International Business Machines Corporation provides integrated solutions and services worldwide. Its Cloud & Cognitive Software segment offers software for vertical and domain-specific solutions in various application areas; and customer information control system and storage, and analytics and integration software solutions to support client mission on-premise workloads in banking, airline, and retail industries. It also offers middleware and data platform software, including Red Hat that enables the operation of clients' hybrid multi-cloud environments; and Cloud Paks, WebSphere distributed, and analytics platform software, such as DB2 distributed, information integration, and enterprise content management, as well as IoT, Blockchain and AI/Watson platforms. The company's Global Business Services segment offers business consulting services; system integration, application management, maintenance, and support services for packaged software; and finance, procurement, talent and engagement, and industry-specific business process outsourcing services. Its Global Technology Services segment provides IT infrastructure and platform services; and project, managed, outsourcing, and cloud-delivered services for enterprise IT infrastructure environments; and IT infrastructure support services. The company's Systems segment offers servers for businesses, cloud service providers, and scientific computing organizations; data storage products and solutions; and z/OS, an enterprise operating system, as well as Linux. Its Global Financing segment provides lease, installment payment, loan financing, short-term working capital financing, and remanufacturing and remarketing services. The company has a collaboration alliance with GK Software SE to enhance retail innovation and customer omnichannel experience with hybrid cloud technology. The company was formerly known as Computing-Tabulating-Recording Co. The company was incorporated in 1911 and is headquartered in Armonk, New York.
IPO Year:
Exchange: NYSE
Website: ibm.com
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 |
7/17/2023 | $145.00 → $150.00 | Market Perform | BMO Capital Markets |
7/7/2023 | $145.00 | Neutral | JP Morgan |
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)
Applications Software Technology's deep US and UK public sector skills support clients' Oracle Cloud Application transformations ARMONK, N.Y., Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE:IBM) today announced its intent to acquire Applications Software Technology LLC1, a global Oracle consultancy. Applications Software Technology brings deep expertise driving business transformations with Oracle Cloud Applications, including for clients in the public sector such as local government and K-12 education. Public sector cloud transformations frequently face issues that include difficult
CEO David Heinzmann to retire after a distinguished 40-year career Industry veteran and board director Dr. Greg Henderson appointed CEO Littelfuse, Inc. (NASDAQ:LFUS), a diversified industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced that David ("Dave") Heinzmann, President and Chief Executive Officer, has informed the Board of Directors of his intention to retire as President and CEO. The Board has appointed Dr. Greg Henderson, a member of the Littelfuse Board of Directors, as President and Chief Executive Officer effective February 10, 2025. Mr. Heinzmann will remain on the Littelfuse Board through April 2025 and, to sup
Shamla Naidoo's Extensive Background in Technology, Data, and Privacy Provides Asbury Automotive Group with Additional Cyber Security Insight Asbury Automotive Group, Inc. (NYSE:ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025. The Board has appointed Ms. Naidoo to the Audit Committee and the Compensation & Human Resources Committee. Ms. Naidoo's election brings the total number of directors to ten, nine of whom are independent, including Ms. Naidoo. "We are thrilled to welcome Shamla to the Board. She is a tremendous addition and
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
Collaboration through IBM SkillsBuild will create access to technology training for thousands of young people from communities historically underrepresented in technology AUSTIN, Texas, March 7, 2024 /PRNewswire/ -- SXSW EDU -- Usher's New Look (UNL) and IBM (NYSE:IBM) today announced a collaboration to provide free career readiness training through IBM SkillsBuild. With a focus on artificial intelligence (AI) and professional workplace skills, IBM will provide UNL with training and customized learning plans for student learners. This effort aims to benefit thousands of UNL's young learners nationwide, including high school and college-age youth from communities traditionally underrepresente
Keio University, The University of Tokyo, Yonsei University, Seoul National University, and The University of Chicago and IBM to collaborate on preparing the future quantum workforce TOKYO, Dec. 13, 2023 /CNW/ -- Today, IBM (NYSE:IBM) announced the company intends to engage with Keio University, The University of Tokyo, Yonsei University, Seoul National University, and The University of Chicago to work together to support quantum education activities in Japan, Korea, and the United States. IBM intends to deliver educational offerings, in combination with contributions from each of the participating universities, to advance the training of up to 40,000 students over the next 10 years to prepa
