International Business Machines (NYSE:IBM) is likely to highlight its AI business segments, recent product launches and a new acquisition when the company reports its first-quarter financial results after the market close Wednesday.

Here are the analyst estimates, analyst commentary and key items to watch ahead of the results.

Earnings Estimates: Analysts expect IBM to report first-quarter revenue of $14.40 billion, down from $14.46 billion in last year’s first quarter, according to data from Benzinga Pro.

The company beat analyst revenue estimates in the fourth quarter and has beaten estimates in six of the last 10 quarters.

Analysts expect IBM to report first-quarter earnings per share of $1.40, down from $1.68 in last year’s first quarter. The company has beaten analyst estimates for earnings per share in eight straight quarters and nine of the last 10 quarters overall.

Read Also: IBM Posts Q4 Earnings Beat, Shifts Focus To Software As Analysts Raise Forecasts

What Experts Are Saying: Wedbush analyst Daniel Ives recently highlighted IBM as a company that could benefit from enterprise AI spending in 2025.

The analyst said IBM’s cloud penetration has been successful and could represent a monetization opportunity for the company. IBM was added to the Wedbush Best Ideas List in March.

In February, Oppenheimer analyst Param Singh initiated coverage on IBM with an Outperform rating and a $320 price target.

The analyst said IBM can sustain double-digit revenue growth in its software business thanks to Red Hat. Singh said Red Hat has broadened its product offerings and could see high-teen to 20% growth.

Singh also highlighted IBM’s potential in AI applications, such as generative AI, for future growth opportunities.

Stephanie Link of Hightower Advisors highlighted IBM as a company in the software and services segment with recurring revenue and minimal exposure to global shocks given the current trade war climate.

Link highlighted IBM’s low 1% exposure to reciprocal tariffs, compared to 43% for Apple and also said IBM’s aggressive acquisition pace in areas like AI and cloud could help power future growth.

Key Items to Watch: Artificial intelligence is likely to be a key topic when IBM reports its first-quarter results.

Analysts and investors will also be looking to hear more about the company’s exposure to countries that are facing reciprocal tariffs from Donald Trump’s administration.

IBM’s consulting and infrastructure segments saw a weak fourth quarter with revenue down year-over-year for both segments. Analysts and investors could be looking to see if these segments rebound in the first quarter.

Since the end of the fourth quarter, IBM has announced new products like the IBM z17, which blends AI features across software and hardware.

The z17 can address AI workloads and real-time processing needs for IBM customers. The product launches in June 2025.

IBM also announced it broadened its cloud offerings in Canada, which is part of a strategy to boost North American growth through AI-powered solutions.

“With our latest advancements in Canada, we are extending IBM’s enterprise cloud platform and sovereign cloud capabilities to Canadian organizations in these sectors, helping them to address their local regulatory requirements, keeping data secured and maintain it in country,” said GM for IBM Cloud Product & Industry Platforms, Rohit Badlaney.

IBM also recently announced it has acquired Hakkoda Inc, a deal that could enhance the company’s consulting business segment for data transformation services.

Price Action: IBM stock is up 3% to $248.10 on Wednesday versus a 52-week trading range of $162.62 to $266.45. IBM stock is up 12.8% year-to-date in 2025 and up over 36% in the last year.

Read Next:

• IBM Story Is Underappreciated, Goldman Sachs Says Stock Can Re-Rate Higher

Photo: Shutterstock

As of April 23, 2025, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here’s the latest list of major overbought players in this sector.

ThredUp Inc (NASDAQ:TDUP)

• ThredUp will release its financial results for the first quarter on Monday, May 5, after the close of the U.S. markets. The company’s stock jumped around 37% over the past month and has a 52-week high of $3.89.
• RSI Value: 83.2                                
• TDUP Price Action: Shares of ThredUp gained 15.3% to close at $3.85 on Tuesday.
• Edge Stock Ratings: 99.37 Momentum score with Value at 52.30.

Ammo Inc (NASDAQ:POWW)

• On April 18, AMMO completed the sale of ammunition manufacturing assets to Olin Winchester. “This transaction marks a defining moment in AMMO’s evolution,” said Christos Tsentas, Chair of the Board’s M&A Committee. “After a thorough strategic review and collaboration with our financial and legal advisors, we are confident this sale will unlock significant value and enable AMMO to accelerate growth as a pure-play e-commerce platform.” The company’s stock gained around 35% over the past five days and has a 52-week high of $2.86.
• RSI Value: 81.4
• POWW Price Action: Shares of Ammo rose 15.4% to close at $1.80 on Tuesday.

Don’t miss out on the full BZ Edge Rankings—compare all the key stocks now.

