HP Inc.’s Stock Price Plummets to $24.95, Suffers a Sharp 8.27% Decline

HP Inc. (HPQ)

24.95 USD -2.25 (-8.27%) Volume: 26.45M

HP Inc.’s stock price stands at 24.95 USD, witnessing a significant drop of -8.27% this trading session with a trading volume of 26.45M, reflecting the year-to-date trend of a -23.54% decrease, pointing towards a challenging market performance for HPQ.

Latest developments on HP Inc.

Hewlett Packard Co, also known as Hewlett Packard Enterprise (HPE), is facing challenges due to tariffs, leading to plans for a price hike and production shift. This news comes amidst reports of Nvidia’s AI chip ramp benefiting companies like Dell and Super Micro. As Hewlett Packard Co prepares to report earnings along with Nvidia and Salesforce, investors are closely watching how these developments will impact the stock price today.

HP Inc. on Smartkarma

Analysts on Smartkarma, like Vincent Fernando, CFA, are bullish on Hewlett Packard Co‘s commercial PC growth, noting the resilience in demand and the expansion of AI PC capabilities through NVIDIA chips. The emergence of new NVIDIA Blackwell-powered workstations is seen as a step-change in value for AI PCs, clarifying the path for improvements. HP’s ZGX AI Station with NVIDIA Chips marks a significant milestone in the AI PC upgrade cycle, signaling a positive outlook for the company.

On the other hand, Baptista Research highlights the challenges Hewlett Packard Co faces, particularly regarding tariffs. Despite a mixed picture in the company’s financial performance, strategic direction, and market challenges, there is optimism around the growth in AI-enabled PCs as a potential lifeline. While revenue growth exceeded expectations, declining profitability and adjusted earnings per share raise concerns. The market awaits to see if AI-powered PCs will catalyze HP Inc.’s future top-line growth amidst these challenges.

A look at HP Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Hewlett Packard Co shows a mixed long-term outlook. While the company scores high in areas such as Dividend and Resilience, indicating a strong payout to shareholders and ability to weather economic downturns, it lags behind in Value and Growth scores. This suggests that Hewlett Packard Co may not be seen as undervalued compared to its peers, and its growth potential may be limited in the coming years.

Overall, HP Inc. provides a range of imaging and computing products and services for both businesses and consumers worldwide. With a strong focus on dividends and resilience, the company aims to provide stable returns to investors and navigate through challenging market conditions. However, with lower scores in growth and value, Hewlett Packard Co may need to strategize and innovate to drive future growth and competitiveness in the industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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