HP

HPQ

Market cap $22.7B

The latest trading day saw HP (HPQ) settling at $23.75, representing a -3.57% change from its previous close.

HSBC downgrades IBM shares to the equivalent of Sell, pointing to better investment opportunities in a basket of stocks including IonQ and Accenture.

The latest trading day saw HP (HPQ) settling at $24.77, representing a +2.27% change from its previous close.

HP, Inc. is a high-yield, undervalued tech stock with a bullish technical setup and a nearly 5% dividend yield. HPQ demonstrates strong valuation and profitability grades, with recent upward revisions to EPS and revenue estimates supporting its investment case. Technical analysis shows HPQ trading above its 30-week EMA, with bullish momentum, volume, and relative strength versus the S&P 500.

With the S&P 500 dividend yield sitting well below 2%, income investors chasing meaningful cash flow are increasingly forced outside the usual REIT and utility sectors.

Apple bucks a 4.9% global PC shipment decline in Q2 as memory chip shortages squeeze production, pricing and AI PC adoption across the industry.

In the most recent trading session, HP (HPQ) closed at $22.96, indicating a +1.59% shift from the previous trading day.

HP is a value stock that has some AI server exposure but mostly benefits if AI PCs gain momentum. Dell caters more to growth investors thanks to its exposure to AI servers and market share expansion.

HP's business continues to rebound, with Q2 revenues up 9% and three consecutive quarters of accelerating top-line growth. The Personal Systems segment outperformed; the Nvidia RTX Spark chip launch could spark an AI PC upgrade super cycle despite Apple's competitive push. Margins expanded, Q2 adjusted EPS of $0.86 beat expectations, and the stock boasts a 5.47% dividend yield, though debt levels warrant monitoring.

News Highlights:  HP Inc. will deploy powerful AI-driven solutions with OpenAI Frontier to help drive HP transformation and growth initiatives  The Frontier platform will be used across HP's business, to enhance customer-facing experiences and internal operations   The Frontier strategic partnership supports HP's efforts to deliver an advanced telemetry platform with WXP, a recognized Gartner magic quadrant leader, enabling a connected device layer for the AI era  PALO ALTO, Calif., June 28, 2026 (GLOBE NEWSWIRE) -- Today, HP Inc. (NYSE: HPQ) announced the launch of a strategic partnership with OpenAI, integrating its Frontier platform into HP's global efforts to shape the Future of Work through enhanced customer-facing experiences and accelerated transformation across its operations.