International Business Machines Corporation (DE:IBM)
NYSE:IBM
IBM Stock Chart & Stats
€214.15
€1.45(0.67%)
At close: 4:00 PM EST
€214.15
€1.45(0.67%)
Day’s Range― - ―
52-Week Range€181.32 - €292.65
Previous CloseN/A
Volume4.00
Average Volume (3M)8.63K
Market Cap
€266.55B
Enterprise Value€339.68B
Total Cash (Recent Filing)€11.78B
Total Debt (Recent Filing)€70.60B
Price to Earnings (P/E)26.7
Beta0.59
Next Earnings
Jul 22, 2026EPS Estimate
2.58Next Dividend Ex-DateN/A
Dividend Yield2.27%
Share Statistics
EPS (TTM)11.51
Shares Outstanding939,885,250
10 Day Avg. Volume16,841
30 Day Avg. Volume8,626
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)8.46
Price to Sales (P/S)4.09
P/FCF Ratio23.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€257.21Price Target Upside20.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)10.69
Revenue Forecast (FY)€61.44B
Bulls Say, Bears Say
Bulls Say
Sustained Free Cash Flow GenerationSustained FCF (TTM ~$13.1B, record Q1 +13%) gives IBM durable, internal funding for R&D, debt service, buybacks and strategic reinvestment. Reliable cash supports long-term product investment and flexibility to execute cloud/AI transitions without heavy external financing.
Recurring Software And ARR GrowthAccelerating software and ARR (ARR $24.6B, software +8%, Red Hat/OpenShift traction) shifts revenue mix to higher-margin, sticky subscriptions. This recurring model increases customer lock-in, reduces cyclical exposure, and supports sustainable margin and cash generation over multi-year horizons.
Major Multi-year Quantum And R&D CommitmentA >$10B, five-year quantum investment underpins long-term technology leadership and unique IP/ecosystem building. Committing capital to manufacturing, software and partnerships can create differentiated capabilities and high-value services as commercial quantum scale and adjacent AI workloads mature.
Bears Say
Elevated Leverage Constraining FlexibilityHigh leverage (debt-to-equity ~2.06x, large absolute debt balance) limits strategic optionality. It raises interest and refinancing sensitivity, reduces headroom for opportunistic M&A or buybacks, and can force prioritization of debt service over growth investments if macro conditions tighten.
Modest Top-line Growth TrendA low organic revenue growth profile (TTM ~2%, near-flat recent year) constrains scalable operating leverage. Long-term EPS and cash expansion will depend heavily on margin improvement, M&A and recurring-software mix gains rather than robust organic demand, increasing execution risk.
Inorganic Dilution And Integration CostsAcquisition-related dilution (~$600M), plus higher cash taxes, CapEx and net interest expense, depress near-term profitability and free cash flow. Realizing synergies and integrating assets will take time, adding execution risk and delaying the full financial benefit of deals.
International Business Machines News
IBM FAQ
What was International Business Machines Corporation’s price range in the past 12 months?
International Business Machines Corporation lowest stock price was €181.32 and its highest was €292.65 in the past 12 months.
What is International Business Machines Corporation’s market cap?
International Business Machines Corporation’s market cap is €266.55B.
When is International Business Machines Corporation’s upcoming earnings report date?
International Business Machines Corporation’s upcoming earnings report date is Jul 22, 2026 which is in 47 days.
How were International Business Machines Corporation’s earnings last quarter?
International Business Machines Corporation released its earnings results on Apr 22, 2026. The company reported €1.64 earnings per share for the quarter, beating the consensus estimate of €1.553 by €0.087.
Is International Business Machines Corporation overvalued?
According to Wall Street analysts International Business Machines Corporation’s price is currently Undervalued.
Does International Business Machines Corporation pay dividends?
International Business Machines Corporation pays a Quarterly dividend of €1.454 which represents an annual dividend yield of 2.27%. See more information on International Business Machines Corporation dividends here
What is International Business Machines Corporation’s EPS estimate?
International Business Machines Corporation’s EPS estimate is 2.58.
How many shares outstanding does International Business Machines Corporation have?
International Business Machines Corporation has 939,885,250 shares outstanding.
What happened to International Business Machines Corporation’s price movement after its last earnings report?
International Business Machines Corporation reported an EPS of €1.64 in its last earnings report, beating expectations of €1.553. Following the earnings report the stock price went down -8.235%.
Which hedge fund is a major shareholder of International Business Machines Corporation?
Currently, no hedge funds are holding shares in DE:IBM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
International Business Machines Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
€257.21 (20.11% Upside)
€257.21 (20.11% Upside)
Blogger Sentiment
Bullish
DE:IBM Sentiment 70%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 12%
Bearish news 12%
Technicals
SMA
Negative
20 days / 200 days
Momentum
18.19%
12-Months-Change
Fundamentals
Return on Equity
35.54%
Trailing 12-Months
Asset Growth
7.25%
Trailing 12-Months
Company Description
International Business Machines Corporation
International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
IBM Company Deck
IBM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrays a predominantly positive operational and financial performance: broad-based revenue growth (6%), strong software and data momentum (software +8%, data +16%, ARR +10%), record first-quarter free cash flow (+13%), and margin expansion (operating pretax margin +140 bps). Strategic moves (Confluent close, Red Hat/OpenShift scale, IBM Z AI capabilities, IBM Bob GA, quantum progress) reinforce the software-led, hybrid cloud and AI narrative. Near-term negatives are manageable: consulting margin softness, an expected low-single-digit decline in infrastructure revenue for the year, Confluent-related dilution (~$600M) and macro/supply chain uncertainties that prompted conservative guidance posture. On balance, the positive metrics, clear AI-driven demand tailwinds, and reiterated 5%+ revenue and ~$1B free cash flow growth guidance outweigh the listed challenges.View all DE:IBM earnings summariesIBM Revenue Breakdown
10.85% Hybrid Cloud
11.45% Automation
9.33% Data
12.74% Transaction Processing
17.08% Strategy and Technology
14.09% Intelligent Operations
15.72% Hybrid Infrastructure
7.55% Infrastructure Support
1.09% Financing
0.09% Other
IBM Stock 12 Month Forecast
Average Price Target
€257.21
▲(20.11% Upside)
Technical Analysis
Options Prices
Currently, No data available
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