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International Business Machines (IBM) Stock Price & Analysis

25,212 Followers

IBM Stock Chart & Stats

$254.32$4.28(1.71%)
At close: 4:00 PM EST
$220$230$240$250Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$253.51 - $258.59
52-Week Range
$199.19 - $332.46
Previous Close
$250.04
Volume
N/A
Average Volume (3M)
5.37M
Market Cap
$236.32B
Enterprise Value
$266.41B
Total Cash (Recent Filing)
$11.06B
Total Debt (Recent Filing)
$67.14B
Price to Earnings (P/E)
21.4
Beta
0.86
Next Earnings
Jan 27, 2027 (Est.)
EPS Estimate
4.63
Next Dividend Ex-Date
Nov 10, 2026
Dividend Yield
2.65%

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 $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 $236.32B.
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 83 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 2.65%. 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?
Hedge funds hold International Business Machines shares: the largest hedge-fund position in International Business Machines is 71,887,721 shares, and hedge funds decreased their holdings by 777.6K 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