Equity Profile

HPQ

HP Inc.

Information TechnologyTechnology Hardware, Storage & Peripherals$22.6B

Aug26Wed

Pre-Earnings Brief

UpcomingQ3-2026After Close5:00 PM EDT

Company Snapshot

HP Inc. is a leading technology company specializing in hardware, storage, and peripherals, primarily known for its printers and PCs....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial measure of profitability and will indicate how well HP has managed its costs and revenue.

N/A

Revenue Growth

Revenue growth is essential to assess the company's market demand and overall business health.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HPQ Q3-2026 Earnings Preview

Context

Company Snapshot

HP Inc. is a leading technology company specializing in hardware, storage, and peripherals, primarily known for its printers and PCs. As part of the Information Technology sector, HP is influenced by trends in consumer spending and digital transformation, making it a key player in the tech hardware industry.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

+1.49%

Avg Stock Reaction

-0.66%

Last Quarter Recap

In Q2-2026, HP reported an EPS of $0.86, exceeding expectations by 20%. The stock reacted positively, increasing by 4.34% the following day.

Management Promises & Guidance

Focus on enhancing printer technology and expanding product lines.
Commitment to improving supply chain efficiency.
Plans to invest in sustainability initiatives.

Expectations

Wall Street Expectations

Overall, expectations for HP's upcoming earnings are mixed, with no specific analyst estimates available. Investors are keen to see if HP can maintain its positive momentum from the last quarter.

Bull Case

If HP continues to beat EPS expectations and shows strong revenue growth, it could signal robust demand for its products and lead to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could raise concerns about its market position and lead to a negative stock reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q3-2026?

EPS is a key indicator of profitability and will heavily influence investor sentiment and stock movement.

How have printer sales performed this quarter?

Printer sales are critical to HP's revenue, and insights here will indicate overall demand and market health.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for HP's printer segment to rebound, driven by increased demand in both consumer and business markets.

Supporting Evidence

Recent trends indicate a resurgence in printing needs as businesses return to normal operations post-pandemic.

HP's investments in innovative printer technology could lead to higher sales than anticipated.

Key Risk

If printer sales exceed expectations, it could significantly alter the market's perception of HP's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will be closely watched to determine if HP can sustain its recent positive trends or if challenges are emerging.

Bull Confirmed If

An EPS of $0.90 or higher would confirm strong profitability and growth.

Bear Confirmed If

An EPS below $0.75 would raise significant concerns about HP's performance.

Pre-Earnings Positioning

Options Market

Implied Move

±11.43%

Historical Avg

±1.8%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

Options are pricing ±11.4% while HPQ has averaged ±1.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

63.8%

Calls (2.7M)P/C Ratio: 0.29Puts (1.0M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HP beats expectations, history suggests the stock could rise by an average of 0.32%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further guidance.

Miss

Should HP miss expectations, the stock could drop by an average of 2.30%, reflecting disappointment in performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on printer sales performance and market demand.
2Any commentary on cost management and supply chain improvements.
3Insights into new product launches and technology advancements.
4Management's outlook on future quarters and guidance.
5Discussion on sustainability initiatives and their impact on brand perception.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

HP Inc. is a leading technology company specializing in hardware, storage, and peripherals, primarily known for its printers and PCs....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial measure of profitability and will indicate how well HP has managed its costs and revenue.

N/A

Revenue Growth

Revenue growth is essential to assess the company's market demand and overall business health.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HPQ Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

+1.49%

Avg Stock Reaction

-0.66%

Last Quarter Recap

In Q2-2026, HP reported an EPS of $0.86, exceeding expectations by 20%. The stock reacted positively, increasing by 4.34% the following day.

Management Promises & Guidance

Focus on enhancing printer technology and expanding product lines.
Commitment to improving supply chain efficiency.
Plans to invest in sustainability initiatives.

Expectations

Wall Street Expectations

Overall, expectations for HP's upcoming earnings are mixed, with no specific analyst estimates available. Investors are keen to see if HP can maintain its positive momentum from the last quarter.

Bull Case

If HP continues to beat EPS expectations and shows strong revenue growth, it could signal robust demand for its products and lead to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could raise concerns about its market position and lead to a negative stock reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q3-2026?

EPS is a key indicator of profitability and will heavily influence investor sentiment and stock movement.

How have printer sales performed this quarter?

Printer sales are critical to HP's revenue, and insights here will indicate overall demand and market health.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for HP's printer segment to rebound, driven by increased demand in both consumer and business markets.

Supporting Evidence

Recent trends indicate a resurgence in printing needs as businesses return to normal operations post-pandemic.

HP's investments in innovative printer technology could lead to higher sales than anticipated.

Key Risk

If printer sales exceed expectations, it could significantly alter the market's perception of HP's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will be closely watched to determine if HP can sustain its recent positive trends or if challenges are emerging.

Bull Confirmed If

An EPS of $0.90 or higher would confirm strong profitability and growth.

Bear Confirmed If

An EPS below $0.75 would raise significant concerns about HP's performance.

Pre-Earnings Positioning

Options Market

Implied Move

±11.43%

Historical Avg

±1.8%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

Options are pricing ±11.4% while HPQ has averaged ±1.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

63.8%

Calls (2.7M)P/C Ratio: 0.29Puts (1.0M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HP beats expectations, history suggests the stock could rise by an average of 0.32%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further guidance.

Miss

Should HP miss expectations, the stock could drop by an average of 2.30%, reflecting disappointment in performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on printer sales performance and market demand.
2Any commentary on cost management and supply chain improvements.
3Insights into new product launches and technology advancements.
4Management's outlook on future quarters and guidance.
5Discussion on sustainability initiatives and their impact on brand perception.