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IBM shares fall 16% since June but no fundamental issues seen, potential for value growth remains.

Market News
29 Sep 2026
Seeking Alpha
View Source
Neutral
IBM shares fall 16% since June but no fundamental issues seen, potential for value growth remains.

IBM's stock has dropped about 16% since mid-June, significantly underperforming the market. Despite this decline, there are no structural problems identified with the company. Strong institutional demand and undervaluation suggest that IBM could see multiple expansions in its stock value. The analyst maintains an unchanged positive rating based on IBM's relative value, institutional support, and stable fundamentals.

IBM's stock has dropped about 16% since mid-June, providing context for this market snapshot. For readers following US technology stocks, here is Pluang's market data as of Sep 29, 2026 12:21 WIB: out of 150 priced Technology-sector US stocks tradable on Pluang, 19 rose and 129 fell today. Notable movers include CDW Corp. at USD 130.20 with a 1-day change of -3.86%, Braze Inc at USD 23.43 with a 1-day change of -3.86% and Pluang order activity showing 28% Sell / 72% Buy, and Five9 Inc at USD 34.46 with a 1-day change of -3.66% and a typical hold time on Pluang of 71 days.

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