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IBM Stock Had a Good 2025. It’s This Analyst’s Top Pick for 2026.

If it hits $360, that means it's time to exit my position.

https://www.barrons.com/articles/ibm-stock-price-top-pick-2026-35af20b3

By: Mackenzie Tatananni
Updated Jan 08, 2026, 2:59 pm EST / Original Jan 08, 2026, 2:15 pm EST

Skeptics may argue that International Business Machines has lost the clout it had decades ago, but one analyst is doubling down on his bullish bet on the stock heading into the new year.

Much of the negative noise surrounding IBM appears to be unfounded, according to Oppenheimer analyst Param Singh, who has chosen IBM as one of his top picks for 2026. He rates the stock at Outperform with a $360 price target.

IBM stock was 2.1% higher at $303.04 on Thursday as the Nasdaq Composite traded in the red. Singh’s price target suggests the stock can rise another 19%.

Attitudes on the stock are indubitably mixed. Of 22 analysts polled by FactSet, 11 rate IBM at Buy, while seven rate it at Hold, and four at Sell. So why the vote of confidence?

“Bears have the estimates wrong, making expectations low into the print,” Singh said, referring to IBM’s fourth-quarter earnings report due later this month. He believes IBM can deliver durable growth by consistently raising prices, and described its portfolio of software as “sticky,” meaning clients repeatedly return to the products even though alternatives exist.

IBM has been winning bigger contracts because it has more products and services to offer, largely driven by acquisitions and the rollout of new mainframe computers. Last year, it paid $6.4 billion for HashiCorp, a provider of infrastructure and security tools, and has had early success integrating those offerings into its portfolio.

Taken together, these factors could boost overall revenue by 6% and software revenue by 9% in 2026, Singh said. His call for revenue growth is double the consensus forecast on Wall Street and nearly double the call for growth in software revenue.

“We believe IBM will positively surprise the bears on its earnings through the year, driving upside to the stock,” Singh said.

That comes after a decent run in 2025, a year dominated by the conversation around artificial intelligence. Shares rose 35% last year, behind a 39% gain for AI heavyweight Nvidia but ahead of a 20% gain for the Nasdaq.

There already are signs 2026 will be a good year. Despite recent chatter, Oppenheimer’s checks show little to no customer attrition, even as IBM passes along a 6% price hike to customers renewing enterprise license agreements.

And then there is IBM’s consulting division, which has become a significant contributor to revenue. Singh and the Oppenheimer team see little evidence of a pullback on spending, although software is expected to continue to grow more rapidly

Software revenue is expected to achieve sustained, double-digit percentage growth as opposed to “low-single-digits” for IBM’s consulting arm, Oppenheimer said.

Barron’s wrote favorably on IBM for a different reason in December: the company’s burgeoning quantum-computing division. Big Blue was an early entrant in the space, and aims to release a fault-tolerant quantum supercomputer by the end of the decade. That would be an industry first.


How would you integrate SAS with Open Source?

Several posts have criticized SAS leadership for not embracing Open Source. Successful companies such as Confluent and DataBricks have used Open Source as their foundation, and added their value on top.

But if SAS had taken that approach, its foundation would no longer be SAS data management and analytics — the core of the company’s revenues.

SAS thus faces the Innovator’s Dilemma. It seems to me that SAS leadership is not against the idea of Open Source in principle, but simply sees no way to embrace it without losing revenue.

Is there a way? How would you integrate SAS with Open Source?


Viya CAN Run at least 80% of SAS9 code …

… prove me wrong!

SAS Viya IS SAS — it has a Compute Server that runs traditional Datastep, PROCs, the Macro facility, etc. This being the case, most SAS customers CAN run their SAS9 code successfully in Viya.

So, why all the Viya hate here? SAS is strongly on the side of making Viya succeed!


MSFT

Company: Microsoft
Source: Business Insider

They got laid off from the Microsoft country club and dumped into a brutal job market
Summary: Business Insider profiles several former Microsoft employees who say thousands of cuts over the past year shattered their sense of job security. Microsoft said most cuts aimed to streamline operations and reduce management layers.
City: Seattle
State: Washington
https://www.businessinsider.com/microsoft-layoffs-workers-say-job-security-dead-2025-11


IBM to Cut Thousands of Roles in Focus on Software Growth

https://www.bloomberg.com/news/articles/2025-11-04/ibm-to-cut-thousands-of-roles-in-focus-on-software-growth

By: Brody Ford
November 4, 2025 at 12:31 PM CST

International Business Machines Corp. will cut thousands of workers this quarter while it continues to shift the focus of its business to higher-growth software and services.

