Wall Street analysts expect HP Inc to report Q3 2026 revenue of $14.60 billion and earnings per share of $0.66, while the stock’s current $29.71 price remains significantly higher than the $23.10 average analyst target.
Investors are primarily focused on the shipment mix of AI-enabled PCs and the impact of the ongoing Windows 11 refresh cycle on Personal Systems revenue.
However, rising commodity costs for memory components like DRAM and NAND are projected to pressure operating margins despite strengthening PC demand. Management previously raised its full-year 2026 non-GAAP EPS outlook to a range of $2.90 to $3.10, signaling confidence in its premium product strategy and hybrid work solutions.