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Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

Experts believe that HPQ-N is on the verge of a significant growth cycle, driven by the introduction of a new line of AI PCs. The company reported a strong quarter, with total revenue slightly down but still better than expected. The build-out of data centers and the potential for a PC refresh cycle fueled by AI are seen as positive indicators for future performance. Shares are up significantly after the unveiling of AI PCs, and the company is also pivoting into the networking space by acquiring Juniper Networks.

Consensus
Bullish
Valuation
Undervalued
BUY ON WEAKNESS
Hewlett-Packard Co

They surprised people with that offering, but shares are cheap now at $17.

electrical / electronic
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TOP PICK
Hewlett-Packard Co

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.

electrical / electronic
BUY
Hewlett-Packard Co

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.

electrical / electronic
BUY
Hewlett-Packard Co

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.

electrical / electronic
BUY
Hewlett-Packard Co

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.

electrical / electronic
BUY ON WEAKNESS
Hewlett-Packard Co

It's not Dell. But they have the new AI PC. Should do well next quarter, not this one.

electrical / electronic
PAST TOP PICK
Hewlett-Packard Co
(A Top Pick Feb 22/23, Up 6%)

Pivoting into the networking space. Buying Juniper Networks. Own it here, south of $28, and just below $27.

electrical / electronic
BUY
Hewlett-Packard Co

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.

electrical / electronic
TOP PICK
Hewlett-Packard Co

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)
electrical / electronic
DON'T BUY
Hewlett-Packard Co
No. The PC business is weak, though he likes the CEO.
electrical / electronic
BUY
Hewlett-Packard Co
They reported today a clean top and bottom-line beat with OK, not great numbers (cash flow was a little light and the printing business fell short), but offered better than expected guidance for the current quarter and raised their full-year forecast a lot. Margins came in higher than expected, though.
electrical / electronic
BUY
Hewlett-Packard Co
This struggle pre-Covid, but the new CEO turned it around. Covid lockdowns boosted PC sales. One wrinkle was the attempted Xerox merger. last November saw 9.3% revenue growth, 52% earnings growth and bullish earnings guidance for the next quarter and 2022 fiscal. HP is eying some acquisitions. Their PC sales will be durable. Also, HP has a big printing division, not just in consumer PCs. Trades at 8.5x 2022 earnings. Cheap.
electrical / electronic
COMMENT
Hewlett-Packard Co
He doesn't follow this closely, but it's in a strong sector. HP probably suffered an earnings decline recently. He owns Apple and Google instead--he'd rather bet on tech here. Nothing wrong with HP though, but it's not as strong as these two.
electrical / electronic
DON'T BUY
Hewlett-Packard Co

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.

electrical / electronic
DON'T BUY
Hewlett-Packard Co

It's now selling at exactly FMV. Its balance sheet can't support a stock buyback. In fact, they should be issuing stock. There's no upside. He doesn't like it now.

electrical / electronic
Showing 1 to 15 of 186 entries

Hewlett-Packard Co(HPQ-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 6

Stockchase rating for Hewlett-Packard Co is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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. 6 analysts recommended to BUY the stock. 0 analysts 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 2024-12-13, Hewlett-Packard Co (HPQ-N) stock closed at a price of $34.55.