Stock FAQs

what happened to ibm stock today

by Dr. Ibrahim Shields Published 3 years ago Updated 2 years ago
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Should you buy IBM stock?

May 06, 2022 · IBM | Complete International Business Machines Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Should I sell IBM stock?

Get the latest IBM Common Stock (IBM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

What did IBM stock close at Yesterday?

Oct 21, 2021 · What happened Shares of IBM (NYSE: IBM) fell 9.5% on Thursday after the global technology company's third-quarter results came up short of investors' expectations. Why IBM Stock Plunged Today | Nasdaq

Why is IBM stock dropping?

IBM: Get the latest IBM stock price and detailed information including IBM news, historical charts and realtime prices.

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Why did IBM share price drop today?

International Business Machines Corp (NYSE: IBM) is trading lower Thursday after the company announced worse-than-expected third-quarter revenue results. IBM reported quarterly earnings of $2.52 per share, which beat the estimate of $2.50 per share.Oct 21, 2021

Is it good to invest in IBM stocks?

IBM could perform better than other hardware companies in the market now that over half of its revenue is recurring, one analyst said. Analysts expect IBM's revenue growth to accelerate in 2022.Apr 20, 2022

Is IBM a buy?

IMB stock is a buy according to Morgan Stanley.

On Thursday, he boosted the firm's rating on IBM (ticker: IBM) shares to Overweight from Equal Weight, with a new price target of $150, up from $147. IBM shares on Thursday were recently up 1% to $127.43.
Apr 14, 2022

What is IBM stock future?

Stock Price Forecast

The 17 analysts offering 12-month price forecasts for International Business Machines Corp have a median target of 145.00, with a high estimate of 185.00 and a low estimate of 115.00. The median estimate represents a +8.54% increase from the last price of 133.59.

Is IBM a good stock to buy 2021?

2021 showed a rebound with an approximately 4% revenue growth. IBM has acquired 15 companies in 2021 to improve its hybrid cloud and AI capabilities. It is not a perfect stock as its debt-to-equity (D/E) ratio of 2.92 is high. Altogether, IBM is a blue-chip stock that could give a strong financial performance in 2022.Mar 29, 2022

Is now a good time to buy IBM?

IBM recently reported better than expected results. With a supportive macroeconomic environment and company-specific initiatives, IBM can post mid-single-digit revenue growth and high single-digit FCF growth in the medium term. The stock looks attractive trading at ~13x P/E and with ~5% dividend yield.Feb 18, 2022

Is IBM stock overvalued?

IBM's valuation metrics are weak at its current price due to a overvalued PEG ratio despite strong growth.Oct 22, 2021

Who owns IBM today?

IBM primarily generates revenue today through its five segments: Cloud & Cognitive Software; Global Business Services; Global Technology Services; Systems; and Global Financing. The top shareholders of IBM are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.

What is the highest IBM stock has ever been?

IBM - 60 Year Stock Price History | IBM

The latest closing stock price for IBM as of May 13, 2022 is 133.60. The all-time high IBM stock closing price was 215.80 on March 14, 2013. The IBM 52-week high stock price is 152.84, which is 14.4% above the current share price.

Does IBM still exist?

IBM generated annual net income of $5.6 billion on revenue of $73.6 billion in 2020. 4 It has a market capitalization of $125.3 billion as of July 13, 2021.

What is the 52 week high stock price for IBM?

Performance Outlook
Previous Close132.90
Bid133.12 x 1100
Ask133.59 x 1000
Day's Range131.05 - 133.80
52 Week Range114.56 - 146.12
3 more rows
2 days ago

How many times has IBM stock split?

A stock dividend is a dividend payment made to stockholders that is made in stock rather than cash. The last IBM stock split occurred in 1999 and the last stock dividend distribution occurred in 1967. View information on our 15 stock splits and 26 stock dividends.

What happened

So what

Shares of IBM (NYSE: IBM) fell 9.5% on Thursday after the global technology company's third-quarter results came up short of investors' expectations.

