11 Most Undervalued AI Stocks to Buy Now

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7. HP Inc. (NYSE:HPQ)

With significant analyst and hedge fund sentiment, alongside a low forward price-to-earnings (PE) ratio, HP Inc. (NYSE:HPQ) secures a spot on our list of the most undervalued AI stocks to buy now.

On February 25, 2026, JPMorgan cut the target to $19 from $21, while reiterating a ‘Neutral’ rating. The firm updated its model following the fiscal Q1 earnings release, incorporating the challenging earnings outlook.

The firm had reduced the target from $25 earlier on February 19, 2026, when analysts at JPMorgan dismissed the case for upside, citing weak sentiment. The bank’s analysts warned that HP Inc.’s (NYSE:HPQ) short-term results could be strong due to pull-forward demand, but they will not be indicative of underlying demand.

Meanwhile, as of February 26, 2026, HP Inc. (NYSE:HPQ) traded at $18.81, over 44% below its 52-week high of $34.07. The company’s shares are under pressure as broader industry challenges weigh on PC makers’ outlook.

Amid tempered investor sentiment, analysts elsewhere appear not too excited about HP Inc. (NYSE:HPQ) either.

Citi cited headwinds related to end-demand for PCs on February 17, 2026, and issued a mixed outlook for HP Inc. (NYSE:HPQ). The firm retained its ‘Neutral’ rating and reduced the target from $22 to $20.

HP Inc. (NYSE:HPQ) provides personal computers, printers, supplies, and related solutions, serving both commercial and consumer customers.

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