IBM Reports 2021 First-Quarter Results

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Go back to IBM Reports 2021 First-Quarter Results

IBM (IBM) PT Raised to $151 at Stifel

April 20, 2021 6:42 AM EDT

Stifel analyst David Grossman raised the price target on IBM (NYSE: IBM) to $151.00 (from $147.00) while maintaining a Buy rating.

The analyst commented, "IBM reported above consensus 1Q results (no quarterly guide) and reiterated annual guidance. Software and professional services (GBS) growth improved... More

IBM (IBM) Tops Q1 EPS by 14c, Revenue Beats

April 19, 2021 4:09 PM EDT

IBM (NYSE: IBM) reported Q1 EPS of $1.77, $0.14 better than the analyst estimate of $1.63. Revenue for the quarter came in at $17.7 billion versus the consensus estimate of $17.34 billion.

Full-Year 2021 Expectations:

The company expects to grow revenue for the full year 2021 based on... More