Workflow
IBM Stock Gaps Lower on Slowing Software Revenue Growth
国际商业机器国际商业机器(US:IBM) Schaeffers Investment Research·2025-10-23 23:17

Tech stock IBM (NYSE:IBM) is down 3.9% to trade at 276.87atlastglance,brushingoffthecompanysthirdquartertopandbottomlinewinaftersoftwarerevenuegrowthshowedsignsofdeceleration.Analystsrespondedwithpricetargetcutsandhikes,themostnotableanincreasefromBofAGlobalResearchto276.87 at last glance, brushing off the company's third-quarter top- and bottom-line win after software revenue growth showed signs of deceleration. Analysts responded with price target cuts and hikes, the most notable an increase from BofA Global Research to 315 from $310. Today's pullback has IBM on track for its worst daily performance since July, though it still sports a 25% year-to-date lead. The 50-day moving average has captured the stock's steep d ...