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HP Inc.
As of May 30, 2026 at 24:05 UTC
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About HP Inc.
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
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Latest News
5 articlesU.S. stock futures declined on Thursday following geopolitical tensions as the U.S. and Iran exchanged strikes. The S&P 500 and Dow futures fell slightly, while Treasury yields held steady at 4.50% for the 10-year bond. Key stocks in focus included Snowflake (surging 35% on strong earnings), Salesforce (down 1.86% despite earnings beat due to soft guidance), and Costco (up 0.35% ahead of earnings). Analyst Jeremy Siegel maintained a cautiously bullish outlook, noting that a potential Iran settlement could support market momentum.
HP Inc. reported Q2 earnings that beat analyst expectations with adjusted EPS of 86 cents and 9% revenue growth to $14.41 billion. However, the stock fell in premarket trading as the company narrowed its full-year adjusted profit outlook to $2.90-$3.10 per share due to rising memory and storage costs, inflationary pressures, and higher energy-related input costs expected through the second half of fiscal 2026.
EMEA tech sponsorship spending has more than doubled from $1.29 billion in 2020 to $2.93-2.94 billion in 2024-2025, with soccer dominating at 63.2% of value and motor racing surging to $700.90 million. Major tech brands including EA Sports, Deutsche Telekom, Vodafone, and cloud providers are driving growth through digital-first experiences, VR, and 5G technologies.
HP Inc. reported Q2 earnings of 86 cents per share, beating consensus estimates of 71 cents by 21.13%, and quarterly revenue of $14.41 billion, exceeding the Street estimate of $14.04 billion. Personal Systems revenue grew 13% year-over-year to $10.2 billion, while Printing revenue remained flat at $4.2 billion. Despite the strong earnings beat, HP stock was up only 0.71% in extended trading, closing at $25.67.
Four major technology companies—Salesforce, Snowflake, Marvell, and HP—report earnings after market close, providing investors with a comprehensive view of AI demand across enterprise software, data cloud, custom semiconductors, and PCs. The reports will test whether AI spending is translating into sustainable revenue growth across the technology supply chain, with particular focus on guidance and proof that demand extends beyond megacap platforms.