Where Will IBM Be in 5 Years?
The International Business Machines (NYSE: IBM) you see today is very different from the Big Blue of yesteryear. The company moved from an all-you-can-eat technology buffet to a software-and-services expert with a heavy dose of artificial intelligence (AI) -- just in time for the ongoing AI boom.
And IBM will keep changing from here. Let's check out the plans this technology veteran has for the next five years.
You already know all about IBM's long history in AI research. For example, the company still highlights the Big Blue chess computer's 1997 victory over human world champion Garry Kasparov on its investor relations site. That was an early example of AI beating humans in a complex task, using a supercomputer with number-crunching powers comparable to a 2011-era smartphone.
Source Fool.com
International Business Machines Corp Stock
We see a rather positive sentiment for International Business Machines Corp with 17 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 183 € is below the current price of 186.2 € for International Business Machines Corp, so the potential is actually -1.72%.
