HPQ
HP Inc.
HPQ has lower modeled downside risk, despite its lower overall score.
INTC
Intel Corporation
INTC has the edge over HPQ overall, supported by stronger fundamentals and stronger valuation.
HPQ Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Healthy |
HPQ's revenue, cash flow and balance sheet are currently healthy, and its profitability is stable.
INTC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Healthy |
INTC's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
HPQ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.3x | $19.05 | -34% |
| Forward | 9.3x | $28.88 | — |
| Fair | 9.8x | $25.65 | -11% |
| Current | 11x | $28.88 | — |
| Expensive | 12x | $31.53 | +9.2% |
Historical ranges are pointers, not guarantees.
HPQ's PE is in its expensive range at 11x. If earnings grow as analysts expect, today's price would be 9.3x next year's earnings, in its fair range.
INTC PE Valuation
INTC has no meaningful PE right now: it lost money over the past year.
HPQ Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect HPQ's earnings to grow, with its revenue and profitability holding steady.
INTC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Broad | |
| Low |
INTC has the edge over HPQ on the outlook, with more favorable revenue and profitability expectations.
HPQ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.11 | +19% |
| Q3 2026 | $2.62 | -4.4% |
| Q2 2026 | $2.71 | +4.6% |
| Q1 2026 | $2.64 | -5% |
| Q4 2025 | $2.65 | -5.7% |
| Q3 2025 | $2.74 | -3.9% |
| Q2 2025 | $2.59 | -13% |
| Q1 2025 | $2.78 | -19% |
| Q4 2024 | $2.81 | -15% |
HPQ has the edge over INTC on earnings quality, reporting a profit while its opponent remains loss making.
INTC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.41 | — |
| Q3 2026 | -$2.39 | -24000% |
| Q2 2026 | -$2.09 | +$2.68 |
| Q1 2026 | -$0.60 | +$3.88 |
| Q4 2025 | -$0.06 | +$4.32 |
| Q3 2025 | $0.01 | +$3.72 |
| Q2 2025 | -$4.77 | -2088% |
| Q1 2025 | -$4.48 | -562% |
| Q4 2024 | -$4.38 | -1195% |
INTC has swung to a loss: it lost $2.39 per share over the past year, after a profit the year before.
HPQ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $15.7B | +13% |
| Q2 2026 | $14.4B | +9% |
| Q1 2026 | $14.4B | +6.9% |
| Q4 2025 | $14.6B | +4.2% |
| Q3 2025 | $13.9B | +3.1% |
| Q2 2025 | $13.2B | +3.3% |
| Q1 2025 | $13.5B | +2.4% |
| Q4 2024 | $14.1B | +1.7% |
HPQ has the edge over INTC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.7% | +0.6 points |
| Q2 2026 | 4.3% | -0.7 points |
| Q1 2026 | 5.3% | -1 points |
| Q4 2025 | 6.5% | -0.5 points |
| Q3 2025 | 5.1% | -1.8 points |
| Q2 2025 | 5% | -2.5 points |
| Q1 2025 | 6.3% | -0.8 points |
| Q4 2024 | 7% | -0.3 points |
HPQ's operating margin was 5.7% last quarter, up 0.6 points from the same quarter a year ago.
INTC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.5B | +21% |
| Q2 2026 | $16.1B | +25% |
| Q1 2026 | $13.6B | +7.2% |
| Q4 2025 | $13.7B | -4.1% |
| Q3 2025 | $13.7B | +2.8% |
| Q2 2025 | $12.9B | +0.2% |
| Q1 2025 | $12.7B | -0.4% |
| Q4 2024 | $14.3B | -7.4% |
INTC's revenue is recovering but still below its 2021 peak: $16.5B last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +10 points |
| Q2 2026 | 11% | +36 points |
| Q1 2026 | -23% | -21 points |
| Q4 2025 | 4.2% | +1.4 points |
| Q3 2025 | 5% | +73 points |
| Q2 2025 | -25% | -9.4 points |
| Q1 2025 | -2.4% | +6 points |
| Q4 2024 | 2.9% | -14 points |
INTC has the edge over HPQ on profitability, with a higher operating margin.
