BofA Reaffirms Buy on IBM Stock Amid Agentic AI Expansion

2 hours ago 1

Sheryar Siddiq

Tue, March 24, 2026 astatine 6:27 AM CDT 2 min read

International Business Machines Corporation (NYSE:IBM) ranks among the best astir progressive stocks to bargain close now. Following a treatment with Arvind Krishna, CEO of International Business Machines Corporation (NYSE:IBM), BofA Securities reiterated a Buy standing and a $340 terms nonsubjective for the company’s shares connected March 10. The steadfast invited Krishna arsenic portion of its “View from the Top” CEO telephone series, and BofA expert Wamsi Mohan stated that the treatment underlined IBM’s portfolio posture for agentic AI technology.

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Krishna stated that systems of record, including databases and assorted different bundle components, whitethorn acquisition faster enlargement arsenic AI agents necessitate entree to infrastructure. He emphasized the value of coagulated instrumentality connected concern grounds successful the coming 2 years to warrant superior investments successful AI infrastructure.

In a abstracted vein, International Business Machines Corporation (NYSE:IBM) revealed a five-year concern with Lam Research Corp. to probe techniques and materials for sub-1nm logic scaling. This collaboration aims to accelerate IBM’s logic scaling program by focusing connected caller materials and high-NA EUV lithography.

International Business Machines Corporation (NYSE:IBM), unneurotic with its subsidiaries, provides integrated solutions and services successful the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates done Software, Consulting, Infrastructure, and Financing segments.

While we admit the imaginable of IBM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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