HP Inc. (NYSE:HPQ) is one of the Trending AI Stocks on Wall Street. On August 28, JPMorgan analyst Samik Chatterjee raised the price target on the stock to $30.00 (from $27.00) while maintaining an Overweight rating.
The rating affirmation follows the company’s fiscal third-quarter report, demonstrating strong demand trends in the PC market.
The analysts state that these trends are anticipated to reduce the risk of lowered estimates for fiscal 2025, thereby offering a positive outlook for HPQ moving forward.
HP Inc. (NYSE:HPQ) is a technology company that specializes in personal computing and printing solutions.
While we acknowledge the potential of HPQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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