HP Inc (HPQ) Expects Commercial Penetration of AI PCs to Increase in 2025 and 2026. The Forward P/E 2024 Ratio of 11 Seems moderate.

HP Inc. shares (HPQ) have performed strongly in recent days. On Wednesday (May 29) after the close of trading, the company reported a recovery in demand in the PC business, especially for commercial PCs. The PC business has grown again for the first time in eight quarters. The AI era now offers additional fantasy, as this should trigger a wave of renewal for PCs. However, HP initially expects AI PCs to have a rather small impact on its results in the Second Half of the year. The recently launched next-generation AI PCs are expected to initially...