HP Inc. reported strong Q2 results, surpassing revenue and EPS expectations with a 20% year-over-year increase in non-GAAP EPS. The company's growth was driven by a better revenue mix in Personal Systems, increased traction in AI-powered PCs, and double-digit growth in compute and workforce solutions, despite flat printing segment results. Following the earnings report, HP's stock rose 13%. Management also provided an optimistic Q3 EPS guidance and expects AI PCs to make up over 70% of shipments by fiscal year 2028, supporting future margin and revenue growth. The analyst initiated a buy rating on HP, highlighting its attractive valuation, strong cash flow, and margin of safety despite risks from printing declines and component cost volatility.
HPQ Silicon Inc. signed a Letter of Intent with LN Innov' and Novacium SAS to evaluate a Canadian-based platform integrating advanced batteries and electric propulsion systems for North American drone and defense markets. HPQ holds a 36.8% stake in N...
HP Inc. announced a cash dividend of $0.30 per share for its common stock, payable on October 7, 2026. This is the fourth dividend declared in HP's fiscal year 2026. The dividend will be paid to shareholders recorded by the close of business on Septe...
