Trump Says IBM CEO Has Done An Incredible Job
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- S&P 500 and Nasdaq set to open higher as CPI, bank earnings take focus; IBM tumbles
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- SK Hynix’s record plunge drags down global chip stocks
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- IBM misses Q2 targets as mainframe and software sales disappoint
- Goldman Sachs Upgrades NIO (NIO) to Buy
- BofA Securities on AppLovin: 'Current valuation appears reasonable'
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- YPF Energía Eléctrica S.A. files for proposed NYSE IPO
Evercore ISI on IBM (IBM): 'remains positioned to sustain mid single digit sales and high-single/low double-digit FCF growth'
October 23, 2025 4:18 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $315.00 price target on IBM (NYSE: IBM).
The analyst comments "IBM reported a solid Sept-qtr beat with revenue/EPS of $16.3B/$2.65 driven by broad-based growth across all three segments. Overall, sales were up 7% in CC driven by software growth 9% (though RHT decel is notable), Consulting returning to 2% growth in CC, and Infrastructure being up 15% driven by the z17 mainframe cycle. The big question on the print was... More

