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

Generated by AI AgentAinvest Volume Radar
Friday, Jul 18, 2025 7:35 pm ET1min read
Aime RobotAime Summary

- IBM's trading volume surged 35.38% to $1.275 billion on July 18, 2025, ranking 66th, with a 1.37% stock price rise for two consecutive days.

- Morgan Stanley raised IBM's price target to $253 from $233, anticipating strong Q2 earnings of $2.64 per share (8.64% YoY growth).

- Analysts' average $263.70 price target is below IBM's current stock price, reflecting optimism despite cautious Wall Street views.

On July 18, 2025, IBM's trading volume reached $1.275 billion, marking a 35.38% increase from the previous day. This surge placed

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.

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