There Is Clear Momentum For International Business Machines Corp (NYSE: IBM)

International Business Machines Corp (IBM) concluded trading on Wednesday at a closing price of $238.57, with 4.87 million shares of worth about $1.16 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.41% during that period and on April 16, 2025 the price saw a loss of about -0.88%. Currently the company’s common shares owned by public are about 927.26M shares, out of which, 926.38M shares are available for trading.

Stock saw a price change of 1.39% in past 5 days and over the past one month there was a price change of -3.39%. Year-to-date (YTD), IBM shares are showing a performance of 8.52% which increased to 31.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $162.62 but also hit the highest price of $266.45 during that period. The average intraday trading volume for International Business Machines Corp shares is 5.13 million. The stock is currently trading -0.83% below its 20-day simple moving average (SMA20), while that difference is down -4.28% for SMA50 and it goes to 7.67% higher than SMA200.

International Business Machines Corp (NYSE: IBM) currently have 927.26M outstanding shares and institutions hold larger chunk of about 63.31% of that.

The stock has a current market capitalization of $221.22B and its 3Y-monthly beta is at 0.62. PE ratio of stock for trailing 12 months is 37.18, while it has posted earnings per share of $6.42 in the same period. Its PEG reads 7.15 and has Quick Ratio of 0.97 while making debt-to-equity ratio of 2.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IBM, volatility over the week remained 3.16% while standing at 3.67% over the month.

Stock’s fiscal year EPS is expected to rise by 3.54% while it is estimated to increase by 6.75% in next year. EPS is likely to grow at an annualized rate of 5.20% for next 5-years, compared to annual growth of -9.46% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on February 11, 2025 offering an Outperform rating for the stock and assigned a target price of $320 to it. On October 02, 2024, DZ Bank Downgrade their recommendations, while on June 24, 2024, Goldman Initiated their ratings for the stock with a price target of $200. Stock get an Underperform rating from Exane BNP Paribas on May 02, 2024.

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