By Trefis Team
Publication Date: 2026-02-24 14:24:00
GERMANY – 2026/01/09: In this photo illustration, the International Business Machines Corporation (IBM) logo is seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)
SOPA Images/LightRocket via Getty Images
IBM stock has dropped by 28.6% in under a month, going from $312.95 on 2nd Feb, 2026 to $223.35 currently. The sharp decline was primarily triggered by a disappointing quarterly earnings report that highlighted slowing growth in its hybrid cloud and AI consulting segments, missing analyst expectations. This was further compounded by a broader market-wide rotation out of legacy tech, as investors shifted capital toward emerging quantum computing startups and high-yield bonds amidst fluctuating interest rate forecasts.
The key question: Is this dip worth buying?
Buying the dip can be an effective strategy for quality stocks known for their history of bouncing back from declines. In this case, IBM stock meets basic quality…
