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International Business Machines Corporation (IBM)

NYSE - Nasdaq Real-time price. Currency in USD
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148.42+3.20 (+2.20%)
At close: 4:00PM EDT

148.55 +0.13 (0.09%)
After hours: 7:09PM EDT

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  • s
    subkot
    BIG BLUE is back. 2 nm is the game changer. 20 years of nothing burger is over.
    i just sold 75% holding in msft and put it into ibm on this news. i just wonder
    intc adapting 2nm for the plants they are building in u.s.
    ibm going over $200 in next 12months. buy on the dip
  • S
    Steve G
    "IBM unveils 2-nanometer chip technology for faster computing"

    I guess IBM's great number of patents means something after all...
  • B
    Brent
    King blue now in the lead with 2 nm? You bet! Buy the lights out below $150.
  • H
    Hellrai$er
    IBM (NYSE:IBM) rose 1.8% after getting a Street-high price target on expected growth ahead.

    BofA Securities set the price target for IBM at $175 from $153, forecasting sustaining growth after it spins off its infrastructure services business later this year, StreetInsider reported.

    Analyst Wamsi Mohan reiterated a buy rating on the company after hosting an investor call with Chief Executive Officer Arvind Krishna.

    "IBM is seeing the majority of clients adopting a hybrid cloud approach given regulations, latency concerns and data sovereignty," Mohan said. "Red Hat enables customers to deploy workloads seamlessly between private/public clouds and on-prem. Since acquiring Red Hat in 2019, IBM has improved growth rates into the high teens sustainably."

    The IT services business spinoff will help simplify the company's structure, Mohan said.

    IBM's had a bumpy 12 months but shares have risen more than 20% in the past two months, in part thanks to earnings for the quarter ended in March that trounced estimates.

    Investing: IBM Rises on Street-High Price Target
  • i
    ibm
    Interesting, that which is happening to tech stocks. Yes, they are up, but all companies use tech: Computer aided design, some robotic manufacturing, chips in cars TV's smart phones,..... checkouts and tracking inventory +++ at stores,..... This isn't history in reverse (reversing Industrial Revolution). Software for nearly everything. 5G, AI, Data Centers..... The vaccines for Covid came from computer researching and testing by humans......
  • S
    S
    great volume for this time of day. Might get a new 52 week high today 🤞
  • h
    heath
    What’s the chances that several of IBM’s R&D and offerings have been hard to monetize until recently?
    When you look at AI, block chain, automation and the addition, although a little late to the party, cloud and hybrid cloud, it seems IBM is poised to capitalize heavily for the next 5-10 years.
    The growth in fintech, crypto, e-commerce and the push to automate assembly lines with smart AI, and big data analysis needs, leads me to believe that the next 10 years could be IBM’s return to a leader in technology
  • t
    troxtell
    If you’re looking for a short and sweet guide to the day’s biggest news, I recommend (http://Pick-stocks.com). They breakdown the most important pre-market news and it only takes a few minutes to read.
  • B
    Brent
    Bonafide clamor for IBM shares continuing. Buy.
  • M
    Mark
    Big blue is awake. See you at 175
  • S
    S
    "Last week, the market panicked over proposed increases to the capital gains tax rate. But that only made dividend stocks that much more valuable, Jim Cramer told his Mad Money viewers Tuesday night.
    Cramer reviewed his top 10 high-yielding dividend stocks which included IBM (IBM) , which is breaking itself up to spur growth. Let's pay a visit to the charts of Big Blue.

    We looked at IBM on April 20 and wrote that "Aggressive traders could go long IBM at current levels risking to $131. The $156-$161 area is our price target for now."
  • R
    Rick
    got a upgrade to 175!
  • p
    patrick
    not many value stocks left in the market, but the pull back in tech has opened up plenty of opportunities to invest. IBM stands out as a growth and value stock and therefore, positioned for better days
  • M
    Market Searcher
    Ex div on Friday.
  • m
    mp
    Definitely different this time around
  • j
    john
    BOA today raises target from $153 to $175
  • S
    S
    This is great news! We could see $150 this week and have a new 52 week high!
  • N
    Normand
    From IBM site or third party sites:

    IBM unveils World’s First Integrated Quantum Computing System for Commercial Use. (2019.01.08)

    IBM Internet of Things reference architecture. (IBM site)

    Free of heavy metals, new battery design could alleviate environmental concerns (IBM Research Blog, 2019.12.18)

    How is IBM using Blocchain Technology (Prableen Bajpai, Nasdaq Inc. 2020.10.21)

    IBM is into just about anything trendy nowadays, and seriously involved. Those investments are about to pay, IMHO.

    Live long and prosper!
  • R
    Ronald
    Say what you want about IBM but showing some strength here
  • c
    chris
    I'm a long time IBM stockholder. I've been left at the altar way too many times. Nevertheless, I live in HOPE.
    I HOPE that the FCF is enough to justify restarting stock buy back plan as well as continuation of chipping away at debt.

    THAT would kick big blue back into the green.

    Also, they have a super deep bench of patents, smart people and a new CEO. Remember how Microsoft floundered forever under Ballmer. Well, I HOPE that was same situation under Ginny and with CEO onward and upward. She is gone and I HOPE this is beginning of new and upward chapter$