International Business Machines Corporation ($IBM) Stock Forecast: Up 13.3% Today

What is International Business Machines Corporation?

IBM (International Business Machines Corporation) is a multinational technology company known for its hardware, software, and cloud computing services. The stock had a strong bullish movement today.

Why is International Business Machines Corporation going up?

IBM stock is up 13.3% on Jan 30, 2025 17:45

• IBM's stock surged by 12.8% to $174.33 after the company released its fourth-quarter earnings, which exceeded analysts' expectations.
• The upbeat earnings were driven by strong performance in cloud and AI sectors, showcasing the company's strategic focus on these growth areas.
• IBM's partnership with Telefónica Tech to develop quantum-safe encryption also contributed to investor optimism, highlighting the company's commitment to cybersecurity innovation.
• The unveiling of a $2 billion AI order pipeline further fueled investor confidence in IBM's future growth prospects, leading to the significant bullish movement in the stock.

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IBM Posts Upbeat Earnings, Joins Oshkosh, Las Vegas Sands, Nokia, Quest Diagnostics And Other Big Stocks Moving Higher On Thursday - ACM Research ( NASDAQ:ACMR ) , Butterfly Network ( NYSE:BFLY )

U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Thursday. Shares of International Business Machines Corporation IBM gained 12.8% to $174.33 following the release of its fourth-quarter earnings, which surpassed analysts' expectations.

https://www.benzinga.com/news/25/01/43341518/ibm-posts-upbeat-earnings-joins-oshkosh-las-vegas-sands-nokia-quest-diagnostics-and-other-big-stocks

IBM Beats Q4 Earnings Estimates on Solid Cloud & AI Traction

Strong portfolio mix, operating leverage and yield from productivity initiatives helped IBM beat fourth-quarter 2024 earnings estimates.

https://www.zacks.com/stock/news/2406553/ibm-beats-q4-earnings-estimates-on-solid-cloud-ai-traction

IBM & Telefónica Tech Team Up To Fight Quantum Cyber Threats: Details - IBM ( NYSE:IBM )

IBM and Telefónica Tech aim to develop quantum-safe encryption. The partnership focuses on securing data against future quantum threats. Get Wall Street's Hottest Chart Every Morning

https://www.benzinga.com/25/01/43336466/ibm-and-telefonica-tech-join-forces-to-secure-data-in-a-quantum-future

IBM Stock Soars 8% In Premarket After Beating Q4 Estimates, Unveiling AI Strategy - IBM ( NYSE:IBM ) , SPDR S&P 500 ( ARCA:SPY )

IBM shares were trading above 8% in premarket. Earnings exceeded expectations and company revealed an AI order pipeline of $2 billion. International Business Machines Corp. IBM saw its shares surge over 8% in premarket trading Thursday following the release of its fourth-quarter earnings, which ...

https://www.benzinga.com/25/01/43330515/ibm-stock-soars-8-in-premarket-after-beating-q4-beat-unveiling-ai-strategy

IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business - IBM ( NYSE:IBM ) , SPDR S&P 500 ( ARCA:SPY )

IBM reported earnings per share of $3.92, beating analyst estimates of $3.75 in Q4. Revenue reached $17.55 billion compared to the anticipated $17.54 billion. Get Wall Street's Hottest Chart Every Morning International Business Machines Corp.

https://www.benzinga.com/25/01/43327741/ibm-bets-big-on-ai-based-hybrid-cloud-sees-2-billion-in-generative-ai-deals-from-inception-to-date-in-q4

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International Business Machines Corporation Price History

30.00.2025 - IBM Stock was up 11.0%

• IBM's partnership to develop quantum-safe encryption likely boosted investor confidence in the company's cybersecurity capabilities.
• The stock surged over 8% in premarket trading after IBM beat Q4 earnings estimates and unveiled a $2 billion AI order pipeline, indicating strong financial performance and strategic investments in cutting-edge technologies.
• Analysts' positive outlook on IBM's Q4 earnings and bullish momentum in the stock price ahead of the earnings release further fueled investor optimism and contributed to the strong bullish movement.
• The expectation of higher revenues from IBM's Consulting segment, driven by innovative product launches and healthy demand trends, also added to the positive sentiment surrounding the stock.

30.00.2025 - IBM Stock was up 13.3%

• IBM's stock surged by 12.8% to $174.33 after the company released its fourth-quarter earnings, which exceeded analysts' expectations.
• The upbeat earnings were driven by strong performance in cloud and AI sectors, showcasing the company's strategic focus on these growth areas.
• IBM's partnership with Telefónica Tech to develop quantum-safe encryption also contributed to investor optimism, highlighting the company's commitment to cybersecurity innovation.
• The unveiling of a $2 billion AI order pipeline further fueled investor confidence in IBM's future growth prospects, leading to the significant bullish movement in the stock.

24.09.2024 - IBM Stock was down 6.6%

• IBM's stock faced a downward trend today due to a third-quarter revenue miss, despite surpassing earnings expectations, indicating a preference for revenue over earnings among investors.
• The stock movement of IBM may have been influenced by the general trend of tech stocks revealing their Q3 earnings, potentially leading to unmet high expectations.
• The overall negative market sentiment following declines in the Dow Jones Industrial Average and the S&P 500 from the previous day could have contributed to the bearish movement in IBM's stock.
• Concerns about IBM's capacity to benefit from the increasing demand for hybrid cloud and AI solutions may have impacted the stock's decline, despite positive demand trends.

