HP (HPQ, $18.92) shares get downgraded by Bernstein, on printing unit's headwinds and PC unit's trade war challenges
HP Inc. shares took a hit on Monday, following a rating downgrade by Bernstein Research.
Bernstein reduced its rating on the tech company's stock to market perform from outperform, citing structural headwinds to HP's printing unit amidst a shift to digital.
In its third quarter, HP experienced a -5% decline in revenue from its printing unit. However, outgoing CEO Dion Weisler told investors on an earnings call last month HP "outperformed the market in an increasingly challenging environment,".
HP's PC segment saw a +6% revenue growth in the latest quarter ,and a +51% surge its profit margin . But Bernstein analysts seemed apprehensive as to whether HP can sustain its strong performance in its PC unit, given the threats posed by the ongoing U.S.-China tariff war.
HP stock price fell -1.83%, following the downgrade by Bernstein.
Momentum Indicator for HPQ turns positive, indicating new upward trend
HPQ saw its Momentum Indicator move above the 0 level on March 03, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HPQ advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
HPQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where HPQ's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HPQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for HPQ entered a downward trend on March 06, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (9.315). P/E Ratio (7.117) is within average values for comparable stocks, (46.680). Projected Growth (PEG Ratio) (1.561) is also within normal values, averaging (1.090). HPQ has a moderately high Dividend Yield (0.062) as compared to the industry average of (0.031). P/S Ratio (0.316) is also within normal values, averaging (138.563).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. HPQ’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HPQ’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
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General Information
a developer of imaging and printing systems, computing systems and information technology solutions
Industry ComputerProcessingHardware
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