Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



IBM Sets Record Earnings in Q4 2024 with Soaring Profits

February 03, 2025
International Business Machines Corp. (IBM) announced its impressive financial results for the fourth quarter of 2024, surpassing expectations and setting a new record for the company. The tech giant reported soaring profits, driven by strong growth in its software and artificial intelligence (AI) divisions.

IBM's Q4 2024 earnings call highlighted the company's successful shift towards software and AI solutions. The CEO emphasized the significant role these technologies played in driving IBM's overall growth. The demand for cloud-based solutions and digital transformation services has been on the rise, leading to increased adoption of IBM's software offerings.

The company's cloud revenues experienced a substantial boost, with a 25% year-over-year growth. This was attributed to the increasing number of businesses relying on IBM's cloud computing capabilities to enhance their operations and accelerate innovation. Additionally, IBM's AI capabilities have proven to be a competitive advantage, with clients investing in cutting-edge AI technologies to gain insights and improve decision-making.

IBM's impressive performance in Q4 2024 has led industry experts to predict further growth in the company's share value. Stocks Prognosis, a leading financial advisory firm, recommends considering IBM shares for investment, expecting a positive forecast for the stock's movement. It advises seeking professional advice from Stocks Prognosis to make informed investment decisions.

As the tech industry continues to evolve, IBM is well-positioned to take advantage of the growing demand for software and AI solutions. With its strong financial performance and innovative product portfolio, IBM remains a prominent player in the industry.
If you want to leave a comment, then you need Login or Register





Other data for IBM

Related data

IBMJune 30, 2025IBM Stock Hits QuantWave Price Target Forecast, Generating 21.96% Profit  ~1 min.

On March 20, 2025, QuantWave, an automated forecasting platform, signaled a long position for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) when the stock was trading at $241.71....


IBMJune 24, 2025QuantWave Achieves 21.27% Profit Target Forecast for IBM Stock  ~1 min.

On March 21, 2025, QuantWave provided a long signal for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) when the price was at 242.26 $....


IBMJune 24, 2025INTERNATIONAL BUSINESS MACHINES CORPORATION Hits Price Target Forecast with 16.8% Profit: A Success Story for QuantWave  ~2 min.

On March 4, 2025, QuantWave, an automated forecasting platform, issued a long signal for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) when the stock was trading at 249.85 $....


IBMJune 23, 2025International Business Machines Corporation Hits Price Target Forecast with 14.97% Profit  ~1 min.

On March 4, 2025, QuantWave's automated forecasting platform issued a long signal for International Business Machines Corporation (IBM) when the stock was trading at $251.54....


IBMJune 11, 2025IBM Stock Hits Price Target Forecast with Profit of 23.11%  ~1 min.

On December 10, 2024, QuantWave's forecasting platform issued a long signal for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) stock when it was priced at 228.66 $....


IBMJune 11, 2025QuantWave Achieves 23.11% Profit Target Forecast for IBM Stock  ~1 min.

On December 10, 2024, QuantWave, an automated forecasting platform, issued a long signal for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) when its price stood at $227.13....


IBMJune 10, 2025IBM Stock Hits Price Target Forecast with 22.24% Profit  ~2 min.

On December 3, 2024, QuantWave issued a long forecast signal for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) with a price target of $276.24. The stock was trading at $225....


IBMJune 10, 2025QuantWave Forecasts IBM Stock Price Target with 23.11% Profit Achieved  ~1 min.

On December 2, 2024, QuantWave, the automated forecasting platform, issued a long signal for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) with a price of 224.39 $....


IBMJune 10, 2025IBM Stock Price Target Forecast Achieved with 23.11% Profit on QuantWave Platform  ~1 min.

International Business Machines Corporation (IBM) investors on QuantWave platform recently saw a successful price target forecast come to fruition, resulting in a profit of 23.11%....


IBMJune 10, 2025IBM Stock Hits Price Target Forecast Successfully, Generating 22.24% Profit  ~1 min.

On December 3, 2024, QuantWave, a leading automated forecasting platform, issued a price target forecast for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) indicating a long position....


BLKDecember 11, 2024BlackRock Inc. NYSE:BLK - 2025 Investment Outlook: Building the transformation  ~2 min.

BlackRock Inc., the world's largest asset management company, is set to dominate the investment landscape in 2025 with its transformative strategies....


LUMNFebruary 21, 2025Lumen Technologies Inc. SEC 10-K Report Highlights Strong Performance and Growth  ~2 min.

Lumen Technologies Inc., a leading telecommunications company, recently released its annual SEC 10-K report, revealing impressive financial results and highlighting its strong performance and growth....


LUMNFebruary 4, 2025Lumen Technologies Inc. Continues to Deliver Strong Returns for Institutional Investors  ~2 min.

Lumen Technologies Inc. (NYSE: LUMN) has experienced a 17% decline in the holdings of its institutional investors over the past week, according to Yahoo Finance....


BPDecember 2, 2024BP p.l.c. BP: Fueling Our Future with Transformative Energy Solutions  ~2 min.

BP, a leading global energy company, is poised for significant growth and success in the U.S. market with the help of key industry influences and the support of President Trump's administration....


BKJanuary 23, 2025Bank of New York Mellon Corp BK Reports Record Net Income and Strategic Transformation Drive Growth in Q4 2024 Earnings Call  ~2 min.

The Bank of New York Mellon Corporation (NYSE:BK) recently held its Q4 2024 earnings call, where it reported record net income and highlighted the success of its strategic transformation initiatives....