HP Inc. Shares CY2027 PC Market Outlook and Planning Assumptions

HP Inc. (NYSE: HPQ) Form 8-K Disclosure Summary

Overview of Filing

On September 21, 2026, HP Inc. furnished a Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) to clarify market expectations and its preliminary planning assumptions for calendar year 2027 (CY2027) and fiscal year 2027 (FY2027).

Key Disclosures

• Fiscal 2027 Planning Context: Follow-up to remarks during the Q3 fiscal 2026 earnings conference call held on August 26, 2026, where management stated HP was still in its fiscal 2027 planning cycle.
• PC Unit Volume Expectations: Consistent with third-party industry forecasts, HP's preliminary internal planning assumption models that industry-wide personal computer (PC) unit volumes will decline roughly mid-single-digits in percentage terms in calendar year 2027 versus calendar year 2026.
• Guidance Status: HP emphasized it is not providing formal financial guidance for fiscal 2027 at this time. Management noted that planning assumptions are contingent upon the second half of calendar 2026 market performance, which remains fluid.

Market & Trading Implications

• Impact on HPQ and Sector Peers: Disclosing an anticipated mid-single-digit contraction in industry PC shipment volumes highlights near-term demand softness across personal computing, which may affect near-term investor sentiment across PC OEMs and component suppliers.
• Regulatory Status: The information is furnished pursuant to Regulation FD and is not deemed filed under Section 18 of the Securities Exchange Act of 1934.