IBM stock has fallen over 22% so far in 2026, yet Truist Securities analyst Arvind Ramnani rates it as 'Hold' with a 12-month price target of $240, implying a 6.37% upside from current levels. The optimism is based on IBM's strong positions in key areas like IBM Z systems, watsonx Orchestrate, Red Hat, and consulting services. However, risks remain due to operational challenges and uncertain timing for AI infrastructure spending to translate into demand. Overall, Wall Street consensus suggests a moderate 11% price increase over the next year despite recent declines and market volatility.
IBM stock's Wall Street outlook includes a 12-month price target of $240, implying a 6.37% upside from current levels. For readers following technology stocks, here is Pluang's market snapshot as of Oct 09, 2026 21:51 WIB: out of 150 priced US technology stocks tradable on Pluang, 102 rose and 46 fell today. Notable movers include FSLY (Fastly Inc) with a 13.25% increase and 100% sell order activity, SWKS (Skyworks Solutions Inc) down 6.98% with 100% buy order activity, and RBLX (Roblox Corp) up 6.92% with 85% sell order activity and a typical hold time of 93 days.
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
In 2026, Bitcoin has experienced 10 unusually large daily price moves of at least three standard deviations through October 9, surpassing the eight such moves recorded during the entire 2018 bear market. This is notable because overall annualized vol...
In 2026, Bitcoin's average annualized volatility has decreased to 40-47%, much lower than historical levels above 80%, suggesting calmer daily price movements. However, extreme price jumps—sudden large swings—have increased by 71% compared to 2018, i...
Hyperliquid will perform a network upgrade on October 10 at 4:15 a.m. ET, expected to last about 10 minutes. During this time, trading and on-chain activities may be temporarily interrupted. The maintenance is planned for early Saturday morning in th...
On October 9, Bitcoin spot ETFs attracted $21.13 million in net inflows, led by IBIT with $22.38 million, while Ether spot ETFs experienced $56.10 million in net outflows, marking nine straight sessions of decline. This divergence occurs amid ongoing...
