HP Inc has a consensus price target of $33.33 based on the ratings of 20 analysts. The high is $40 issued by Evercore ISI Group on December 11, 2023. The low is $30 issued by Wells Fargo on May 30, 2024. The 3 most-recent analyst ratings were released by Loop Capital, Morgan Stanley, and Barclays on September 5, 2024, August 29, 2024, and August 29, 2024, respectively. With an average price target of $34.33 between Loop Capital, Morgan Stanley, and Barclays, there's an implied -2.26% downside for HP Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for HP (NYSE:HPQ) was reported by Loop Capital on September 5, 2024. The analyst firm set a price target for $35.00 expecting HPQ to fall to within 12 months (a possible -0.36% downside). 24 analyst firms have reported ratings in the last year.
The latest analyst rating for HP (NYSE:HPQ) was provided by Loop Capital, and HP maintained their hold rating.
The last upgrade for HP Inc happened on May 21, 2024 when Barclays raised their price target to $30. Barclays previously had an underweight for HP Inc.
The last downgrade for HP Inc happened on August 19, 2024 when Morgan Stanley changed their price target from N/A to $37 for HP Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of HP, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for HP was filed on September 5, 2024 so you should expect the next rating to be made available sometime around September 5, 2025.
While ratings are subjective and will change, the latest HP (HPQ) rating was a maintained with a price target of $37.00 to $35.00. The current price HP (HPQ) is trading at is $35.13, which is out of the analyst’s predicted range.
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