IBM's Trading Volume Surges 35.38% to $1.275 Billion, Securing 66th Spot in Daily Rankings

On July 18, 2025, IBM's trading volume reached $1.275 billion, marking a 35.38% increase from the previous day. This surge placed IBM at the 66th position in terms of trading volume for the day. IBM's stock price rose by 1.37%, marking the second consecutive day of gains, with a total increase of 1.40% over the past two days.

Morgan Stanley has maintained its "Equal Weight" rating on IBM but has increased its price target to $253 per share from $233. This adjustment comes ahead of IBM's upcoming earnings report, which is scheduled to be released on July 23, 2025. The company is expected to report earnings per share (EPS) of $2.64, reflecting an 8.64% year-over-year growth.

Analysts have also revised their price targets for IBM shares in anticipation of the earnings report. The average price target stands at $263.70, although IBM's stock is currently trading above this level. This positive outlook suggests that investors are optimistic about IBM's future performance, despite the cautious stance taken by some analysts on Wall Street.