Group 1 - IBM's stock has outperformed the S&P 500 index this year, rising 30% compared to the index's 7% increase, which may pose challenges for its upcoming earnings report [2] - Analysts have mixed expectations for IBM's Q2 performance, with optimism surrounding its software business, particularly the Red Hat acquisition, despite a potential slowdown in consulting services [2][3] - The software business is considered a core pillar for IBM, with expectations of a 10% year-over-year revenue growth for the full year, despite a slowdown in Q1 [4] Group 2 - IBM is expected to report Q2 revenue of $16.6 billion and adjusted earnings per share of $2.65, according to analyst forecasts [5] - The consulting business may face challenges in the second half of the year due to federal budget cuts, but its overall reliance on federal business is low, accounting for only about 5% of total revenue [4] - The anticipated growth in the software segment is supported by increased enterprise investment in AI and the modernization of software through hybrid cloud adoption [3][4]
IBM股价劲升30%跑赢大盘 财报能否撑起高预期？
Jin Shi Shu Ju·2025-07-22 08:29