Adjusted per-share earnings came ahead of Wall Street estimates.
IBM reported better-than-expected fourth-quarter earnings and revenue, surpassing Wall Street’s earnings per share estimate. IBM's software segment grew 10% due to strong demand for AI technology and its Red Hat Linux operating system.
IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 free cash flow guidance came in above expectations.
IBM stock has risen by 22 percent over the past year, with shares rising by nine percent on the morning following the earnings announcement.
IBM added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business coming from Software, and the remaining from Consulting.
The shares rose 10% in extended trading. It's the largest rise in IBM's stock price since March 2020. Here's how the company did versus LSEG consensus expectations:
International Business Machines (IBM – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst
Microsoft shares slumped on Thursday after the company's earnings left investors disappointed overnight. Meanwhile, Meta and Tesla traded higher, having shaken off the initial weakness that greeted their latest results.
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Oracle (ORCL – Research Report), Nvidia (NVDA –
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country's most influential companies
The Dow Jones and S&P 500 pulled ahead on the stock market today. Tesla climbed while Microsoft sold off following earnings reports.