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HP shares drop 10.5% despite Q3 earnings beat and raised full-year guidance

Company Fundamentals
26 Aug 2026
Proactive Investors
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Bearish
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HP Inc reported third-quarter revenue of $15.7 billion, beating estimates by a wide margin, and adjusted earnings of $0.83 per share, surpassing expectations. The company raised its full-year adjusted earnings forecast to $3.19-$3.29 per share and increased free cash flow guidance to $3-$3.2 billion. Despite strong financial results and positive outlook, HP shares fell 10.5% as investors weighed the results against market expectations. HP's Personal Systems segment grew 18% while Printing revenue declined 2%, with the company focusing on innovation and AI integration to drive future growth.

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