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Experts on Wall Street change their predictions for IBM before the company shares its Q3 earnings.

OpinionRead the original at Benzinga
Neutral

IBM's forecasts show higher per-share profit and sales than last year, and its Siemens research work could help chip development. But analysts' ratings and price target changes are mixed, and IBM has not reported the quarter, so the story does not clearly change its outlook.

IBM · International Business Machines Corporation

AI read · Neutral

The AI's read

The forecasts point to higher per-share profit and sales than a year earlier. IBM's Siemens research work could help its chip development, but the story reports no results from that work. Analysts also disagree, and IBM has not reported the quarter, so the story does not show a clear change for the company.

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