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IBM Stock's Historic Selloff: Buy the Dip Ahead of Q2 Earnings, or Is It Too Risky?

IBM
Corporate EarningsAnalyst InsightsCorporate Guidance & OutlookCompany Fundamentals

IBM shares fell 25% after issuing a preliminary Q2 earnings warning ahead of its scheduled quarterly report on Wednesday, July 22. The stock move implies a significant earnings/guidance downside risk that is likely to affect near-term sentiment and positioning until the full results are released.

Analysis

IBM shares fell 25% after issuing a preliminary Q2 earnings warning ahead of its scheduled quarterly report on Wednesday, July 22. The stock move implies a significant earnings/guidance downside risk that is likely to affect near-term sentiment and positioning until the full results are released.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.75

Ticker Sentiment

IBM-0.85