Ahead of its earnings release, IBM IBM announced its intention to acquire HashiCorp, a multi-cloud infrastructure automation company, for $35 per share in cash, with an enterprise value of $6.4 ...
IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor years ago, recognizing that it could never compete with the big three: Amazon, Microsoft and Google. It has since moved ...
IBM (NYSE:IBM) Chief Financial Officer Jim Kavanaugh said hybrid cloud and generative artificial intelligence both provide long-term growth opportunities for Big Blue. "We are fundamentally a ...
Forbes contributors publish independent expert analyses and insights. Justin is founder and principal analyst at PivotNine. The rumours have been confirmed and IBM will acquire HashiCorp for $35 per ...
IBM stock is down 20% from its 52-week high, but the concerns seem overblown.
IBM's planned investments in quantum computing and cloud infrastructure in India aim to enhance opportunities for the country ...
Who doesn't want more Power in their cloud? Today IBM announced a series of updates for its Power Virtual Server offering running on IBM Cloud. The new advancements to the onboarding and user ...
BNP Paribas and IBM are expanding their cloud computing partnership, the companies said Tuesday. The French bank, which has been working with IBM since 2018, plans to move nearly half its applications ...
Are AI tools from Anthropic and other players on the verge of disrupting IBM's growth story?
International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price target sits at $324.95. That is a gap of roughly 41.7% between where the stock ...