HP Outlook - Cautious Technicals, Mixed Analysts, and Neutral Fundamentals

Market Snapshot

HP is underperforming with a 2.00% price decline, backed by weak technical signals and a mixed analyst outlook. Traders and investors are advised to proceed cautiously as momentum remains unclear.

News Highlights

Recent news highlights focus on the broader tech sector and energy developments:

• Apple Competitor Analysis (May 25–30, 2025): A series of articles evaluate Apple and its peers in the hardware and peripherals industry, suggesting a broader industry focus on relative performance. HP’s position within the sector remains under scrutiny.
• Energy Transition in Motion (May 30, 2025): The U.S. is accelerating geothermal energy permitting, signaling a broader focus on energy innovation. While HP is not directly mentioned, a shift in energy infrastructure could have long-term implications for tech and hardware sectors.
• Best Buy Cuts Earnings Outlook (May 30, 2025): A CE Pro article notes Best Buy’s concerns over tariffs. This highlights macroeconomic risks, such as trade policy, which could indirectly affect HP’s consumer business.

Analyst Views & Fundamentals

The analyst consensus appears mixed but leaning neutral, with four major institutions involved:

• Average (simple) rating score: 3.25 (on a scale where 4 = outperform, 3 = neutral, 2 = underperform)
• Weighted performance rating score: 2.96 (factoring in historical performance)
• Rating consistency: Consistent across institutions, with three "Neutral" and one "Buy" rating in the last 20 days.

These scores align with the current price trend, which has seen HPQ.N fall by 2.00% recently. Analysts appear cautious, with no strong bullish consensus. The internal diagnostic score for fundamentals is 3.59 (0–10), indicating moderate concerns.

Key fundamental factor values (based on the "value" field) include:

• Price-to-Sales (PS) ratio: 3.09
• Net Profit Margin (NPM): 3.07%
• Return on Assets (ROA): 1.05%
• Net Cash Flow from Operating Activities (YoY growth rate): -41.31%
• Total Profit YoY growth rate: -23.90%
• Total Assets Turnover Ratio: 0.68

Money-Flow Trends

Big-money and institutional flows are both trending negatively, with all categories (from small to extra-large) showing a negative trend. The overall inflow ratio is 49.33%, suggesting that slightly more than half of the trading volume is associated with positive flows. However, the block inflow ratio (49.42%) remains negative, indicating that institutional investors are currently unloading or holding back on building positions.

With an internal diagnostic score of 7.93 (0–10), the fund-flow pattern appears good in terms of quality, but the direction is still bearish, signaling caution for near-term entrants.

Key Technical Signals

Technical indicators for HPQ.N over the last five days present a mixed and volatile picture, with 2 bullish and 2 bearish signals, and one neutral. The overall trend is labeled “Weak technology, need to be cautious.”

Internal Diagnostic Scores by Indicator

• Williams %R Oversold: 8.57 (Bullish bias) – A rare strong positive signal indicating oversold conditions.
• MACD Death Cross: 8.30 (Strong bullish) – A key positive divergence indicating potential for a rebound.
• Ex-Dividend Date: 1.00 (Bearish) – Historically, this event has led to a 1.14% average decline.
• Dividend Record Date: 1.00 (Bearish) – Similar negative performance history.
• Williams %R Overbought: 4.00 (Neutral rise) – Indicates some recent buying pressure but not strong enough to confirm a trend.

Recent Chart Patterns

• September 9–10: Oversold and bearish signals due to the Ex-Dividend and Dividend Record dates.
• September 11: A strong MACD Death Cross triggered bullish sentiment.
• September 12: Oversold conditions continued to support a potential bounce.

This mix of signals suggests uncertainty, with no clear direction emerging from the chart. The internal technical analysis score is 4.57 (0–10), reinforcing the need for caution.

Conclusion

HP remains in a volatile and uncertain phase, with technicals and fundamentals both signaling caution. Analysts are divided but leaning neutral, and fund flows suggest that large investors are unloading shares. While there are some strong bullish signals (such as the MACD Death Cross and oversold conditions), they are currently outweighed by bearish events like the ex-dividend date.

Consider waiting for a pull-back before entering — particularly after key events like ex-dividend dates or clearer technical confirmations emerge. In the meantime, keep an eye on both institutional flows and price action for potential trend confirmation.