Why HP Stock Sagged by 11% This Week
The combination of an earnings miss and disappointing guidance put the hurt on veteran tech stock (NYSE: HPQ) this week. Over the past five trading days the company's share price withered by 11%, according to data compiled by S&P Global Market Intelligence.
Just after market close on Wednesday, HP published figures from its fiscal second quarter of 2025, revealing that its net revenue was $13.2 billion. That was 3% higher than in the same period of fiscal 2024. The dynamic was markedly different on the bottom line, as non-GAAP (adjusted) net income sank to $678 million ($0.71 per share) from the year-ago profit of $812 million.
Image source: Getty Images.
Source Fool.com
HP Inc. Aktie
21,21 €
-0,14 %
Leichte Buy-Präferenz bei der HP Inc. Aktie.
Das Kursziel von 28 € für HP Inc. signalisiert eine mögliche Steigerung von über 20% gegenüber 21.21 €.
