Published: November 7, 2025
Summary
- Close: IBM finished down 1.93% at $306.38 after trading between $302.63 and $310.00; prior close was $312.42. The 52‑week range stands at $204.07–$319.35. [1]
- Market context: Mid‑session, IBM was among the biggest drags on the Dow Jones Industrial Average, which fell as broader tech weakness weighed on sentiment. [2]
- Company news (Nov 6–7): IBM advanced to Stage B in DARPA’s Quantum Benchmarking Initiative, and local reporting highlighted a back‑office integration of Red Hat into IBM beginning next year. [3]
- Workforce moves: Regional filings underscored 75 planned layoffs in San Jose as part of a broader, previously announced workforce rebalance. [4]
IBM stock price today — Friday, Nov. 7, 2025
International Business Machines (NYSE: IBM) closed at $306.38, down 1.93%, with an intraday range of $302.63–$310.00. Thursday’s close was $312.42. IBM’s 52‑week range is $204.07–$319.35. As of the close, market cap was about $292B and the forward dividend yield stood near 2.15%, based on Reuters’ consolidated tape. [5]
What moved IBM shares today
- Broader risk‑off tone in tech: U.S. stocks stumbled again, with concerns over lofty tech valuations and the durability of AI profits putting pressure on the sector. Major indexes posted another down day, setting up one of the worst weeks since March. [6]
- Price‑weighted drag on the Dow: During the afternoon, Nike and IBM were cited as leading contributors to the Dow’s decline, reflecting the outsized impact that higher‑priced components have in the index’s mechanics. [7]
News roundup (Nov. 6–7, 2025)
IBM advances in DARPA’s Quantum Benchmarking Initiative (Nov. 6)
IBM announced it has been selected for Stage B—the second of three stages—of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative. The program aims to rigorously validate pathways to a fault‑tolerant quantum computer by 2033, with independent verification and validation. IBM also highlighted exploratory work with SEEQC on scaling quantum control systems. Strategically, the nod bolsters IBM’s credibility in quantum while the company pursues enterprise AI and hybrid‑cloud growth. [8]
Red Hat back‑office functions to shift into IBM (reported Nov. 7)
Local coverage in the Raleigh‑Durham area noted that Red Hat’s back‑office teams (including finance, HR, legal and accounting) will be shifted into IBM beginning in early 2026, a move closely watched given Red Hat’s centrality to IBM’s hybrid‑cloud strategy. The core product and engineering identity of Red Hat remains a focal point for customers and open‑source stakeholders. [9]
Regional filings detail Bay Area job cuts (Nov. 6)
The San Francisco Chronicle reported IBM’s plan to lay off 75 employees in South San Jose in early 2026 as part of a broader global workforce adjustment that IBM has framed as a routine “rebalance” amid its pivot to AI and software. While localized, the filing adds color to the company‑wide actions flagged earlier this week. [10]
Why these headlines matter to the stock
- Quantum credibility, long timeline: DARPA’s Stage B selection is validation of IBM’s roadmap in quantum computing, but investors should view it as a long‑duration catalyst, with commercialization still on a multi‑year horizon. In the near term, it supports IBM’s narrative around differentiated R&D moats. [11]
- Execution and integration watch: The Red Hat back‑office consolidation can yield efficiency gains and simplify operations inside IBM’s software stack, but it will be monitored for cultural impact and any knock‑on effects to hybrid‑cloud growth, which has been a focal point for the equity story. [12]
- Macro still in the driver’s seat: Today’s slide largely tracked market‑wide tech weakness and Dow mechanics, rather than a single IBM‑specific negative catalyst. [13]
Quick technical & valuation snapshot (end of day)
- Close: $306.38 (‑1.93%)
- Day range: $302.63–$310.00
- Prior close: $312.42
- 52‑week range: $204.07–$319.35
- Market cap: ~$292B
- Dividend yield: ~2.15%
All figures as compiled by Reuters’ markets page for IBM. [14]
Bottom line
IBM ended the day lower alongside broader tech, even as the company logged a noteworthy quantum‑computing milestone and prepared for further operational integration with Red Hat. For investors tracking the November tape, those company‑specific developments provide medium‑to‑long‑term narrative support, while near‑term price action continues to be dictated by macro risk sentiment and index dynamics. [15]
Sources (Nov. 6–7, 2025)
- IBM Newsroom: IBM Advances to Next Phase of DARPA Quantum Benchmarking Initiative (Nov. 6, 2025). [16]
- PR Newswire: IBM Advances to Next Phase of DARPA Quantum Benchmarking Initiative (Nov. 7, 2025). [17]
- Reuters Markets Page for IBM (end‑of‑day price, range, market cap, yield). [18]
- MarketWatch intraday: Nike, IBM share losses lead Dow’s 162‑point fall (Nov. 7, 2025). [19]
- Reuters markets wrap (Nov. 7, 2025). [20]
- The News & Observer/Herald‑Sun: IBM moves Red Hat back‑office workers into parent company (Nov. 7, 2025). [21]
- San Francisco Chronicle: IBM cutting thousands of jobs worldwide, dozens in Bay Area (Nov. 6, 2025). [22]
Disclosure: This article is for informational purposes only and does not constitute investment advice.
References
1. www.reuters.com, 2. www.marketwatch.com, 3. newsroom.ibm.com, 4. www.sfchronicle.com, 5. www.reuters.com, 6. www.reuters.com, 7. www.marketwatch.com, 8. newsroom.ibm.com, 9. www.heraldsun.com, 10. www.sfchronicle.com, 11. newsroom.ibm.com, 12. www.heraldsun.com, 13. www.marketwatch.com, 14. www.reuters.com, 15. newsroom.ibm.com, 16. newsroom.ibm.com, 17. www.prnewswire.com, 18. www.reuters.com, 19. www.marketwatch.com, 20. www.reuters.com, 21. www.heraldsun.com, 22. www.sfchronicle.com
