These Analysts Slash Their Forecasts On HP Following Downbeat Earnings

Benzinga

29 May

HP Inc (NYSE:HPQ) reported weaker-than-expected earnings for the second quarter on Wednesday.

HP reported second-quarter revenue of $13.22 billion, beating analyst estimates of $13.15 billion. The company reported second-quarter adjusted earnings of 71 cents per share, missing estimates of 80 cents per share, according to Benzinga Pro.

"In Q2, we delivered solid revenue growth, led by strong Commercial performance in Personal Systems and continued momentum behind our future of work strategy," said Enrique Lores, president and CEO of HP.

HP said it expects third-quarter adjusted earnings of 68 cents to 80 cents per share versus estimates of 90 cents per share. The company also lowered its full-year adjusted earnings outlook from a range of $3.45 to $3.75 per share to a new range of $3 to $3.30 per share. Analysts had been anticipating full-year adjusted earnings of $3.49 per share.

HP shares fell 6.4% to trade at $25.42 on Thursday.

These analysts made changes to their price targets on HP following earnings announcement.

JP Morgan analyst Samik Chatterjee maintained HP with an Overweight rating and lowered the price target from $30 to $27.
Barclays analyst Tim Long maintained HP with an Equal-Weight rating and cut the price target from $36 to $28.

Considering buying HPQ stock? Here’s what analysts think:

Read This Next:

Jim Cramer Says This Quantum Computing Stock Is ‘So High’ And ‘Too Speculative’

Photo via Shutterstock

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2539264658"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2539264658\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2539264658?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-29 23:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2539264658","market":"us","top_or_hot":-1,"title":"These Analysts Slash Their Forecasts On HP Following Downbeat Earnings","media":"Benzinga","content":"<html><body><p><strong>HP Inc</strong> (NYSE:HPQ) reported weaker-than-expected earnings for the second quarter on Wednesday.</p>\n<p>HP reported second-quarter revenue of $13.22 billion, beating analyst estimates of $13.15 billion. The company reported second-quarter adjusted earnings of 71 cents per share, missing estimates of 80 cents per share, according to Benzinga Pro.</p>\n<p>\"In Q2, we delivered solid revenue growth, led by strong Commercial performance in Personal Systems and continued momentum behind our future of work strategy,\" said Enrique Lores, president and CEO of HP.</p>\n<p>HP said it expects third-quarter adjusted earnings of 68 cents to 80 cents per share versus estimates of 90 cents per share. The company also lowered its full-year adjusted earnings outlook from a range of $3.45 to $3.75 per share to a new range of $3 to $3.30 per share. 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Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"580\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-1024x580.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-1024x580.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-768x435.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393.png 1100w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer Says This Quantum Computing Stock Is ‘So High’ And ‘Too Speculative’</strong> </li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Analysts Slash Their Forecasts On HP Following Downbeat Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Analysts Slash Their Forecasts On HP Following Downbeat Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-05-29 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>HP Inc</strong> (NYSE:HPQ) reported weaker-than-expected earnings for the second quarter on Wednesday.</p>\n<p>HP reported second-quarter revenue of $13.22 billion, beating analyst estimates of $13.15 billion. The company reported second-quarter adjusted earnings of 71 cents per share, missing estimates of 80 cents per share, according to Benzinga Pro.</p>\n<p>\"In Q2, we delivered solid revenue growth, led by strong Commercial performance in Personal Systems and continued momentum behind our future of work strategy,\" said Enrique Lores, president and CEO of HP.</p>\n<p>HP said it expects third-quarter adjusted earnings of 68 cents to 80 cents per share versus estimates of 90 cents per share. The company also lowered its full-year adjusted earnings outlook from a range of $3.45 to $3.75 per share to a new range of $3 to $3.30 per share. Analysts had been anticipating full-year adjusted earnings of $3.49 per share.</p>\n<p>HP shares fell 6.4% to trade at $25.42 on Thursday.</p>\n<p>These analysts made changes to their price targets on HP following earnings announcement.</p>\n<ul>\n<li>JP Morgan analyst Samik Chatterjee maintained HP with an Overweight rating and lowered the price target from $30 to $27.</li>\n<li>Barclays analyst Tim Long maintained HP with an Equal-Weight rating and cut the price target from $36 to $28.</li>\n</ul>\n<p><strong>Considering buying HPQ stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"580\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-1024x580.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-1024x580.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393-768x435.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29113043/image-393.png 1100w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer Says This Quantum Computing Stock Is ‘So High’ And ‘Too Speculative’</strong> </li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HPQ","symbol_name":"惠普","start_time":0,"source_url":"https://www.benzinga.com/25/05/45674650/these-analysts-slash-their-forecasts-on-hp-following-downbeat-earnings","article_id":"2539264658","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539264658","pubTimestamp":1748532773,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HPQ":"惠普","HP":"赫尔默里奇和佩恩材料"},"translate_title":"这些分析师在盈利悲观后大幅下调了对惠普的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HP":1,"HPQ":0.9},"content_text":"HP Inc (NYSE:HPQ) reported weaker-than-expected earnings for the second quarter on Wednesday.\nHP reported second-quarter revenue of $13.22 billion, beating analyst estimates of $13.15 billion. The company reported second-quarter adjusted earnings of 71 cents per share, missing estimates of 80 cents per share, according to Benzinga Pro.\n\"In Q2, we delivered solid revenue growth, led by strong Commercial performance in Personal Systems and continued momentum behind our future of work strategy,\" said Enrique Lores, president and CEO of HP.\nHP said it expects third-quarter adjusted earnings of 68 cents to 80 cents per share versus estimates of 90 cents per share. The company also lowered its full-year adjusted earnings outlook from a range of $3.45 to $3.75 per share to a new range of $3 to $3.30 per share. Analysts had been anticipating full-year adjusted earnings of $3.49 per share.\nHP shares fell 6.4% to trade at $25.42 on Thursday.\nThese analysts made changes to their price targets on HP following earnings announcement.\n\nJP Morgan analyst Samik Chatterjee maintained HP with an Overweight rating and lowered the price target from $30 to $27.\nBarclays analyst Tim Long maintained HP with an Equal-Weight rating and cut the price target from $36 to $28.\n\nConsidering buying HPQ stock? Here’s what analysts think: \n\nRead This Next: \n\nJim Cramer Says This Quantum Computing Stock Is ‘So High’ And ‘Too Speculative’ \n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}