IBM Stock Soars 28%: AI & Cloud Breakthroughs Fuel Historic Rally
Stock Performance & Recent Moves IBM’s stock has been on a tear in fall 2025. After bottoming near $210 last August, it has rallied into the high $270s–$280s. For example, it closed around $279 on Oct. 13, just shy of its late-September peak (~$296) ts2.tech. This roughly 28% YTD gain greatly outstrips the S&P 500’s YTD rise ts2.tech. In mid-October the stock pushed higher on news flow: after closing around $276 on Oct. 13, it closed $281.28 (+1.9%) on Oct. 17 stockanalysis.com. Trading volume has ticked up with the rally, as investors cheer IBM’s tech pivot. Investors credit IBM’s recent