Large-cap Technology company International Business Machines has logged a -0.0% change today on a trading volume of 3,169,495. The average volume for the stock is 4,791,821.
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company is now trading 8.89% away from its average analyst target price of $168.42 per share. The 16 analysts following the stock have set target prices ranging from $116.37 to $200.15, and on average give International Business Machines a rating of hold.
Over the last 52 weeks, IBM stock has risen 34.9%, which amounts to a 14.6% difference compared to the S&P 500. The stock's 52 week high is $196.9 whereas its 52 week low is $120.55 per share. Based on International Business Machines's average net margin growth of 0.5% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 61,170,000 | 6,924,000 | 11 | 266.67 |
| 2022 | 60,530,000 | 1,639,000 | 3 | -70.0 |
| 2021 | 57,350,000 | 5,743,000 | 10 | 0.0 |
| 2020 | 55,179,000 | 5,590,000 | 10 | -37.5 |
| 2019 | 57,714,000 | 9,431,000 | 16 | 45.45 |
| 2018 | 79,591,000 | 8,728,000 | 11 |
