By Nikko Henson
Publication Date: 2026-03-03 16:05:00
Key Stats for IBM Stock
- This-Week Performance: 7%
- 52-Week Range: $215 to $325
- Valuation Model Target Price: $308
- Implied Upside: 28.6%
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What Happened?
International Business Machines Corporation stock rose about 7% this week, finishing near $239 per share as investors reacted to stronger-than-expected fourth quarter results and confident 2026 guidance.
The move pushed shares higher within their $215 to $325 52-week range and reflected renewed confidence in IBM’s software-led growth and AI momentum.
The stock climbed specifically because IBM reported 9% revenue growth in the fourth quarter, its strongest pace in over three years, alongside 11% Software growth and 17% Infrastructure growth.
IBM Z revenue surged 61% year over year, contributing to full-year revenue growth of 6% and free cash flow of $14.7…
