on Strong Buy, 19.05% on Moderate Buy, 33.33% remains on Hold, 0.00% are on Moderate Sell and 14.29% are on Strong Sell.

    Out of 21 Institutional Analysts, majority recommended HPQ stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of HP Inc.

    HP Inc (HPQ) Stock Price Prediction By Analysts


    HighLowAverage
    $42.00$21.21$33.70
    $33.7017.56% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for HPQ set by the institutional analysts is $33.70 where High Estimate is $42.00, Median $33.15 and Low $21.21.

    The average price target for HPQ by Institutional Analysts is $33.70, which is 17.56% Upside from the current price. So according to the Institutional Analysts, HPQ Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    HP Inc (HPQ) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 433,085 investor portfolio.

    Our algorithm has analysed 433,085 investor portfolio with HPQ stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about HPQ and holding their positions hoping for a further rise in the stock price and more profit.

    HP Inc (HPQ) Stock Forecast Based on News Sentiment


    Bullish
    Based on 7 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about HPQ, it shows that HP Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that HPQ stock price may surge in the next few weeks.

    HP Inc (HPQ) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightUpgraded
    BarclaysUnderweightDowngraded
    Morgan StanleyOverweightUpgraded
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    B of A SecuritiesUnderperformMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Loop CapitalBuyMaintained
    B of A SecuritiesUnderperformMaintained
    JP MorganNeutralMaintained
    UBSNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralDowngraded
    Deutsche BankHoldMaintained
    CFRAHoldMaintained
    Credit SuisseNeutralMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralReiterated
    Longbow ResearchHoldMaintained
    Wells FargoEqual-WeightMaintained
    Argus ResearchBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    JP MorganOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsSellDowngraded
    Argus ResearchHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    Loop CapitalHoldDowngraded
    Credit SuisseNeutralMaintained
    Bank of AmericaUnderperformMaintained
    UBSNeutralDowngraded
    Wells FargoMarket PerformMaintained
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Evercore ISI GroupIn-LineDowngraded
    CitiNeutralMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralDowngraded
    BarclaysEqual-WeightInitiated
    JP MorganNeutralMaintained
    Deutsche BankHoldInitiated
    Evercore ISI GroupOutperformInitiated
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralInitiated
    BMO CapitalMarket PerformMaintained
    Bank of AmericaUnderperformDowngraded
    Standpoint ResearchBuyInitiated
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Maxim GroupBuyMaintained
    Bank of AmericaBuyMaintained
    Wells FargoMarket PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    Maxim GroupBuyMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Maxim GroupBuyUpgraded
    JP MorganOverweightUpgraded
    UBSBuyMaintained
    Maxim GroupHoldMaintained
    Deutsche BankBuyMaintained
    BMO CapitalMarket PerformMaintained
    Goldman SachsNeutralInitiated
    MizuhoNeutralDowngraded
    Morgan StanleyEqual-WeightDowngraded
    BarclaysEqual-WeightDowngraded
    Morgan StanleyOverweightMaintained
    Loop CapitalBuyMaintained
    CitigroupBuyMaintained
    Bank of AmericaBuyMaintained
    Loop CapitalBuyInitiated
    RBC CapitalOutperformUpgraded
    SusquehannaNeutralInitiated
    MizuhoBuyUpgraded
    BarclaysOverweightUpgraded
    CitigroupBuyUpgraded
    Wells FargoOutperformUpgraded
    UBSBuyUpgraded
    GuggenheimNeutralInitiated
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    UBSNeutralMaintained
    Maxim GroupHoldDowngraded
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyOverweightMaintained
    BarclaysEqual-WeightMaintained
    JP MorganNeutralMaintained
    Deutsche BankBuyMaintained
    BarclaysEqual-WeightMaintained
    Wells FargoMarket PerformDowngraded
    BMO CapitalMarket PerformInitiated
    Credit SuisseOutperformMaintained
    Maxim GroupBuyUpgraded
    Deutsche BankHoldMaintained
    Brean CapitalBuyInitiated
    UBSNeutralInitiated
    JP MorganNeutralDowngraded
    BarclaysEqual-WeightUpgraded
    CitigroupNeutralDowngraded
    BernsteinOutperformInitiated
    Credit SuisseOutperformInitiated
    Goldman SachsNeutralInitiated
    Deutsche BankBuyMaintained
    BarclaysUnderweightInitiated
    Sterne Agee CRTNeutralInitiated
    JP MorganOverweightMaintained
    UBSBuyMaintained
    RBC CapitalSector PerformMaintained
    MizuhoNeutralMaintained
    FBR CapitalSector PerformMaintained
    Cantor FitzgeraldHoldMaintained
    BMO CapitalMarket PerformMaintained
    RBC CapitalSector PerformMaintained
    BMO CapitalMarket PerformMaintained
    Maxim GroupHoldInitiated
    Cross ResearchBuyUpgraded
    JefferiesBuyUpgraded
    JefferiesHoldMaintained
    CitigroupBuyMaintained
    BarclaysEqual-WeightDowngraded
    UBSBuyUpgraded
    Tigress FinancialNeutralDowngraded
    CitigroupBuyMaintained
    Pacific CrestSector PerformDowngraded
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    JefferiesHoldInitiated
    Brean CapitalBuyMaintained
    Credit SuisseOutperformUpgraded
    UBSNeutralMaintained
    FBN SecuritiesOutperformUpgraded
    BarclaysOverweightMaintained
    Monness Crespi HardtBuyUpgraded
    S&P Capital IQStrong BuyUpgraded
    Goldman SachsNeutralUpgraded
    UBSNeutralMaintained
    Brean CapitalBuyMaintained
    Pacific CrestOutperformUpgraded
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyInitiated
    BarclaysOverweightUpgraded
    Argus CapitalBuyUpgraded
    Bank of AmericaBuyUpgraded
    JP MorganOverweightUpgraded
    Wells FargoOutperformMaintained
    Evercore PartnersEqual-weightUpgraded
    Deutsche BankSellMaintained
    NeedhamHoldUpgraded
    MizuhoNeutralUpgraded
    BMO CapitalMarket PerformMaintained
    Cantor FitzgeraldHoldInitiated
    UBSNeutralMaintained
    BMO CapitalMarket PerformMaintained
    JP MorganNeutralMaintained
    CitigroupBuyUpgraded
    Brean CapitalBuyUpgraded
    Wells FargoOutperformUpgraded
    JP MorganNeutralMaintained
    JefferiesHoldUpgraded
    JefferiesUnderperformMaintained
    Goldman SachsSellDowngraded
    Tigress FinancialBuyInitiated
    Morgan StanleyOverweightUpgraded
    UBSNeutralUpgraded
    JefferiesUnderperformMaintained
    Deutsche BankSellMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    JP MorganNeutralUpgraded
    TopekaSellDowngraded
    RBC CapitalSector PerformDowngraded
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    Raymond JamesMarket PerformDowngraded
    MizuhoUnderperformDowngraded
    FBN SecuritiesSector PerformMaintained
    UBSSellMaintained
    BarclaysEqual-WeightMaintained
    CitigroupSellInitiated
    Sterne AgeeNeutralDowngraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    Sterne AgeeBuyMaintained
    JP MorganUnderweightMaintained
    JefferiesUnderperformMaintained
    ISI GroupBuyMaintained
    Goldman SachsNeutralMaintained
    FBN SecuritiesSector PerformMaintained
    Deutsche BankSellMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaNeutralDowngraded
    Goldman SachsNeutralMaintained
    JefferiesUnderperformDowngraded
    JefferiesHoldMaintained
    Goldman SachsNeutralMaintained
    FBN SecuritiesSector PerformMaintained
    Deutsche BankSellMaintained
    Credit SuisseNeutralMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    UBSSellInitiated
    Raymond JamesOutperformMaintained
    BarclaysEqual-WeightMaintained
    JefferiesHoldMaintained
    BarclaysEqual-WeightMaintained
    JefferiesHoldDowngraded
    Sterne AgeeBuyMaintained
    FBN SecuritiesSector PerformMaintained
    Bank ofericaBuyMaintained
    JefferiesBuyMaintained
    Oxen GroupHoldInitiated
    UBSNeutralMaintained