Read This Next:

• Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter

Photo via Shutterstock

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	199.41	6.95	3.61	88.2K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	192.57	6.41	3.44	8.6K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	127.60	2.97	2.38	3.7K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	92.63	2.15	2.37	4.2K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	48.05	0.89	1.88	451.2K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	41.13	0.71	1.75	54.6K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	82.57	1.18	1.44	114.8K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	78.94	0.94	1.20	19.2K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	136.69	1.63	1.20	18.6K
(NYSE:XLB)	Materials Select Sector SPDR	82.34	0.96	1.17	9.2K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	82.53	0.29	0.35	341.1K

No loser in today’s Pre-market session.

Pulled from Benzinga Pro data this sector movers alert provides traders with a compiled way to read macro-level market trends. Investors garner a particular interest in sector movers to better determine sectors that are over- or under-performing to make better investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

To read more about sector movers, click here.

Nvidia Corporation (NASDAQ:NVDA) shares have faced extreme selling pressure over the last three months, down nearly 30% as of Tuesday. Here’s what you need to know.

What To Know: Yesterday Huawei announced plans to begin shipping its advanced 910C AI chip to customers in China as soon as next month. Huawei said it combined two 910B processors into a single unit using advanced integration methods, resulting in performance comparable to Nvidia’s H100 chip.

Meanwhile, President Donald Trump‘s administration recently imposed licensing requirements on Nvidia’s H20 chips sold to China, as well as any chips with equivalent performance. In addition to export restrictions, the Trump administration has placed tariffs reaching 145% on imports from China. China has retaliated with tariffs of 125% on U.S. goods.

Trump has also voiced concern that further tariff escalation could strain the U.S.-China relationship.

Huawei’s new chip and added licensing requirements on certain chip sales to China may be fueling investor concerns about Nvidia’s ability to maintain its foothold in the Chinese market. Tariffs and a deteriorating trade relationship could further threaten demand for the company’s products in the region.

What Else: According to Wccftech, Nvidia is rumored to be partnering with Chinese artificial intelligence (AI) firm DeepSeek to develop custom chips tailored for the Chinese market.

The emergence of DeepSeek has prompted some investors to question the massive expenditures by American tech firms on AI development. DeepSeek claims it trained its R1 model for under $6 million, a stark contrast to the billions spent by U.S. companies.

Related Link: Here’s How Much $100 Invested In Marvell Tech 10 Years Ago Would Be Worth Today

NVDA Price Action: At the time of writing, Nvidia shares are trading 2.09% higher at $98.87, according to data from Benzinga Pro.

Image: via Shutterstock

Tesla Inc. (NASDAQ:TSLA) investors are hoping to get more answers on where things stand with FSD, new electric vehicle models and the impact of tariffs when the company reports its first-quarter financial results on Tuesday after the market close.

Here are the earnings estimates, what analysts and experts are saying and the key items to watch.

Earnings Estimates: Analysts expect Tesla to report first-quarter revenue of $21.35 billion, up from $21.30 billion in last year’s first quarter, according to data from Benzinga Pro.

Analysts expect the company to report first-quarter earnings per share of 41 cents, down from 45 cents in last year’s first quarter. The company beat earnings per share estimates in the fourth quarter.

Tesla has missed analyst estimates for earnings per share in five of the last six quarters and six of the last 10 quarters overall.

Read Also: Here’s How Many Vehicles Tesla Has Delivered, Produced In Each Quarter Since 2019

What Experts Are Saying: Tesla sales are falling, especially in Europe and CEO Elon Musk’s focus could be elsewhere, said Jay Woods, Freedom Capital Markets chief global strategist.

“Tesla remains one of the most volatile and discussed stocks in the world. Elon Musk’s political bent has made this stock a lightning rod of discussion,” Woods said in a weekly newsletter.

Woods wrote that Tesla stock made a full reversal since its “post-election rally” and is poised to move again. “This is not an ideal looking chart for the bulls as key levels of support have been breached, the near-term trend is lower and the long-term trend is a volatile mess.”

Woods said the key could be how Tesla’s numbers look and if any guidance is given.

“It is not an ideal risk/reward set-up going into the numbers,” he adds, while cautioning that the stock could fall to August 2024 lows around $180 if there is weakness.

Analysts have been lowering price targets on Tesla ahead of its first-quarter financial results, following the release of first-quarter deliveries that missed an analyst estimate of more than 377,000 units.

Wedbush analyst Daniel Ives, who is among the biggest bulls on Tesla, has been arguing that Musk should be focusing more time on Tesla.

RBC Capital analyst Tom Narayan maintained an Outperform rating on Tesla while lowering the price target from $440 to $320 in March. The analyst argued that demand fears could be overblown at the time, but also lowered pricing assumptions for FSD and the penetration rates of Robotaxis.