HPQ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +7.1% |
| Q2 2026 | $756M | +$901M |
| Q1 2026 | $150M | +108% |
| Q4 2025 | $1.4B | -2.9% |
| Q3 2025 | $1.4B | +15% |
| Q2 2025 | -$145M | -131% |
| Q1 2025 | $72M | +$109M |
| Q4 2024 | $1.5B | -19% |
HPQ still generates free cash flow, though less than at its 2021 peak: $3.9B over the past year.
INTC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1B | +774% |
| Q2 2026 | $4.5B | +$6B |
| Q1 2026 | -$2.5B | +$1.8B |
| Q4 2025 | $800M | +$3.5B |
| Q3 2025 | $121M | +$2.5B |
| Q2 2025 | -$1.5B | +$1.9B |
| Q1 2025 | -$4.4B | +$2.8B |
| Q4 2024 | -$2.7B | -$597M |
INTC has the edge over HPQ on cash flow, with more consistent year-over-year improvement.
HPQ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +2M shares |
| 1 year | -2.8% | -27M shares |
| 3 years | -7.5% | -75M shares |
| 5 years | -23% | -272M shares |
| Available history | -39% | -597M shares |
HPQ has the edge over INTC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300M |
| Q2 2026 | $100M |
| Q1 2026 | $325M |
| Q4 2025 | $500M |
| Q3 2025 | $200M |
| Q2 2025 | $100M |
| Q1 2025 | $100M |
| Q4 2024 | $900M |
HPQ spent $1.2B buying back its own shares over the past year, down 5.8% from the year before.
INTC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4% | +203M shares |
| 1 year | +17% | +776M shares |
| 3 years | +25% | +1.1B shares |
| 5 years | +30% | +1.2B shares |
| Available history | +19% | +834M shares |
INTC has 5.3B diluted shares, up 17% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | $114M |
| Q1 2021 | $2.3B |
HPQ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.2x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.9x | Healthy |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 1.4x | Healthy |
HPQ has the edge over INTC on leverage, with a lower net debt burden relative to earnings.
INTC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 3.1x | Elevated |
| Q1 2026 | 3.9x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.0x | Elevated |
| Q1 2025 | 69.6x | High |
| Q3 2024 | 23.8x | High |
| Q2 2024 | 4.3x | High |
INTC's net debt is about 2.0 years of its operating earnings (EBITDA), down from 4.0 years a year ago.
HPQ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.2 | Neutral |
| Stochastic | 23.8 | Neutral |
HPQ's weekly RSI is 51 (neutral) and its Stochastic is 24 (neutral).
INTC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.1 | Neutral |
| Stochastic | 7.7 | Oversold |
INTC's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
HPQ PE vs Technology Sector
| Metric | HPQ | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 60% below |
| PE % | 69 | 35 | 34 pts above |
HPQ is trading at 11x earnings, a 60% discount to the Technology sector's median of 28x.
INTC PE vs Technology Sector
| Metric | INTC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
INTC has no meaningful PE right now: it lost money over the past year.
HPQ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.4 | 5.1% below |
| 20 week MA | $29.5 | 2.2% below |
| 50 week MA | $24.7 | 17% above |
| 100 week MA | $26.2 | 10% above |
| 200 week MA | $28.8 | 0.5% above |
HPQ has the edge over INTC on trend strength, trading above more of its moving averages.
INTC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $88.4 | 31% below |
| 20 week MA | $95.3 | 36% below |
| 50 week MA | $79.3 | 23% below |
| 100 week MA | $52.1 | 18% above |
| 200 week MA | $42.5 | 44% above |
INTC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 44% above its 200-week average.
HPQ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.5 | $24.3 | +18% |
| 2021 | $24.3 | $37.7 | +55% |
| 2022 | $37.7 | $26.8 | -29% |
| 2023 | $26.8 | $30.1 | +12% |
| 2024 | $30.1 | $33.3 | +11% |
| 2025 | $33.3 | $23.3 | -30% |
| 2026 YTD | $23.3 | $28.9 | +24% |
HPQ has finished higher in four of the last six years. It's up 24% so far in 2026.
INTC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.1 | $47.1 | -22% |
| 2021 | $47.1 | $51.3 | +9% |
| 2022 | $51.3 | $26.1 | -49% |
| 2023 | $26.1 | $50.3 | +93% |
| 2024 | $50.3 | $20.3 | -60% |
| 2025 | $20.3 | $36.2 | +78% |
| 2026 YTD | $36.2 | $61.2 | +69% |
INTC has the edge over HPQ on returns for 2026, with the stronger performance.