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    Mike Cadiz

    Research Analyst at Citigroup

    Michael Cadiz is an Assistant Vice President in Equity Research at Citigroup, specializing in healthcare sector analysis. He covers a range of healthcare companies, leveraging his analytical expertise to provide insights for institutional investors, although specific coverage and quantitative performance rankings are not publicly disclosed. Beginning his career after earning a Bachelor of Science degree, Cadiz joined Citigroup in New York and has held his current role since at least 2024; no prior professional firms are publicly noted. He is known for his rigorous financial analysis and industry knowledge, and holds professional credentials consistent with his equity research responsibilities.

    Mike Cadiz's questions to HP (HPQ) leadership

    Mike Cadiz's questions to HP (HPQ) leadership • Q1 2025

    Question

    Mike Cadiz from Citigroup asked for HP's view on the PC industry's 2025 growth rate and whether high-single-digit revenue growth for HP's PC business was a fair assumption. He also asked for a characterization of demand across different PC segments.

    Answer

    CEO Enrique Lores confirmed HP's projection for mid-single-digit market unit growth, aligning with analyst views. He agreed that high-single-digit revenue growth for HP's PC business was a reasonable expectation, given outperformance and positive pricing. He characterized demand as seeing growth in consumer and commercial, with commercial strength in government, enterprise, and SMB, offset by a decline in education.

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