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Stocks/Information Technology/Technology Hardware, Storage & Peripherals

HPHPQ

Technology Hardware, Storage & Peripherals · Palo Alto, California · In the S&P 500
Cheaper than peers
$28.78−9.58%After hours: $28.87 (+0.31%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 3.9% over 1 year
HP over 1 yearDaily close, $, to 30 Oct 2026
$20$25$30$35Nov2026MarMayJulSep$28.78$20NovMarJul$28.78
Source: Nasdaq daily closes
Market value$25.95B
Price to earnings11.0x
Forward P/E9.6x
Dividend yield4.17%
Year to date+29.2%
One year+3.9%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$18.20$35.48

The latest on HP

Our stories first, then the headlines that could move it, newest first.

NewWhy it moved

Dell Technologies (DELL) Shares Slide After Intel Warns on the PC Market

Quality and valuation

How HP compares with other information technology stocks. A description, not a recommendation.

HP and 7 technology hardware, storage & peripherals peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: weaker than mostValuation: cheaper than most

A weaker business than most information technology companies, priced below most of them.

HP trades at 9.6 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +8.1% vs +20.6%
  • Keeps less of each sale (gross margin): 19.9% vs 61.5%
  • Less profitable (operating margin): 5.4% vs 17.0%
  • Turns less of its sales into cash: 6.6% vs 21.7%
HPQ trades at 9.6x forward earnings, below the sector medianForward p/e, Technology Hardware, Storage & Peripherals peers
SNDK5.4xHPQ9.6xHPE11.9xWDC14.9xDELL15.0xSTX16.0xAAPL37.4xP38.9xSector median 22.2xSNDK5.4xHPQ9.6xHPE11.9xWDC14.9xDELL15.0xSTX16.0xAAPL37.4xP38.9xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 11.0x earnings, HPQ is pricier than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
8x10x12xAverage 10.1x2025202611.0x8x10x12xAverage 10.1x2025202611.0x
Source: Nasdaq prices; SEC filings

Financials

From HP's SEC filings, through the quarter ending 31 Jul 2026. Hover or tap a bar for its value.

Revenue grew 12.5% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$5bn$10bn$15bnQ4 ’24Q2 ’25Q4 ’25$15.7bnQ3 ’26$0bn$10bnQ4 ’24Q2 ’25Q4 ’25$15.7bnQ3 ’26
Source: SEC filings
Growth sped up to +12.5% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’2512.5%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’2512.5%Q3 ’26
Source: SEC filings
Operating margin was 5.7% last quarterOperating income as a share of revenue, %
0%2%4%6%Q4 ’24Q2 ’25Q4 ’255.7%Q3 ’260%2%5%Q4 ’24Q2 ’25Q4 ’255.7%Q3 ’26
Source: SEC filings
Free cash flow was $3.9 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bn$1.5bnQ4 ’24Q2 ’25Q4 ’25$1.6bnQ3 ’26$0bn$1bnQ4 ’24Q2 ’25Q4 ’25$1.6bnQ3 ’26
Source: SEC filings
Last 12 monthsHPQSector median
Revenue growth+8.1%+20.6%
Gross margin19.9%61.5%
Operating margin5.4%17.0%
Free cash flow margin6.6%21.7%
Price to earnings11.0x33.1x

Similar companies

Technology Hardware, Storage & Peripherals, by market value.

CompanyPriceTodayYTDValue
AAPLApple$344.63−1.23%+26.8%$5.03T
DELLDell Technologies$424.30−10.77%+237.1%$270B
SNDKSandisk$1,150.89−13.47%+384.8%$166B
STXSeagate Technology$644.58−7.98%+134.1%$148B
WDCWestern Digital$366.11−7.41%+112.5%$137B
HPEHewlett Packard Enterprise$55.09−6.42%+129.4%$73.13B
PEverpure$126.98−7.45%+89.5%$42.31B
NTAPNetApp$199.18−8.81%+86.0%$39.12B