HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
The chart shows the growth of an initial investment of $10,000 in HP Inc., comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
HP Inc. (HPQ) has returned -13.44% so far this year and -10.59% over the past 12 months. Looking at the last ten years, HPQ has achieved an annualized return of 4.77%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
HPQ
1M1.35%
6M-27.17%
YTD-13.44%
1Y-10.59%
5Y-9.97%
10Y4.77%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of HP Inc. (HPQ) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
-13.75%
-2.52%
2.62%
1.61%
2025
-0.58%
-2.65%
-10.91%
-8.29%
-3.00%
-1.92%
2.02%
16.39%
-2.92%
1.77%
-11.52%
-7.17%
2024
-3.72%
-1.15%
4.21%
-7.14%
30.36%
-4.05%
2.53%
0.57%
-0.33%
1.37%
-0.17%
-8.73%
2023
7.93%
1.65%
-2.04%
1.26%
-2.68%
4.92%
6.94%
-8.78%
-14.19%
2.69%
11.09%
3.37%
2022
-2.60%
-6.78%
6.11%
1.38%
6.06%
-17.56%
2.20%
-13.13%
-11.82%
9.00%
7.52%
-10.76%
2021
-1.46%
18.34%
8.10%
6.33%
-14.86%
1.58%
-4.59%
2.38%
-7.85%
10.19%
15.98%
4.67%
2020
3.09%
-2.85%
-16.94%
-4.55%
0.20%
15.81%
0.98%
11.14%
-2.76%
-5.97%
20.63%
10.67%
2019
9.99%
-10.97%
-2.46%
1.12%
-6.37%
10.88%
-0.38%
-13.03%
4.70%
-8.82%
15.14%
2.85%
2018
10.10%
0.73%
-6.60%
-1.60%
2.70%
2.48%
2.40%
6.53%
5.06%
-6.43%
-5.12%
-12.56%
2017
0.67%
14.88%
1.30%
4.96%
-0.48%
-6.72%
8.58%
-0.31%
4.61%
8.07%
-0.69%
-1.73%
2016
0.49%
9.14%
-5.78%
11.63%
2.20%
7.92%
-6.27%
6.13%
-3.70%
Performance Indicators
The charts below present risk-adjusted performance metrics for HP Inc. (HPQ) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of HPQ compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current HP Inc. volatility is 1.74%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2024
2023
2022
2021
2020
2019
2018
2016
2015
2014
2013
2012
2011
2010
2009
Liabilities And Equity (USD)
39.91B
37.00B
38.59B
38.61B
34.68B
33.47B
34.62B
29.01B
106.88B
103.21B
105.68B
108.77B
129.52B
124.50B
114.80B
Equity Attributable To Parent (USD)
-1.32B
-1.07B
-2.92B
-1.65B
-2.23B
-1.19B
-639.00M
-3.89B
27.77B
26.73B
27.27B
22.44B
38.63B
40.45B
40.52B
Equity Attributable To Noncontrolling Interest (USD)
HP Inc. trades at an attractive P/E ratio of 7 with a 6%+ dividend yield, but the stock remains in a multi-year downtrend. While the company generates strong free cash flow and offers shareholder returns, the market discounts its lack of growth prospects in mature hardware segments like PCs and printing. The key question is whether HP's AI-enabled device strategy can drive a meaningful upgrade cycle and shift investor sentiment, with the June earnings report being critical to validate this narrative.
Investing.com•Sam Quirke
AI Insight
HP presents a mixed picture: attractive valuation metrics (P/E of 7, 6%+ dividend yield) and strong free cash flow support a bullish case, but the stock's multi-month downtrend and lack of revenue growth reflect market skepticism about its core hardware business. The AI narrative offers potential upside, but lacks concrete evidence of revenue translation. The neutral sentiment reflects this balance between fundamental attractiveness and market-driven pessimism, with upcoming earnings as a potential catalyst.
IGEL announced the winners of its 2026 Ready Partner of the Year Awards at the IGEL Now & Next conference in Miami Beach. The awards recognized partners excelling in secure endpoint solutions and cloud workspace deployment. Winners included Nutanix (Global Partner), Omnissa (Technology Partner), HP (Accelerated Growth), Imprivata (Application Excellence), and NVIDIA (Cybersecurity Excellence).
GlobeNewswire Inc.•Not Specified
AI Insight
Won IGEL Ready Accelerated Growth Partner of the Year 2026, indicating strong partnership growth and contribution to IGEL's ecosystem expansion.
With S&P 500 dividend yields at just 1.1%, income investors are turning to high-yield alternatives. The article highlights three quality dividend stocks yielding over 5%: HP Inc. (5.0% yield), Kimberly-Clark (5.0% yield with 54 consecutive years of increases), and EPR Properties (6.6% yield with a major Six Flags acquisition).
Investing.com•Bob Ciura
AI Insight
Company shows solid Q4 revenue growth (4% YoY) and beat earnings estimates, but faces headwinds from declining operating margins, weak forward guidance, and structural challenges in printing/computing markets. Growth relies heavily on buybacks rather than organic business expansion.
