- HP Inc. (HPQ, Financial) delivered underwhelming Q2 results, stirring investor concerns with cautious guidance.
- Analyst price targets suggest a potential upside of 17.45% from the current stock price.
- GuruFocus forecasts a GF Value increase, indicating a promising potential for future growth.
HP Inc. (HPQ) recently unveiled its second-quarter results, which did not meet market expectations. These disappointing figures, combined with a cautious outlook, have understandably unsettled investors. As part of its strategic response, HP aims to achieve $2 billion in cost savings by 2025, addressing the impacts of tariffs on its supply chain.
Wall Street Analysts' Projections and Recommendations
In the wake of these results, 13 Wall Street analysts have set one-year price targets for HP Inc. (HPQ, Financial). The average target price stands at $31.95, with estimates ranging from a high of $38.00 to a low of $27.00. This average target reflects a potential upside of 17.45% from the current stock price of $27.20. For a more detailed breakdown of these estimates, visit the HP Inc (HPQ) Forecast page.
Analyst consensus from 16 brokerage firms currently rates HP Inc. (HPQ, Financial) at 2.8, categorizing it as a "Hold." The rating system spans from 1, denoting a Strong Buy, to 5, which indicates a Sell.
Evaluating HP Inc's GF Value Forecast
Looking further into the financial forecast, GuruFocus's estimated GF Value for HP Inc. (HPQ, Financial) in one year is projected at $32.44. This suggests a potential upside of 19.26% from its current price of $27.20. GuruFocus's GF Value represents the fair market value at which the stock is anticipated to trade, determined by considering historical trading multiples, past business growth, and future performance estimates. For additional insights, explore the detailed data available on the HP Inc (HPQ) Summary page.
