15.6% Above Target

HPQ's consensus price target is $19.83, -15.6% below the current price of $23.5. The 52 analysts tracking HPQ see downside risk at present valuations.

HPQ has a consensus rating of "Hold" based on 52 Wall Street analysts. The rating breakdown is mixed, with 28 Hold ratings making up the largest segment. The consensus 12-month price target of $19.83 implies -15.6% downside from current levels.

With a forward P/E of 7.7709x, HPQ trades at a relatively low valuation. The consensus target of $19.83 implies -15.6% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $22 for HPQ, while the most conservative target is $19. The consensus of $19.83 represents the median expectation. Our quantitative valuation model projects a bull case target of $40 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

HPQ is heavily covered by Wall Street, with 52 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 15 have Buy ratings, 28 recommend Hold, and 8 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month HPQ stock forecast based on 52 Wall Street analysts shows a consensus price target of $19.83, with estimates ranging from $19 (bear case) to $22 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $30, with bear/bull scenarios of $19/$40.

Our quantitative valuation model calculates HPQ's fair value at $30 (base case), with a bear case of $19 and bull case of $40. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.

HPQ trades at a forward P/E ratio of 7.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on HPQ, with 8 Sell ratings and a price target of $19.83 (-15.6% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

HPQ analyst price targets range from $19 to $22, a 15% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $19.83 consensus represents the middle ground. Our model's $19-$40 range provides an independent fundamental perspective.