HPQ HP Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 8-month channel rising
Closed below support (US$30.98). Treat the buy level with caution.
- 8-month channel read from
- US$30.98 – US$44.70 · rising, more than +100% a year
- 12-month channel
- US$27.43 – US$40.34 · rising, +69% a year
- Price in channel
- −16% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$40.34
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -51% from US$36.2825 Nov 2024 → 24 Feb 2026
- Whose problem it was
- This company1 of 8 Computer Hardware peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 60%of what it lost
- What the record says
- 78% of 16 comparable falls came back, typically in 124 days measured on its own peer group
Fell -51% (25 Nov 2024 → 24 Feb 2026); regained 60% so far; company-specific.
Reported at the time: JP Morgan Maintains Overweight on HP, Lowers Price Target to $41 — 20 Nov 2024
Price history, with the path projected 3 months forward
Updated 9:08 PM ET (39 h ago)
- Daily close
- Upper trend line (8 months)
- Lower trend line (8 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$28.78
level as at 1 Nov 2026
Our target
US$37.41
by 20 Jan 2027
Projected move
30.0%
gross, before costs
Price is at or below our buy.
Target: HPQ's usual move size (30.0%), the best return per day on this path.
This move size: reached in 22% of 21 past stretches, typically in 80 days. (0.38% per day)
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 72%
- Fitted
- 1 Nov 2026
Company information
About HP Inc.
HP Inc. is a global technology company specializing in personal computing devices, imaging and printing solutions, and a variety of related technologies, software, and support services, serving clients both in the United States and worldwide. Its operations are structured into three main divisions: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers a broad array of computing hardware, including desktop and laptop personal computers for both business and individual consumers, along with specialized workstations, thin clients, commercial mobile devices, retail point-of-sale systems, displays, and various peripherals. This division also encompasses essential software, support, and associated services. The Printing division focuses on delivering printer hardware for both general consumers and commercial clients, alongside a full suite of supplies, comprehensive print solutions, and related services. Finally, the Corporate Investments segment is dedicated to fostering innovation through HP Labs, incubating new business ventures, and managing various investment projects. HP's extensive client base spans individual end-users, small and medium-sized enterprises (SMEs), and major corporations, reaching diverse sectors such as government, healthcare, and education. Established in 1939, the company initially operated as Hewlett-Packard Company before rebranding to HP Inc. in October 2015. Its corporate headquarters are located in Palo Alto, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- Bruce Dale Broussard
- Employees
- 55,000
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$25.95B
- Enterprise value
- —
- Beta
- 1.19
- Avg volume
- 14.55M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 17.56-36.23
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.