NYSE:HPQTech
HP (HPQ) Is Up 5.9% After Raising EPS Outlook As AI PCs Drive Revenue Growth
In its recently reported Q2 2026 results, HP Inc. posted revenue of US$14.41 billion, a 9% year-over-year increase driven by 13% growth in Personal Systems and AI PCs rising to 44% of shipments, while also raising its full-year non-GAAP EPS guidance to US$2.90–US$3.10.
An important takeaway is that HP expects rising memory and storage input costs to pressure operating margins through Q4 2026, before aiming for sequential margin improvement in 2027, suggesting management is prioritizing...