Now what

IBM's revenue inched up 0.3% year over year to $17.6 billion. Wall Street had been anticipating sales of nearly $17.8 billion.

The Motley Fool

Still, IBM continues to produce bountiful cash flow. It generated operating and adjusted free cash flow of $16.1 billion and $11.1 billion, respectively, which were both up slightly from the prior-year quarter. The tech giant is prudently using some of that cash to pay down debt and return cash to shareowners.

What is IBM Watson Health 2022?

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.

When will XRX be added to Zacks?

IBM (NYSE: IBM) Watson Health today announced its 2022 Fortune/IBM Watson Health 50 Top Cardiovascular Hospitals list, naming the top-performing U.S. hospitals for inpatient cardiovascular services. This year's study included 951 U.S. hospitals with cardiovascular service lines. Based on comparisons between the study winners and a peer group of similar hospitals in the study, the winners delivered better outcomes while operating more efficiently and at a lower cost. The list of the top cardiovas

Can airlines use IBM blockchain?

XRX, SHOP, IBM, BLMN, and NUS have been added to the Zacks Rank #5 (Strong Sell) List on November 18, 2021.

Is IBM a high growth company?

More than 450 airlines can now use IBM’s blockchain-based vaccine passport. Airline passengers can show a QR code for proof of their Covid-19 status. The technology may one day replace passports. Reuters • 5 days ago.

What happened

International Business Machines Corporation (NYSE:IBM) has been on a long, slow and painful decline over the last few years. It is no longer a high-growth company , and the market has stopped seeing the possibilities and started focusing on the profit.

So what

Shares of IBM (NYSE: IBM) fell 9.5% on Thursday after the global technology company's third-quarter results came up short of investors' expectations.

Now what

IBM's revenue inched up 0.3% year over year to $17.6 billion. Wall Street had been anticipating sales of nearly $17.8 billion.

What happened

Still, IBM continues to produce bountiful cash flow. It generated operating and adjusted free cash flow of $16.1 billion and $11.1 billion, respectively, which were both up slightly from the prior-year quarter. The tech giant is prudently using some of that cash to pay down debt and return cash to shareowners.

So what

Investors in International Business Machines (NYSE: IBM) are feeling "big blue" today -- and not in a good way. As of 10:10 a.m. ET, shares of the computing giant are down 4.1%.

Now what

Swiss megabank UBS downgraded IBM stock to a sell rating this morning, you see, and cut its price target on the tech giant to $124 per share -- $5 below where it trades even after this morning's sell-off, which implies there may be even more pain to come.

The Motley Fool

UBS estimates that IBM will earn only about $9.47, pro forma, per share this year, well below the stock's $10.30 consensus earnings target on Wall Street.

Who is the CEO of IBM?

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.

How much did IBM lose in 2020?

IBM CEO Arvind Krishna is asking investors to remain patient as IBM executes its turnaround strategy, but the company's lackluster cloud growth is making it more difficult for shareholders to remain optimistic. Many decided to sell their shares on Friday rather than continue to wait for IBM's growth to rebound.

What is the Motley Fool's recommendation for Amazon?

The company did, however, continue to crank out cash. IBM's 2020 full-year free cash flow checked in at $10.8 billion.

Is IBM streamlining its business?

The Motley Fool owns shares of and recommends Amazon and Microsoft and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. The Motley Fool has a disclosure policy.

What happened

That was slightly below the nearly $20.7 billion Wall Street had expected. IBM is streamlining its business to focus more on its cloud operations. However, the shift isn't progressing as well as many analysts anticipated.

So what

Investors in International Business Machines (NYSE: IBM) are feeling "big blue" today -- and not in a good way. As of 10:10 a.m. ET, shares of the computing giant are down 4.1%.

Now what

Swiss megabank UBS downgraded IBM stock to a sell rating this morning, you see, and cut its price target on the tech giant to $124 per share -- $5 below where it trades even after this morning's sell-off, which implies there may be even more pain to come.

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