International Business Machines (IBM) received significant analyst attention this week, with Morgan Stanley raising its price target to $293 and Citigroup lifting theirs to $375 while upgrading the stock to a 'buy' rating. Conversely, HSBC downgraded IBM to 'reduce' with a lower target of $191,...
IBM shares rose 3% after the company announced a plan to invest over $10 billion over the next five years to develop large-scale, fault-tolerant quantum computers. The initiative aims to bring a commercial system to market by 2029, targeting hardware capable of executing 100 million...
International Business Machines (IBM) reported strong first-quarter 2026 results, delivering $15.917 billion in revenue, a 9% year-over-year increase. The company expanded its pre-tax operating margin by 140 basis points to reach an EBIT of $2.504 billion. Adjusted earnings per share came in at $1.91, beating...
IBM CEO Arvind Krishna announced a major new cybersecurity initiative titled Project Lightwell, backed by an investment of $5 billion. This push aims to address growing vulnerabilities in open-source software, which is widely used because of its cost-effectiveness and accessibility. Krishna stated that the launch...
International Business Machines (IBM) shares fell 2.1% to $206.03 following a quarterly earnings report that missed revenue expectations but met EPS estimates. The company reported revenue of $17.16 billion, down from the analyst consensus of $17.46 billion, though earnings per share remained flat at $2.93....
Counterpoint Mutual Funds LLC increased its stake in International Business Machines Corporation (IBM) by purchasing 17,415 shares valued at approximately $4.22 million during the first quarter, according to recent SEC 13F filings. Several other institutional investors, including Basepoint Wealth LLC and Family CFO Inc, also...
IBM shares rose 4.5% following an analyst upgrade to Overweight with a price target increase to $291, driven by confidence in software acceleration and the company's expanding AI and quantum computing narratives. The move builds on recent corporate announcements regarding significant investments in future growth...
International Business Machines (IBM) stock is trading at $268.71, having pulled back significantly from its January peak near $314.84. The article argues the stock is attractively valued with a forward P/E of 22 and a trailing P/E of 24, while offering a 2.44% dividend yield...
Economist Julius Probst of Recruitonomics has dismissed a viral 'AI Jobs Doom' scenario predicting 10.2% U.S. unemployment and a 38% S&P 500 crash by June 2028 as extremely unrealistic. Probst argues that such a severe shock would trigger immediate fiscal stimulus and rate cuts, creating...
Focus Partners Wealth significantly increased its stake in IBM by 88.3% in the fourth quarter, holding 415,564 shares valued at approximately $123 million. Several other institutional investors, including Brighton Jones LLC and Sivia Capital Partners, also lifted their positions during the second or fourth quarters,...
Wedbush has raised its price target for IBM to $350 from $320 while maintaining an Outperform rating, citing positive momentum driven by artificial intelligence initiatives. Analyst Dan Ives describes IBM's combination of software, consulting, and infrastructure as a self-reinforcing business flywheel that is still in...
24/7 Wall St. has issued a 12-month price target of $270.73 for International Business Machines (IBM), representing a 16.47% upside from the current trading price of $232.44. The analysis suggests IBM is attractively valued with a favorable risk-reward profile for investors holding a one-year horizon,...
Institutional investors have recently adjusted their positions in International Business Machines Corporation (IBM), with ABN Amro Investment Solutions increasing its stake by 11.1% to own 49,663 shares valued at $12.0 million. Other notable changes include Oslo Pensjonsforsikring AS establishing a new $30.4 million position and...
Andra AP fonden significantly increased its stake in International Business Machines Corporation (IBM) by 24.0% during the first quarter, purchasing an additional 23,800 shares to hold a total of 122,900 shares valued at approximately $29.79 million according to recent SEC filings. Several other institutional investors...
International Business Machines (NYSE:IBM) suffered its worst trading session on record, losing 25.2% of its value and erasing approximately $68 billion in market capitalization on July 14, 2026. This dramatic sell-off occurred despite a robust global AI investment cycle, where Gartner projects worldwide spending will...
Bank of New York Mellon Corp reduced its stake in International Business Machines Corporation (IBM) by 0.3% in the first quarter, selling 22,236 shares to hold approximately 7.17 million shares valued at $1.74 billion. While BNY Mellon trimmed its position, several other institutional investors and...
Jim Cramer recently advised investors to buy IBM stock, citing a forward P/E of 23 as inexpensive and praising CEO Arvind Krishna's execution. The article highlights that while IBM has trailed the S&P 500 significantly over the past year, gaining only 3% compared to the...
Susquehanna initiated coverage on International Business Machines (IBM) with a neutral rating and a $303 price target, while other major firms have recently adjusted their stances. Bank of America upgraded IBM to a 'buy' with a $330 target, Jefferies and DZ Bank also issued buy...
Hoey Investments Inc. significantly increased its stake in IBM by 377.7% during the first quarter, purchasing an additional 7,275 shares to hold a total of 9,201 shares valued at $2.23 million. While this represents Hoey's 22nd largest holding, other institutional investors also adjusted their positions,...
International Business Machines (IBM) shares rose 5.04% to close at $264.94 following an analyst upgrade from JPMorgan. The investment bank upgraded IBM to 'overweight' from neutral and raised its price target by 7.8% to $291, citing strong prospects for the company's software business driven by...
