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HP Appoints Bruce Broussard as Interim CEO

Story Highlights
  • HP’s long-time CEO Enrique Lores stepped down on February 2, 2026, with director Bruce Broussard assuming the role of interim chief executive the next day.
  • HP formed a CEO search committee, granted Broussard a sizeable interim pay package, and reaffirmed its fiscal 2026 outlook, underscoring continuity amid leadership change.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HP Appoints Bruce Broussard as Interim CEO

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The latest update is out from HP ( (HPQ) ).

On February 3, 2026, HP Inc. announced a leadership transition in which long-time executive Enrique Lores stepped down as president, chief executive officer and board member at the end of February 2, 2026, to pursue another professional opportunity, and board member Bruce Broussard was appointed interim CEO effective February 3, 2026. Broussard, a veteran public-company leader with extensive experience at Humana and US Oncology/McKesson, will retain his board seat but relinquish key committee roles, and will receive a substantial interim CEO compensation package including monthly cash pay and a $7 million restricted stock grant that vests in 2027; meanwhile, HP’s board has formed a CEO search committee and hired an executive search firm, while the company reaffirmed its earnings and cash-flow outlook for the first quarter and full fiscal year 2026, signaling an intent to maintain strategic continuity and operational stability for investors and other stakeholders during the management transition.

The most recent analyst rating on (HPQ) stock is a Hold with a $20.50 price target. To see the full list of analyst forecasts on HP stock, see the HPQ Stock Forecast page.

Spark’s Take on HPQ Stock

According to Spark, TipRanks’ AI Analyst, HPQ is a Neutral.

HP’s overall stock score reflects a balance of strengths and challenges. The company’s attractive valuation and positive earnings call sentiment are offset by financial performance concerns, particularly in operational efficiency and balance sheet stability. Technical indicators suggest a cautious outlook.

To see Spark’s full report on HPQ stock, click here.

More about HP

HP Inc. is a global technology company and a leading player in the PC and printing markets, positioning itself as a provider of AI-powered devices, software, services and subscriptions aimed at redefining the Future of Work. Operating in more than 180 countries, the company focuses on workplace and productivity solutions that drive business growth and professional fulfillment for enterprise, SMB and individual customers worldwide.

Average Trading Volume: 14,829,996

Technical Sentiment Signal: Sell

Current Market Cap: $17.85B

For a thorough assessment of HPQ stock, go to TipRanks’ Stock Analysis page.

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