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HP Announces Leadership Change in Personal Systems

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HP Announces Leadership Change in Personal Systems

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The latest update is out from HP ( (HPQ) ).

On September 29, 2025, HP announced that Alex Cho, President of Personal Systems, will depart the company to pursue other professional interests after a 30-year tenure. Ketan Patel, with over 20 years of experience at HP, will succeed Mr. Cho as President of Personal Systems, effective November 1, 2025, ensuring a smooth transition until the end of the year.

The most recent analyst rating on (HPQ) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on HP stock, see the HPQ Stock Forecast page.

Spark’s Take on HPQ Stock

According to Spark, TipRanks’ AI Analyst, HPQ is a Neutral.

HP’s overall stock score is driven by a strong earnings call and attractive valuation, which are offset by financial performance concerns, particularly the negative equity on the balance sheet. Technical analysis presents a mixed picture, with some short-term weakness but potential medium-term strength. The company’s strategic initiatives and cost-saving measures provide a positive outlook despite challenges in the print segment.

To see Spark’s full report on HPQ stock, click here.

More about HP

HP Inc. operates in the technology industry, primarily focusing on personal computing, printing, and related services. The company is known for its wide range of products including laptops, desktops, printers, and other personal systems, catering to both consumer and business markets.

Average Trading Volume: 8,311,216

Technical Sentiment Signal: Hold

Current Market Cap: $25.13B

See more data about HPQ stock on TipRanks’ Stock Analysis page.

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