International Business Machines Corporation (IBM)
| Market Cap | 206.53B |
| Revenue (ttm) | 62.58B |
| Net Income (ttm) | 6.40B |
| Shares Out | 924.65M |
| EPS (ttm) | 6.86 |
| PE Ratio | 32.69 |
| Forward PE | 21.46 |
| Dividend | $6.68 (2.99%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 3,668,368 |
| Open | 222.73 |
| Previous Close | 223.92 |
| Day's Range | 221.75 - 227.68 |
| 52-Week Range | 157.89 - 239.35 |
| Beta | 0.73 |
| Analysts | Hold |
| Price Target | 209.07 (-6.4%) |
| Earnings Date | Jan 22, 2025 |
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]
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 StatementsAnalyst Forecast
According to 14 analysts, the average rating for IBM stock is "Hold." The 12-month stock price forecast is $209.07, which is a decrease of -6.40% from the latest price.
News
IBM Study: More Companies Turning to Open-Source AI Tools to Unlock ROI
85% of IT decision makers surveyed reported progress in their companies' 2024 AI strategy, with 47% saying they have already achieved positive ROI Nearly half of surveyed companies are looking to open...
Quantum Computing Stocks Are Flying. Investors Should Brace for a Long Haul.
Three small computer companies doing quantum computing have seen their shares soar in value.
IBM wants to be the enterprise LLM king with its new open-source Granite 3.1 models
The IBM Granite 3.1 open source models provide 128K context, integrated hallucination protection and accelerated embedding capabilities.
IBM's stock has missed the quantum rally but could still be your ticket to ride that hot trend
Melius Research analyst Ben Reitzes says IBM's quantum computing practice dates back to the 1980s
Lockheed Martin Adds IBM Granite to its Suite of Next-Generation AI Factory Tools
ARMONK, N.Y. , Dec. 18, 2024 /PRNewswire/ -- Lockheed Martin, a longtime leader in harnessing artificial intelligence to boost defense and aerospace capabilities, is once again reshaping the future of...
North Carolina Central University's Patrick Flanigan Is 2024 Recipient of $100,000 IBM-SPIE HBCU Faculty Accelerator Award in Quantum Optics and Photonics
BELLINGHAM, Wash.--(BUSINESS WIRE)--SPIE, the international society for optics and photonics, and the IBM-HBCU Quantum Center have selected Patrick Flanigan, a principal investigator at North Carolina...
New York Emerging Technology Advisory Board Publishes First Report Outlining Vision to Elevate Leadership in AI
The report builds on Governor Kathy Hochul's efforts to advance New York's global reputation as the place where businesses come to grow, innovate, and create the future of emerging technologies. NEW Y...
IBM and State of Illinois to Build National Quantum Algorithm Center in Chicago with Universities and Industries
Anchored by next-generation IBM Quantum System Two in Illinois Quantum and Microelectronics Park, new initiative will advance useful quantum applications as industries move towards quantum-centric sup...
IBM Study: Vehicles Believed to be Software Defined and AI Powered by 2035
ARMONK, N.Y. , Dec. 12, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) Institute for Business Value today published its latest 'Automotive 2035' study which reveals an industry grappling with an erratic tra...
Johnson: Quantum computing is real, with Alphabet and IBM leading the way.
Craig Johnson, Chief Market Technician at Piper Sandler & Co., discusses the potential for market growth beyond the well-known "MAG Seven" companies, highlighting opportunities in small and mid-cap st...
Trump's cabinet picks are quite friendly to business, growth, says IBM's Gary Cohn
Gary Cohn, IBM vice chairman and former NEC director and Goldman Sachs president, joins 'Money Movers' to discuss the market's optimism following Trump's election victory, the potential negative impac...
IBM: Big Blue, Big Opportunities In 2025
IBM shares have risen 20% since the last time I wrote on them, driven by market recognition of their key role in the AI revolution as an AI model implementer. Strategic partnerships with Amazon Web Se...
Final Trade: LMAT, GOOGL, IBM, GILD
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
IBM Brings the Speed of Light to the Generative AI Era with Optics Breakthrough
New co-packaged optics innovation could replace electrical interconnects in data centers to offer significant improvements in speed and energy efficiency for AI and other computing applications YORKTO...
IBM to Hold Investor Day on February 4, 2025
ARMONK, N.Y. , Dec. 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it will hold an Investor Day on Tuesday, February 4, in person in New York City, beginning at 1PM (ET).
IBM Is In The Midst Of An AI Renaissance - Stop Doubting That
IBM is expected to outperform the S&P 500 in 2024, driven by its GenAI advancements and strong management decisions. The Software segment, particularly through Red Hat and automation tools, is achievi...
ABBYY Co-presents with IBM at AI Summit New York 2024
AUSTIN, Texas--(BUSINESS WIRE)-- #AI--ABBYY Co-presents with IBM at AI Summit New York 2024; Must-see session focuses on the future of automation with AI agents; visit at booth 347.
Wasabi Expands Data Management Offerings for UK Customers
BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it is expanding their data management offerings for customers with the addition of IBM (NYSE: IBM) Cloud's ...
Dow 30 December Dogs Show 28 Pay Dividends And 1 "Safer" Buy
Verizon is the only Dow Dog meeting the ideal of annual dividends from $1K invested exceeding its single share price. Five more Dow Dogs, including Cisco and Merck, are within 66% of meeting this idea...
QANplatform Becomes IBM Business Partner
Tallinn, Estonia--(Newsfile Corp. - December 4, 2024) - QANplatform, the game-changing Layer 1 blockchain platform, announces its partnership with IBM as an official IBM Business Partner. They are int...
IBM: Fully Priced At 20x Earnings, Monitoring Momentum Trends (Rating Downgrade)
Tech stocks, excluding semiconductors, have surged, with IBM benefiting from AI trends, but valuation concerns prompt a downgrade to a hold. IBM's Q3 results were mixed, with strong software growth bu...
Dun & Bradstreet Accelerates Procurement and Supplier Risk Decisions With AI Assistant, Powered by World-Class Data and IBM Technology
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dun & Bradstreet (NYSE: DNB), a leading global provider of business decisioning data and analytics, announced today the availability of D&B Ask Procurement, its ge...
Tariffs are an unbelievable bargaining leverage tool, IBM vice-chairman says
IBM Vice-chairman Gary Cohn discusses the 2017 tax cuts, tariffs and the Trump transition team on 'The Claman Countdown.'
UFC Names IBM as First-Ever Official AI Partner
IBM and UFC to develop UFC Insights Engine built with IBM watsonx to offer enhanced fight analysis across viewing platforms ARMONK, N.Y. and LAS VEGAS , Nov. 14, 2024 /PRNewswire/ -- IBM (NYSE: IBM) a...
IBM 'one of the most valuable businesses in AI': Analyst
"Five years from now, if you're not using [artificial intelligence] in every part of your business, I can look you in the eye and say you're going to be fundamentally disadvantaged," IBM (IBM) CEO Arv...