Hp Inc Stock Price, News & Analysis

HP Inc. (NYSE: HPQ) will host a live audio webcast on August 26, 2021, at 4:30 p.m. ET to discuss its financial results for Q3, which ended on July 31, 2021. The webcast will be accessible on the company's investor relations page and a replay will be available for one year post-event. This call is part of HP's commitment to transparency and investor engagement, ensuring stakeholders stay informed about the company's financial performance.

HP Wolf Security has published a new Threat Insights Report revealing a 65% increase in cybercrime sophistication and the use of hacking tools from H2 2020 to H1 2021. The report notes that underground forums are facilitating collaboration among cybercriminals, leading to larger attacks.

Key findings include a rise in malware delivered via email (75%) and a notable 34% of malware captured being previously unknown. Additionally, phishing attacks continue to prey on users, despite advances in security technology.

HP Inc. has announced its definitive agreement to acquire Teradici Corporation, a leader in remote computing software. This strategic acquisition aims to bolster HP's capabilities in the Personal Systems category, addressing the growing demand for secure, mobile computing solutions as hybrid work becomes prevalent. The remote desktop software market is projected to grow at a 17% CAGR through 2028, aligning with HP's focus on innovative computing models. The transaction is expected to close in Q4 2021, pending regulatory reviews.

HP Inc. has unveiled its lightest consumer laptop, the HP Pavilion Aero 13 Laptop PC, weighing under 1 kilogram. It features an innovative design crafted from sustainable materials and is powered by AMD Ryzen™ 7 5800U Mobile Processor. The laptop offers a 16:10 aspect ratio, 2.5k resolution, and up to 10.5 hours of battery life. Additionally, HP introduced the HP M24fwa and HP M27fwa FHD Monitors, expanding its eco-friendly monitor line. The Pavilion Aero 13 will be available in July starting at $749, while the monitors will start at $229.99.

HP Inc. announced its portfolio of Windows-based PCs is set to be upgradeable to Windows 11 later this year.

The company’s devices, including the HP Spectre, HP ENVY, and HP Pavilion series, are designed for enhanced user experience and productivity.

Gaming devices like OMEN and Victus will also feature optimizations for Windows 11 that improve graphics and load times.

HP's collaboration with Microsoft has been emphasized, aiming to provide users with innovative experiences across various platforms.

The HP Inc. board has declared a cash dividend of $0.1938 per share, the fourth for fiscal year 2021. This dividend is payable on October 6, 2021, to stockholders recorded by the close of business on September 8, 2021. With approximately 1.2 billion shares of common stock outstanding, this action reflects HP's commitment to returning value to its shareholders.

HP Inc. (NYSE: HPQ) has appointed Bruce Broussard, the current President and CEO of Humana, to its Board of Directors. Broussard brings diverse leadership experience from both public and private sectors, particularly in healthcare and health technology. His previous role as CEO of McKesson Specialty/US Oncology further enriches his profile. This addition aims to enhance HP's commitment to transformation and long-term value creation, according to Chair Chip Bergh. The HP Board of Directors is recognized for its diversity within the tech industry.

HP Inc. has expanded its Engage portfolio amid changing consumer behaviors, introducing the HP Engage Go 10 and HP Engage Flex Mini. The Go 10 is a lightweight, convertible system designed for mobility, while the Flex Mini offers versatility across various sectors. Key features include integration with Ingenico for seamless payment processing and enhanced security with HP Wolf Security. The latest systems aim to improve customer experiences in retail and hospitality, addressing the shift toward omnichannel interactions.