The article recommends Western Union and HP as two ultra-high-yield dividend stocks suitable for income investors seeking sustainable payouts. Western Union offers a 9.66% dividend yield with improving digital money transfer services, while HP provides a 6.39% yield with 15 consecutive years of dividend increases and a low 36% payout ratio, supported by cost reduction initiatives and AI computer sales growth.
The Motley Fool•Dave Kovaleski
AI Insight
HP offers a solid 6.39% dividend yield with 15 consecutive years of dividend increases and a sustainable 36% payout ratio. The company has strong free cash flow projections ($2.8-3 billion for fiscal 2026), cost reduction plans, and growth catalysts from AI computers and PC buying cycles. Stock trades at attractive 7x earnings valuation.
Soaring memory chip prices driven by AI infrastructure demand are expected to severely hurt PC shipments in 2026, with prices surging 17% and shipments declining 10.4%. HP faces significant margin pressure with limited mitigation options, while Apple is strategically launching a budget MacBook Neo at $599 to capture Windows PC users during the memory crunch, positioning itself for stronger Mac market share growth.
The Motley Fool•Timothy Green
AI Insight
HP faces severe headwinds from memory and storage costs rising from 15-18% to 35% of bill of materials. The company has limited mitigation options and no meaningful AI business to offset declines. PC operating margins expected to fall below long-term targets, with shipments declining 10.4% industry-wide.
Oracle's aggressive AI and cloud services expansion positions it for strong earnings growth with potential for another surprise, while HP faces headwinds in the PC market despite printer dominance. Adobe shows improving momentum with positive analyst revisions driven by generative AI tools.
Investing.com•Louis Navellier
AI Insight
Facing headwinds in PC market with aggressive competition from Microsoft Surface and Apple. While printer market dominance exists, it shows declining demand over time. Sales expected to rise only 6.6% with earnings growth of just 0.4%. Analysts have trimmed estimates over past 90 days and past week.
The article highlights three undervalued dividend stocks with yields averaging 5.68%: Sirius XM Holdings (4.92% yield) benefits from its satellite radio monopoly and subscription-based revenue model; HP Inc. (6.3% yield) faces PC margin compression from rising memory costs but maintains strong demand; and Campbell's Co. (5.79% yield) is pressured by weak snack sales and tariffs but is pursuing cost efficiencies and organic growth initiatives. All three trade at significant discounts to their historical valuations.
The Motley Fool•Sean Williams
AI Insight
Despite recent 50% share decline due to rising memory costs, the company shows strong PC demand (up 16% in Q1) with AI PCs driving growth. Trading at 6x forward P/E, a 24% discount to historical average, with printing segment providing meaningful cash flow.
AMD's momentum score climbed to 90.84 (top 10% of market) following the launch of Ryzen AI 400 Series desktop processors for Copilot+ experiences. Despite a 7.26% YTD decline, the company maintains strong fundamentals with a quality score of 93.86. Strategic partnerships with Flex for U.S. manufacturing, Meta ($60B multiyear deal), and PC manufacturers (Dell, HP, Lenovo) for Q2 2026 shipments support long-term growth prospects.
Benzinga•Rishabh Mishra
AI Insight
Selected as a distribution partner for AMD's Ryzen AI 400 Series desktop processors launching Q2 2026, representing a product opportunity but with neutral sentiment as it's a partnership role rather than core business driver.
AMD announced the launch of Ryzen AI 400 Series and Ryzen AI PRO 400 Series desktop processors at Mobile World Congress 2026, positioning them as the world's first desktop processors supporting Microsoft Copilot+ PC experiences. The new processors feature up to 50 TOPS of AI compute via dedicated NPUs and deliver up to 30% faster multithreaded performance than competitors. AMD is expanding its enterprise PC solutions through the AMD PRO platform with enhanced security and manageability features. OEM partners including HP, Lenovo, and Dell are expected to launch systems powered by these processors starting in Q2 2026.
GlobeNewswire Inc.•Amd Communications
AI Insight
HP is announced as an OEM partner for both desktop and mobile workstation systems powered by Ryzen AI 400 Series processors, positioning the company to offer next-generation AI PCs starting Q2 2026.
The week saw escalating US-Taiwan trade tensions following the Supreme Court's strike-down of Trump's emergency tariff authority, prompting new tariff rollouts. Major tech companies reported mixed earnings results, with Amazon announcing a $12B US investment and Apple shifting Mac Mini production to Texas. AI developments dominated headlines with OpenAI's Frontier Alliances program, Microsoft's Sovereign Cloud expansion, and concerns over Chinese AI capabilities. The EV market showed growth with new models from Tesla competitors, while several companies announced restructuring efforts.
Benzinga•Lekha Gupta
AI Insight
Adjusted EPS of 81 cents beat estimates of 77 cents and sales rose 6.9% YoY to $14.4B, surpassing consensus of $13.9B.
