IBM's stock has risen over 7% since my 'Strong Buy' recommendation, driven by its leadership and monetization potential in quantum computing. The Company's unique integration of quantum and classical computing positions it to solve complex problems and maintain a competitive edge over Google and Microsoft. International Business Machines has achieved over $1 billion in quantum-related sales, signaling strong market demand and potential for significant revenue growth.
IBM's strategic pivot under CEO Arvind Krishna has positioned it in growth areas like AI and hybrid cloud, enhancing its business performance and investor appeal. IBM's stock has shown resilience and outperformance, offering a defensive hedge against broader tech sector volatility, with a 14% YTD return versus Nasdaq's 7% decline. Impressive Q4 earnings with solid revenue growth, margin expansion, and a $12.7B FCF, alongside a strong AI business, bolster IBM's investment case.
IBM (IBM 1.04%) is focusing on reaccelerating service growth as enterprises move to the cloud.
The Investment Committee debate the latest Calls of the Day.
Arvind Krishna, IBM CEO, joins 'Closing Bell Overtime' to talk quarterly results, the impact of tariffs, quantum computing and more.
So far in 2025, many stocks in the United States technology sector are still stuck in first gear. As of the Mar. 7 close, the Technology Select Sector SPDR Fund NYSEARCA: XLK, which measures the performance of S&P 500 tech stocks, has returned -6%.
IBM on Monday won a London lawsuit against U.S. tech entrepreneur and philanthropist John Moores' company LzLabs, which the IT giant accused of stealing trade secrets.
Gary D. Cohn, Vice Chairman, IBM discusses how the next phase of AI could impact the economy and business with Bloomberg's Matthew Miller at Bloomberg Invest. 00:00 Gary Cohn 00:30 Cohn on artificial intelligence 02:23 more CEOs are using AI 07:00 Cohn on the future of AI 13:00 Cohn on markets and regulation 14:30 ai productivity 16:00 ai and jobs 18:00 ai will help people find better jobs 20:00 ai and regulation -------- More on Bloomberg Television and Markets Like this video?
Riding on a robust earnings surprise history and favorable Zacks Rank, IBM appears primed for further stock price appreciation.
IBM (IBM) closed at $251.35 in the latest trading session, marking a -0.73% move from the prior day.
IBM (IBM) reported earnings 30 days ago. What's next for the stock?
With HashiCorp Acquisition IBM is set to bolster its product portfolio and accelerate its hybrid cloud and AI initiatives.