As IBM Cuts Thousands of Jobs, Should You Buy, Sell, or Hold IBM Stock?

Core Viewpoint - IBM has experienced significant stock growth driven by AI advancements, with a nearly 40% increase in stock value for the year, and a positive outlook for Q4 2025 despite announced job cuts [1][2]. Financial Performance - For Q3 2025, IBM reported a revenue increase of 9% year-on-year, reaching $16.3 billion, and a robust 15% growth in operating earnings per share [4][5]. - The company has guided for full-year revenue growth exceeding 5% and free cash flows of $14 billion, enhancing its capacity for innovation and acquisitions [5]. AI and Market Position - IBM's AI business has shown strong momentum, with an AI book of business exceeding $9.5 billion, indicating potential for substantial top-line growth [5]. - The company has made strategic acquisitions, such as Txture, to enhance its cloud services, reflecting its commitment to innovation in the technology sector [5]. Regional Performance - Revenue growth in the Americas and EMEA regions was 9% year-on-year, while the Asia Pacific region reported flat growth, suggesting future growth potential [5].