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HP's Q2 revenue rises 9%, driven by strong PC sales and AI chip launch, with improved margins and dividend yield.

Analyst Insights
01 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

HP's business is rebounding with Q2 revenues up 9% and three consecutive quarters of accelerating growth. The Personal Systems segment led the gains, supported by the Nvidia RTX Spark chip launch, which could trigger an AI-driven PC upgrade cycle despite competition from Apple. Margins expanded, and Q2 adjusted EPS of $0.86 beat expectations. The stock offers a 5.47% dividend yield, though investors should watch debt levels. Valuation remains attractive compared to the IT sector, prompting a reiterated buy rating as fundamentals improve amid market pessimism.

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