IBM (IBM)

• Market cap: $225B
• 1 day: 1.02%
• 5 days: 4.60%
• 1 month: -2.75%
• 3 months: -6.37%
• 6 months: 18.02%
• Year to date: 9.95%
• 1 year: 45.50%
• 5 years: 101.45%
• 10 years: 47.67%
• Sector: Technology
• Industry: Information Technology Services

About: IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which include 95% of all Fortune 500 companies. Primary products include its mainframes, Red Hat software, transaction processing software, and IT consulting.

Employees: 270,300

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

221% more first-time investments, than exits

New positions opened: 350 | Existing positions closed: 109

49% more call options, than puts

Call options by funds: $4.83B | Put options by funds: $3.24B

6% more funds holding

Funds holding: 2,896 [Q3] → 3,071 (+175) [Q4]

1.17% more ownership

Funds ownership: 60.77% [Q3] → 61.94% (+1.17%) [Q4]

3% more capital invested

Capital invested by funds: $123B [Q3] → $127B (+$3.95B) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 1,154 | Existing positions reduced: 1,151

5% less funds holding in top 10

Funds holding in top 10: 87 [Q3] → 83 (-4) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $170 30% downside
• Avg. target: $261 8% upside
• High target: $320 32% upside

6 analyst ratings

• positive: 3 50%
• neutral: 2 33%
• negative: 1 17%

UBS David Vogt 38% 1-year accuracy 5 / 13 met price target	30% downside $170	Sell Maintained	24 Apr 2025
Morgan Stanley Erik Woodring 27% 1-year accuracy 8 / 30 met price target	4% downside $233	Equal-Weight Maintained	24 Apr 2025
Wedbush Daniel Ives 59% 1-year accuracy 69 / 117 met price target	24% upside $300	Outperform Reiterated	24 Apr 2025
RBC Capital Matthew Swanson 23% 1-year accuracy 10 / 44 met price target	14% upside $276	Outperform Reiterated	14 Apr 2025
Jefferies Brent Thill 49% 1-year accuracy 36 / 74 met price target	10% upside $265	Hold Maintained	31 Mar 2025