Equity Profile

HPQ

HP Inc.

Information TechnologyTechnology Hardware, Storage & Peripherals$28.6B

Aug26Wed

Pre-Earnings Brief

UpcomingQ3-2026After Close5:00 PM EDT

Company Snapshot

HP Inc. is a leading technology company that specializes in printing and personal computing solutions....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well HP is managing its costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales, which is crucial for sustaining its market position.

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 that specializes in printing and personal computing solutions. As part of the Information Technology sector, HP plays a significant role in the hardware market, impacting consumer spending and business operations worldwide.

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, surpassing expectations by over 20%. The stock reacted positively, gaining 4.34% the following day.

Management Promises & Guidance

Focus on enhancing product innovation.
Commitment to improving supply chain efficiency.
Plans to expand into emerging markets.

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about HP's upcoming earnings, given its recent performance and market conditions. However, the lack of specific guidance raises some uncertainty.

Bull Case

If HP continues its trend of beating EPS estimates, it could signal strong operational efficiency and market demand, leading to further stock price appreciation.

Bear Case

On the other hand, any signs of declining revenue or increased costs could lead to a negative reaction from investors, especially if the company fails to meet expectations.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q3-2026?

The EPS figure will be critical in assessing HP's profitability and operational efficiency, influencing investor sentiment.

How is HP addressing supply chain challenges?

Given the ongoing global supply chain issues, insights into HP's strategies could impact future revenue and operational stability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate HP's ability to adapt to changing market conditions, particularly in emerging markets.

Supporting Evidence

HP's recent product innovations could drive unexpected demand.

The company's strong cash flow position allows for strategic investments despite market challenges.

Key Risk

If HP's revenue growth exceeds expectations, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is keenly watching HP's ability to maintain profitability amid economic pressures and competition.

Bull Confirmed If

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

Bear Confirmed If

An EPS below $0.75 would indicate potential issues with cost management or market demand.

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 traders expect volatility around the earnings announcement.

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 around 0.32%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may see a muted reaction as investors await further clarity from management.

Miss

A miss could lead to a decline of about 2.30%, reflecting investor disappointment and concerns over future growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on product innovation and market demand for printers.
2Details on supply chain management strategies.
3Any commentary on expansion plans in emerging markets.
4Insights into cost management and operational efficiencies.
5Guidance on expected revenue growth for the next quarter.

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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 that specializes in printing and personal computing solutions....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well HP is managing its costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales, which is crucial for sustaining its market position.

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, surpassing expectations by over 20%. The stock reacted positively, gaining 4.34% the following day.

Management Promises & Guidance

Focus on enhancing product innovation.
Commitment to improving supply chain efficiency.
Plans to expand into emerging markets.

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about HP's upcoming earnings, given its recent performance and market conditions. However, the lack of specific guidance raises some uncertainty.

Bull Case

If HP continues its trend of beating EPS estimates, it could signal strong operational efficiency and market demand, leading to further stock price appreciation.

Bear Case

On the other hand, any signs of declining revenue or increased costs could lead to a negative reaction from investors, especially if the company fails to meet expectations.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q3-2026?

The EPS figure will be critical in assessing HP's profitability and operational efficiency, influencing investor sentiment.

How is HP addressing supply chain challenges?

Given the ongoing global supply chain issues, insights into HP's strategies could impact future revenue and operational stability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate HP's ability to adapt to changing market conditions, particularly in emerging markets.

Supporting Evidence

HP's recent product innovations could drive unexpected demand.

The company's strong cash flow position allows for strategic investments despite market challenges.

Key Risk

If HP's revenue growth exceeds expectations, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is keenly watching HP's ability to maintain profitability amid economic pressures and competition.

Bull Confirmed If

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

Bear Confirmed If

An EPS below $0.75 would indicate potential issues with cost management or market demand.

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 traders expect volatility around the earnings announcement.

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 around 0.32%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may see a muted reaction as investors await further clarity from management.

Miss

A miss could lead to a decline of about 2.30%, reflecting investor disappointment and concerns over future growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on product innovation and market demand for printers.
2Details on supply chain management strategies.
3Any commentary on expansion plans in emerging markets.
4Insights into cost management and operational efficiencies.
5Guidance on expected revenue growth for the next quarter.