International Business Machines Corporation (IBM)
Market Cap | 198.43B |
Revenue (ttm) | 62.58B |
Net Income (ttm) | 6.40B |
Shares Out | 924.65M |
EPS (ttm) | 6.86 |
PE Ratio | 31.29 |
Forward PE | 20.61 |
Dividend | $6.68 (3.11%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 3,619,628 |
Open | 211.00 |
Previous Close | 210.25 |
Day's Range | 209.77 - 214.95 |
52-Week Range | 153.92 - 237.37 |
Beta | 0.71 |
Analysts | Hold |
Price Target | 208.07 (-3.04%) |
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]
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 $208.07, which is a decrease of -3.04% from the latest price.
News
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...
IBM Launches Its Most Advanced Quantum Computers, Fueling New Scientific Value and Progress towards Quantum Advantage
Qiskit, the world's most performant quantum software, can extend length and complexity of certain circuits to 5,000 two-qubit operations with accurate results on IBM quantum computers RIKEN and Clevel...
Businesses will be 'disadvantaged' if they don't use AI: IBM CEO
This year has been one where developments on the artificial intelligence front have cranked up into warp overdrive. And IBM (IBM) sits right in the center of all things AI.
AWS is negotiating a huge deal to supply IBM with Nvidia GPUs via the cloud
AWS is negotiating a potential $475 million AI cloud deal with IBM. IBM already uses AWS services for AI, including training models on EC2 servers with Nvidia chips.
New IBM Report Shows Strong Tailwinds Behind Corporate Investment in AI for Sustainability; But Ambitions Don't Yet Match Actions
Business leaders see the benefits of investing in IT for sustainability, with 88% planning to increase investments in IT for sustainability over the next 12 months 90% of executives surveyed believe A...
Top Wall Street analysts like these dividend-paying stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including IBM and Ares Capital.
IBM CEO on generative AI: 'We are in favor of a lighter touch on regulation'
Arvind Krishna, IBM CEO, shares his thoughts on regulating generative AI.
IBM CEO Arvind Krishna: Trump election will cause tailwinds to capex and technology spend
Arvind Krishna, IBM CEO, joins 'Squawk on the Street' to discuss how Krishna's view of what's ahead changed following Trump's reelection, what part of IBM's business will perform better in 2025, and m...
IBM "AI in Action" Report Identifies Key Characteristics of Businesses That Consider Themselves Leaders in AI
Effective Data Management Strategy and Aggressive Investment Approach Found as Biggest Differentiators NEW YORK , Nov. 8, 2024 /PRNewswire/ -- IBM (NYSE: IBM) released a new report called AI in Action...
Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
IBM Selected as Official Fan Engagement and Data Analytics Partner for Scuderia Ferrari HP
ARMONK, N.Y. , Nov. 7, 2024 /PRNewswire/ -- IBM (NYSE:IBM) today announced it has entered into a multi-year agreement with Ferrari S.p.A.
Fresche Solutions Acquires Redbourn Business Systems to Expand IBM i Synon/CA 2E Services in the UK and Europe
SAN FRANCISCO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Fresche Solutions, a global leader in IBM i modernization and transformation, acquires Redbourn Business Systems, a UK-based provider of specialized IB...
IBM Vice Chair Gary Cohn talks the tax policy at stake this election
Gary Cohn, former National Economic Council director and IBM vice chair discusses the tax policy at stake this election cycle.
IBM Post-Earnings Summary: Liking 'IBM Light' - Buy IBM's Pullback, As Old Tech Finds A Bid
When IBM reported their Q3 '24 financial results, it had a nice run into the earnings release, trading above its previous April 2013 all-time high of $213-215 per share. While IBM's 2024 EPS estimates...
IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND
ARMONK, N.Y. , Oct. 30, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.67 per common share, December 10, 2024 to stockholders of rec...
The Big 3: META, AMZN, IBM
Meta Platforms (META) and Amazon (AMZN) report earnings on Thursday this week. IBM Corp. (IBM) slipped after reporting a revenue miss last week.
IBM Brings Apptio Product Portfolio to the Microsoft Cloud to Help Organizations Make Informed Technology Planning Decisions
IBM Software Portfolio on the Azure Marketplace Expands Globally ARMONK, N.Y. , Oct. 29, 2024 /PRNewswire/ -- IBM (NYSE: IBM) announced today that it is bringing the Apptio portfolio of enterprise agi...
Fresche Solutions Introduces AI-Celerate to Power the IBM i Community on Their Enterprise AI Journeys
Fresche proudly introduces AI-Celerate, a 12-week strategic advisory framework to enable IBM i organizations to design an enterprise AI technology roadmap.
Compliance Automation Tools Market Report 2024 with 2025-2030 Forecasts Featuring Sprinto, IBM, AuditBoard, Sova, MetricStream, Archer, Drata, Fusion Risk Management, OneTrust, and ProcessUnity
Dublin, Oct. 25, 2024 (GLOBE NEWSWIRE) -- The "Global Compliance Automation Tools Market (2024 Edition): Market Size, Trends, Opportunities and Forecast by Application, Industry, Deployment, Region, B...
3-Stock Lunch: IBM, UPS & Newmont Corp.
Stifel's Ron Kruszewski, joins 'Power Lunch' to discuss to stock plays for three stocks.
What Tesla and IBM earnings signal about Big Tech
IBM (IBM) shares are under pressure after releasing mixed third quarter results showing artificial intelligence (AI) and software growth with weakness in other areas. Tesla (TSLA) stock is on the rise...