International Business Machines Corporation (IBM) has been in the news with a mix of positive and negative reports. Finance professional Jim Cramer believes IBM will report an excellent quarter, despite the company's shares being sold by multiple investors including Valley Wealth Managers Inc., and Applied Finance Capital Management LLC. Furthermore, IBM has disclosed $1,220,000 in lobbying expenditures, whereas Rep. Jefferson Shreve shrank his IBM shareholdings, indicating a possibly negative view. Favorably, the firm reported a revenue increase and reaffirmed its dividend. Its stock position was boosted by Cetera Investment Advisers and other entities like Denver PWM LLC, and Crestwood Advisors Group LLC acquired new shares. Nevertheless, negative reports reveal a 1.1% drop in trading following an analyst downgrade. The company continues to witness a reshuffling of its shares among investors coupled with oscillating price target projections. It's of note that IBM reported strong Q2 2025 earnings growth, and its software results have tempered investor enthusiasm. Still, IBM's shares were labeled 'America's worst tech company'. The firm's strong Q2 results were underscored by AI and software growth while its stock price witnessed a cut in the target to $310.00 by Bank of America analysts.
International Business Machines Corporation IBM News Analytics from Sat, 28 Jun 2025 07:00:00 GMT to Sat, 26 Jul 2025 11:48:26 GMT -
Rating 5
- Innovation 4
- Information 8
- Rumor -3
