International Business Machines Corp (NYSE:IBM) reported third-quarter revenue and profit above Wall Street expectations, driven by strong demand for AI and mainframe solutions, but shares fell 5% in after-hours trading amid concerns over its Red Hat unit. Revenue for the quarter rose 9% year-on-year to $16.3 billion, beating analysts' estimates of $16.1 billion.
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IBM (NYSE: IBM) is set to publish its earnings report on Wednesday, October 22, 2025. In the past five years, IBM has exhibited a trend of positive one-day returns in 58% of cases following its earnings announcements.
Wedbush analysts expect International Business Machines Corp (NYSE:IBM) to report “another solid quarter” on October 22, driven by AI demand for the company's offerings. “We believe that IBM is well-positioned to capitalize on the current demand shift for hybrid and AI applications as well as quantum computing that will drive long-term profitable growth while the company's strategic partnerships further expand its market,” the analysts wrote in a note to clients on Monday.
Besides Wall Street's top-and-bottom-line estimates for IBM (IBM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2025.
The latest trading day saw IBM (IBM) settling at $280.75, representing a +1.67% change from its previous close.
India's second-largest telecom operator Bharti Airtel has partnered with IBM to offer the American tech firm's services through its recently launched cloud platform, the companies said on Wednesday as demand for computing capacity grows.
Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) expects third quarter 2025 results from North American IT services companies to show continued caution among enterprise clients, as businesses weigh AI-related infrastructure investments against limited discretionary budgets. “We expect Q3 2025 reports to reflect ongoing uncertainty as enterprises balance AI infrastructure spending against limited discretionary budgets,” they wrote.
International Business Machines Corp. (NYSE: IBM) was the latest company, American or otherwise, to cut an artificial intelligence (AI) deal.
In the closing of the recent trading day, IBM (IBM) stood at $293.87, denoting a +1.54% move from the preceding trading day.
Zacks.com users have recently been watching IBM (IBM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.