International Business Machines Corporation (IBM) Fell as Revenue Growth Fell Short of Expectations

1 day ago 2

Soumya Eswaran

Fri, May 22, 2026 astatine 8:27 AM CDT 3 min read

Carillon Tower Advisers, an concern absorption company, released its first-quarter 2026 capitalist missive for the “Carillon Eagle Growth & Income Fund”. A transcript of the missive is disposable to download here. The archetypal 4th of 2026 was volatile owed to marketplace shifts, including accrued geopolitical hazard and ostentation fears from rising vigor prices. The S&P declined 4.33%. Early successful the quarter, worth outperformed growth. Inflation worries impacted fiscal and tech sectors successful the quarter. Despite concerns, economical information and firm net stayed strong. Forward S&P 500 net are projected to summation 15% successful 2026, with the marketplace trading astatine a PE ratio beneath 20x for the archetypal clip since 2023. Forecasting the macroeconomy is challenging, but the Fund focuses connected financially beardown companies with coagulated net maturation that win successful the agelong word contempt macro issues. In addition, delight cheque the Fund’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Carillon Eagle Growth & Income Fund highlighted stocks similar International Business Machines Corporation (NYSE:IBM). International Business Machines Corporation (NYSE:IBM) is simply a starring exertion institution offering integrated solutions and services. On May 21, 2026, International Business Machines Corporation (NYSE:IBM) closed astatine $252.97 per share. One-month instrumentality of International Business Machines Corporation (NYSE:IBM) was 9.05%, and its shares mislaid 2.19% implicit the past 52 weeks. International Business Machines Corporation (NYSE:IBM) has a marketplace capitalization of $237.76 billion.

Carillon Eagle Growth & Income Fund stated the pursuing regarding International Business Machines Corporation (NYSE:IBM) successful its Q1 2026 capitalist letter:

"International Business Machines Corporation (NYSE:IBM) shares pulled backmost arsenic a effect of weaker than expected quarterly earnings. Revenue maturation successful the cardinal bundle concern did not conscionable elevated expectations. We judge that IBM is cardinal successful the AI marketplace, with bully prospects for accordant maturation implicit the adjacent respective years."

RBC Capital Markets Lowers IBM PT portion Keeping Bullish Rating

International Business Machines Corporation (NYSE:IBM) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 63 hedge money portfolios held International Business Machines Corporation (NYSE:IBM) astatine the extremity of the 4th quarter, compared to 66 successful the erstwhile quarter. While we admit the imaginable of International Business Machines Corporation (NYSE:IBM) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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