IBM's Stock Rally to $315 Sparks Valuation Debate: Is the Tech Giant Overpriced or Undervalued?
IBM shares have surged nearly 8% in the past month, closing at $314.73 and pushing its one-year return above 23%. But with conflicting fair value signals—one model flags it as overvalued while another suggests a 20% discount—investors are grappling with whether the rally has run ahead of fundamentals.