Castlekeep Investment Advisors has purchased more than 1.7 million shares of HP Inc, while there is speculation on whether
HP could be an undervalued stock in the quantum computing market. The company's stock slightly declined by 0.19% amidst these news but later increased by 3% on May 8. However,
Comerica Bank decided to reduce its holdings in the company. There is potential upside for HP stocks according to
David Einhorn. Despite a minor drop on a Friday, HP showed strong results with total shareholder returns outpacing the underlying earnings growth.
Analysts view HP as a 'Value and Income' story although the stock recently dipped 3.5% since the last earnings report. Despite a 16% decrease in recent months, HP announced pricing of
senior notes and expanded its AI-powered product portfolio. HP has also collaborated with
Ferrari unveiling a cutting-edge livery at Miami Grand Prix, still some experts suggest to retain HPQ stock. The company had downgraded ratings due to tariffs and a declining business, yet, HP unveiled a new
AI R&D center and manufacturing hub in Saudi Arabia. Amidst these developments, HP missed Q4 earnings and revenue estimates.
Hp HPQ News Analytics from Thu, 20 Jun 2024 19:17:59 GMT to Sat, 10 May 2025 21:09:24 GMT -
Rating 6
- Innovation 8
- Information 8
- Rumor -5
