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Hewlett-Packard Co (HPQ-N)
NYSE:HPQ
33.15
0.33
(1.01%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 7 opinions in the last 12 months.
Hewlett-Packard Co (HPQ-N) has received mixed reviews from experts. Some analysts express disappointment in the company's recent AI PC announcements, suggesting that these products may not significantly impact earnings until well into 2024. Despite a low price-to-earnings (PE) ratio and a reasonable dividend yield, there are sentiments that better investment opportunities exist elsewhere. However, other experts highlight a strong quarterly performance, mentioning a notable revenue beat and a 20% increase in shares over the past month, attributed to the new AI PC line and a forthcoming PC refresh cycle. Additionally, HP's valuation compared to Dell's suggests that it is relatively cheaper, yet the potential of the AI PC lineup might spur growth in the coming quarters, positioning HP as a key player in the evolving market.
They surprised people with that offering, but shares are cheap now at $17.
HP trades at 11.83x compared to Dell’s 28x. It also pays a 3.18% dividend vs. Dell’s 1.28%. Though the two companies make up half the market’s PC sales, HP says its new line of AI PC’s won’t make a dent in their earnings until the second half of 2024 and particularly 2025. The company’s Q2 total revenue for was $12.8 billion, down slightly from last year's $12.91 billion, but better than the $12.59 billion the street expected.
$34.630
Unknown
They lead the coming new cycle in PCS, driven by AI. HP unveiled its line of AI PCs 3 weeks ago, then reported a great quarter. Shares are up 20% in the past month.
Yesterday, they reported a fantastic quarter, making it clear that the build-out of data centres is not done and in fact are in the early innings of AI.
HP jumped 30% in May after unveiling a new line of AI PCs--and there's a PC refresh cycle coming fueled by AI. HP could be the first. Also, HP delivered an earnings beat last week.
It's not Dell. But they have the new AI PC. Should do well next quarter, not this one.
Pivoting into the networking space. Buying Juniper Networks. Own it here, south of $28, and just below $27.
They just reported, up 15% this year so far. But the quarter was mixed though mostly beat expectations: sales were a tad light, earnings beat though, excellent cash flow, good operating margin and raised their full-year forecast.
Imaging and printing, personal computing, SaaS. Proceeds from SHOP and NVDA were used to buy this one. Reminds him of ORCL. Strong cashflows, mature business, stable market share, returning significant amounts back to shareholders, progress on efficiencies. Attractive PE in mid-teens. Price target of $39.50. Different from HPE stock. Yield is 3.59%.
(Analysts’ price target is $29.30)The problem with this company is that it is a slow growth business. In the tech world there are companies that grow much faster. There are better opportunities out there where you are not paying a huge multiple for them.
Hewlett-Packard Co(HPQ-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 6
Hewlett-Packard Co(HPQ-N) Frequently Asked Questions
What is Hewlett-Packard Co stock symbol?
Hewlett-Packard Co is a American stock, trading under the symbol HPQ-N on the New York Stock Exchange (HPQ). It is usually referred to as NYSE:HPQ or HPQ-N
Is Hewlett-Packard Co a buy or a sell?
In the last year, 6 stock analysts published opinions about HPQ-N. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hewlett-Packard Co.
Is Hewlett-Packard Co a good investment or a top pick?
Hewlett-Packard Co was recommended as a Top Pick by on . Read the latest stock experts ratings for Hewlett-Packard Co.
Why is Hewlett-Packard Co stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Hewlett-Packard Co worth watching?
6 stock analysts on Stockchase covered Hewlett-Packard Co In the last year. It is a trending stock that is worth watching.
What is Hewlett-Packard Co stock price?
On 2025-02-11, Hewlett-Packard Co (HPQ-N) stock closed at a price of $33.15.
The AI PC has disappointed--he expected it to mean more and doesn't expect it to. There are better stocks out there, despite a low 9x PE and 3.64% dividend. Shares are -8% the past month. Nothing will move the needle here.