The company has gained about 2.35% year-to-date, outperforming the broader market. It announced a preliminary Q4 2025 earnings release date of January 28, after previously beating estimates. The company is benefiting from demand for integrated solutions and multi-cloud adoption amid supply-chain challenges. It recently launched IBM Sovereign Core, an AI-ready sovereign software platform for enterprises and governments to build controlled environments, addressing regulatory and governance needs. Analysts note its 2026 guidance may reflect steadier enterprise demand.