– Company Welcomes World-Class Go-To-Market Executive to Scale its Customer Facing Operations – Evolv Technology (NASDAQ:EVLV), the leader in AI-based weapons detection security screening, today announced the appointment of Jay Muelhoefer to serve as Chief Commercial Officer, effective October 12, 2023. Mr. Muelhoefer will assume global responsibility for the Company's Sales, Marketing, Alliances, Channels, and Customer Success teams to help expand brand awareness, drive revenue growth globally, and ensure exceptional customer experiences. Mr. Muelhoefer joins the Company from Kinaxis (TSX:KXS), a leading SaaS-based supply chain management applications provider focused on planning and e
SEATTLE and ARMONK, N.Y., Sept. 18, 2023 /PRNewswire/ -- Today, iFoodDS and IBM (NYSE:IBM) announced a tech-enabled traceability solution to help companies across the food supply chain address the FDA's Food Traceability Rule, FSMA 204(d). Building on decades of experience in food traceability software, the new solution, iFoodDS Trace Exchange™ (with IBM Food Trust™), will cater to enterprise scalability demands and address supplier needs. iFoodDS and IBM are now offering a robust FSMA 204 traceability and compliance management solution capable of supporting the needs of the i
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
Applications Software Technology's deep US and UK public sector skills support clients' Oracle Cloud Application transformations ARMONK, N.Y., Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE:IBM) today announced its intent to acquire Applications Software Technology LLC1, a global Oracle consultancy. Applications Software Technology brings deep expertise driving business transformations with Oracle Cloud Applications, including for clients in the public sector such as local government and K-12 education. Public sector cloud transformations frequently face issues that include difficult
PARIS and NEW YORK, Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE:IBM) and L'Oréal, the world's leading beauty company, announced a collaboration to leverage IBM's generative artificial intelligence (GenAI) technology and expertise to uncover new insights in cosmetic formulation data, facilitating L'Oréal's use of sustainable raw materials, for energy and material waste reductions. This unique effort will develop a custom AI foundation model engineered to significantly increase the ability of L'Oréal Research & Innovation teams to reach extra performance and consumer satisfaction in every cosmetic category and every region of the world. The formulation foundation model is believed to be a first-of
ARMONK, N.Y., Jan. 15, 2025 /PRNewswire/ -- IBM (NYSE:IBM) will hold its quarterly conference call to discuss its fourth-quarter 2024 financial results on Wednesday, January 29, 2025 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. Contact:Timothy [email protected] View original content to download multimedia:https://www.prnew
83% of IT decision-makers across Canada reported progress on their AI strategies in 2024 More than half of Canadian respondents (56%) plan to increase AI investment in 2025 Despite limited return on investment (ROI) so far, Canadian organizations are betting on AI in the long term, prioritizing innovation and productivity gains over traditional financial savingsMARKHAM, ON and TORONTO, Jan. 15, 2025 /CNW/ -- New study, commissioned by IBM (NYSE:IBM) found that Canadian companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward.
One of the first deployments of NVIDIA GB200 NVL72 at supercomputing scaleSupercomputer will leverage IBM Storage Scale System to power AI research and developmentROSELAND, N.J. and YORKTOWN HEIGHTS, N.Y., Jan. 15, 2025 /PRNewswire/ -- CoreWeave, the AI Hyperscaler™, today announced its plans to deliver one of the first NVIDIA GB200 Grace Blackwell Superchip-enabled AI supercomputers to IBM (NYSE:IBM), equipped with NVIDIA GB200 NVL72 systems, interconnected with NVIDIA Quantum-2 InfiniBand networking. IBM will use CoreWeave's highly performant, reliable, and resilient cloud platform to train the next generations of its Granite models, IBM's open source, enterprise-ready series of AI models
CEO David Heinzmann to retire after a distinguished 40-year career Industry veteran and board director Dr. Greg Henderson appointed CEO Littelfuse, Inc. (NASDAQ:LFUS), a diversified industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced that David ("Dave") Heinzmann, President and Chief Executive Officer, has informed the Board of Directors of his intention to retire as President and CEO. The Board has appointed Dr. Greg Henderson, a member of the Littelfuse Board of Directors, as President and Chief Executive Officer effective February 10, 2025. Mr. Heinzmann will remain on the Littelfuse Board through April 2025 and, to sup
New offering designed to move SAP S/4HANA workloads from IBM Power Systems on-premises to cloud within 90 days IBM realized 30% reduction in infrastructure costs and related operations over 18 months in RISE with SAP modernization project supporting 150,000 ERP users ARMONK, N.Y. and WALLDORF, Germany, Jan. 7, 2025 /PRNewswire/ -- Today, IBM (NYSE:IBM) and SAP SE (NYSE:SAP) announced the upcoming release of RISE with SAP on IBM Power Virtual Server, designed to make it the fastest and easiest path for IBM Power customers to accelerate their ERP transformation. Together, IBM and SAP aim to help organizations more seamlessly transition and modernize their on-premises ERP environments to the
The report found that 81% of surveyed executives and 96% of their teams are already using AI to a moderate or significant extent Executives indicate they want to expand into more sophisticated AI use cases, such as integrated business planning where they plan to increase usage by 82% in 2025NEW YORK, Jan. 7, 2025 /PRNewswire/ -- A new global study from the IBM (NYSE:IBM) Institute for Business Value found that surveyed retail and consumer product executives are dramatically shifting their focus toward artificial intelligence (AI), with responses indicating that participants project spending outside of traditional IT operations could surge by 52% in the next year. The report, titled "Embeddin
