Want to see IBM full AI Analyst Report?
IBM Stock Chart & Stats
$253.47
-$2.19(-0.98%)
At close: 4:00 PM EST
$253.47
-$2.19(-0.98%)
Day’s Range― - ―
52-Week Range$204.44 - $332.46
Previous CloseN/A
Volume800.01K
Average Volume (3M)11.23M
Market Cap
$193.40B
Enterprise Value$325.26K
Total Cash (Recent Filing)$8.13B
Total Debt (Recent Filing)$65.27B
Price to Earnings (P/E)18.0
Beta0.88
Next Earnings
Oct 21, 2026EPS Estimate
2.9Next Dividend Ex-DateN/A
Dividend Yield3.26%
Share Statistics
EPS (TTM)11.45
Shares Outstanding939,885,250
10 Day Avg. Volume18,073,988
30 Day Avg. Volume11,229,586
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$255.78Price Target Upside0.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)12.15
Revenue Forecast (FY)$70.68B
Bulls Say, Bears Say
Bulls Say
Cash Generation And FCF ConversionVery strong trailing‑12‑month cash generation and near‑complete conversion of income into free cash flow provide durable funding for debt service, buybacks, dividends and R&D. This underpins long‑term capital return capacity and cushions strategic investments despite cyclical revenue shifts.
High Recurring Software Revenue And ARR GrowthA large and growing ARR base with roughly 80% recurring software revenue creates predictable, sticky cash flows and higher lifetime customer value. This subscription/consumption mix supports margin sustainability, eases forecasting, and aligns IBM with secular hybrid‑cloud and enterprise AI demand trends.
Entrenched Mainframe And Infrastructure FranchiseA dominant installed base in transaction processing gives IBM high switching costs and recurring maintenance/service revenue. Periodic refresh cycles (like z17) deliver durable upgrade demand and revenue visibility from a core, high‑value customer cohort across financials and governments.
Bears Say
High Balance‑sheet LeverageElevated absolute debt and a debt/equity ratio above 2x reduce financial flexibility and increase sensitivity to interest‑rate moves. Even with strong cash flow, leverage constrains discretionary M&A, raises refinancing risk in stressed markets, and makes results more cyclical‑sensitive.
CapEx‑timing Driven Deal SlippageReliance on a relatively small number of large, capex‑sensitive deals creates timing and visibility risk: client shifts to servers/storage led to quarter shortfalls. Such deal concentration means revenue and margins can swing across quarters based on customer procurement cycles, not fundamentals.
Persistent Transactional Software MixA significant transactional component increases revenue volatility and reduces predictability compared with pure subscription models. Declines in transactional sales can pressure margins and distort growth metrics; converting this mix to recurring ARR is important for long‑term stability but remains incomplete.
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 $204.44 and its highest was $332.46 in the past 12 months.
What is International Business Machines Corporation’s market cap?
International Business Machines Corporation’s market cap is $193.40B.
When is International Business Machines Corporation’s upcoming earnings report date?
International Business Machines Corporation’s upcoming earnings report date is Oct 21, 2026 which is in 88 days.
How were International Business Machines Corporation’s earnings last quarter?
International Business Machines Corporation released its earnings results on Jul 22, 2026. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate of $2.946 by -$0.016.
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 $1.69 which represents an annual dividend yield of 3.26%. 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 2.9.
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 $2.93 in its last earnings report, missing expectations of $2.946. Following the earnings report the stock price went up 0.428%.
Which hedge fund is a major shareholder of International Business Machines Corporation?
Currently, no hedge funds are holding shares in 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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$255.78 (0.91% Upside)
$255.78 (0.91% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 7.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 7.5%
Last 30 Days ▲ 7.5%
News Sentiment
Neutral
Bullish news 42%
Bearish news 58%
Bearish news 58%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-24.84%
12-Months-Change
Fundamentals
Return on Equity
3.26%
Trailing 12-Months
Asset Growth
2.36%
Trailing 12-Months
Company Description
International Business Machines Corporation
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 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
$255.78
▲(0.91% Upside)
Technical Analysis
Ownership Overview
0.09% Insiders
17.38% Mutual Funds
1.17% Other Institutional Investors
56.90% Public Companies and Individual Investors