2026ott
HPQ Oct 2026 · Buy
We assign a Buy rating to HP Inc. with a fair value of $34.78 per share, offering 11.4% upside to the share price of $31.23 as of October 5, 2026, supported by low capital expenditure intensity ($897M in FY2025), resilient $3.0B to $3.2B free cash flow guidance, and a disciplined capital return framework returning ~100% of free cash flow to shareholders.Latest published research · analyzed 2026-10-05 · current · sources aging