Quartz·1 min read·medium
IBM slashed its full-year outlook — but less than investors feared, and the stock bounced
✦AI Summary
IBM lowered its full-year revenue growth forecast for 2026 from over 5% to a range of 4% to 5%. Despite the downward revision, the company's stock price increased as the news was better than investors had anticipated.
The company now expects constant-currency revenue growth of 4% to 5% for 2026, down from a prior forecast of over 5%
businesstechnology
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