International Business Machines Corporation ($IBM) Stock Forecast: Down 6.0% Today

What is International Business Machines Corporation?

IBM is a multinational technology company known for its hardware, software, and cloud computing services. The overall market has been volatile with concerns over federal contract cuts impacting IBM's stock price negatively.

Why is International Business Machines Corporation going down?

IBM stock is down 6.0% on Apr 24, 2025 19:41

• IBM reported strong Q1 earnings and revenues, beating estimates, driven by solid demand trends and a diverse portfolio. This positive news should have ideally boosted the stock price.
• However, concerns over federal contract cuts and a sharp fall in pre-market trading following the earnings report led to a bearish movement in IBM's stock.
• The company's play down of Trump tariff concerns and minimal impact forecasts did not seem to reassure investors, contributing to the negative market sentiment towards IBM.
• Despite the positive earnings, the overall market volatility and specific concerns related to federal contracts overshadowed the good performance, resulting in the bearish movement of IBM's stock.

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IBM Technical Analysis

IBM News

IBM Stock Slides Despite Q1 Earnings Beat: Time to Buy Its ETFs?

IBM reports robust first-quarter 2025 results and offers upbeat sales outlook for Q2. The stock falls on concerns over federal contract cuts.

https://www.zacks.com/stock/news/2455172/ibm-stock-slides-despite-q1-earnings-beat-time-to-buy-its-etfs

IBM Q1 Earnings & Revenues Beat Estimates on Solid Demand Trend

IBM reports solid first-quarter 2025 results, driven by healthy demand in the Software segment along with a client-focused, diverse portfolio.

https://www.zacks.com/stock/news/2454552/ibm-q1-earnings-revenues-beat-estimates-on-solid-demand-trend

IBM, Nokia, Alaska Air Group And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - Alaska Air Gr ( NYSE:ALK ) , Acacia Research ( NASDAQ:ACTG )

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Thursday. Shares of International Business Machines Corporation IBM fell sharply in today's pre-market trading after the company reported first-quarter financial results.

https://www.benzinga.com/25/04/44977048/ibm-nokia-alaska-air-group-and-other-big-stocks-moving-lower-in-thursdays-pre-market-session

IBM Plays Down Trump Tariff Concerns: DOGE Could Affect Consulting Business, But Its 'US Federal Business Is Less Than 5%,' Says CEO - Invesco QQQ Trust, Series 1 ( NASDAQ:QQQ ) , IBM ( NYSE:IBM )

International Business Machines Corporation IBM has forecasted a "minimal" tariff impact on its business while acknowledging not being "immune" to the Department of Government Efficiency-related initiatives during its first quarter earnings call.

https://www.benzinga.com/markets/equities/25/04/44972416/ibm-plays-down-trump-tariff-concerns-doge-could-affect-consulting-business-but-its-us-federal-bu

IBM, CMG, TXN, GOOGL, TSLA: 5 Trending Stocks Today - Alphabet ( NASDAQ:GOOG ) , Chipotle Mexican Grill ( NYSE:CMG )

On Wednesday, U.S. stocks surged with the Dow Jones jumping over 419 points to 39,606.57. The NASDAQ climbed 2.5% to 16,708.05, and the S&P 500 increased by 1.7% to 5,375.86. These are the top stocks that gained the attention of retail traders and investors throughout the day.

https://www.benzinga.com/25/04/44970184/tesla-ibm-chipotle-texas-instruments-alphabet-why-these-5-stocks-are-on-investors-radars-today

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International Business Machines Corporation Price History

30.00.2025 - IBM Stock was up 11.0%

• IBM's partnership to develop quantum-safe encryption likely boosted investor confidence in the company's cybersecurity capabilities.
• The stock surged over 8% in premarket trading after IBM beat Q4 earnings estimates and unveiled a $2 billion AI order pipeline, indicating strong financial performance and strategic investments in cutting-edge technologies.
• Analysts' positive outlook on IBM's Q4 earnings and bullish momentum in the stock price ahead of the earnings release further fueled investor optimism and contributed to the strong bullish movement.
• The expectation of higher revenues from IBM's Consulting segment, driven by innovative product launches and healthy demand trends, also added to the positive sentiment surrounding the stock.

30.00.2025 - IBM Stock was up 13.3%

• IBM's stock surged by 12.8% to $174.33 after the company released its fourth-quarter earnings, which exceeded analysts' expectations.
• The upbeat earnings were driven by strong performance in cloud and AI sectors, showcasing the company's strategic focus on these growth areas.
• IBM's partnership with Telefónica Tech to develop quantum-safe encryption also contributed to investor optimism, highlighting the company's commitment to cybersecurity innovation.
• The unveiling of a $2 billion AI order pipeline further fueled investor confidence in IBM's future growth prospects, leading to the significant bullish movement in the stock.

24.09.2024 - IBM Stock was down 6.6%

• IBM's stock faced a downward trend today due to a third-quarter revenue miss, despite surpassing earnings expectations, indicating a preference for revenue over earnings among investors.
• The stock movement of IBM may have been influenced by the general trend of tech stocks revealing their Q3 earnings, potentially leading to unmet high expectations.
• The overall negative market sentiment following declines in the Dow Jones Industrial Average and the S&P 500 from the previous day could have contributed to the bearish movement in IBM's stock.
• Concerns about IBM's capacity to benefit from the increasing demand for hybrid cloud and AI solutions may have impacted the stock's decline, despite positive demand trends.

