IBM

US4592001014

IT Services & Consulting

Market Closed - Nyse Other stock markets 01:30:02 22/06/2024 am IST			5-day change	1st Jan Change
172.5 ^USD	-0.84%		+1.92%	+5.45%

20/06	A reminder of the fundamentals
19/06	WPP Launches New Marketing Product Using IBM's Generative AI Platform	DJ

International Business Machines Corporation agreed to acquire skyarch networks inc.

May 29, 2024

International Business Machines Corporation (NYSE:IBM) agreed to acquire skyarch networks inc. on May 29, 2024. The acquisition is expected to close in June 2024, subject to customary closing conditions and regulatory approvals.

Latest news about IBM

A reminder of the fundamentals	20/06
WPP Launches New Marketing Product Using IBM's Generative AI Platform	19/06	DJ
Sector Update: Consumer Stocks Ease in Late Afternoon Trading	19/06	MT
Sector Update: Consumer Stocks Mixed Tuesday Afternoon	18/06	MT
IBM-Led Consortium to Help Illinois Secure Federal Funding for Quantum Tech Initiatives	18/06	MT
McDonald's Ending its AI Drive-Through Partnership With IBM	18/06	MT
McDonald's Ending its AI Drive-Through Partnership With IBM	18/06	MT
IBM, Telefonica Tech Sign AI, Data Management Deal	18/06	MT
McDonald's Ending its AI Drive-Through Partnership With IBM	18/06	MT
IBM and the All England Lawn Tennis Club Launch New Generative Ai Feature for Personalized Player Stories At Wimbledon	17/06	CI
IRobot Corp. Announces Board Changes	14/06	CI
NANO-X IMAGING LTD Appoints Michael Jackman as Member of the Board, Effective as of July 1, 2024	13/06	CI
French Startup Mistral AI Raises $650 Million in Bid to Scale Up	11/06	DJ
Mistral AI SAS announced that it has received ?600 million in funding from a group of investors	11/06	CI
Apollo, Kyndryl in bid for DXC Technology, sources say	11/06	RE
Apple kicks off annual developer conference with AI in focus	10/06	RE
AI is sole focus at Apple's annual conference	10/06	RE
Banks say growing reliance on Big Tech for AI carries new risks	07/06	RE
Banks say growing reliance on Big Tech for AI carries new risks	07/06	RE
IBM: working on quantum computing with Pasqal	06/06	CF
Japan considers new legislation to back advanced chipmaking	04/06	RE
International Business Machines, Rapidus Partner to Develop Mass-Production Technologies for Chiplet Packages	04/06	MT
Rapidus Corporation and IBM Expand Collaboration to Chiplet Packaging Technology for 2nm-Generation Semiconductors	04/06	CI
Mistral AI SAS announced that it expects to receive funding from Cisco Investments	04/06	CI
HashiCorp Fiscal Q1 Swings to Non-GAAP Earnings; Revenue Increases	31/05	MT

Chart IBM

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Company Profile

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 (41.4%); - IT services (31.6%): 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 (25.3%): hybrid IT infrastructure solutions, microcomputers, servers, peripheral devices, networks, data storage equipment, etc.; - financing of computer equipment (1%); - other (0.7%). Net sales are distributed geographically as follows: the United States (41.5%), Americas (9.8%), Europe/Middle East/Africa (29.7%), Japan (9%) and Asia/Pacific (10%).

Sector

IT Services & Consulting

Calendar

25/07/2024 - Q2 2024 Earnings Release

Related indices

Dow Jones Industrial , S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

IBM: Value destruction

April 25, 2024 at 03:00 pm IST

Gary Cohn, IBM vice-president: The three keys to a balanced US economy

January 24, 2024 at 07:08 pm IST

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Ratings for IBM

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

173.9 USD

Average target price

178.7 USD

Spread / Average Target

+2.75%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other IT Services & Consulting

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SNOWFLAKE INC.	-35.78%	4.24TCr
GARTNER, INC.	+0.23%	3.5TCr

Other IT Services & Consulting

IBM

Equities

IBM

US4592001014

IT Services & Consulting

International Business Machines Corporation agreed to acquire skyarch networks inc.

EPS Revisions