International Business Machines Corporation

• IBM Stock Price 24h change: +2.12%. From 291.35 USD to 297.54 USD.
• Yesterday's rebound was driven by JPMorgan raising its price target from $290 to $312, citing improved expectations for 2026. This follows a sharp 4.68% drop the previous day amidst a broader blue-chip sell-off and caution ahead of the January 28 earnings report.
• From a technical perspective, IBM is currently showing a "short-term recovery within a medium-term correction": the stock is finding support near $290 after a breakdown from $320, but remains below its 50-day ($302.60) and 200-day ($303.00) moving averages. Indicators like the RSI (47.2) are neutral, while the MACD remains in sell territory, suggesting a cautious outlook until a clear breakout above $300 occurs.
• JPMorgan and Evercore ISI recently hiked IBM price targets to $312 and $330 respectively, highlighting confidence in the Z17 mainframe cycle and Red Hat's growth trajectory.
• IBM expanded its AI ecosystem this week by launching watsonx-powered digital experiences with the Recording Academy and announcing an agentic AI partnership with e& to target enterprise compliance.
• Market participants are bracing for IBM's Q4 earnings on January 28, with analysts focusing on free cash flow guidance and the sustainability of software margins as key catalysts.
• The technology sector is facing a memory chip supply squeeze due to surging AI server demand, leading manufacturers like Samsung and major smartphone makers to adjust 2026 shipment targets.
• Microsoft issued emergency out-of-band fixes in late January after a security update caused system shutdown failures on Windows 11 devices, highlighting ongoing stability risks in enterprise IT environments.

• IBM Stock Price 24h change: -4.68%. From 305.67 USD to 291.35 USD.
• From a technical perspective, the stock is under short-term pressure, trading below its 50-day moving average ($303.39). Key indicators like RSI (37.25) and MACD (-1.69) signal a "Strong Sell" or oversold condition, with immediate support at $287.84 and resistance near $315.84 as the market prices in Q4 earnings risks.
• IBM launched "IBM Enterprise Advantage" and a strategic partnership with e& at Davos to scale agentic AI governance, shifting its focus from chatbots to action-oriented enterprise AI systems.
• IBM introduced "IBM Sovereign Core," the industry’s first AI-ready software designed to help governments and highly regulated industries maintain digital sovereignty over their data and AI models.
• Analysts are eyeing IBM's January 28 earnings report, expecting EPS of $4.33, with the stock’s recent pullback reflecting investor caution regarding the sustainability of software growth and the Z17 mainframe cycle.
• The technology sector is experiencing a broad "rotation" in early 2026, with tech becoming the worst-performing sector (-0.40% YTD) as investors pivot toward small-cap stocks and materials.
• AI infrastructure remains a dominant theme as industry reports project a $3 trillion data center buildout through 2030, shifting market focus from AI model development to power and hardware supply chains.