IBM stock fell 6% despite beating Q1 expectations, maintaining full-year revenue guidance, and positive growth outlook
From Nasdaq: 2025-04-24 17:45:00
IBM stock fell 6% despite beating Q1 expectations and maintaining full-year revenue guidance. CEO Arvind Krishna cited strong growth in hybrid cloud and AI. Q1 sales were $14.54B, EPS $1.60, exceeding estimates. IBM forecasts 5% revenue growth in 2025. Stock trades at $230, with a P/E ratio of 22.8X. Analysts await positive earnings revisions.
Zacks Investment Research reports IBM maintained full-year revenue guidance of 5% growth, topping estimates. Free cash flow guidance remains at $13.5B. Stock is a Zacks Rank #3 (Hold). Earnings estimates revisions will impact future performance. IBM trades at a premium to industry average. IBM aims to capitalize on tariff concerns with positive outlook.
Zacks Investment Research highlights a top semiconductor stock with strong growth potential in AI and IoT sectors as global semiconductor market is projected to reach $803B by 2028. Stock recommendations and analysis available for free. Download 7 best stocks for the next 30 days from Zacks Investment Research. The views expressed are of the author and not Nasdaq, Inc.
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