Cantor Fitzgerald’s Andres Sheppard was one of the lone Tesla analysts to upgrade the stock in recent months, moving it from Neutral to Overweight with a $425 price target last month.

The upgrade came after visiting Tesla’s Austin Gigafactory and the company’s AI data centers. Sheppard said Tesla’s stock had an attractive entry point at the time ahead of catalysts like the Robotaxi introduction, the rollout of Full Self-Driving, a lower-priced vehicle and Optimus Bot production.

While Sheppard upgraded Tesla stock, he called for a “mild” first quarter for the company, seeing demand weakness and negative sentiment surrounding Musk’s political stance.

Here are other recent Tesla analyst ratings and price targets.

• Piper Sandler: Maintained Overweight rating, lowered price target from $450 to $400
• UBS: Maintained Sell rating, lowered price target from $225 to $190
• Mizuho: Maintained Outperform rating, lowered price target from $430 to $375
• Benchmark: Maintained Buy rating, lowered price target from $475 to $350
• Wedbush: Maintained Outperform rating, lowered price target from $550 to $315
• Goldman Sachs; Maintained Neutral rating, lowered price target from $320 to $275

Key Items to Watch: After missing analyst estimates for first-quarter deliveries, any guidance from the company for full-year deliveries will be closely watched by analysts and investors. The company previously said it expected to return to growth for its vehicle business in 2025, but that could now be out of reach.

“The rate of growth will depend on a variety of factors, including the rate of acceleration of our autonomy efforts, production ramp at our factories and the broader macroeconomic environment,” the company previously said.

Updates on new vehicles, including more affordable models, will also be closely watched, as the company previously said it remained on track for production in the first half of 2025.

Tariffs and macroeconomic conditions remain concerns for the company, as evidenced by some of the top requested shareholder questions for the first quarter.

The top vote-getters for questions center on several topics, including FSD, Robotaxis, tariffs, and new models. There are numerous questions on tariffs and macroeconomic concerns. While Tesla may be better positioned to handle tariffs on countries like Canada and Mexico, investors are still worried about their impact.

While Tesla assembles and sells its EVs in the U.S., the company imports parts for several vehicles. This week, the company announced it was suspending plans to ship parts from China for the Cybercab and Tesla Semi.

A top question on “brand damage” could also be significant. Multiple studies and reports have shown that sales have declined and the company’s brand has suffered since Musk’s political involvement in politics grew.

TSLA Price Action: Tesla stock was down 6% to $227.42 on Monday versus a 52-week trading range of $138.80 to $488.54. Tesla stock is down 40% year-to-date in 2025, while shares remain up 60.1% over the last year.

Read Next:

• Tesla Q1 Test Drive: Will Earnings Steer The Stock Out Of The Ditch?

Photo: Shutterstock

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	190.3800	2.500	1.33	99.3K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	80.2700	0.900	1.13	34.9K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	46.1500	0.500	1.09	205.1K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	182.3225	1.873	1.03	4.3K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.0000	0.390	0.98	817
(NYSE:XLB)	Materials Select Sector SPDR	80.2200	0.700	0.88	369
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	123.5700	1.080	0.88	2.8K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	76.4300	0.500	0.65	2.4K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	133.3500	0.780	0.58	73.5K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	88.6000	0.420	0.47	2.0K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	81.2000	0.110	0.13	10.0K

No loser in today’s Pre-market session.

Pulled from Benzinga Pro data this sector movers alert provides traders with a compiled way to read macro-level market trends. Investors garner a particular interest in sector movers to better determine sectors that are over- or under-performing to make better investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

To read more about sector movers, click here.

Deep-pocketed investors have adopted a bearish approach towards Costco Wholesale (NASDAQ:COST), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in COST usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 27 extraordinary options activities for Costco Wholesale. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 25% leaning bullish and 51% bearish. Among these notable options, 14 are puts, totaling $707,651, and 13 are calls, amounting to $586,825.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $700.0 and $1140.0 for Costco Wholesale, spanning the last three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Costco Wholesale options trades today is 184.81 with a total volume of 685.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Costco Wholesale’s big money trades within a strike price range of $700.0 to $1140.0 over the last 30 days.

