Hp stock price forecast with global PC shipments stabilizing

With global PC shipments stabilizing, hp stock price forecast over the next fiscal year suggests gradual appreciation. This is in line with sector-wide recovery after the 2022–2023 demand slowdown. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. OPEC+ will raise oil output from November by 137,000 barrels per day (bpd), it said on Sunday, opting for the same fairly modest monthly increase as in October amid persistent worries over a looming supply glut. Consensus estimates for hp stock price forecast in Q3 2024 show expected EPS growth of 4%, which may strengthen investor confidence. Long positions could see benefits if the broader tech sector maintains momentum amid easing inflationary pressures.