IBM's software segment revenue grows in Q1 2025, acquisition enhances cloud capabilities
From Nasdaq: 2025-06-10 09:06:00
- IBM’s Software segment saw revenues increase to $6.34 billion in Q1 2025, driven by growth in Hybrid Platform & Solutions, Red Hat, and Automation. The acquisition of HashiCorp Inc. for $6.4 billion has enhanced IBM’s cloud infrastructure management and security capabilities.
- Microsoft’s Azure cloud computing service is available in over 60 regions globally, strengthening its competitive edge. Amazon’s AWS offers more than 200 services and various purpose-built databases. IBM’s stock has surged 60.7% in the past year, with a forward P/S ratio of 3.74.
- IBM’s earnings estimate for 2025 has been rising, with a Zacks Rank #3. Access Zacks’ stock picks for $1 to explore investment opportunities. Microsoft and Amazon also offer free stock analysis reports for investors seeking insights.
Read more at Nasdaq: IBM’s Software Segment Growth Picks Up: A Sign of More Upside?