Evercore ISI Group has downgraded HP Inc (HPQ) to an In-Line rating from Outperform, effective September 9, 2025. The current share price stands at $23.75.
This move underscores a shift in sentiment regarding HP's outlook, which may be influenced by competitive pressures, market conditions, or execution risks that could affect the company's performance. HP Inc, headquartered in Palo Alto, California, operates within the technology sector, providing personal computing and imaging products, as well as related services. The company employs 58,000 full-time staff and has a market capitalisation of $21.0 billion.
HP's recent earnings performance has shown mixed results. In Q3 2025, the company reported earnings per share (EPS) of $0.75, slightly below the estimate of $0.76. The P/E ratio stands at 7.95, with an EPS of 2.75 and a dividend yield of 515.2%.
The upcoming earnings report is scheduled for May 26, 2026, with an estimated EPS of $0.79 and revenue expectations of $13.5 billion. Analyst consensus indicates a Hold rating, with 2 Strong Buy, 3 Buy, 16 Hold, 1 Sell, and no Strong Sell recommendations as of November 1, 2025. This update provides insight into the evolving perspectives surrounding HP Inc's market position and financial outlook.