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International Business Machines (IBM) Stock Price & Analysis

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IBM Stock Chart & Stats

CHF 202.05-CHF 2.55(-1.25%)
At close: 5:30 PM GMT+1
CHF175CHF200CHF225CHF250Apr 14May 13Jun 2
Day’s Range
CHF 200.45 - CHF 202.05
52-Week Range
CHF 135.00 - CHF 257.54
Previous Close
CHF 204.60
Volume
N/A
Average Volume (3M)
0
Market Cap
CHF 189.79B
Enterprise Value
CHF 266.41B
Total Cash (Recent Filing)
CHF 11.06B
Total Debt (Recent Filing)
CHF 67.14B
Price to Earnings (P/E)
20.7
Beta
0.39
Next Earnings
Jan 27, 2027 (Est.)
Next Dividend Ex-Date
N/A
Dividend Yield
2.74%

Bulls Say, Bears Say

Bulls Say

Recurring Software Growth

Strong 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 Generation

IBM’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 Momentum

Red 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 Leverage

IBM’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 Growth

IBM’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 Pressures

Although 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 CHF135.00 and its highest was CHF257.54 in the past 12 months.
What is International Business Machines’s market cap?
International Business Machines’s market cap is CHF189.79B.
When is International Business Machines’s upcoming earnings report date?
International Business Machines’s next earnings report is estimated for Jan 27, 2027 (not yet confirmed), which is in 78 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Oct 21, 2026. The company reported CHF2.406 earnings per share for the quarter, beating the consensus estimate of CHF2.327 by CHF0.079.
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 does not currently pay dividends.
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is 3.77.
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 CHF2.406 in its last earnings report, beating expectations of CHF2.327. Following the earnings report the stock price went up 1.564%.
Which hedge fund is a major shareholder of International Business Machines?
Hedge funds hold International Business Machines shares: the largest hedge-fund position in International Business Machines is 1,678,271,267 shares, and hedge funds increased their holdings by 24.8K shares last quarter.
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