IBM stock rockets to new all-time high on AI bookings
Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to be the only growth business. It reported $7.9 billion in revenue in Q4, up 10% YoY.
Should You Pick IBM Stock At $250?
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if you want upside with a smoother ride than an individual stock,
IBM Stock Rises on AI Demand, Earnings Boost
Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,
IBM Stock Surges After Q4 Report. Still a Buy?
IBM (NYSE: IBM) stock has surged significantly in after-hours trading by 10% and 9% in pre-market trading. This is due to IBM reporting solid Q4 2024 results and bullish guidance for 2025. Here’s everything you need to know:
IBM stock soars on Q4 earnings beat, strong 2025 outlook
IBM (IBM) delivered an earnings beat for its fourth quarter, topping both profit and revenue expectations. The tech giant reported quarterly revenue of $17.55 billion, slightly surpassing the expected $17.
IBM Stock Tests New Record High After Earnings
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the highest close on record,
IBM Stock Soars to All-Time High, Reaching $249.12
In a remarkable display of market confidence, IBM (NYSE:IBM) stock has soared to an all-time high, with shares hitting $251.17. With a substantial market capitalization of $211.4 billion, InvestingPro analysis indicates the stock is trading slightly above its Fair Value,
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IBM Stock Soars To Record High, Poised For Best Day In Over Half A Century: Retail Bullish As BMO Sees More Upside
International Business Machines Corp’s (IBM) stock soared nearly 14% to an all-time high of $261.80 on Thursday morning, ...
IBM Stock Soars 8% In Premarket After Beating Q4 Estimates, Unveiling AI Strategy
IBM shares surged over 8% in premarket on Thursday following the release of its Q4 earnings, which surpassed analysts' ...
Top Stock Movers Now: IBM, Las Vegas Sands, UPS, and More
IBM ( IBM) was the best-performing stock in the Dow and S&P 500 when the computer services provider beat profit estimates as ...
5 Things to Know Before the Stock Market Opens
U.S. stock futures point mostly higher as investors react to corporate earnings, Apple is slated to report results after the ...
IBM rallies nearly 14%, heads for best day ever on strong earnings
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
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IBM Stock Jumps Pre-Market As Analysts Boost Price Targets On AI-Driven Growth In Q4: Retail Bets On Telefonica Quantum Boost
International Business Machines Inc. (IBM) stock rocketed over 9% in pre-market trading on Thursday as retail sentiment remained ‘bullish’ on Stockwits after the tech infrastructure giant reported a ...
IBM Posts Q4 Earnings Beat, Shifts Focus To Software As Analysts Raise Forecasts
IBM stock rises 8% after reporting strong Q4 earnings and unveiling AI strategy. Analysts optimistic about future growth, with raised price targets.
Stock Market Today: Dow Jones Edges Higher As IBM Pops; Meta Rallies After Earnings (Live Coverage)
The Dow Jones and S&P 500 pulled ahead on the stock market today. Tesla climbed while Microsoft sold off following earnings reports.