Costco Wholesale Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
COST	PUT	TRADE	BEARISH	06/20/25	$56.25	$56.25	$56.25	$1000.00	$112.5K	431	54
COST	PUT	TRADE	BEARISH	06/20/25	$50.0	$47.05	$50.0	$1000.00	$100.0K	431	30
COST	PUT	TRADE	BULLISH	09/19/25	$174.2	$171.5	$171.5	$1140.00	$68.6K	0	4
COST	CALL	TRADE	BULLISH	06/18/26	$132.35	$127.45	$132.35	$1000.00	$66.1K	64	5
COST	CALL	TRADE	BULLISH	05/02/25	$29.0	$27.85	$29.0	$975.00	$63.8K	118	22

About Costco Wholesale

Costco operates a membership-based, no-frills retail model predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given its frugal cost structure, the firm is able to price its merchandise below that of competing retailers, driving high sales volume per warehouse and generating strong profits on thin margins. Costco operates over 600 warehouses in the United States and has over 60% share in the domestic warehouse club industry. Internationally, Costco operates another 280 warehouses, primarily in Canada, Mexico, Japan, and the UK.

In light of the recent options history for Costco Wholesale, it’s now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Costco Wholesale

• With a trading volume of 539,132, the price of COST is down by -2.05%, reaching $974.09.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 38 days from now.

What The Experts Say On Costco Wholesale

4 market experts have recently issued ratings for this stock, with a consensus target price of $1055.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* An analyst from Telsey Advisory Group persists with their Outperform rating on Costco Wholesale, maintaining a target price of $1100.
* An analyst from Telsey Advisory Group has decided to maintain their Outperform rating on Costco Wholesale, which currently sits at a price target of $1100.
* An analyst from Mizuho has revised its rating downward to Neutral, adjusting the price target to $975.
* Consistent in their evaluation, an analyst from Loop Capital keeps a Buy rating on Costco Wholesale with a target price of $1045.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Costco Wholesale with Benzinga Pro for real-time alerts.

No gainer in today’s Pre-market session.

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	189.5000	-3.360	-1.75	28.6K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	182.9400	-2.460	-1.33	9.6K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	80.6500	-0.850	-1.05	39.1K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	46.3400	-0.310	-0.67	134.1K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	124.6000	-0.700	-0.56	8.5K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	134.7600	-0.730	-0.54	4.2K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	89.7700	-0.440	-0.49	7.2K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.3000	-0.150	-0.38	1.2K
(NYSE:XLB)	Materials Select Sector SPDR	80.4500	-0.300	-0.38	1.4K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	77.5588	-0.211	-0.28	16.9K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	81.7500	-0.120	-0.15	5.6K

Pulled from Benzinga Pro data this sector movers alert provides traders with a compiled way to read macro-level market trends. Investors garner a particular interest in sector movers to better determine sectors that are over- or under-performing to make better investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

To read more about sector movers, click here.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	80.40	0.70	0.87	44.3K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	185.84	1.60	0.86	5.0K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	90.17	0.54	0.60	554
(NYSE:XLK)	SPDR Select Sector Fund – Technology	194.92	1.01	0.52	158.3K
(NYSE:XLB)	Materials Select Sector SPDR	80.51	0.31	0.38	6.3K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	125.09	0.47	0.37	21.1K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	39.97	0.15	0.37	505
(NYSE:XLF)	SPDR Select Sector Fund – Financial	46.70	0.17	0.36	396.9K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	77.23	0.25	0.32	2.3K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	80.27	0.11	0.13	1.7K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	135.17	-1.12	-0.83	49.7K

Pulled from Benzinga Pro data the above sector movers alert assists traders in understanding macro-level trends and market variations. Traders will look for sector movers providing information on sectors that are over- or under-performing, deriving these results into investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

Coinbase Global Inc (NASDAQ:COIN) published on Tuesday a report warning investors of a “crypto winter” being underway. The company is scheduled to report its first-quarter earnings on May 8.

Although the company began 2025 with significant momentum due to pro-crypto comments by the Trump administration, sentiment has reversed against “sharply rising macro concerns,” according to Rosenblatt Securities. 

The Coinbase Global Analyst: Analyst Chris Brendler reiterated a Buy rating, while reducing the price target from $305 to $290.

The Coinbase Global Thesis: The first-quarter estimates for the company have been lowered to reflect continued decline in trading volumes in March and “much lower blockchain revenue due to considerably lower asset levels, partially offset by continued strength in stablecoins,” Brendler said in the note.

Check out other analyst stock ratings.

He trimmed his revenue estimates from $2.19 billion to $2.10 billion and EBITDA estimates from $1,075.8 million to $1,005.1 million.

The full year estimates for Coinbase Global reflects a rebound in activity in the back half of the year, the analyst stated. “In our view, legislative clarity will accelerate blockchain technology adoption and COIN will be a primary beneficiary,” he added.

Non-trading revenue streams growing beyond trading fees and the company’s profitability becoming more predictable could lend upside to the stock, Brendler further said.

COIN Price Action: Shares of Coinbase Global had risen by 2.12% to $175.76 at the time of publication on Thursday.

Read More:
• Robinhood, Coinbase Could Benefit From New Digital Asset Regulation, Says Bernstein

Photo: Shutterstock