From Nasdaq: 2025-05-30 17:32:00

HP (NYSE: HPQ) stock took a hit after missing earnings and lowering guidance, causing a share price drop of 11%. While revenue increased by 3% to $13.2 billion in Q2 of fiscal 2025, non-GAAP net income fell to $678 million from $812 million. CEO Enrique Lores noted strong commercial performance but trimmed earnings guidance due to tariffs, forecasting adjusted EPS of $3.00 to $3.30 for the fiscal year. The PC market remains sluggish, leading analysts to question the investment potential of HP stock. The Motley Fool’s Stock Advisor team did not include HP in its list of top 10 stocks to buy now.



Read more at Nasdaq: Why HP Stock Sagged by 11% This Week