IBM Stock Chart & Stats
€191.90
€1.12(0.59%)
At close: 4:00 PM EDT
€191.90
€1.12(0.59%)
Day’s Range― - ―
52-Week Range€175.28 - €292.65
Previous CloseN/A
Volume3.34K
Average Volume (3M)10.46K
Market Cap
€185.33B
Enterprise Value€325.26K
Total Cash (Recent Filing)€8.13B
Total Debt (Recent Filing)€65.27B
Price to Earnings (P/E)19.9
Beta0.63
Next Earnings
Oct 21, 2026EPS Estimate
2.54Next Dividend Ex-DateN/A
Dividend Yield2.97%
Share Statistics
EPS (TTM)11.45
Shares Outstanding942,134,400
10 Day Avg. Volume17,990
30 Day Avg. Volume10,456
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
€224.54Price Target Upside17.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)10.82
Revenue Forecast (FY)€61.86B
Bulls Say, Bears Say
Bulls Say
Cash Generation And ConversionConsistently high operating and free cash flow with ~94% conversion demonstrates durable internal funding for R&D, buybacks, dividends and debt service. Strong cash conversion reduces dependence on external financing and supports long-term strategic investments and shareholder returns.
Recurring Software Revenue And ARR GrowthA large, growing ARR base and ~80% recurring software mix provide predictable revenue streams and higher margin visibility. This recurring profile supports sustainable margins, aids forecasting, and underpins long-term customer relationships and cross-sell opportunities across hybrid cloud and AI services.
Strategic Tech Investments And AcquisitionsMulti‑billion commitments to quantum and acquisition of HRL reflect deliberate long-term R&D scaling and capability buildout. These moves strengthen differentiation in advanced computing, foster partner ecosystems and can create high-value intellectual property and services over several years.
Bears Say
High Leverage Limits FlexibilityElevated debt relative to equity increases sensitivity to interest rates and reduces strategic optionality. High leverage constrains capital allocation during downturns, raises refinancing risk and can force prioritization of debt service over growth investments or aggressive share repurchases.
CapEx-driven Deal Timing RiskDependence on large, timing-sensitive CapEx transactions creates volatility in revenue recognition and near-term execution. When clients shift spend to servers/storage, IBM faces lumpiness that can depress margins and complicate forecasting until multiyear refresh cycles normalize.
Remaining Transactional Software Mix And Mainframe PressureA meaningful transactional software slice and episodic mainframe/transaction processing declines increase revenue volatility and depress recurring-margin expansion. This structural mix shift requires sustained migration to subscriptions and modern workloads to stabilize growth and margin durability.
International Business Machines News
IBM FAQ
What was International Business Machines’s price range in the past 12 months?
International Business Machines lowest stock price was €175.28 and its highest was €292.65 in the past 12 months.
What is International Business Machines’s market cap?
International Business Machines’s market cap is €185.33B.
When is International Business Machines’s upcoming earnings report date?
International Business Machines’s upcoming earnings report date is Oct 21, 2026 which is in 82 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Jul 22, 2026. The company reported €2.572 earnings per share for the quarter, missing the consensus estimate of €2.586 by -€0.014.
Is International Business Machines overvalued?
According to Wall Street analysts International Business Machines’s price is currently Undervalued.
Does International Business Machines pay dividends?
International Business Machines pays a Quarterly dividend of €1.484 which represents an annual dividend yield of 2.97%. See more information on International Business Machines dividends here
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is 2.54.
How many shares outstanding does International Business Machines have?
International Business Machines has 942,134,400 shares outstanding.
What happened to International Business Machines’s price movement after its last earnings report?
International Business Machines reported an EPS of €2.572 in its last earnings report, missing expectations of €2.586. Following the earnings report the stock price went down -1.097%.
Which hedge fund is a major shareholder of International Business Machines?
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€224.54 (17.01% Upside)
€224.54 (17.01% Upside)
Blogger Sentiment
Bullish
DE:IBM Sentiment 71%
Sector Average ―
Sector Average ―
News Sentiment
Bullish
Bullish news 69%
Bearish news 31%
Bearish news 31%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.67%
12-Months-Change
Fundamentals
Return on Equity
2.97%
Trailing 12-Months
Asset Growth
2.36%
Trailing 12-Months
Company Description
International Business Machines
International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. The company's operations are structured into four primary segments: Software, Consulting, Infrastructure, and Financing. The Software division provides hybrid cloud platforms and a range of software offerings, including Red Hat's enterprise open-source solutions. It also develops software for business automation, AIOps and management, integration, and application servers, in addition to data and artificial intelligence tools. This segment further supplies security software and services for threat, data, and identity management, and offers critical transaction processing software that supports essential on-premise workloads for industries such as banking, airlines, and retail. The Consulting arm delivers business transformation services, which encompass strategy development, business process design and operational improvements, data and analytics insights, and system integration. It additionally provides technology consulting and specialized application and cloud platform services. IBM's Infrastructure segment offers both on-premises and cloud-based server and storage solutions, specifically tailored for clients' crucial and regulated operations. It also extends support and solutions for hybrid cloud infrastructure, alongside remanufacturing and remarketing services for used equipment. The Financing segment provides various financial services, such as leasing, installment payment plans, loan financing, and short-term working capital solutions. Originally established in 1911 as the Computing-Tabulating-Recording Co., the company is now known as International Business Machines Corporation and maintains its headquarters in Armonk, New York.
IBM Company Deck
IBM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call balanced clear operational strengths (recurring software ARR up 8%, record Distributed Infrastructure growth, z17 program strength, Consulting AI momentum, early traction for new products like Lightwell, and a strong quantum commitment) against a meaningful near‑term execution miss driven by CapEx‑timing shifts that delayed large deals. Management framed the quarter as a timing/deferral issue, highlighted that roughly one‑third of slipped deals closed early in Q3, reiterated free cash flow and margin improvement targets, and outlined productivity and go‑to‑market actions to recover growth. Given the mix of durable long‑term positives and a notable but described‑as‑transitory shortfall, the call conveys cautious confidence rather than outright optimism or alarm.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
€224.54
▲(17.01% Upside)