What kind of Accounting is Krabanaugh doing?
Does anyone normal think it's worth over 300 a share? I would not be surprised if he is cooking the books. Remember he said the quiet part out loud when he said he wanted to reach 300 at a F&O All hands earlier this year.
And if IBM is really valued that much, why all the RAs?
The stock price is finding its stride now. Running downhill.
just look at Goodwil that IBM is reporting and you'll know immediately what's going on
This is nothing more than IBM reacting to flat (after inflation) revenue growth.
So what’s a CFO to do when revenue is flat? You got it lower costs.
Remember for every 8k of first world employees that get RA’ed and replaced with 3rd world commodity labor, IBM drops 650 million to the bottom line without reducing head count. (8k of first world employees cost approx 1 billion. 8k of 3rd world employees cost approx 350 million)
Does that practice make FCF grow? You bet it does
Now add it the practice of buying innovation vs developing it yourself, and you can RA all of the first world developers until your FCF looks great thus driving the stock price.
These practices look great in the short term, but tend to be the death knell of mature companies.
IBM cooking the books is not breaking news. It's how they've survived the past 20+ years -- pure unadulterated fluff presented as authoritative data. Wall Street analysts are being duped or bribed. The stock price is elevated just to give insiders a chance to sell at huge profits at the expense of IBM employees.
The stock will go to $325 before year end. After that who knows, especially if RT becomes CEO.
IBM is the person who brags he has VHS when DVDs took over
@at IBM Quantum Blockchain will be outdated and irrelevant from the day they announce it's availabilitiy...guess Alvind didn't see it coming.
Because IBM will soon have Quantum Blockchain, which will simultaneously be all possible blockchains everywhere.
The dividend rate is sky high + stock buybacks
IBM shouldn’t be anywhere near $300 a share. The market is pricing hype, not performance. Years of flat revenue, shrinking relevance, and bloated, debt-loaded acquisitions don’t magically become “innovation” because leadership says the word AI 40 times on an earnings call. Before chasing a premium valuation, IBM needs consistent growth, modernized leadership, and real execution — not stock-price fantasies that ignore the company’s actual fundamentals.
Because it's not valued that much. It's only up because of the fake AI scam. Once they realize IBM has nothing to sell, the stock and company will crash.
Several contiguous presidencies faked their "collaterals" by letting so-called 'tech' companies defraud shareholders while media played along with false economics, hoping to kick the can down the road for their offspring or later presidencies https://techrights.org/n/2025/11/10/Ponzi_Economics_and_the_Media_s_Role_in_Defending_Ponzi_Economi.shtml https://techrights.org/n/2025/11/11/With_Net_Income_of_One_Billion_Dollars_Tesla_Claims_It_Can_Pay_.shtml