Stifel Nicolaus Updates International Business Machines (IBM) Price Target Ahead Of Earnings

1 week ago 10

Jabran Kundi

Tue, April 14, 2026 astatine 10:56 AM CDT 2 min read

International Business Machines Corporation (NYSE:IBM) is 1 of the 10 Companies That Partnered With Nvidia successful 2026. On April 8, David Grossman from Stifel Nicolaus reduced the firm’s terms people connected International Business Machines Corporation (NYSE:IBM) from $340 to $290 portion maintaining a Buy standing connected the stock. The firm’s downward-adjusted terms people implies an further 26% upside from the existent levels. Ahead of the company’s first-quarter net report, the steadfast updated its 2026 estimates to relationship for imaginable challenges from the Gulf conflict, which could interaction bundle and services growth. The revisions besides see the earlier-than-expected closing of the Confluent acquisition.

International Business Machines Corporation (NYSE:IBM) and NVIDIA had announced an expanded concern astatine GTC 2026 connected March 16 aimed astatine helping enterprises standard AI crossed their operations. The concern focuses connected GPU-native information analytics, unreality & on-premises deployments, intelligent papers processing, and regulated infrastructure, enabling companies to determination AI from aviator projects to afloat production.

A proof-of-concept with Nestle demonstrated the interaction of GPU-accelerated IBM watsonx.data. Query times were reduced from 15 minutes to conscionable 3 minutes. This resulted successful 83% cost-savings and a 30x betterment successful price-performance.

Arvind Krishna, Chairman and CEO, International Business Machines Corporation (NYSE:IBM), said:

"In the adjacent question of endeavor AI, the exemplary furniture volition trust connected the data, infrastructure, and orchestration layers – and connected businesses that tin bring each 3 together. Our concern with NVIDIA goes to the bosom of that challenge. Together, we’re giving enterprises the solutions they request to halt experimenting with AI and commencement moving connected it."

International Business Machines Corporation (NYSE:IBM) operates arsenic an integrated solutions and services supplier crossed Asia-Pacific, the Americas, the Middle East, Europe, and Africa. The institution operates successful the Infrastructure, Software, Financing, and Consulting segments.

While we admit the imaginable of 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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