IBM shares fall 16% since June but no fundament… | Pluang

IBM shares fall 16% since June but no fundament… | Pluang

By Seeking Alpha
Publication Date: 2026-09-29 00:00:00

IBM’s stock has dropped about 16% since mid-June, significantly underperforming the market. Despite this decline, there are no structural problems identified with the company. Strong institutional demand and undervaluation suggest that IBM could see multiple expansions in its stock value. The analyst maintains an unchanged positive rating based on IBM’s relative value, institutional support, and stable fundamentals.