Forecast Of The Day: IBM Infrastructure Revenues

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International Business Machines


IBM’s (NYSE:IBM) Infrastructure Revenues fell from $15.8 billion in 2019 to $14.2 billion in 2021. Trefis expects the metric to rebound to close to $16 billion by 2024.


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We expect growth to be driven partly by the recent launch of the new Z16 mainframe systems.

So What?

We remain neutral on IBM stock with a $145 price estimate.

See our complete analysis for IBM

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

 Returns Jan 2023
MTD [1]
YTD [1]
Total [2]
 IBM Return 1% 1% -14%
 S&P 500 Return 0% 0% 72%
 Trefis Multi-Strategy Portfolio 2% 2% 221%

[1] Month-to-date and year-to-date as of 1/5/2023
[2] Cumulative total returns since the end of 2016

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