Overview
- The company forecast fiscal 2026 adjusted EPS of $2.90 to $3.20, below the $3.33 analyst consensus compiled by LSEG, and guided Q1 to $0.73–$0.81.
- HP expects about $650 million in restructuring charges tied to the program, with roughly $250 million recorded in fiscal 2026.
- Teams in product development, internal operations and customer support will be most affected, according to CEO Enrique Lores.
- Rising DRAM and NAND prices are expected to pressure margins in the second half of fiscal 2026, with mitigation steps including qualifying lower‑cost suppliers, trimming memory configurations and selective price actions.
- Fourth‑quarter revenue came in at $14.64 billion, slightly above estimates, and AI‑enabled PCs accounted for over 30% of shipments as shares fell roughly 5.5% after the announcement.