Date | Price Target | Rating | Analyst |
---|---|---|---|
10/2/2024 | $215.00 | Buy → Hold | DZ Bank |
6/24/2024 | $200.00 | Buy | Goldman |
5/2/2024 | $145.00 | Underperform | Exane BNP Paribas |
1/19/2024 | $165.00 → $200.00 | In-line → Outperform | Evercore ISI |
1/5/2024 | $180.00 | Hold | Jefferies |
1/5/2024 | $143.00 | Hold → Sell | Societe Generale |
12/5/2023 | $155.00 → $170.00 | Buy | BofA Securities |
9/20/2023 | $188.00 | Outperform | RBC Capital Mkts |
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
10-Q - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
ARMONK, N.Y., July 29, 2024 /PRNewswire/ -- The IBM (NYSE:IBM) board of directors today declared a regular quarterly cash dividend of $1.67 per common share, payable September 10, 2024 to stockholders of record August 9, 2024. With the payment of the September 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916. Contact: Tim Davidson (914) [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-board-approves-regular-quarterly-cash-dividend-302209052.html SOURCE IBM
Accelerated revenue growth led by Software; Raises full-year free cash flow expectation ARMONK, N.Y., July 24, 2024 /PRNewswire/ -- IBM (NYSE:IBM) today announced second-quarter 2024 earnings results. "We had a strong second quarter, exceeding our expectations, driven by growth in both revenue and free cash flow. We continue to see that clients turn to IBM for our technology and our expertise in enterprise AI, and our book of business for generative AI has grown to more than two billion dollars since the launch of watsonx one year ago," said Arvind Krishna, IBM chairman and ch
ARMONK, N.Y., July 10, 2024 /PRNewswire/ -- IBM (NYSE:IBM) will hold its quarterly conference call to discuss its second-quarter 2024 financial results on Wednesday, July 24, 2024 at 5:00 p.m. ET. The live webcast of the earnings call can be accessed at www.ibm.com/investor. Please also visit the investor website for the earnings press release prior to the webcast. A replay, associated charts and prepared remarks will be available after the event. Media Contact:Tim DavidsonIBM Corporate [email protected] View original content to download multimedia:https
International Business Machines Corporation (NYSE:IBM) shares are moving higher on Thursday after the company reported strong second quarter earnings. What To Know: IBM reported 2024 fiscal year second quarter results after the market closed on Wednesday. The company reported adjusted EPS at $2.43 beating analysts estimate of $2.19. In addition, IBM reported sales of $15.80 billion beating analyst estimates of $15.61 billion. The reported revenue represents a 2% increase from the same period last year. IBM further broke down its revenue for the second quarter. The company reported revenue from software at $6.7 billion, revenue from consulting at $5.2 billion, revenue from infrastru
Stifel analyst David Grossman maintains IBM (NYSE:IBM) with a Buy and raises the price target from $190 to $205.
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
Latest IBM Quantum system, powered by an IBM Quantum Heron processor, achieves reduced error rates at 16 times better performance, and 25-fold increase in speed over 2022 IBM Quantum systems.(1) IBM completes installation of second IBM Heron, its most performant quantum processor to date, now available to clients globally. Company announces all quantum systems in Poughkeepsie and globally can operate at utility-scale, beyond brute-force simulation capabilities of classical computers. POUGHKEEPSIE, N.Y., Sept. 26, 2024 /PRNewswire/ -- IBM (NYSE:IBM) announced today the completion of its latest expansion of the IBM Quantum Data Center in Poughkeepsie, New York, which operates the highest numb
New AI foundation model offers insights beyond forecasting for scientists, developers, and businesses to better understand and analyze weather and climate data YORKTOWN HEIGHTS, N.Y., Sept. 23, 2024 /PRNewswire/ -- IBM (NYSE:IBM) today announced a new AI foundation model for a variety of weather and climate use cases, available in open-source to the scientific, developer, and business communities. Developed by IBM and NASA, with contributions from Oak Ridge National Laboratory, the model offers a flexible, scalable way to address a variety of challenges related to short-term weather as well as long-term climate projection.
New locations in Bucharest, Romania, Buffalo, New York, and Leicester, UK, aim to help clients explore opportunities in generative AI, hybrid cloud and other Microsoft technologies to transform their business ARMONK, N.Y., Sept. 19, 2024 /PRNewswire/ -- Today, IBM (NYSE:IBM) and Microsoft announced the official opening of three new IBM-Microsoft Experience Zones within IBM's Client Innovation Centers. These Experience Zones are designed to help global clients across industries, such as financial services, government, healthcare, industrial, manufacturing and consumer packed goods (CPG), find new ways to derive value from generative AI, hybrid cloud and other Microsoft products and technologi
DZ Bank downgraded IBM from Buy to Hold and set a new price target of $215.00
Goldman initiated coverage of IBM with a rating of Buy and set a new price target of $200.00
Exane BNP Paribas initiated coverage of IBM with a rating of Underperform and set a new price target of $145.00
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
USA News Group CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, June 21, 2024 /PRNewswire/ -- USA News Group – Several big winners have been made already in the ongoing artificial intelligence (AI) revolution. However, there's clearly none bigger than chipmaking giant NVIDIA Corporation (NASDAQ:NVDA), which just surpassed two of its big tech peers to become the most valued publicly-traded company on the planet. To put it into perspective, NVIDIA's market cap is currently larger than each of Europe's largest stock markets, while lucky investors who bet $1000 on NVIDIA stock just ten years ago would be sitting on an extra $297,600 today. Now as analysts are predicting that
USA News Group CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- With integration of AI-powered computing steadily on the rise, analysts at Goldman Sachs Research are projecting that the global data center power behind this tech boom is poised to more than double by 2030. However, the catch is that Goldman's teach believes that the supporting data center load growth will require at least $50 billion in new power generation capacity investment to achieve this. Experts are now declaring that 'futuristic AI needs futuristic data centers' in order to achieve the dreams of developers and end-users. According to WhaTech, the growth for data centers ma
INSTANT®, a leading data automation and generative technology company specializing in real-time business intelligence for global enterprises and financial institutions, is delighted to announce the appointment of Rob Melnyk as Executive Vice President, Financial Services. With his extensive experience in leadership at high-growth investment management and capital markets firms, Rob brings a wealth of knowledge and expertise to the INSTANT leadership team. As Executive Vice President, Financial Services, Rob will spearhead efforts to refine the INSTANT Platform for Financial Services, assist with the product delivery sales process, drive strategic planning, and lead cross-organizational initi
SC 13G/A - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Subject)
SC 13G/A - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Subject)
SC 13G/A - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Subject)