    HP Inc (HPQ) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.845
    The average consensus EPS for HPQ is $0.845 with a high estimate of $0.935 and Low of $0.784 for the period 2021-09-30 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.93$0.8984962021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.8984962021-09-30
    $0.93$0.8984962021-06-30
    $0.92$0.66848869999999992021-03-31
    $0.62$0.5280282020-12-31
    $0.49$0.432482000000000032020-09-30
    $0.51$0.44649072020-06-30
    $0.65$0.547422020-03-31
    $0.6$0.58356792019-12-31
    $0.58$0.55291442019-09-30
    $0.53$0.51827142019-06-30
    $0.52$0.51935212019-03-31
    $0.54$0.54475362018-12-31
    $0.52$0.51131252018-09-30
    $0.48$0.48143672018-06-30
    $0.48$0.42123062018-03-31
    $0.44$0.44689472017-12-31
    $0.43$0.42479592017-09-30
    $0.4$0.392892017-06-30
    $0.38$0.37263952017-03-31
    $0.36$0.366256300000000032016-12-31
    $0.48$0.447561300000000052016-09-30
    $0.41$0.38204262016-06-30
    $0.36$0.36317582016-03-31
    $0.3$0.45272242015-12-31
    $0.88$0.85963122015-09-30
    $0.87$0.86346922015-06-30
    $0.92$0.92160482015-03-31
    $1.06$1.06628730000000022014-12-31
    $0.89$0.89426412014-09-30
    $0.88$0.88723449999999992014-06-30
    $0.9$0.85138960000000012014-03-31
    $1.01$1.008992013-12-31
    $0.86$0.8723372013-09-30
    $0.87$0.81670622013-06-30
    $0.82$0.71605972013-03-31
    $1.16$1.14930932012-12-31
    $1$0.98942632012-09-30
    $0.98$0.921122012-06-30
    $0.92$0.87591242012-03-31
    $1.17$1.143322011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).