IBM Stock Receives Buy Rating Despite Worst Year Since 2002

IBM stock received a buy rating from Citi despite experiencing its worst year since 2002. Analysts see IBM as a potential AI survivor and enabler.

IBM's (IBM) stock has been plagued by a dismal performance in 2026, its worst year since 2002. However, analysts at Citi have provided a spark of hope with a 'buy' rating for the company.

According to Citi analyst Boolani, IBM is well-positioned to thrive in the AI landscape, serving as a crucial 'AI survivor' and enabler. While this outlook provides some relief, investors are still grappling with the company's struggling stock price.

It's essential for investors to understand the significance of IBM's AI prospects, which offer a glimmer of hope for the company's revival. Analysts are cautiously optimistic about IBM's potential for growth, despite the current market challenges