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HP Inc.

HPQ Technology Unknown Updated July 31, 2026
$27.27
52W $17.56 – $29.65
56/100
$24.94B
10.0
1.21
AI Committee Verdict
Watch
Conviction: Contested · 57% agreement · 7 analysts
+6.3%
-6.7%
0.94:1
Contested

Is HPQ Bullish or Bearish?

Mixed. Innellis AI committee rates HP Inc. (HPQ) Watch with a composite score of 56/100 , based on 7 analysts with 57% agreement. Last updated July 31, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +3.62 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -16.38 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Value Analyst sees a compelling case — p/e of 9.7 is inexpensive for the broad market. Risk Analyst remains cautious — current ratio of 0.77 is tight -- limited short-term liquidity cushion. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • P/E of 9.7 is inexpensive for the broad market — Value
  • Price-to-book of 0.9x is a discount to asset value — Value
  • ROE of 16.9% shows genuine earnings power backing the valuation — Value
  • Dividend yield of 4.5% pays you to wait — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Price structure making higher highs and higher lows — Technical
Bear Case
  • Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend — Technical
  • Current ratio of 0.77 is tight -- limited short-term liquidity cushion — Risk
  • Bollinger bandwidth of 27.2% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of July 31, 2026
Overall Committee Score
56/100
Agreement
57%
Analysts
7
Conviction
Contested
Sector Rank
Top 29%
of 172 Technology peers
Value Analyst bullish
76 / 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 9.7 is inexpensive for the broad market
Growth Analyst bullish
62 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
Technical Analyst neutral
59 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend
Risk Analyst bearish
35 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Current ratio of 0.77 is tight -- limited short-term liquidity cushion
Macro Analyst neutral
58 / 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
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Investment Thesis Evolution

Committee score moved marginally from 56.7 to 56.4.

Analyst-level changes:
  • Macro Analyst: stance bullish->neutral; score 65->58 (-8); +1 bullish signal(s).
  • News Analyst: stance bullish->neutral.
  • Portfolio Manager: +2 bearish signal(s).
  • Risk Analyst: +1 bearish signal(s).
  • Technical Analyst: score 51->59 (+8).
  • Value Analyst: +2 bullish signal(s).

Comparing 2026-07-30 to 2026-07-31 (1 day apart).

Technical Analysis

RSI (14)
63.2
Neutral
MACD Histogram
0.321
Bullish Momentum
Trend Direction
Uptrend
Weekly: Downtrend
Market Structure
Hh Hl
Support
$25.45
Resistance
$28.98
Bollinger %B
0.84
Inside Bands
Price vs Moving Averages
EMA 9
$26.56 Above
EMA 21
$25.46 Above
EMA 50
$24.26 Above
EMA 200
$23.37 Above

Fundamental Analysis

Valuation
83
Growth
71
Profitability
0
Financial Health
50
Cash Flow
37
Valuation
P/E Ratio 10.0×
P/B Ratio
PEG Ratio 2.00
Dividend Yield 0.04%
52W High $29.65
52W Low $17.56
Quality & Growth
ROE -730.9%
ROA 6.0%
Gross Margin 20.2%
Operating Margin 5.5%
Revenue Growth YoY
Debt / Equity
AI Fundamental Assessment
P/E ratio of 10.0 (inexpensive relative to a 15-40x range); Price-to-book of -174.6x; PEG ratio of 2.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -7.3%; Return on assets of 0.1%; Net margin of 0.0%; Gross margin of 0.2%; Current ratio of 0.79 (tight short-term liquidity); Debt-to-equity of -67.12; Free cash flow margin of 0.8% (thin cash generation); Free cash flow per share is positive (4.10); Most recent quarter beat estimates by 19.8%; 2 consecutive earnings beats; EPS growth accelerating (-12.9% -> +6.2% QoQ); Analyst estimates falling over recent quarters
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Explore HPQ Further

📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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