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IBM's Shares Drop Sharply After Q1 Report: Analysts Say It's Overdone, Revenue Growth To Accelerate
Thursday, April 24, 2025 - 12:26pm | 459IBM (NYSE:IBM) shares tanked despite the company Wednesday reporting upbeat first-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On IBM Analyst Wamsi Mohan maintained a Buy rating and price target of $270....
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Dell Technologies Projects $15 Billion AI Server Revenue For FY26, Raises Dividend By 18% Amid A Mixed Quarter
Friday, February 28, 2025 - 4:53am | 573Dell Technologies Inc. (NYSE:DELL) reported a mixed fourth quarter, however, the management announced an 18% increase in annual dividend and said that it expects the artificial intelligence server business to grow by at least $15 billion in the fiscal year 2026. What Happened: Despite a revenue...
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IBM Investor Day Preview: Why Analyst Says This Event Could Be A Catalyst For The Stock
Tuesday, January 21, 2025 - 12:56pm | 331IBM (NYSE:IBM) is scheduled to host its Investor Day on Feb. 4. The event is likely to be "a positive catalyst for the stock," according to Goldman Sachs. The IBM Analyst: Analyst James Schneider maintained a Buy rating and price target of $250. The IBM Thesis: Management is likely to announce its...
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Jim Cramer Calls The Bottom On Dell Technologies Stock, Highlights Strong Relationship With Nvidia: 'This Stock Should Be Bought Right Here'
Tuesday, August 13, 2024 - 1:06pm | 503Jim Cramer applauded Barclay’s upgrade of Dell Technologies Inc (NYSE:DELL) on Tuesday as he believes the sell-off has run its course. What Happened: Barclays analyst Tim Long upgraded Dell from Underweight to Equal-Weight and set a price target of $97, noting that much of the “AI hype...
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IBM Shares Climb On Strong Q2 Results: Here's The Details
Wednesday, July 24, 2024 - 4:39pm | 374International Business Machines Corp. (NYSE:IBM) reported its second-quarter financial results Wednesday. Here's a look at the key figures from the report. The Details: IBM reported quarterly earnings of $2.43 per share, which beat the analyst consensus estimate of $2.19 by 10.96%. Quarterly...
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Dell Technologies Set For Growth With Optimism In PC Demand, AI Server Prospects, Citi Analyst Says
Tuesday, November 21, 2023 - 1:33pm | 313Citi analyst Asiya Merchant reiterated a Buy rating on Dell Technologies Inc (NYSE: DELL). With Dell’s stock significantly outperforming peers and trading at a modest valuation premium to peers, investors were skeptical as to whether near-term commentary could sustain...
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7 Major Windows 11 2022 Features And Changes Microsoft Released
Wednesday, September 21, 2022 - 11:23am | 739Microsoft (NASDAQ: MSFT) just launched the major yearly update of Windows 11 and it brings a whole lot of new features to the table. Some of the most notable ones are the Tabbed File Explorer, System-wide Live Captions, Focus Session, Do Not Disturb, Studio Effects, Clipchamp, multiple...
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This Analyst Believes Hewlett Packard Enterprise's Results Were 'Better Than Feared': What's Next?
Wednesday, August 31, 2022 - 12:17pm | 281Hewlett Packard Enterprise Co.’s (NYSE: HPE) quarterly results were broadly in-line with expectations, while earnings and cash flow forecasts were slightly lower, according to Raymond James. The Hewlett Packard Enterprise Analyst: Simon Leopold maintained an Outperform rating and a price...
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Morgan Stanley Downgrades HP On Potentially Lower Hardware Spend
Thursday, March 31, 2022 - 1:01pm | 211The hardware industry is at risk of losing market share to other technology sub-industries due to greater macro uncertainty, “leaving us incrementally more cautious on the group in 2022,” according to Morgan Stanley. The HP Analyst: Erik Woodring downgraded the rating for HP Inc (NYSE:...
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Logitech International Offers 'A Strong Track Record," BofA Says
Thursday, March 24, 2022 - 12:02pm | 218Logitech International SA (NASDAQ: LOGI) is likely to generate a compounded annual growth rate of 8% in revenues and 10% in EBITDA between fiscal 2022 and 2026, according to BofA Securities. The Logitech International Analyst: Adam Angelov initiated coverage of Logitech International with a Buy...
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Bernstein Upgrades Dell Technologies On Earnings Potential: What's Next?
Monday, January 10, 2022 - 12:42pm | 254Dell Technologies Inc (NYSE: DELL) seems poised for sustainable revenue growth of 2% to 4% and earnings growth of mid-to-high single digits, both of which are higher than Hewlett Packard Enterprise Co (NYSE: HPE) and HP Inc (NYSE: HPQ), which trade similar multiples, according to Bernstein....
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Analysts Raise IBM Price Target After Earnings Print
Tuesday, July 20, 2021 - 3:16pm | 274IBM (NYSE: IBM) reported the second consecutive quarter of sales growth and delivered an earnings beat. The IBM Analysts: Katy Huberty of Morgan Stanley maintained an Equal-weight rating for IBM, while raising the price target from $152 to $164. Credit Suisse’s Daniel Knauff raised the price...
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What Could Be Next As Corsair Gaming Gets Pushed By Redditors
Wednesday, June 30, 2021 - 3:53pm | 395Corsair Gaming Inc. (NASDAQ: CRSR) shares are trading slightly higher Wednesday after retail traders grabbed ahold of the stock: the company is a big name within the WallStreetBets community on Reddit. The stock was trending throughout the day on StockTwits. The company also released their 7000...
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COVID-19 Life Has Been Good To PC Makers
Tuesday, June 22, 2021 - 10:24am | 921Maybe the early days of the Covid-19 pandemic slowed down the PC sales, but as soon as working and studying from home became a part of everyday life, many businesses and people started buying PCs and other IT equipment, making the first quarter in 2021 the highest in PC unit sales since 2015. And...
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Things Are Looking Up For Analog Devices, Bernstein Says
Thursday, May 20, 2021 - 12:42pm | 265Analog Devices, Inc. (NASDAQ: ADI) seems poised to benefit in the near to medium term given continued strong demand, as well as a possible uptrend in communications in the back half of the year and the growing electric vehicles (EV) space, according to Bernstein. The Analog...