When you think about cutting-edge artificial intelligence (AI) companies, generous dividend payments probably aren't on your radar. AI is a booming and fast-evolving industry, requiring massive investments to keep pace with the competition.
IBM (IBM) closed at $224.26 in the latest trading session, marking a -0.24% move from the prior day.
IBM IBM is scheduled to host its Investor Day on Feb. 4.
IBM is set to build custom AI foundation models in collaboration with L'Oreal to advance the creation of sustainable cosmetics.
IBM (IBM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
International Business Machines' (IBM 0.96%) strategy centers around hybrid cloud computing and artificial intelligence (AI). In the cloud computing market, IBM's acquisition of Red Hat forms the foundation of its hybrid cloud platform.
IBM is set to expand Oracle consulting expertise with the Applications Software Technology buyout.
By leveraging Walmart's robust delivery network and logistics expertise, IBM aims to provide reliable last-mile delivery options to its clients and retailers.
International Business Machines Corp (NYSE:IBM) has earned a price target bump to $160 from UBS analysts ahead of its fourth quarter earnings report due on January 29 after US markets close. The analysts raised their price target from $150 but repeated their ‘Sell' rating on the technology firm.
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
In the latest trading session, IBM (IBM) closed at $217.40, marking a -1.07% move from the previous day.
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 $6.6 billion in free cash flow and 10% software segment growth, highlight its profitability and growth potential. Despite risks like economic downturns and integration challenges, IBM's valuation remains attractive, trading at 19.5 times 2026 earnings, with significant opportunities in AI and quantum computing.