Hp Inc Stock Price, News & Analysis

Structure has signed a 3D software licensing agreement with HP Inc. Under the agreement, HP will offer Structure's AI-powered Software Development Kit (SDK) to provide 3D scanning application development services for its 3D printing clients. This initiative aims to deliver end-to-end 3D scanning and printing services, accelerating adoption across various applications.

The Structure SDK has already enabled the development of over 300 applications. Structure, which spun off from Occipital in 2022, provides 3D scanning technology through its Structure 3 scanner and Structure Capture iOS mobile application, enabling accurate 3D scanning through iPads and iPhones.

HP (NYSE: HPQ) has announced a cash dividend of $0.2894 per share on its common stock. This marks the second dividend distribution in HP's fiscal year 2025. The dividend will be payable on April 2, 2025, to stockholders recorded as of the market close on March 12, 2025. The company currently has approximately 0.9 billion shares of common stock outstanding.

HP Inc. (NYSE: HPQ) and the HP Foundation have launched the 2025 Digital Equity Accelerator, targeting nonprofits in Greece, Indonesia, Nigeria, and Spain. The program aims to bridge the digital divide by supporting organizations that help disconnected youth and adults acquire digital skills.

Selected nonprofits will receive USD $100,000 in grants, HP technology worth approximately USD $100,000, and six months of programmatic support. Applications are open until February 12, 2025. The initiative has already helped 27 organizations expand their reach by over 9 million in its first three years.

The program addresses significant digital equity gaps in the target countries, where challenges include: Greece's 52% basic digital skills rate, Indonesia's 25.80% youth NEET rate, Nigeria's 28% internet usage despite having Africa's largest ICT market, and Spain's digital disparities among children and older generations.

HP Inc. (NYSE: HPQ) has announced the appointment of Carol Surface as Chief People Officer, effective March 24. Surface joins HP from Apple, where she served as Chief People Officer. Her extensive career includes roles as CHRO at Medtronic and Best Buy, and senior leadership positions at PepsiCo.

Surface will succeed Kristen Ludgate, who is retiring after four years leading the People Organization. Surface brings significant experience in building high-performance teams and leading operating model transformations in global environments. She holds a Ph.D. in industrial organizational psychology from Central Michigan University and is a Fellow of the National Academy of Human Resources.

HP CEO Enrique Lores emphasized the company's focus on leading the Future of Work, with culture and talent development as essential components of this strategy.

HP Inc. (HPQ) unveiled new gaming products at CES 2025, headlined by the groundbreaking OMEN AI Beta, the world's first AI-driven 1-click performance optimization tool. The company introduced the OMEN MAX 16, their most powerful gaming laptop yet, featuring Intel Core Ultra 9 or AMD Ryzen AI 9 processors and NVIDIA Blackwell RTX 50 Series GPUs.

The laptop includes innovative features like OMEN Cryo Compound for improved cooling, Ultra Low Latency Gen 3 technology for peripheral connectivity, and starts at $1,699.99. HP also announced the OMEN 32x Smart Gaming Monitor with Google TV integration, priced at $749.99, and the new HyperX Pulsefire Saga gaming mice series with modular customization options, starting at $79.99.

HP Inc. (HPQ) unveiled its latest AI-powered products at CES 2025, introducing several groundbreaking devices. The company launched the HP EliteBook Ultra G1i, marketed as the world's most immersive AI business notebook, featuring up to 48 TOPS of NPU performance and a 9MP camera.

The lineup includes the HP ZBook Ultra G1a, positioned as the world's most powerful 14-inch mobile workstation, and the HP Z2 Mini G1a, claimed to be the world's most powerful mini workstation. Both devices feature AMD Ryzen™ AI Max PRO processors and up to 128GB unified memory.

HP also introduced the Thunderbolt 4 G6 Docks, the first docks with proximity activation, and announced plans to launch its first 18-inch mobile workstation in spring 2025. New products include Poly Voyager Legend headsets and wireless peripherals, with the EliteBook Ultra G1i starting at $2,019, EliteBook X G1i at $1,999, and EliteBook X Flip G1i at $2,249.

HP Inc. (HPQ) released a new cybersecurity report highlighting significant platform security gaps across device lifecycles. The study, based on feedback from 800+ IT decision-makers and 6000+ remote workers, reveals that 81% of IT professionals believe hardware and firmware security must become a priority, yet 68% report it's often overlooked in device ownership costs.

Key findings include: 34% of suppliers failed cybersecurity audits, 53% report weak BIOS password practices, over 60% delay firmware updates, and lost/stolen devices cost organizations approximately $8.6bn annually. Additionally, 47% cite data security concerns as a major obstacle for device reuse and recycling.

HP Inc. reported fiscal 2024 results with net revenue of $53.6 billion, down 0.3% year-over-year. GAAP diluted EPS was $2.81, exceeding outlook, while non-GAAP EPS reached $3.38. Fourth quarter performance showed improvement with revenue of $14.1 billion, up 1.7% from prior year. The company generated $3.7 billion in operating cash flow and returned $3.2 billion to shareholders through dividends and share repurchases. Personal Systems revenue grew 2% while Printing revenue increased 1%. HP announced a 5% dividend increase and provided fiscal 2025 guidance with non-GAAP EPS expected between $3.45 and $3.75.

HP Inc. (NYSE: HPQ) has announced it will host a live audio webcast to discuss its fourth quarter and fiscal year 2024 financial results on November 26, 2024 at 5:30 p.m. ET / 2:30 p.m. PT. The earnings call webcast will be accessible at www.hp.com/investor/2024Q4Webcast, with a replay available for approximately one year after the event. HP operates in over 170 countries, providing innovative solutions in personal computing, printing, 3D printing, hybrid work, and gaming sectors.