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IBM (IBM) PT Lowered to $230 at Bernstein SocGen Group

Fri, 24 Jul 2026 08:36:37 -0400

(Updated - July 24, 2026 8:36 AM EDT)

Bernstein SocGen Group analyst Mark C. Newman lowered the price target on IBM (NYSE: IBM) to $230.00 (from $280.00) while maintaining a Market Perform rating.

The analyst commented: "IBM reported Q2 results that fell short of prior expectations following a rare preannouncement, with total revenue of $17.2B growing just 1% yoy (vs. cons at $17.5bn) and EPS of $2.93, up 5% yoy. In line with the company’s pre-announcement the weakness was related to slippage of some deals (mainly in mainframes and transaction processing) due to capex budget constraints in the current rising price environment

IBM (IBM) PT Lowered to $230 at Bernstein SocGen Group

Fri, 24 Jul 2026 08:36:37 -0400

(Updated - July 24, 2026 8:36 AM EDT)

Bernstein SocGen Group analyst Mark C. Newman lowered the price target on IBM (NYSE: IBM) to $230.00 (from $280.00) while maintaining a Market Perform rating.

IBM (IBM) PT Lowered to $225 at Susquehanna

Fri, 24 Jul 2026 07:51:00 -0400

Susquehanna analyst James Friedman lowered the price target on IBM (NYSE: IBM) to $225.00 (from $303.00) while maintaining a Neutral rating.

IBM (IBM) PT Lowered to $190 at Morgan Stanley

Thu, 23 Jul 2026 08:43:26 -0400

Morgan Stanley analyst Erik Woodring lowered the price target on IBM (NYSE: IBM) to $190.00 (from $293.00) while maintaining a Equalweight rating.

IBM to acquire HRL Laboratories in quantum computing push

Thu, 23 Jul 2026 07:01:08 -0400

IBM (NYSE: IBM) has signed a definitive agreement to acquire HRL Laboratories, LLC, a privately held research and development company jointly owned by Boeing and General Motors, the company announced July 23, 2026.

Financial terms of the transaction were not disclosed. The deal is subject to customary closing conditions and regulatory approvals and is expected to close by the end of the third quarter of 2026. Both Boeing and GM are expected to continue partnering with IBM on quantum applications and advanced technology development following the close.

HRL specializes in silicon-spin qubit engineering, quantum sensing, advanced materials, high-speed communications, and electronics, developed

IBM to acquire HRL Laboratories in quantum computing push

Thu, 23 Jul 2026 07:01:08 -0400

HRL specializes in silicon-spin qubit engineering, quantum sensing, advanced materials, high-speed communications, and electronics, developed

IBM to acquire HRL Laboratories in quantum computing push

Thu, 23 Jul 2026 07:01:08 -0400

HRL specializes in silicon-spin qubit engineering, quantum sensing, advanced materials, high-speed communications, and electronics, developed

IBM to acquire HRL Laboratories in quantum computing push

Thu, 23 Jul 2026 07:01:08 -0400

HRL specializes in silicon-spin qubit engineering, quantum sensing, advanced materials, high-speed communications, and electronics, developed

IBM to acquire HRL Laboratories in quantum computing push

Thu, 23 Jul 2026 07:01:08 -0400

HRL specializes in silicon-spin qubit engineering, quantum sensing, advanced materials, high-speed communications, and electronics, developed

IBM to acquire HRL Laboratories in quantum computing push

Thu, 23 Jul 2026 07:01:08 -0400

HRL specializes in silicon-spin qubit engineering, quantum sensing, advanced materials, high-speed communications, and electronics, developed

IBM to Acquire HRL Laboratories to Power the Future of Quantum

Thu, 23 Jul 2026 07:00:00 -0400