International Business Machines Corporation (IBM)
IBM Gains 35% in the Past Year: Reason to Buy the Stock?
IBM appears to be treading in the middle of the road, and new investors could be better off if they trade with caution.
Where Will IBM Be in 5 Years?
IBM has pivoted from a traditional tech company to an AI powerhouse. The Watson AI engine is designed to deliver reliable and traceable outputs -- just what enterprise-class corporate clients always wanted.
Better Cloud and AI Stock: IBM vs. Microsoft
IBM's growth rates are stabilizing as it expands its hybrid cloud and AI services. Microsoft's cloud and AI businesses are still growing rapidly.
International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know
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.
IBM (IBM) Ascends While Market Falls: Some Facts to Note
IBM (IBM) concluded the recent trading session at $204.11, signifying a +1.41% move from its prior day's close.
Largest U.S. Pension Sold Nvidia, IBM, and Walmart
California Public Employees' Retirement System slashed stakes in Nvidia, IBM, and Walmart, while buying more shares of Lucid Group in the second quarter.
IBM: Top Tier Enterprise AI Play
IBM's Q2 results exceeded expectations, driven by strong performance in software, consulting, and infrastructure, and a 24% increase in free cash flow. IBM's AI strategy, including the Watsonx platform and Meta's Llama 3 integration, positions it well for enterprise AI adoption with enhanced security and customization. IBM's valuation is currently undervalued, with a forward P/E ratio of 19.58, suggesting a potential 20.42% upside if it matches the sector median.
IBM's Next Mainframe Will Pack an AI Punch
IBM details its upcoming Telum II mainframe chip as well as its Sprye AI accelerator card. Both chips will be available in new mainframe systems next year.
IBM: Don't Overpay For The Dividends
IBM's fair value is estimated to be around $145 per share using a dividend discount model with an 8.2% required rate of return. Despite improving business performance, IBM's stock appears overvalued based on traditional price multiples and historical valuation metrics. IBM remains a robust dividend payer, benefiting from potential lower interest rates and improved macroeconomic conditions.
IBM Joins AI Chip Race with Mainframe-Focused Processor
IBM has unveiled an upgraded computer chip that could give its customers an AI boost, potentially reshaping how some industries handle data-intensive tasks. For big businesses still relying on IBM's powerhouse mainframe systems, the Telum II processor could mean smarter, faster operations in an increasingly AI-driven world.
IBM to Shut Down China R&D Operations: Will the Stock Benefit?
International Business Machines announces the closure of its hardware research team in China due to geopolitical tensions between the world's two largest economies.
IBM Unveils Processor Innovations to Boost AI on IBM Z Platform
International Business Machines Corporation IBM has unveiled the architecture of the upcoming IBM Telum II Processor and IBM Spyre at Hot Chips 2024. Designed to enhance processing capacity in next-generation IBM Z mainframe systems, these technologies will accelerate the use of traditional and large language AI models through an innovative ensemble artificial intelligence (AI) method.