24.03.2025 - IBM Stock was down 6.9%

• IBM reported strong Q1 earnings and revenues, beating estimates due to solid demand in the Software segment and a diverse client portfolio.
• Despite the positive financial results, IBM's stock fell sharply in today's pre-market trading, possibly due to broader market trends with U.S. stock futures lower and the Dow falling around 200 points.
• The company played down concerns about Trump tariffs impacting its business during the earnings call, but this may not have been enough to offset the negative market sentiment.
• Despite beating analyst expectations for earnings and revenue, IBM's shares slid today, showcasing how market reactions can sometimes diverge from fundamental performance metrics.

24.03.2025 - IBM Stock was down 6.0%

• IBM reported strong Q1 earnings and revenues, beating estimates, driven by solid demand trends and a diverse portfolio. This positive news should have ideally boosted the stock price.
• However, concerns over federal contract cuts and a sharp fall in pre-market trading following the earnings report led to a bearish movement in IBM's stock.
• The company's play down of Trump tariff concerns and minimal impact forecasts did not seem to reassure investors, contributing to the negative market sentiment towards IBM.
• Despite the positive earnings, the overall market volatility and specific concerns related to federal contracts overshadowed the good performance, resulting in the bearish movement of IBM's stock.

24.09.2024 - IBM Stock was down 5.4%

• Following a third-quarter revenue miss, IBM experienced a strong bearish movement, resulting in a sharp decline in its stock price during the pre-market trading session.
• The weak sales performance of IBM in the third quarter is believed to have contributed to the bearish trend in the market, disappointing investors and triggering a sell-off of the stock.
• Despite expectations of higher software revenues boosting IBM's earnings in Q3, the actual revenue miss appears to have overshadowed any positive outlook, leading to a significant drop in the stock price.
• The overall negative sentiment in the market, with U.S. markets closing lower and other tech stocks like ARM Holdings also showing a downward trend, may have further worsened the bearish movement of IBM's stock.

24.03.2025 - IBM Stock was down 8.4%

• Today, IBM experienced a strong bearish movement in the market, and here's a witty assessment of what might have caused this decline:
• IBM's stock fell sharply in today's pre-market trading after the company reported its first-quarter financial results, despite beating analyst expectations in both earnings per share and revenue.
• The company's CEO played down concerns about tariffs impacting IBM's business, but uncertainties surrounding government-related initiatives might have spooked investors.
• Despite positive news about IBM's AI business segments and new product offerings, the market sentiment towards the stock was bearish, possibly due to broader market conditions and profit-taking after recent gains.
• Overall, while IBM's fundamentals seem strong, external factors and profit booking could have contributed to the bearish movement in the stock today.

09.03.2025 - IBM Stock was down 5.2%

• The introduction of new AI features by IBM's Watsonx for the Master's Tournament in 2025 could have raised expectations among investors for increased revenue and market growth.
• The acquisition of Hakkoda to enhance AI consulting services might have signaled to investors a shift in focus towards services rather than core business operations, leading to uncertainty and selling pressure on the stock.
• The expansion of IBM's AI infrastructure in Canada could have been perceived as a costly investment by investors, impacting short-term profitability expectations and contributing to the bearish market movement.
• Overall, the market's reaction to these announcements suggests that investors may be concerned about IBM's strategic direction and the potential impact on its financial performance in the near term.

07.02.2025 - IBM Stock was up 5.2%

• The positive sentiment surrounding IBM's advancements in quantum computing likely contributed to the stock's bullish movement.
• Rigetti Computing Inc.'s goal to achieve 100 qubits through its chiplet strategy by 2025 has generated excitement within the quantum computing sector, which has in turn benefited IBM as a major player in the industry.
• The competitive dynamics within the quantum computing field are underscored by Rigetti's efforts to compete with established industry leaders like IBM and Google. This development has the potential to enhance investor confidence in IBM's market position.

11.02.2025 - IBM Stock was down 5.1%

• The launch of 5th Gen EPYC Embedded chips by AMD with AI-focused capabilities using Zen 5 architecture could have sparked concerns about potential competition for IBM in the AI and computing market, leading to a bearish sentiment.
• Rigetti Computing Inc.'s aim to scale its quantum computing technology to 100 qubits and catch up with IBM and Google might have raised doubts about IBM's future dominance in the quantum computing sector, contributing to the bearish trend.
• The lack of specific positive news related to IBM may have also added to the downward pressure on the stock as investors may have sought more favorable developments to support a bullish movement.

11.02.2025 - IBM Stock was down 5.7%

• IBM experienced a bearish movement possibly due to increased competition in the quantum computing race and potential future competition in the tech industry.
• The launch of AI-focused chips by Advanced Micro Devices (AMD) could have also impacted IBM's stock negatively as investors may see AMD as a strong competitor in the AI space.
• The collaboration between Mitsubishi Motors and IBM for AI tools might not have provided an immediate boost to IBM's stock, leading to a lack of positive sentiment among investors.
• Overall, the combination of competitive pressures from AMD and a competitor, along with the lack of significant market-moving news directly related to IBM, could have contributed to the bearish movement in IBM's stock today.

04.03.2025 - IBM Stock was down 5.1%

• The introduction of a new Cloud MZR in Montreal and the availability of IBM's Watsonx AI in Toronto demonstrate the company's dedication to AI growth.
• Despite these positive developments, the stock saw a bearish movement, potentially attributed to profit-taking following a notable 32% increase over the past year.
• Given the recent volatility, investors may approach the market cautiously. Suggestions have been made to monitor trade alerts from an experienced Wall Street veteran for insights into potential market shifts.