B+
Bull case
25%
Probability
Target price
$35.00
Analysis reference price unavailable
Analysis 2026-08-31 · RankAlpha Sentiment Codex
HPQ
HPDNYSE / Technology Hardware & Equipment
Last Price
Quote time unavailable
Current thesis
The Q3 print exceeded the top of HP's company outlook, with strong revenue, non-GAAP EPS, and free cash flow, while management raised FY26 EPS and FCF outlooks [#SEC-8K-2026-08-26]. Premium and AI-PC mix could support earnings resilience.
Posture
Defensive
Lead driver
Sentiment
What changed
5 setup hits (3d) with net bullish as of 2026-09-11.
What can break
Memory-cost inflation and price increases could pressure demand and margins.
Momentum
95
Value
71
Sentiment
39
Setup hits (3d)
5 · Net Bullish
AI TargetsBase $28.00 · Bull $35.00 · Bear $23.00Analysis 2026-08-31; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-11 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-31 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-11
Investment thesis
As of 2026-09-11
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-11. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $27.39
Why
Momentum95 · Δ7d +2.2
Value71 · Δ7d 0.0
Sentiment39 · Δ7d -4.3
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Confirming evidence
- • 5 setup hits (3d) with net bullish as of 2026-09-11.
- • Sentiment remains the lead driver in the composite, 7D delta -4.3.
Contradictions & invalidation
- • Memory-cost inflation and price increases could pressure demand and margins.
- • Personal Systems unit-volume declines may offset pricing and mix gains.
- • The market reaction suggests investors questioned earnings quality and durability: the tariff refund contributed $0.11 to EPS, while Personal Systems units fell 16% despite revenue growth.
Catalyst clock
2026-08-26
Q3 beat and FY26 outlook raise
Lead driver: Sentiment · See AI snapshot
Momentum
95
9% active weight
Current posture
7d trendFlat
Δ7d
+2.2
Δ21d
+4.6
Value
71
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+0.4
Sentiment
39
62% active weight
Current posture
7d trendSoftening
Δ7d
-4.3
Δ21d
+20.2
Why this grade
Composite grade D. Momentum 94.9 / Value 70.8 / Sentiment 39.2
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-31. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$28.00
Analysis reference price unavailable
Analysis 2026-08-31 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$23.00
Analysis reference price unavailable
Analysis 2026-08-31 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$26.89B
Beta
1.22
Shares Out
914.52M
P/E (TTM)
8.2
P/S (TTM)
0.36
P/FCF (TTM)
11.61
Rev YoY
+11.0%
EPS YoY
+14.6%
Gross Margin
+20.3%
Op Margin
+7.2%
Net Debt
$7.18B
Current Ratio
0.79
As of 2026-09-11 • Updated nightlySource: Internal modelMethods & Data