@frostmourne 2 months ago
Long-term algorithmic models are predicting HP stock could drop by 2030
Long-term algorithmic models are predicting HP stock could drop by 2030
Algorithmic forecasts from CoinCodex suggest HP could see a significant price drop by 2030. The models point to continued margin compression and competition as the main negative factors.
HP is betting on AI PCs to turn things around and saw a 6% bump in their personal systems segment last quarter. However, the balance sheet is looking tight with $27.9 billion in current liabilities against $20.6 billion in current assets.
Most Wall Street analysts are neutral right now with a $30 price target. The long-term algorithms are more bearish, predicting the stock could fall into the teens over the next few years. It looks like the stock is positioned more as a dividend play than a growth opportunity at these levels.
finance.yahoo.com
| HPQ Stock Price Prediction: Where HP Could Be by 2025, 2026, and 2030

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