Goldman Sachs analyst James Schneider expects fourth-quarter 2024 reports to reflect gradual demand improvement in 2025 guidance. Based on intra-quarter management commentary and Accenture ACNSchneider expects modest beats for his IT Services coverage in the quarter.  The analyst noted that 2025 guidance will reflect modest revenue acceleration that mirrors a gradually improving customer demand environment and monitored Tata Consultancy Services and Infosys INFY reports.  Also Read: Intel Partners with Amaz ...

I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL eithe ...

Performance and Strategy - The company has helped its members outperform the S&P 500 and avoid significant drawdowns despite extreme volatility in both equity and bond markets [1] - The company offers a 100% risk-free trial for its proven investment method [1] Research and Investment Style - The company has maintained a bullish stance on International Business Machines Corporation (NYSE: IBM) stock for the past 2 years [2] - The core style of the company is to provide actionable and unambiguous investment ideas based on independent research [2] - The company publishes at least 1 in-depth article per week on actionable investment ideas through Envision Early Retirement [2]

New offering designed to move SAP S/4HANA workloads from IBM Power Systems on-premises to cloud within 90 days IBM realized 30% reduction in infrastructure costs and related operations over 18 months in RISE with SAP modernization project supporting 150,000 ERP users ARMONK, N.Y. and WALLDORF, Germany, Jan. 7, 2025 /PRNewswire/ -- Today, IBM (NYSE: IBM) and SAP SE (NYSE: SAP) announced the upcoming release of RISE with SAP on IBM Power Virtual Server, designed to make it the fastest and easiest path for IBM ...

The report found that 81% of surveyed executives and 96% of their teams are already using AI to a moderate or significant extent  Executives indicate they want to expand into more sophisticated AI use cases, such as integrated business planning where they plan to increase usage by 82% in 2025NEW YORK, Jan. 7, 2025 /PRNewswire/ -- A new global study from the IBM (NYSE: IBM) Institute for Business Value found that surveyed retail and consumer product executives are dramatically shifting their focus toward ar ...

The first phase of the artificial intelligence (AI) boom was undoubtedly defined by powerful large language models capable of a large variety of tasks. AI models like those that power ChatGPT can do a lot of things reasonably well, although they still output incorrect information and fabricated responses at times.The second phase will likely be defined by AI agents, which are narrow in focus and can be designed to autonomously handle related tasks. Imagine a customer service AI bot that can chat with custom ...

Legal Settlement and Background - IBM has reached a confidential settlement with GlobalFoundries, resolving all disputes related to breach of contract, trade secrets, and intellectual property claims [1] - IBM sold its semiconductor plants to GlobalFoundries in 2015 and later sued them in 2021 for breaching a $1.5 billion contract to manufacture high-performance chips [2] - In 2023, GlobalFoundries countersued IBM, accusing them of misappropriating chipmaking trade secrets and sharing them with Intel and Rapidus [3] Strategic Partnerships and Industry Position - IBM has formed partnerships with Intel and Japan-based Rapidus Corporation to advance semiconductor manufacturing innovation and develop next-generation technologies [2] - IBM holds a leadership position in hybrid cloud and AI, serving around 4000 government and corporate entities across various sectors [4] - GlobalFoundries is a major player in semiconductor manufacturing, with a strong presence in automotive, smart mobile devices, IoT, and communications infrastructure [4] Market Performance and Future Prospects - IBM's stock has gained 36.7% in the past year, outperforming the industry's 9.4% growth [7] - The resolution of legal disputes between IBM and GlobalFoundries opens avenues for future collaboration, combining IBM's research capabilities with GlobalFoundries' manufacturing expertise [5] - This collaboration is expected to enhance IBM's commercial prospects and drive the development of cutting-edge solutions across industries [5] Zacks Rank and Peer Analysis - IBM currently holds a Zacks Rank 3 (Hold) [9] - Keysight Technologies (KEYS) has a Zacks Rank 2 (Buy) and is expected to benefit from trends in automotive electronics, space applications, and driver-assistance systems [9] - InterDigital (IDCC) holds a Zacks Rank 1 (Strong Buy) and is a pioneer in advanced mobile technologies, with a strong focus on wireless communications and digital cellular networks [10]

In Brief The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition.The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to clear the deal or refer it for further review. As The Wall Street Journal reports, IBM announced it agreed to buy HashiCorp in April f ...

Core Viewpoint - IBM has been upgraded to a Zacks Rank 2 (Buy), indicating an upward trend in earnings estimates which is a significant factor influencing stock prices [1][13][14]. Earnings Estimate Revisions - Analysts have consistently raised their earnings estimates for IBM, with the Zacks Consensus Estimate increasing by 0.2% over the past three months [4]. - For the fiscal year ending December 2024, IBM is expected to earn $10.12 per share, reflecting a 5.2% increase from the previous year's reported figure [16]. Zacks Rank System - The Zacks Rank system effectively utilizes earnings estimate revisions to classify stocks, maintaining a balanced distribution of 'buy' and 'sell' ratings across over 4000 stocks [9]. - Stocks rated Zacks Rank 1 (Strong Buy) have historically generated an average annual return of +25% since 1988, showcasing the effectiveness of the system [11]. Market Implications - The upgrade to Zacks Rank 2 places IBM in the top 20% of Zacks-covered stocks based on estimate revisions, suggesting potential for near-term stock price appreciation [13][17]. - The positive outlook on IBM's earnings is expected to favorably impact its stock price, driven by the improving business fundamentals [7][14].

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. IBM (IBM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.IBM is a member of the Computer and Technology sector. T ...