HPQ vs SSYS: How HP Inc. and Stratasys Compare (2026)

Same yardstick, side by side (as of July 2026). Valuation lined up like this is most meaningful for two names in the same corner of the market, which these are. Figures are approximate; verify before investing.

Reading it: HPQ is the cheaper of the two on forward earnings, but cheaper is not the same as better. Pair the valuation with growth (how far the forward P/E sits below the trailing P/E) and risk (beta) before you decide.

The metrics above tell you which is the marginally better business. The bigger risk for most people is not picking the slightly worse stock, it is over-concentrating. HPQ and SSYS share themes, so owning both, or adding either to what you already hold, can quietly push a large share of your portfolio into one bet.

This is the part a generic comparison page cannot answer, because it depends on what you own. Connect your brokerage and Walnut shows your real, combined HPQ and SSYS exposure, flags overlap with your existing positions, and tells you if adding one would tip you past a concentration you are comfortable with, read-only by default, with your login staying at your broker. Walnut is not an investment adviser.

HP Inc. is one of the world's largest makers of personal computers and printers. It sells laptops, desktops, and workstations to consumers, businesses, and governments, and a wide range of printers along with the ink, toner, and supplies they consume. HP was created when the original Hewlett-Packard split in 2015 into HP Inc. (PCs and printing) and Hewlett Packard Enterprise (servers and enterprise IT). HP makes money from hardware sales plus the recurring, higher-margin printing supplies business, which is a key profit engine. It has been expanding into peripherals, gaming, hybrid-work accessories, and services, and pushing subscription and contractual printing models to make revenue more recurring. The company is highly cash generative and returns substantial capital to shareholders through dividends and buybacks. Headquartered in Palo Alto, California, HP is a mature, broadly held technology hardware company sensitive to the global PC and printing cycles.

Full HPQ guide

Stratasys designs and sells industrial 3D printers and the materials that run on them, focused on polymer additive manufacturing for prototyping, tooling and end-use parts.

Full SSYS guide

Both fit overlapping themes, but they are not interchangeable. The useful comparison is which set of drivers and risks you want exposure to.

• HPQ drivers: Printing supplies profit engine; PC refresh and AI PCs.
• SSYS drivers: Shift from prototyping toward production parts; Recurring materials revenue.

A faster-growing, richer-valued name usually swings harder, so it suits a longer horizon and a higher tolerance for volatility; a steadier, more cash-generative business suits a more conservative or income-minded investor. The honest test is which set of risks you could hold through a drawdown: HP operates in mature, low-growth markets where PCs and printing are subject to long-term secular pressures, including the shift to digital and reduced office printing. For SSYS, the additive manufacturing industry has repeatedly grown more slowly than forecast, and Stratasys has faced years of flat or declining revenue as a result.

Growth-minded investors who believe the theme has years to run tend to accept the richer multiple for more upside; value-minded investors lean toward the cheaper forward earnings and steadier profile. Pick HPQ if you believe its drivers more; SSYS if you believe its. Many investors hold both, but since they share themes, that is a concentrated bet, not diversification. Decide deliberately and check overlap. For the full detail, see the HPQ and SSYS guides.

HPQ. HP trades at a low valuation typical of a mature hardware company in slow-growth markets, reflecting limited revenue growth, thin hardware margins, and secular pressure on PCs and printing. The market values it as a cash-return story: a low multiple, a meaningful dividend yield, and consistent buybacks rather than a growth premium. The valuation embeds skepticism about long-term unit demand.

SSYS. Stratasys is best understood as a company whose addressable market is real but has arrived far more slowly than the sector's early enthusiasm implied. Verify current revenue, margin and cash position before drawing conclusions.

Headline figures (approximate, early 2026): HPQ shows revenue (ttm) ~$54 billion, operating margin ~7%, net income (ttm) ~$3 billion, p/e (ttm) ~11x; SSYS shows business model Industrial 3D printers plus recurring proprietary materials, primary markets Aerospace, medical, dental, automotive prototyping and tooling, revenue trend Broadly flat to declining in recent years; verify current figures, profitability Has operated around or below breakeven; verify the latest quarter.

HPQ and SSYS are related but distinct: same themes, different businesses and risks. Neither wins in the abstract; the right pick is whichever thesis you actually believe, sized so you are not over-concentrated in one theme. Walnut can show your combined HPQ and SSYS exposure against your real portfolio. It is not an investment adviser.