HP Inc. (NYSE:HPQ) is identified as one of the Most Undervalued Tech Stocks to Buy in 2026. On January 13, Goldman Sachs downgraded HPQ from Hold to Sell, with a price target drop from $24 to $21. Concerns include PC margin pressures and slowing demand.

Despite being a leading company returning 100% free cash flow to shareholders, HPQ faces risks in the PC market. The recent unveiling of the HyperX OMEN MAX 16 gaming laptop at CES 2026 showcases its technological advancements. The laptop boasts features like Intel Core Ultra 200HX series processors and NVIDIA GeForce RTX 5090 Laptop GPU.

HP Inc. (NYSE:HPQ) is a global tech company specializing in personal computing, printing, and related services. While HPQ shows investment potential, other AI stocks may offer greater upside with lower downside risk. To explore an undervalued AI stock benefiting from tariffs and onshoring trends, check out the free report on the best short-term AI stock.

For more insights, check out articles on 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now on Insider Monkey. This article is originally published on Insider Monkey.

Read more at Yahoo Finance: Goldman Sachs Downgrades HP Inc (HPQ) to Sell