International Business Machines Corporation (NEO: IBM)

Canada flag Canada · Delayed Price · Currency is CAD
30.54
+0.30 (0.99%)
Aug 26, 2024, 3:59 PM EDT
35.31%
Market Cap 245.97B
Revenue (ttm) 85.35B
Net Income (ttm) 11.54B
Shares Out n/a
EPS (ttm) 12.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 5,786
Open 30.36
Previous Close 30.24
Day's Range 30.34 - 30.56
52-Week Range 21.26 - 30.90
Beta 0.71
Analysts n/a
Price Target n/a
Earnings Date Oct 23, 2024

About IBM

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry.... [Read more]

Sector Technology
Founded 1911
Employees 282,200
Stock Exchange Cboe Canada
Ticker Symbol IBM
Full Company Profile

Financial Performance

In 2023, IBM's revenue was $61.86 billion, an increase of 2.20% compared to the previous year's $60.53 billion. Earnings were $7.50 billion, an increase of 357.72%.

Financial numbers in USD Financial Statements

News

IBM stock analysis: would Peter Lynch buy the Big Blue?

International Business Machines (NYSE: IBM) stock price was little changed on Monday after media reports noted that it was shutting down its R&D division in China, affecting over 1,000 jobs. Some of t...

1 day ago - Invezz

IBM to close China R&D department, affecting over 1,000 jobs, Yicai reports

IBM will completely shutter its China R&D, with resulting layoffs affecting over 1,000 jobs, Chinese media outlet Yicai reported on Monday, citing a statement from the company.

1 day ago - Reuters

IBM Shuts China R&D Operations in Latest Retreat by U.S. Companies

The closure will affect more than 1,000 people and the functions will move to other overseas facilities.

1 day ago - The Wall Street Journal

IBM China said to be laying off more than 1,000 employees as it closes research labs

IBM is the latest global tech giant to cut jobs in China this year, as an intensified Sino-US rivalry threatens their mainland businesses.

1 day ago - South China Morning Post

IBM's Software And GenAI Investments Are Generating Strong Free Cash

IBM is now showing growth potential under new management. Read more to see why I continue to recommend a Buy rating on IBM stock.

1 day ago - Seeking Alpha

Nasdaq Down Over 200 Points; Williams-Sonoma Shares Tumble After Q2 Results

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 1% on Thursday. The Dow traded down 0.48% to 40,694.62 while the NASDAQ fell 1.25% to 17,695.46. The S&P...

4 days ago - Benzinga

Gold Down Over 1%; US Initial Jobless Claims Increase

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dipping around 150 points on Thursday. The Dow traded down 0.33% to 40,755.96 while the NASDAQ fell 0.86% to 17,764.21. The S...

5 days ago - Benzinga

I sold a $1.4B startup to IBM—then founded a nature sanctuary. Here are the dangers of AI energy consumption

Artificial intelligence could become one of the largest drivers of carbon emissions in the coming decades.

5 days ago - Fortune

Dow Jumps 100 Points; BJ's Wholesale Earnings Top Estimates

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Thursday. Following the market opening Thursday, the Dow traded up 0.27% to 40,998.86 while the NASDAQ ...

5 days ago - Benzinga

IBM Is Doing A 'Great Job,' Jim Cramer Says — But Don't Buy This Real Estate Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommends holding onto International Business Machines Corporation (NYSE: IBM) or buy some. “I think IBM's doing a great job,” the Mad Money host ad...

5 days ago - Benzinga

Lightning Round: Hold onto or buy more IBM, says Jim Cramer

'Mad Money' host Jim Cramer weighs in on stock including: New York Mortgage Trust, ZIM, PJT Partners, Nano Nuclear Energy, Lumen Technologies, and IBM.

5 days ago - CNBC

Cramer's Lightning Round: IBM is a buy

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

5 days ago - CNBC

2 Old-School Tech Giants Winning in the AI Market

IBM and Cisco are racking up AI-related sales.

5 days ago - The Motley Fool

White US man Randall Dill says IBM fired him to meet race and gender quotas

In his lawsuit, the consultant accuses the company of forcing him out to further its goals of building a more diverse workforce.

5 days ago - South China Morning Post

Fresche Solutions Unveils Game-Changing TotalOps360 Comprehensive Managed Services for IBM i Market

SAN FRANCISCO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Fresche Solutions, a global leader in IBM i management and modernization, announced today its new TotalOps360 Comprehensive Managed Services for the IB...

6 days ago - GlobeNewsWire

IBM fired white worker to fulfill diversity goals, lawsuit claims

IBM is accused in a new lawsuit of forcing out a high-performing white consultant in order to further the company's goals of building a more diverse workforce.

6 days ago - Reuters

IBM Study: C-Suite Confidence in Delivering Basic IT Services Wanes, While Tech CxOs Focus on Gen AI Demands

CEO confidence in the effectiveness of basic IT services nearly halves over 10 years 43% of surveyed tech CxOs say concerns about their technology infrastructure have increased because of generative A...

6 days ago - PRNewsWire

Euronews Digital Summer: US lagging Europe on AI regulation - IBM privacy chief

IBM’s Christina Montgomery discusses ethics and getting more women on board.

7 days ago - Euronews

Better Artificial Intelligence (AI) Stock: Nvidia vs. IBM

Is Nvidia or IBM the better AI stock to buy right now? Find out which tech giant offers the best investment opportunity in the summer of 2024.

10 days ago - The Motley Fool

IBM Algorithms Chosen for Post-Quantum Cryptography Standards

International Business Machines Corporation (NYSE: IBM) recently announced that two of its developed algorithms have been formally incorporated into the world's first post-quantum cryptography standa...

11 days ago - Benzinga

What Is the Dividend Payout for IBM Stock?

An old-school tech titan continues to reward its loyal shareholders.

11 days ago - The Motley Fool

IBM and the USTA Serve Up New and Enhanced Generative AI Features for 2024 US Open Digital Platforms

-New Match Report summaries offer fans detailed analysis for all 254 US Open main draw singles matches -Enhanced version of AI Commentary returns to US Open digital platforms for on-demand highlights,...

12 days ago - PRNewsWire

What's Going On With IBM Stock Wednesday?

International Business Machines Corporation (NYSE: IBM) shares are trading higher today. Yesterday, the company disclosed that two IBM-developed algorithms have been officially included in the first ...

13 days ago - Benzinga