By Rafael Müller
Publication Date: 2026-10-13 10:24:00
IBM (ISIN US4592001014) was trading at EUR 203.80 at Lang & Schwarz on October 13, 2026 at 12:19 p.m. CEST, up 0.77 percent versus the Xetra close of October 12, 2026 at EUR 202.25. The latest analyst action came from Truist, which initiated coverage with a Hold rating and a USD 240.00 price target on October 9, 2026, according to aktiencheck.de.
Truist puts execution under review
The Truist view separates IBM’s long-term technology position from near-term delivery. The analyst cited structural strengths in enterprise computing but assigned a Hold rating because customers have delayed software decisions while prioritizing artificial intelligence infrastructure, according to aktiencheck.de.
That caution follows IBM’s second-quarter 2026 performance. Revenue rose 1.00 percent year over year to USD 17.16 billion, while GAAP diluted earnings per share reached USD 2.27 and operating diluted earnings per share increased 5.00 percent to USD 2.93, according to Yahoo Finance.