MALTA, N.Y. and ARMONK, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) and IBM (NYSE:IBM) today announced that the two companies have reached a settlement in their ongoing lawsuits, resolving all litigation matters, inclusive of breach of contract, trade secrets and intellectual property claims between the two companies. This settlement marks the end of an ongoing legal dispute and allows the companies to explore new opportunities for collaboration in areas of mutual interest. The details of the settlement are confidential and both parties have expressed satisfaction with the outcome. "We are pleased to have reached a positive resolution with IBM, and we look f
85% of IT decision makers surveyed reported progress in their companies' 2024 AI strategy, with 47% saying they have already achieved positive ROINearly half of surveyed companies are looking to open-source AI to optimize their investments in 2025ARMONK, N.Y., Dec. 19, 2024 /PRNewswire/ -- New research commissioned by IBM (NYSE:IBM) found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward. The study of more than 2,400 IT decision makers (ITDMs), conducted by Morning Consult
ARMONK, N.Y., Jan. 15, 2025 /PRNewswire/ -- IBM (NYSE:IBM) will hold its quarterly conference call to discuss its fourth-quarter 2024 financial results on Wednesday, January 29, 2025 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. Contact:Timothy [email protected] View original content to download multimedia:https://www.prnew
ARMONK, N.Y., Oct. 30, 2024 /PRNewswire/ -- The IBM (NYSE:IBM) board of directors today declared a regular quarterly cash dividend of $1.67 per common share, December 10, 2024 to stockholders of record November 12, 2024. With the payment of the December 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916. Media 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-302291571.html SOURCE IBM
Accelerated Software revenue growth, expanded gross profit margin, and strong free cash flow ARMONK, N.Y., Oct. 23, 2024 /PRNewswire/ -- IBM (NYSE:IBM) today announced third-quarter 2024 earnings results. "Our third-quarter performance was led by double-digit growth in Software, including a re-acceleration in Red Hat. We continue to see great momentum in AI as our models are trusted, fit-for-purpose, and lower cost, with performance leadership. Our generative AI book of business now stands at more than $3 billion, up more than $1 billion quarter to quarter," said Arvind Krish
ARMONK, N.Y., Oct. 9, 2024 /PRNewswire/ -- IBM (NYSE:IBM) will hold its quarterly conference call to discuss its third-quarter 2024 financial results on Wednesday, October 23, 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:h
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
ARMONK, N.Y., April 30, 2024 /PRNewswire/ -- The IBM (NYSE:IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.67 per common share, payable June 10, 2024 to stockholders of record as of May 10, 2024. This is the 29th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916. Arvind Krishna, IBM chairman and chief executive officer, said: "IBM remains focused on two of the most transformational technologies of our time - hybrid cloud and AI – both of which continue to dr
Accelerated Software revenue growth; Strong gross margin expansion and cash generationAnnounces strategic acquisition of HashiCorp, Inc. ARMONK, N.Y., April 24, 2024 /PRNewswire/ -- IBM (NYSE:IBM) today announced first-quarter 2024 earnings results. "We began the year with solid revenue and free cash flow growth, reflecting the strength of our hybrid cloud and AI strategy. We continue to capitalize on the excitement and demand for enterprise AI from our clients. Our book of business for watsonx and generative AI again showed strong momentum, growing quarter over quarter, and h
$6.4 billion acquisition adds suite of leading hybrid and multi-cloud lifecycle management products to help clients grappling with today's AI-driven application growth and complexity HashiCorp's capabilities to drive significant synergies across multiple strategic growth areas for IBM, including Red Hat, watsonx, data security, IT automation and Consulting As a part of IBM, HashiCorp is expected to accelerate innovation and enhance its go-to-market, growth and monetization initiatives Transaction expected to be accretive to Adjusted EBITDA within the first full year, post close, and free cash flow in year two ARMONK, N.Y. and SAN FRANCISCO, April 24, 2024 /PRNewswire/ -- IBM (NYSE:IBM) and
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
Evercore ISI upgraded IBM from In-line to Outperform and set a new price target of $200.00 from $165.00 previously
Jefferies initiated coverage of IBM with a rating of Hold and set a new price target of $180.00
Societe Generale downgraded IBM from Hold to Sell and set a new price target of $143.00
BofA Securities reiterated coverage of IBM with a rating of Buy and set a new price target of $170.00 from $155.00 previously
RBC Capital Mkts initiated coverage of IBM with a rating of Outperform and set a new price target of $188.00
BMO Capital Markets reiterated coverage of IBM with a rating of Market Perform and set a new price target of $150.00 from $145.00 previously
JP Morgan initiated coverage of IBM with a rating of Neutral 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)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
4 - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Issuer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
10-Q - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
10-Q - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
8-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)
11-K - INTERNATIONAL BUSINESS MACHINES CORP (0000051143) (Filer)