Analysts Cautious on HP Inc. (HPQ) Amid Rising Memory Costs

HP Inc. (NYSE:HPQ) is among the Top 15 Lowest P/E Ratios of the S&P 500 successful 2025. On December 1, Bernstein maintained its Hold standing for the banal with a terms people of $30.

The probe steadfast expressed concerns astir rising representation prices, which it believes could importantly interaction the company’s net successful fiscal 2026, including a apt 10% simplification successful full-year EPS.

According to Bernstein, overmuch of the interaction is expected to beryllium felt during the 2nd fractional of the year, with HP’s inventory connected manus and semipermanent agreements shielding it during the archetypal half.

Tech giants are cautioning of a proviso shortage for representation chips successful 2026, amid surging request for expanding AI infrastructure. Memory costs person soared successful caller weeks and present relationship for betwixt 15% to 18% of the outgo of an mean PC for HP Inc. (NYSE:HPQ), said CEO and President Enrique Lores during the Q4 2025 net telephone connected November 25.

While talking to Bloomberg past week, Lores said that his institution was bracing for a challenging 2nd fractional of 2026, wherever HP could rise prices if required. Moreover, the institution was onboarding caller suppliers and cutting down connected representation configuration successful caller products to mitigate the interaction of these headwinds.

Several probe firms since November 26 person lowered the terms targets for HP Inc. (NYSE:HPQ), citing rising representation costs and their interaction connected the company’s fiscal outlook for 2026.

As of the adjacent of concern connected December 5, Wall Street analysts person a statement Hold standing for the stock, with a one-year mean stock terms people of $25.88, which is chiefly successful enactment with Friday’s adjacent of $25.91.

HP Inc. (NYSE:HPQ) is simply a starring supplier of idiosyncratic computers, integer entree devices, printers, scanners, and different related technologies. The banal is down 21% year-to-date.

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