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Morningstar

HP Inc

HPQ: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$51.00MkklFchqwcrt

HP Is an Efficient PC and Printer Powerhouse

Business Strategy and Outlook

HP is a legacy technology titan with a strong share in the personal computer and printer markets. The PC and printer markets are consolidated, with the top several players controlling the majority of each market. The printer market is in a slow secular decline while growth in PCs is also minimal, tending to oscillate with overall refresh cycles as equipment ages and technology improves. The covid-19-driven work-from-home trend led to an unusual boost in demand for PCs, which has now receded.

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