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International Business Machines ( (IBM) ) just unveiled an announcement.
In its fourth-quarter 2024 earnings presentation on January 29, 2025, IBM reported a revenue growth of 3% and $12.7 billion in free cash flow. The company highlighted significant achievements with its Software segment growing 9%, and Red Hat achieving double-digit growth. Despite some challenges in Consulting, IBM expressed confidence in future growth driven by technology momentum and strategic partnerships. The company also emphasized its leadership in generative AI, with a growing book of business and a focus on AI-driven business transformations. Looking ahead, IBM anticipates revenue growth of over 5% in 2025, supported by its enhanced portfolio and culture of innovation.
More about International Business Machines
International Business Machines (IBM) is a global leader in the technology industry, specializing in software, infrastructure, and consulting services. The company is focused on leveraging advanced technology and deep consulting expertise to deliver end-to-end business transformations, with a significant emphasis on generative AI and cloud solutions.
YTD Price Performance: 3.95%
Average Trading Volume: 3,909,671
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $208.7B
Find detailed analytics on IBM stock on TipRanks’ Stock Analysis page.
