◆ NeutralIBM
Is IBM Stock in Trouble?
The Motley Fool·
IBM stock plummeted over 25% after the company pre-announced Q2 results that missed analyst expectations, with revenue of $17.2B versus $17.86B expected and adjusted EPS of $2.93 versus $3.02 projected. The more concerning issue is that customers are shifting spending toward AI servers and memory products rather than IBM's software and mainframe offerings, signaling potential near-term headwinds for the company.
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