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IBM Stock Chart & Stats
$234.19
$7.54(3.65%)
At close: 4:00 PM EDT
$234.19
$7.54(3.65%)
Day’s Range― - ―
52-Week Range$199.19 - $332.46
Previous CloseN/A
Volume10.58M
Average Volume (3M)6.06M
Market Cap
$239.64B
Enterprise Value$266.41B
Total Cash (Recent Filing)$11.06B
Total Debt (Recent Filing)$67.14B
Price to Earnings (P/E)21.3
Beta0.89
Next Earnings
Jan 27, 2027EPS Estimate
4.63Next Dividend Ex-DateN/A
Dividend Yield2.66%
Share Statistics
EPS (TTM)11.90
Shares Outstanding945,120,800
10 Day Avg. Volume6,266,442
30 Day Avg. Volume6,060,304
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)8.46
Price to Sales (P/S)4.09
P/FCF Ratio22.82
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue3.81
Enterprise Value/Gross Profit6.58
Enterprise Value/Ebitda15.03
Forecast
1Y Price Target
$265.59Price Target Upside13.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EPS Forecast (FY)12.31
Revenue Forecast (FY)$70.36B
Bulls Say, Bears Say
Bulls Say
Recurring Software GrowthStrong software growth and expanding annual recurring revenue provide a durable, contract-based foundation for IBM’s earnings. The mix of net new business, subscriptions, and support can improve revenue visibility while funding continued investment in hybrid cloud and AI capabilities.
Strong Cash GenerationIBM’s substantial operating and free cash flow supports debt management, shareholder distributions, and ongoing investment without relying entirely on external financing. Cash flow also tracks earnings reasonably well, indicating that reported profitability is converting into usable financial resources.
Hybrid Cloud Platform MomentumRed Hat and OpenShift give IBM a growing position in hybrid cloud, where enterprises need software that spans on-premises and cloud environments. Rising recurring revenue and accelerating OpenShift ARR strengthen IBM’s platform ecosystem and support durable cross-selling across its portfolio.
Bears Say
High LeverageIBM’s sizable debt load reduces financial flexibility even though leverage has improved from earlier levels. Interest obligations and refinancing needs can absorb cash that might otherwise support investment or shareholder returns, while a growth slowdown would make balance-sheet repair more difficult.
Modest Top-line GrowthIBM’s overall growth remains moderate for a technology company, with consulting still expanding slowly and contributing less momentum than software. Sustained low growth could limit operating leverage and make the company more dependent on execution in selected hybrid cloud and AI categories.
Cash-flow Cost PressuresAlthough free cash flow is increasing, higher investment spending, taxes, and interest costs are absorbing part of the improvement. This limits the amount available for debt reduction and strategic reinvestment, making future cash-flow expansion more dependent on productivity gains and execution.
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 $199.19 and its highest was $332.46 in the past 12 months.
What is International Business Machines’s market cap?
International Business Machines’s market cap is $239.64B.
When is International Business Machines’s upcoming earnings report date?
International Business Machines’s upcoming earnings report date is Jan 27, 2027 which is in 92 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Oct 21, 2026. The company reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.853 by $0.097.
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 $1.69 which represents an annual dividend yield of 2.66%. See more information on International Business Machines dividends here
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is 4.63.
How many shares outstanding does International Business Machines have?
International Business Machines has 945,120,800 shares outstanding.
What happened to International Business Machines’s price movement after its last earnings report?
International Business Machines reported an EPS of $2.95 in its last earnings report, beating expectations of $2.853. Following the earnings report the stock price went up 0.258%.
Which hedge fund is a major shareholder of International Business Machines?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$265.59 (13.41% Upside)
$265.59 (13.41% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 64%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 24.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Very Bullish
Bullish news 94%
Bearish news 6%
Bearish news 6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.71%
12-Months-Change
Fundamentals
Return on Equity
32.95%
Trailing 12-Months
Asset Growth
5.95%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive. IBM reported accelerated revenue growth, broad-based software and infrastructure momentum, improved margins, record first-nine-month free cash flow margin, strong IBM Z and AI-related demand, and a higher free cash flow outlook. The main challenges were modest consulting growth, a consulting margin decline, higher CapEx, cash taxes and interest expense, expected moderation in transaction processing, and the operational complexity of scaling enterprise AI.View all 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
$265.59
▲(13.41% Upside)
Technical Analysis
Ownership Overview
0.09% Insiders
17.29% Mutual Funds
1.50% Other Institutional Investors
56.83% Public Companies and Individual Investors