IBM (IBM) Shares Up 6% Following Strong Q4 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/14/2026
Go back to IBM (IBM) Shares Up 6% Following Strong Q4 Results
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
January 24, 2022 4:14 PM EST
By Chavi Mehta
(Reuters) -IBM on Monday beat Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue's first earnings after exiting the slow-growing managed infrastructure business.
Shares of the IT giant jumped as much as 7% aftermarket before easing to trade flat, with the company reiterating its forecast for mid-single-digit revenue growth in 2022, compared with 3.9% last year.
"This will be... More
January 24, 2022 4:09 PM EST
IBM (NYSE: IBM) reported Q4 EPS of $3.35, $0.21 better than the analyst estimate of $3.14. Revenue for the quarter came in at $16.7 billion versus the consensus estimate of $15.98 billion.
For earnings history and earnings-related data on IBM (IBM) click here.
...
More
