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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. SPCX
2. ABBV
3. MU
4. SPY
5. ACN
6. IBM
7. META
8. PFE
9. TSLA
10. DPZ

Go back to IBM (IBM) Shares Up 6% Following Strong Q4 Results

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 marks strong start to new chapter as cloud revenue booms

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

IBM (IBM) Tops Q4 EPS by 21c

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