IBM Stock Soars on AI, Cloud and Quantum Momentum
IBM shares rose about 30% in 2025, closing at $287.57 on Oct. 22 before dropping 6.5% after hours following Q3 earnings. The company reported $16.33 billion in revenue, up 9% year-over-year, and adjusted EPS of $2.65, topping forecasts. AI and mainframe sales surged, with the IBM Z mainframe up 61%. IBM raised its full-year revenue outlook to over 5% growth.