Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from International Business Machines ( (IBM) ).
On February 4, 2025, IBM’s Investor Day highlighted its strategic focus on hybrid cloud and AI technologies. The company reported achieving its 2024 financial targets, including revenue growth and the highest free cash flow margin in its history. IBM’s strategy involves leveraging its extensive partner network and investing in innovation to drive sustainable growth. The company’s performance metrics and non-GAAP financial disclosures aim to provide investors with a clear understanding of its financial health and operational efficiency.
More about International Business Machines
International Business Machines (IBM) operates in the technology industry, focusing on hybrid cloud and AI solutions. It serves a significant portion of Fortune 500 companies and generates a substantial portion of its revenue from software, consulting, and infrastructure services, with a strong emphasis on innovation and performance metrics.
YTD Price Performance: 18.55%
Average Trading Volume: 4,228,675
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $241.1B
See more data about IBM stock on TipRanks’ Stock Analysis page.