Why HP (HPQ) Outpaced the Stock Market Today Zacks Equity Research Wed, November 11, 2026 at 5:00 PM EST 3 min read HPQ +2.11% ^GSPC +1.31% ^DJI +0.49% Trade HP on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
HP (HPQ) closed the most recent trading day at $28.96, moving +1.9% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 1.31%. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 1.6%.
Coming into today, shares of the personal computer and printer maker had lost 7.22% in the past month. In that same time, the Computer and Technology sector lost 13.88%, while the S&P 500 lost 3.66%.
The investment community will be closely monitoring the performance of HP in its forthcoming earnings report. The company is scheduled to release its earnings on November 24, 2026. The company is expected to report EPS of $0.75, down 19.35% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $15.47 billion, up 5.69% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.23 per share and a revenue of $60.01 billion, representing changes of +3.53% and +8.52%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for HP. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, HP boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, HP is currently exchanging hands at a Forward P/E ratio of 9.25. This signifies a discount in comparison to the average Forward P/E of 12.81 for its industry.
Investors should also note that HPQ has a PEG ratio of 1.55 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Computer - Micro Computers industry held an average PEG ratio of 1.55.
The Computer - Micro Computers industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 65, positioning it in the top 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).
