International Business Machines Corporation's (IBM) Market Performance and Analyst Ratings

Core Viewpoint - IBM reported strong earnings but faced a significant stock decline due to concerns over slowing growth in its software segment, particularly in cloud services [2][3][5] Financial Performance - IBM's adjusted earnings per share were $2.65, exceeding the consensus estimate of $2.45 [2][5] - Revenue reached $16.33 billion, surpassing the anticipated $16.09 billion [2][5] Stock Performance - IBM's stock experienced a 7% decline in after-hours trading following the earnings report [2][5] - The stock price fluctuated, with a recent increase of 1.94% to $287.51, having a low of $281.35 and a high of $289.13 on the same day [4] - Over the past year, IBM's stock ranged from a high of $301.04 to a low of $203.51, with a current market capitalization of approximately $267.8 billion [4] Analyst Ratings - UBS maintained a "Sell" rating for IBM and adjusted its price target to $210 from $200 [1][5]