IBM marks strong start to new chapter as cloud revenue booms

Go back to IBM marks strong start to new chapter as cloud revenue booms

IBM (IBM) PT Raised to $155 at BMO Capital

January 25, 2022 6:57 AM EST

BMO Capital analyst Keith Bachman raised the price target on IBM (NYSE: IBM) to $155.00 (from $153.00) while maintaining a Market Perform rating following earnings.

The analyst commented, "Given the disposition and all the moving parts, we find it challenging to come to a... More

IBM (IBM) Shares Up 6% Following Strong Q4 Results

January 24, 2022 4:39 PM EST

IBM (NYSE: IBM) shares were trading more than 6% higher after-hours following the companys reported Q4 results, with EPS coming in at $3.35, beating the consensus estimate of $3.14.

Quarterly revenue grew 6.5% (or 8.6% at constant currency) to $16.7 billion, compared to the consensus estimate of $15.98 billion,... More