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HPQ set for earnings on Aug 26 with cheap valuation, rising dividend, and AI PC growth as key catalysts

Company Fundamentals
21 Aug 2026
24/7 Wall Street
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Bullish
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HP Inc. (HPQ) is positioned as a strong retirement portfolio pick ahead of its Q3 2026 earnings report on August 26. The company trades at a low forward P/E of around 10 with a nearly 4% dividend yield, supported by management's commitment to return nearly all free cash flow to shareholders. HPQ is benefiting from accelerating AI PC adoption, which rose to 44% of shipments in Q2 and is expected to reach 60-70% next fiscal year, driving revenue and profit growth. Despite some printing segment weakness and rising costs, management raised guidance, making HPQ a more attractive buy than Hewlett Packard Enterprise for income-focused investors.

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