HPQ Stock Summary and Trading Ideas (HP | NYSE:HPQ)

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.

HP trades on the NYSE stock market under the symbol HPQ.

As of June 29, 2026, HPQ stock price declined to $22.64 with 10,683,742 million shares trading.

HPQ has a beta of 1.10, meaning it tends to be more sensitive to market movements. HPQ has a correlation of 0.13 to the broad based SPY ETF.

HPQ has a market cap of $20.70 billion. This is considered a Large Cap stock.

Last quarter HP reported $14 billion in Revenue and $.86 earnings per share. This beat revenue expectation by $341 million and exceeded earnings estimates by $.14.

In the last 3 years, HPQ traded as high as $39.80 and as low as $17.56.

The top ETF exchange traded funds that HPQ belongs to (by Net Assets): VTI, VOO, VO, DVY, IVV.

HPQ has underperformed the market in the last year with a price return of -3.6% while the SPY ETF gained +22.3%. However, in the short term, HPQ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +18.7% vs +15.2% return in SPY. But in the last 2 weeks, HPQ shares have been beat by the market, returning -10.3% compared to an SPY return of +0.2%.

HPQ support price is $22.15 and resistance is $23.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HPQ shares will trade within this expected range on the day.