Stock Track | HP Plunges 5.25% in Pre-Market as Q2 Outlook Disappoints, Job Cuts Loom

Stock Track
02-28

HP Inc. (HPQ) stock plunged 5.25% in pre-market trading on Friday, following the company's fiscal Q1 2025 earnings report that met estimates but provided weaker-than-expected guidance for the second quarter.

For Q2 2025, HP forecast adjusted earnings per share of 75-85 cents, below the consensus estimate of 86 cents. The company also announced plans to lay off between 1,000 to 2,000 additional employees as part of an ongoing restructuring plan, which is expected to result in $300 million in cost savings for fiscal 2025.

Analysts lowered their price targets on HPQ shares following the earnings release, citing increased competitive pressures, concerns around potential tariffs on tech products, and a weak profit outlook. There are also broader worries about tech companies overspending on AI initiatives, as well as escalating trade tensions between the US and China under the Trump administration, which could negatively impact HP's business.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10