HP Shares Decline Amid 2027 PC Market Outlook

By EC Assets · Published

HP Inc. shares declined Monday following the company's forecast for the personal computer market in 2027. The technology firm delivered a sobering assessment regarding the PC sector. HP shares slipped 2% in morning trading. The forecast from HP indicates a potential slump in the PC market for 2027. This projection follows other companies issuing financial outlooks for the same period. Intuit, a software company, saw its shares fall 10% early Wednesday after providing a fiscal 2027 outlook below Wall Street expectations. Intuit projects next year's revenue will range between $23.279 billion and $23.5 billion. Other corporate forecasts for 2027 also show varying outlooks. Estee Lauder shares soared as its fiscal 2027 profit forecast topped estimates. Goldman strategists, led by Ben Snider, anticipate S&P 500 earnings per share growth slowing to 11% in both 2027 and 2028. This article is intended for informational purposes only. It does not constitute investment advice.

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