How IBM Soared 13% While Markets Sank in Q1 2025
IBM's stock defied market trends with a 13% gain in Q1 2025. Here's how Big Blue pulled off this impressive feat while the S&P 500 struggled.

Shares of International Business Machines (NYSE: IBM) rose 13% in the first quarter of 2025, according to data from S&P Global Market Intelligence. The tech veteran's stock has taken a modest hit amid the tariff drama of early April, but remains well ahead of the S&P 500 (SNPINDEX: ^GSPC) market index on a year-to-date basis.
IBM's chart diverged from the broader market twice in the first quarter.
First, Big Blue reported fantastic fourth-quarter results on Jan. 29. Bottom-line earnings of $3.92 per share beat Wall Street's consensus estimates by $0.12. CEO Arvind Krishna highlighted strong growth in the Red Hat segment, alongside game-changing client interest in the WatsonX generative artificial intelligence (AI) platform.