Wedbush has reaffirmed its "outperform" rating and raised its target price from $300 to $325 for IBM, one of its favorite software stocks, as "the AI revolution is set to accelerate in the coming years."
While the stock has performed well so far in 2025, we believe IBM remains overlooked and is still in the early stages of a growth renaissance, with AI as a key driver, the broker said.
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International Business Machines Corporation (IBM) is one of the world's leading computer services companies. Net sales break down by activity as follows:
- cognitive solutions and transaction processing software development (43.2%);
- IT services (33%): consulting (management of logistic chains, financial performance, CRM, human resources, etc.), application management, systems integration, cloud computing, hosting, technical support services, etc.;
- sale of IT infrastructure (22.3%): hybrid IT infrastructure solutions, microcomputers, servers, peripheral devices, networks, data storage equipment, etc.;
- financing of computer equipment (1.1%);
- other (0.4%).
Net sales are distributed geographically as follows: the United States (40.1%), Americas (9.7%), Europe-Middle East-Africa (31%) and Asia-Pacific (19.2%).
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Investor
Investor
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ESG MSCI
ESG MSCI
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