IBM's outlook sees positive reactions from analysts after Q2 results

Seeking Alpha ·

Analysts maintained their positive views on IBM ( IBM ) after providing better-than-expected guidance following preliminary second quarter results last week that resulted in a stock drop of about 25%. Shares of IBM dipped about 2% premarket on Thursday.

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IBM shares plummeted about 25% in the wake of its preliminary Q2 earnings release, but market analysts maintain their support for the positive guidance provided afterward. In pre-market trading on Thursday, IBM shares saw an additional decline of about 2%. Amid short-term stock volatility, investors are focusing on the company's potential for future earnings improvement and the reliability of management's guidance.

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