“We routinely review our workforce through this lens and at times rebalance accordingly,” a company spokesperson said. “In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce.”

IBM shares have climbed this year on investor enthusiasm for the software business, which is fueled by acquired divisions Red Hat and HashiCorp. Chief Executive Officer Arvind Krishna has pushed the unit to become IBM’s largest business, especially as the consulting division has been buffeted in recent years by customer concerns about the overall economy.

The company employed about 270,000 workers as of the end of 2024. Some US workers may be affected by the job reductions, but employment in the country is anticipated to remain roughly the same year over year, the spokesperson said.


Java UI Guy

Gonna feed the troll, but...

To the guy that keeps posting on everything about the Java UI being the root cause of Xerox's decline...would you care to elaborate more than just a vomit emoji? I think you might have some really deep insights that could really turn this company around.


Accrued Vacation Hours Payout

I was wondering if anyone who joined Oracle before 2018 and were on the accrued vacation hours system before the switch to Flex PTO, is aware that Oracle deducts accrued vacation hours each year during the company-wide Winter Break.

What this means is over time, any vacation hours saved up before 2018 would eventually go down to zero — and employees leaving the company now wouldn’t receive a payout for those previously accrued hours.

For those who joined after 2018, their Winter Breaks are fully covered without any deduction (because there's nothing to deduct). I’m curious if others have noticed the same.


SAP is the new Coupa

Hilarious to see how every og Coupa product leader is now at SAP with new shiny title better than those they had at Coupa, must burn a little inside for those ex-Sappers who pushed them out so they could make room for their friends...

Say what you will about the old product leaders one thing that cannot be argued is that they actually know how to build products, same cannot be said about these ex-sappers


Management Liars

So, originally I was told last month that some employees would be able to keep their Microsoft licenses due to work necessities, now I’m hearing that’s not the case.

I’m tired of all the lies, and the total chaos that this Microsoft to Google conversion will bring.

When management tells you one thing, just assume the opposite is true.

Total dumpster fire.


The Customer

In every company that I have ever worked for, my focus has always been advocating for the customer, whether that be in new product development, maintenance of existing products, resolving issues that are encountered, or being available when the customer needed help.

I have had the pleasure/joy over my career of having worked at companies that had this same value set. It was vital that the customer knew that he could trust us to do him right

While at F5, I continued the value set of advocating for the customer, however I soon learned that this was not the value set of F5. I continually encountered strong resistance. Premature release of software, software that was buggy and customer sub cases that were ignored to name a few.

Since my RIF, I have interviewed with many companies and to date haven’t found one that places the customer first. It’s about stock price and revenue. And after F5, I choose not to work in that type of environment again.


Kaseya is cutting 200 jobs

Miami-based software firm Kaseya, whose name dots the Heat’s county-owned basketball arena and which received government incentives for creating jobs, has eliminated about 200 positions.

About 50 of them were based in Miami, Xavier Gonzalez, chief communications officer, told the Miami Herald on Wednesday.

https://www.miamiherald.com/news/business/article312607893.html


FISERV acquiring Q2 rumors? What are you hearing?

I’ve heard that FISERV may be in discussions to acquire us by early 2026. This isn’t entirely surprising given that our platform’s design and user experience feel outdated. Additionally, client support has been declining—particularly with offshore teams struggling to understand use cases, which often leads to delays while clarifying issues.


More layoffs at Unity

Many will recall the shocking dismissal of Unity's entire Behavior team, and now, in yet another round, it has come to light that Ben Cloward, a respected and well-known figure in the community, is among those affected.

https://80.lv/articles/veteran-developer-ben-cloward-impacted-by-unity-layoffs


Amid IT layoffs, Noida-based firm adds 3,489 employees in Q2 FY26

HCL Technologies announced its Q2 FY26 results today, showing a clear divergence from the broader IT industry trend of job cuts. While peers such as Tata Consultancy Services (TCS) trimmed their workforce significantly, HCL Tech continued to expand its employee base, supported by strong fresher hiring and improved retention.

https://www.zeebiz.com/companies/news-hcl-tech-headcount-amid-layoffs-it-firm-adds-3489-employees-in-q2-fy26-attriation-rate-at-126-per-cent-380861


Should I Take a Job?

I am interviewing at Sophos right now and its looking very promising. But I am FEARFUL of starting and being laid off in less than a year..its a new position they created after the acquisition, but idk if its worth it.


NTS

Some questions about NewTown Square

Do colleagues still go into the office?
What is the vibe/scene like?
Are customer events still taking place?

Is Cafeteria still very good?

I haven't been there since leaving in 2019 and was curious about the campus.
Always remembered very friendly front desk staff and security guards

Wishing everyone the best