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HP Inc HPQ Stock Surges 15% on AI PC Demand Optimism Ahead of Q2 Earnings

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23.05.2026

PALO ALTO, Calif. — HP Inc. shares rose 15.25% to close at $25.24 on May 22, 2026, as investors positioned ahead of the company's fiscal second-quarter 2026 earnings report scheduled for May 27.

The stock outperformed the broader technology sector, which gained about 1% on the day. Trading volume reached more than 48 million shares, well above average. In after-hours trading, shares moved slightly higher to around $25.26.

Q1 2026 Results Recap

HP reported fiscal first-quarter 2026 revenue of $14.4 billion, up 6.9% from the prior-year period. Non-GAAP diluted earnings per share were $0.81, up 9.5% year-over-year and at the high end of the company's guidance range. GAAP diluted EPS was $0.58.

Personal Systems revenue contributed significantly to the top-line growth. The company highlighted strength in commercial markets and early momentum in AI-enabled PCs.

Upcoming Q2 Earnings Expectations

HP is scheduled to report fiscal Q2 2026 results after market close on May 27, 2026. Analysts project revenue of approximately........

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