24.09.2024 - IBM Stock was down 5.4%

• Following a third-quarter revenue miss, IBM experienced a strong bearish movement, resulting in a sharp decline in its stock price during the pre-market trading session.
• The weak sales performance of IBM in the third quarter is believed to have contributed to the bearish trend in the market, disappointing investors and triggering a sell-off of the stock.
• Despite expectations of higher software revenues boosting IBM's earnings in Q3, the actual revenue miss appears to have overshadowed any positive outlook, leading to a significant drop in the stock price.
• The overall negative sentiment in the market, with U.S. markets closing lower and other tech stocks like ARM Holdings also showing a downward trend, may have further worsened the bearish movement of IBM's stock.

25.03.2024 - IBM Stock was down 7.9%

• IBM stock saw a notable decline of over 9%.
• The market responded negatively to challenges faced by IBM's consulting business as enterprises scaled back due to economic uncertainty and high interest rates.
• The overall market sentiment was pessimistic, with the Dow falling by over 400 points due to inflation and growth concerns, impacting IBM's performance.
• Despite positive earnings and acquisition news from IBM, market pressures and spending limitations within enterprises overshadowed these developments, resulting in the stock's bearish movement.

25.03.2024 - IBM Stock was down 7.7%

• IBM stock fell sharply in today's pre-market trading after reporting weak revenue in the first quarter, contributing to the overall bearish sentiment in the market.
• The negative performance of tech stocks, including IBM, was influenced by disappointing earnings reports from companies like Meta Platforms, adding to the downward pressure on the Nasdaq Index.
• Despite IBM's Q1 earnings beating expectations, the miss in revenues despite solid demand for hybrid cloud and AI solutions likely disappointed investors, leading to the bearish movement in the stock.
• The broader market decline, triggered by Meta's significant drop in market cap and weak GDP data, also played a role in IBM's downward movement as investors reacted to the overall negative sentiment.

25.03.2024 - IBM Stock was down 8.6%

• Today, IBM saw a significant decrease in its stock price, dropping by over 9%. Here are some key factors that may have influenced this market movement:
• IBM's consulting business faced challenges as companies cut back on spending due to economic uncertainties and high interest rates, resulting in reduced demand for their services.
• The overall market sentiment was negative, driven by worries about inflation, slow growth, and disappointing earnings reports from various companies like Meta Platforms and Caterpillar, contributing to the downward trend.
• Investors likely had a strong reaction to IBM's earnings update, which may have fallen below expectations, intensifying the stock's decline.
• A combination of economic conditions, market sentiment, and IBM's performance probably played a role in the decrease in IBM's stock price today.

25.03.2024 - IBM Stock was down 8.0%

• IBM experienced a strong bearish movement today, falling sharply in pre-market trading after reporting mixed first-quarter financial results.
• The overall market sentiment was negative, with US stocks opening sharply lower due to concerns about inflation and low growth. Meta Platforms' disappointing revenue guidance and higher capex projections also contributed to the market downturn.
• IBM's acquisition of HashiCorp for $35 per share in cash might have impacted its stock performance, as investors assessed the implications of the deal on IBM's financials and growth prospects.
• The combination of IBM's weak revenue report, overall market pessimism, and specific industry challenges likely led to the significant bearish movement in IBM's stock price today.

25.03.2024 - IBM Stock was down 8.6%

• IBM's stock declined despite strong earnings, signaling that meeting expectations may not always be enough for investors.
• The market sentiment was pessimistic, with U.S. equities falling due to lower-than-expected economic growth in the first quarter and rising inflation.
• Factors such as disappointing earnings reaction and broader economic worries likely contributed to IBM's stock decline.
• Developments in the green economy and digital skills could benefit IBM in the long run, but short-term concerns dominated today's market activity.

25.06.2024 - IBM Stock was up 5.9%

• IBM's stock experienced a strong bullish movement following the release of its upbeat quarterly earnings report.
• The company reported earnings of $2.43 per share, surpassing analyst expectations, which contributed to the positive market sentiment.
• Analysts are optimistic about IBM's future performance, particularly highlighting the growth potential of its AI business segment.
• The overall positive market sentiment towards IBM was also supported by the broader bullish trend in U.S. stocks, with the Dow Jones index gaining more than 1% on the same day.

25.06.2024 - IBM Stock was up 5.3%

• Strong second-quarter earnings were reported by IBM, surpassing revenue projections and demonstrating an increased demand for AI.
• BMO raised IBM's share price target, reflecting optimism in the company's financial performance driven by positive margin and free cash flow expectations.
• The market sentiment towards AI-related stocks like IBM appears upbeat, as indicated by the rise in IBM shares, despite concerns about a potential AI bubble affecting other tech stocks.

25.06.2024 - IBM Stock was up 6.2%

• IBM's stock experienced a surge following the release of strong earnings for the second quarter, surpassing analyst expectations with earnings per share of $2.43.
• The company's robust performance was linked to its advancements in AI technologies, which are experiencing high demand and resulted in revenue exceeding forecasts.
• IBM's strategic focus on sought-after technologies like AI and software solutions appears to have yielded positive results, evident in investor confidence and the stock's ascent.
• The overall favorable market sentiment, with the Dow Jones index gaining over 1%, also played a role in IBM's bullish trajectory today.