IBM's Value Only Makes Sense Through The Right Comparison

Group 1 - The share price of International Business Machines Corporation (IBM) has decreased by 16.8% since the announcement of its 2Q2025 results on July 22nd, despite the company beating EPS expectations with a reported EPS of $2.80, which is $0.15 above consensus [1] - IBM exceeded total revenue expectations in the same quarter, indicating strong operational performance [1]