IBM (IBM, $136.74) and Santander enter five-year technology agreement worth $700 million
IBM and Banco Santander have recently entered into a five-year global technology agreement, valued at $700 million to boost Santander’s digital transformation.
For Santander, the five-year global technology agreement is in-line with the Spanish lender's business transformation program. The company is seeking to move to a more open, flexible and modern IT environment that delivers better and more innovative digital services for its customers.
For IBM, this marks a good start for 2019 as it continues to rack-up a huge $700 million financial services contract, as well as agreements with ICBC Argentina and the card unit of Hyundai and Kia Motors.
Following this deal, Santander is set to use the IBM's A.I., blockchain and big data offerings, which is expected to help in the transition of the of the bank's IT infrastructure into a hybrid and multi-color environment.
The Spanish lender plans to use IBM’s Watson to improve customer experience, enhance branch advisors expertise and increase employee productivity.
As of December 2018, Santander’s funds amounted to 981 billion euros with a customer base of 144 million, spread across 13,000 branches in Europe and Americas.
IBM also announced its new four-year deployment initiative called Code and Response valued at $25 million to put open-source tech developed in coding challenges into communities.
IBM saw its Stochastic Oscillator leaves the overbought zone
The Stochastic Oscillator for IBM moved out of overbought territory on September 17, 2026. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 56 similar instances where the indicator exited the overbought zone. In 36 of the 56 cases the stock moved lower. This puts the odds of a downward move at 64%.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IBM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 55%.
IBM broke above its upper Bollinger Band on September 11, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 08, 2026. You may want to consider a long position or call options on IBM as a result. In 48 of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 62%.
IBM moved above its 50-day moving average on September 11, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for IBM crossed bullishly above the 50-day moving average on September 14, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 8 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 57%.
Following a +6.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where IBM advanced for three days, in 248 of 377 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.
The Aroon Indicator entered an Uptrend today. In 162 of 263 cases where IBM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 62%.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 9 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.494) is normal, around the industry mean (7.326). P/E Ratio (21.091) is within average values for comparable stocks, (71.298). Projected Growth (PEG Ratio) (2.246) is also within normal values, averaging (1.387). Dividend Yield (0.028) settles around the average of (0.026) among similar stocks. P/S Ratio (3.271) is also within normal values, averaging (145.217).
The Tickeron SMR rating for this company is 29 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 46 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock slightly better than average.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 54 (best 1 - 100 worst), indicating steady price growth. IBM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 91 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a manufacturer of various computer products through the use of advanced information technology
Industry InformationTechnologyServices
Advertisement