IBMIBM
Market Cap: $184B
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 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
Employees: 282,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
28% more call options, than puts
Call options by funds: $2.58B | Put options by funds: $2.01B
19% more repeat investments, than reductions
Existing positions increased: 1,162 | Existing positions reduced: 975
0.72% less ownership
Funds ownership: 60.52% [Q1] → 59.8% (-0.72%) [Q2]
2% less funds holding
Funds holding: 2,726 [Q1] → 2,665 (-61) [Q2]
6% less capital invested
Capital invested by funds: $106B [Q1] → $99.3B (-$6.39B) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 69 [Q1] → 49 (-20) [Q2]
29% less first-time investments, than exits
New positions opened: 147 | Existing positions closed: 208
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
UBS David Vogt 50% 1-year accuracy 6 / 12 met price target | 28%downside $145 | Sell Maintained | 4 Sept 2024 |
RBC Capital Matthew Swanson 75% 1-year accuracy 15 / 20 met price target | 5%upside $211 | Outperform Maintained | 25 Jul 2024 |
Jefferies Brent Thill 50% 1-year accuracy 18 / 36 met price target | 0%downside $200 | Hold Maintained | 25 Jul 2024 |
BMO Capital Keith Bachman 59% 1-year accuracy 37 / 63 met price target | 5%upside $210 | Market Perform Maintained | 25 Jul 2024 |
Stifel David Grossman 48% 1-year accuracy 13 / 27 met price target | 2%upside $205 | Buy Maintained | 25 Jul 2024 |
Financial journalist opinion
Based on 59 articles about IBM published over the past 30 days