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Price Momentum
IBM is trading near the top of its 52-week range and above its 200-day simple moving average.
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Price change
The price of IBM shares has decreased $3.88 since the market last closed. This is a 1.27% drop.
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Closed at $300.85.
The stock has since dropped $0.60 in after-hours trading.
Key terms
About IBM
International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.
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Market cap: $284.84B
A market capitalization above $200 billion places IBM in the mega-capitalization category.
Key terms
Smart score
Latest IBM news
IBM Financials
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Total revenue: $62.75B (1Y), $16.33B (Q3)
Total Revenue held flat since last year and decreased 3.81% since last quarter.
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Net income: $6.02B (1Y), $1.74B (Q3)
Net Income decreased 19.71% since last year and decreased 20.47% since last quarter.
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Earnings per share: $6.43 (1Y), $1.84 (Q3)
EPS decreased 21.01% since last year and decreased 20.59% since last quarter.
Key terms
IBM Forecasts
analyst rating
- buy
- hold
- sell
1-year stock price forecast
IBM Competitors
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How competitors are chosen
IBM's competitors are included in the Technology Services sector and Information Technology Services group
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Market cap: $284.84B
A market capitalization above $200 billion places IBM in the mega-capitalization category.
