From StockTwits: 2025-01-29 10:40:17

Investors await IBM’s fourth-quarter earnings call for updates on AI growth, mainframe refresh, and $7B HashiCorp acquisition amid a divided retail outlook. Analysts predict EPS of $3.78 on revenue of $17.56 billion. Morgan Stanley lowers price target to $217, viewing IBM as “fully valued” post strong 2024. Executives expected to discuss AI initiatives generating $1 billion quarterly revenue. Focus on z17 mainframe launch for potential infrastructure business growth. Pending HashiCorp acquisition faces regulatory scrutiny. Retail sentiment around IBM shifts to ‘neutral’ from ‘extremely bullish’ ahead of earnings. IBM shares up 21% over the last year and 3% year-to-date.



Read more at StockTwits: IBM Stock Inches Up Ahead Of Q4 Earnings Despite Cautious Analyst Outlook: Retail Remains Uncertain