Want to see IBM full AI Analyst Report?
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)5.17M
Market Cap
$217.99B
Enterprise Value$325.26K
Total Cash (Recent Filing)$8.13B
Total Debt (Recent Filing)$65.27B
Price to Earnings (P/E)20.3
Beta0.93
Next Earnings
Oct 21, 2026EPS Estimate
2.86Next Dividend Ex-DateN/A
Dividend Yield2.9%
Share Statistics
EPS (TTM)11.45
Shares Outstanding942,134,400
10 Day Avg. Volume6,489,733
30 Day Avg. Volume5,174,263
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$249.67Price Target Upside6.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)12.31
Revenue Forecast (FY)$70.36B
Bulls Say, Bears Say
Bulls Say
Recurring Software GrowthIBM’s growing recurring software base provides greater revenue visibility than project-only businesses and supports durable customer relationships. ARR expansion across Red Hat, HashiCorp and Confluent also indicates ongoing adoption of hybrid-cloud and enterprise software offerings.
Strong Cash GenerationHigh conversion of earnings into free cash flow gives IBM internal funding for debt service, dividends, acquisitions and strategic investment. This cash-generation capacity strengthens resilience across business cycles, although annual cash growth has shown some volatility.
Entrenched Mainframe PositionIBM’s mainframe footprint creates a durable enterprise position supported by mission-critical workloads and deeply embedded customer infrastructure. High client retention and capacity expansion can sustain recurring platform, software and support demand over multiple quarters.
Bears Say
Elevated Financial LeverageDebt exceeding twice equity reduces IBM’s financial flexibility relative to lower-leverage peers and increases sensitivity to interest rates and business volatility. Leverage may constrain capital allocation if operating conditions weaken or refinancing costs rise.
Deal Timing And Guidance PressureDelayed large customer deals expose IBM to execution and spending-cycle risk, particularly when clients redirect budgets toward infrastructure. The lower revenue guide signals that recovering growth depends on converting deferred demand and improving closure timing.
Infrastructure Weakness And Margin PressureInfrastructure weakness and unfavorable mix can weigh on consolidated profitability even as productivity actions provide support. Continued margin pressure would make IBM more dependent on cost reduction to achieve its operating profit objectives and preserve earnings quality.
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 $217.99B.
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 25 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Jul 22, 2026. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate of $2.946 by -$0.016.
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 2.9%. See more information on International Business Machines dividends here
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is 2.86.
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 $2.93 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?
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:
$249.67 (6.61% Upside)
$249.67 (6.61% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 67%
Sector Average ―
Sector Average ―
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 ▼ 1.1%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.92%
12-Months-Change
Fundamentals
Return on Equity
2.90%
Trailing 12-Months
Asset Growth
2.36%
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
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 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
$249.67
▲(6.61% Upside)
Technical Analysis
Ownership Overview
0.09% Insiders
17.34% Mutual Funds
9.28% Other Institutional Investors
49.05% Public Companies and Individual Investors