Category: Finance
IBM reported Q4 revenue of $17.6 billion and earnings of $3.92 per share, surpassing estimates. The growth was driven by strong demand for AI solutions and Red Hat products, despite declines in other segments. IBM stock surged over 8% post-results but is considered fully valued at around $250. The company anticipates at least 5% top-line growth and $13.5 billion in free cash flows by 2025.
Keywords: IBM, Q4 results, AI solutions
Update At: 1/31/2025