IBM Stock Preview for Dec. 22, 2025: Confluent Deal, Analyst Targets, Dividend Outlook, and Key Catalysts Before the Opening Bell
IBM closed at $300.98 ahead of the Dec. 22 open, after announcing an $11 billion all-cash deal to acquire Confluent at $31 per share. Confluent’s major shareholders, holding 62% of voting power, agreed to support the transaction. IBM shares traded near the midpoint of their 52-week range as investors weighed the acquisition and holiday-thinned volumes.