International Business Machines Corporation (IBM)
| Market Cap | 207.85B |
| Revenue (ttm) | 62.58B |
| Net Income (ttm) | 6.40B |
| Shares Out | 924.65M |
| EPS (ttm) | 6.86 |
| PE Ratio | 32.90 |
| Forward PE | 21.66 |
| Dividend | $6.68 (2.97%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 5,470,839 |
| Open | 225.96 |
| Previous Close | 222.66 |
| Day's Range | 223.66 - 225.96 |
| 52-Week Range | 162.62 - 239.35 |
| Beta | 0.74 |
| Analysts | Hold |
| Price Target | 217.54 (-3.23%) |
| Earnings Date | Jan 29, 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 13 analysts, the average rating for IBM stock is "Hold." The 12-month stock price forecast is $217.54, which is a decrease of -3.23% from the latest price.
News
IBM to Acquire Applications Software Technology LLC, Bolstering Oracle Expertise to Help Clients Transform Their Operations
Applications Software Technology's deep US and UK public sector skills support clients' Oracle Cloud Application transformations ARMONK, N.Y. , Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE: IBM) today anno...
IBM and L'Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics
PARIS and NEW YORK , Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE: IBM) and L'Oréal, the world's leading beauty company, announced a collaboration to leverage IBM's generative artificial intelligence (GenA...
IBM to Announce Fourth-Quarter 2024 Financial Results
ARMONK, N.Y. , Jan. 15, 2025 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its fourth-quarter 2024 financial results on Wednesday, January 29, 2025 at 5:00 p.m.
Walmart and IBM Team to Bolster Last-Mile Delivery
Walmart has formed a partnership with IBM aimed at improving last-mile delivery for retailers. The collaboration will integrate Walmart's GoLocal delivery service into IBM's Sterling order management ...
CoreWeave Partners with IBM to Deliver New AI Supercomputer for IBM Granite Models
One of the first deployments of NVIDIA GB200 NVL72 at supercomputing scale Supercomputer will leverage IBM Storage Scale System to power AI research and development ROSELAND, N.J. and YORKTOWN HEIGHTS...
IBM, Globant, EPAM Top IT Bets For 2025, Driven by Demand Trends And Margin Expansion: Analyst
Goldman Sachs analyst James Schneider expects fourth-quarter 2024 reports to reflect gradual demand improvement in 2025 guidance. Based on intra-quarter management commentary and Accenture ACN
IBM: Still Undervalued At All-Time Highs Yielding Around 3%
IBM has transformed into a hybrid tech company focusing on AI, hybrid cloud, automation, and quantum computing, leading to a 36.30% share price increase in 2024. IBM's strong Q3 results, including $6....
IBM: Positives Have Been Priced In (Rating Downgrade)
Earlier, I argued that the growth potential of IBM's software business is underestimated with the expansion of AI. IBM has indeed made progress on this front with several of its AI-related products si...
RISE with SAP on IBM Power Virtual Server to Help Accelerate Transformation with SAP S/4HANA Cloud
New offering designed to move SAP S/4HANA workloads from IBM Power Systems on-premises to cloud within 90 days IBM realized 30% reduction in infrastructure costs and related operations over 18 month...
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-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 Study: AI Spending Expected to Surge 52% Beyond IT Budgets as Retail Brands Embrace Enterprise-Wide Innovation
The report found that 81% of surveyed executives and 96% of their teams are already using AI to a moderate or significant extent Executives indicate they want to expand into more sophisticated AI use...
CSCO, HPE, IBM & LNVGY A.I. Names to Watch in 2025
"We are so early" in the A.I. trade, according to Steven Dickens.
January Dow Dogs: 1 'Safer' Buy, And 5 With Promise
Verizon Communications is the only Dow Dog meeting the ideal of annual dividends from $1K invested, exceeding the single share price. Analysts forecast 11.36% to 31.73% net gains from the top ten Dow ...
IBM, GlobalFoundries settle lawsuits over contract, trade secrets
GlobalFoundries and IBM said on Thursday that they have settled dueling lawsuits claiming that GlobalFoundries breached a contract with IBM and that the computer giant misused the chipmaker's trade se...
UK antitrust watchdog launches review of IBM's HashiCorp takeover
The Competition and Markets Authority, the U.K.'s antitrust watchdog, has opened an investigation into whether IBM's planned acquisition of cloud software vendor HashiCorp would affect competition.
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...