HPQ Price Prediction Next Week
Based on the recent data and market developments, here's the analysis for HPQ's price prediction for the next trading week:
Technical Analysis
- Current price shows significant weakness after falling 6.8% following disappointing Q2 guidance
- Stock is trading below both 50-day and 200-day moving averages, indicating bearish momentum
- RSI indicates oversold conditions but continued selling pressure likely due to weak guidance
Fundamental Factors
- Q1 revenue beat expectations at $13.5B vs $13.36B estimate
- Personal Systems segment revenue grew 5% to $9.2B with 10% growth in commercial revenue
- However, Q2 adjusted EPS guidance of $0.75-0.85 missed consensus of $0.86
- Additional 1,000-2,000 layoffs announced as part of restructuring
Key Price Drivers
- Negative: New 10% tariffs on Chinese imports starting March 4 will pressure margins
- Positive: Windows 10 end-of-support in October expected to drive PC refresh cycle
- Positive: Growing demand for AI-capable systems could support sales
- Negative: Supply chain disruption risks as company moves production out of China
Price Prediction for Next Week
- Bearish target: $31.50 (Support level)
- Base case target: $33.00
- Bullish target: $34.50 (Resistance level)
Recommendation: SELL
- Weak guidance, margin pressures from tariffs, and technical weakness suggest further downside
- Wait for price stabilization and improved guidance before considering new positions
- Current price action and fundamentals don't support a bullish stance in the near term
HPQ Similar Chart Price Prediction
The price of HPQ is predicted to go up -12.7%, based on the high correlation periods with FRSX. The similarity of these two price pattern on the periods is 93.47%.
HPQ
FRSX
Down: -12.7%Similarity: 93.47%
HPQ Revenue Forecast
HPQ EPS Forecast
HPQ FAQs
What is bull’s view on HPQ?
What is bear's view on HPQ?
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HPQ VS S&P500
HP generates steady free cash flow and returns this cash to shareholders via dividends and buybacks. High cash flow and low future expectations are not a bad combination.
If AI-enabled PCs take off, it could spur the next major PC refresh cycle and even structurally boost demand for PCs.
One or more of HP's current growth plays (gaming, workplace peripherals, and 3D printing) could lead to an improved growth outlook over time.
HPQ Analyst's Forecast
Aaron Rakers
Wells Fargo
Sell
2025-02-20
Price Target
$30 → $35
Upside
+0.81%
Wells Fargo analyst Aaron Rakers raised the firm's price target on HP Inc. to $35 from $30 and keeps an Underweight rating on the shares. While the firm continues to expect HP Inc. to benefit from the ongoing AI PC cycle, it sees the firm facing increased headwinds in its IPG segment as the threat of tariffs, competitive pricing environment, and inflation hit.
Toni Sacconaghi
Bernstein
Hold
2025-01-03
Price Target
$32 → $34
Upside
+2.6%
Stephen Bersey
HSBC
Strong Buy → Hold
2024-11-29
Price Target
$39 → $38
Upside
+7.25%
