Sentiment · IBM
Government Contracts for IBM
AI-generated plain-English read of government contracts for IBM. Updated daily.
Whale-tier contracts, stable flow
moderateA massive federal contract base holding flat — a mature government prime on an established award cycle. Revenue visibility is high, but growth catalysts are limited near-term.
What will probably happen
- Stable award flow provides a predictable government revenue floor — no acceleration catalyst, but also no loss-of-recompete risk visible.
- Unknown dominates the award base — this issuer's government revenue is tied to the budget priorities of a single customer. Sensitive to agency-level cuts.
- A single contract ($628.27M) represents a major share of recent awards — non-renewal at recompete would create a sharp revenue cliff.
What to do
- If you HOLD this stock
- Large stable federal base but concentrated in a few agencies — hold, but monitor your primary agency's budget headlines each appropriations cycle.
- If you're EVALUATING this stock
- Government revenue is a secondary factor at this scale — evaluate on primary business drivers.
- If you trade OPTIONS
- No urgent options thesis from this signal — stable government revenue doesn't create near-term vol.
5 contracts in trailing 12 months — moderate sample size.
Technical details
Technical analysis
- Pace
- Stable
- Top agency
- Unknown
- Revenue scale
- Whale
- Last 90d awards
- $352.21M
- Prior 90d awards
- $384.18M
- 90d vs 90d change
- -8%
- Trailing-12m total
- $1.17B
- Agency concentration
- Single agency
- Largest single award
- $628.27M
- Contract size profile
- Mega deal
- Trailing-12m contracts
- 5
Key levels
| Level | Value |
|---|---|
| total value | 25,567,015,274.49 |
| last 90d total | 352,206,289.4 |
| prior 90d total | 384,176,940.44 |
| watch threshold | 384,176,940.44 |
| largest contract | 628,269,413.24 |
| trailing 12m total | 1,171,164,859.42 |
Caveats
- Federal contract awards are CEILING values, not realized revenue. Period-of-performance can span multiple years.
- One agency (Unknown) dominates revenue — issuer is sensitive to that agency's budget priorities (DoD funding cycles, NASA program changes, etc.).
- A single contract ($628.27M) represents a major share of recent awards; non-renewal at recompete would create a sharp revenue cliff.