International Business Machines Corporation (IBM)
| Market Cap | 155.15B |
| Revenue (ttm) | 62.07B |
| Net Income (ttm) | 8.18B |
| Shares Out | 918.60M |
| EPS (ttm) | 8.84 |
| PE Ratio | 19.12 |
| Forward PE | 16.84 |
| Dividend | $6.68 (3.95%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 1,511,283 |
| Open | 168.97 |
| Previous Close | 168.97 |
| Day's Range | 167.33 - 169.11 |
| 52-Week Range | 125.01 - 199.18 |
| Beta | 0.75 |
| Analysts | Hold |
| Price Target | 177.14 (+4.8%) |
| Earnings Date | Apr 24, 2024 |
About IBM
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry.... [Read more]
Financial Performance
In 2023, IBM's revenue was $61.86 billion, an increase of 2.20% compared to the previous year's $60.53 billion. Earnings were $7.50 billion, an increase of 357.72%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for IBM stock is "Hold." The 12-month stock price forecast is $177.14, which is an increase of 4.80% from the latest price.
News
GOOGL, AMZN, IBM: Important Recent A.I. Developments
What does the ChatGPT update mean for A.I. development?
Committee Stocks on the Move: Cisco, Deere, Target, Palo Alto and IBM
The Investment Committee discusses some of their stocks that are on the move.
IBM Study: As CEOs Race Towards Gen AI Adoption, Questions Around Workforce and Culture Persist
More than half of CEO respondents say they are pushing their organization to adopt gen AI more quickly than some employees are comfortable with Half of CEOs surveyed say they are hiring for gen AI-rel...
IBM to add 800 AI-related jobs in Ireland
IBM plans to hire up to 800 more people in Ireland to help build advanced software underpinned by AI technology, the biggest job announcement in the country's multinational sector this year, state inv...
Palo Alto Networks' CEO Nikesh Arora: Agreement with IBM 'far-reaching'
IBM CEO Arvind Krishna and Palo Alto Networks' CEO Nikesh Arora join 'Closing Bell Overtime' to discuss their recently announced partnership, how the two will collaborate on cybersecurity, how the par...
IBM and Palo Alto Networks are joining forces on AI, as cybersecurity threats get tougher
International Business Machines Corp. and cybersecurity firm Palo Alto Networks on Wednesday announced an expansive partnership under which both companies will work together to offer security services...
Palo Alto Networks and IBM partnering to monitor and manage cybersecurity threats
'Closing Bell Overtime' brings you breaking news on a partnership in the cybersecurity world.
Palo Alto Networks is buying security assets from IBM to expand customer base
Palo Alto Networks is buying IBM's QRadar as part of a bigger partnership between the two companies.
Palo Alto Networks and IBM to Jointly Provide AI-powered Security Offerings; IBM to Deliver Security Consulting Services Across Palo Alto Networks Security Platforms
News Summary: IBM to platformize internal security solutions with Palo Alto Networks; Palo Alto Networks will be its preferred cybersecurity partner across network, cloud and SOC Palo Alto Networks ...
IBM Expands Qiskit, World's Most Performant Quantum Software
Qiskit now refined as a comprehensive quantum software stack, focused on performance and stability to fully harness the power of utility-scale quantum hardware, and enable users to run increasingly mo...
HASHICORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HashiCorp Inc. - HCP
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HashiCorp Inc. (...
IBM, PLTR: Is Quantum Computing the Next Big Thing?
We're quietly going into the summer doldrums of trading, notes Steven E. Orr. He discusses trends to watch as summer trading approaches.
IBM Introduces New Microsoft Copilot Capabilities to Fuel AI-Powered Business Transformation
ARMONK, N.Y. , May 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced the availability of IBM Copilot Runway, a new offering from IBM Consulting designed to help enterprises create, customize, de...
ServiceNow and IBM Collaborate to Accelerate the Impact of Generative AI Across the Enterprise
LAS VEGAS--(BUSINESS WIRE)--Knowledge 2024 – Today, at ServiceNow's annual customer and partner event, Knowledge 2024, ServiceNow (NYSE: NOW), the AI platform for business transformation, announced a ...
IBM and SAP Plan to Expand Collaboration to Help Clients Become Next-Generation Enterprises with Generative AI
New Value Generation partnership initiative focused on delivering greater client productivity and innovation with new generative AI capabilities and industry-specific cloud solutions ARMONK, N.Y. and ...
IBM A Top Socially Responsible Dividend Stock With 4.0% Yield
International Business Machines has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.0% ...
Cyemptive Technologies Names Former IBM and Hitachi Partner Executive and European Entrepreneurial Leader Wessel Graatsma as Vice President Cybersecurity Solutions Europe
SEATTLE--(BUSINESS WIRE)-- #antimalware--Cyemptive Names Former IBM/Hitachi Partner Executive, European Entrepreneurial Leader Wessel Graatsma Vice President Cybersecurity Solutions Europe.
Is Apple at Risk of Becoming the Next IBM?
Sixty-three years ago this month, the world's first supercomputer was born. In May of 1961, IBM introduced its Model 7030, also known as “Stretch.
IBM CEO talks AI and reinventing the company
IBM (IBM) like many other tech giants, have put considerable investments into AI. IBM Chairman and CEO Arvind Krishna spoke with Yahoo Finance's Brian Sozzi and Akiko Fujita at the Milken Global Insti...
ITW, XOM, IBM: Technical Trends & What to Watch
Industrials will perform well this year, notes Kenny Polcari. He and Rick Ducat discuss Illinois Tool Works (ITW), Exxon Mobil (XOM), and IBM (IBM) as today's big three stocks.
IBM CEO Arvind Krishna on revenue miss, consulting business and HashiCorp acquisition
IBM CEO Arvind Krishna joins 'Money Movers' to discuss the company's revenue miss, company outlook, and consulting business.
IBM CEO on Future of AI, Regulation
IBM Chairman and CEO Arvind Krishna says its artificial intelligence business is growing quickly. He says the book of business is already over $1 billion.
Exclusive: IBM brings its AI, data and automation software to AWS Marketplace in 92 countries
IBM expands software offerings on AWS Marketplace to 92 countries, joining forces with AWS to accelerate hybrid cloud and AI adoption among enterprises worldwide.
IBM wins reversal of $1.6 billion judgment to BMC over software contract
A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own...
IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 29th CONSECUTIVE YEAR
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 ...