1IBM Stock Chart & Stats
€197.60
€6.26(3.44%)
At close: 4:00 PM EDT
€197.60
€6.26(3.44%)
Day’s Range― - ―
52-Week Range€175.00 - €392.00
Previous CloseN/A
Volume2.82K
Average Volume (3M)829.00
Market Cap
€194.87B
Enterprise Value€325.26K
Total Cash (Recent Filing)€8.13B
Total Debt (Recent Filing)€65.27B
Price to Earnings (P/E)20.8
Beta0.33
Next Earnings
Oct 21, 2026EPS Estimate
2.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.45
Shares Outstanding942,134,400
10 Day Avg. Volume509
30 Day Avg. Volume829
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€221.07Price Target Upside11.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
EPS Forecast (FY)10.74
Revenue Forecast (FY)€61.39B
Bulls Say, Bears Say
Bulls Say
Recurring Software GrowthIBM’s growing recurring software base provides greater revenue visibility than primarily project-based sales. ARR expansion across Red Hat, HashiCorp and Confluent can support durable customer retention, predictable cash generation, and continued investment in hybrid cloud and AI offerings.
Strong Cash GenerationHigh conversion of reported earnings into free cash flow demonstrates substantial internal funding capacity. This supports debt service, dividends, strategic investment, and productivity initiatives while giving IBM resilience to uneven enterprise demand and flexibility to pursue longer-term growth opportunities.
Quantum Platform InvestmentThe finalized award and IBM funding establish a dedicated quantum wafer foundry with ecosystem customers, moving quantum activity beyond research into specialized infrastructure. This could strengthen IBM’s technological positioning and create a platform for future industry participation and commercial development.
Bears Say
High Financial LeverageDebt materially exceeds shareholders’ equity, limiting financial flexibility relative to lower-leverage peers. Elevated leverage increases sensitivity to interest costs and business volatility, potentially constraining acquisitions, investment, and shareholder returns if operating conditions weaken over the next several quarters.
Lower Growth Guidance And Execution RiskThe reduced outlook indicates that IBM’s growth trajectory remains sensitive to delayed enterprise spending and deal execution. Even if some deferred contracts close later, repeated slippage could make revenue expansion less predictable and increase pressure on management to use productivity actions to protect earnings.
Infrastructure And Mix PressureWeak infrastructure and transaction-processing performance creates a drag on both revenue composition and profitability. These businesses remain important parts of IBM’s portfolio, so sustained softness or unfavorable mix could offset recurring software gains and require further productivity measures to preserve margins.
1IBM FAQ
What was International Business Machines’s price range in the past 12 months?
International Business Machines lowest stock price was €175.00 and its highest was €392.00 in the past 12 months.
What is International Business Machines’s market cap?
International Business Machines’s market cap is €194.87B.
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 33 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Jul 22, 2026. The company reported €2.541 earnings per share for the quarter, missing the consensus estimate of €2.555 by -€0.014.
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 2.49.
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 €2.541 in its last earnings report, missing expectations of €2.555. Following the earnings report the stock price went down -1.032%.
Which hedge fund is a major shareholder of International Business Machines?
Currently, no hedge funds are holding shares in IT:1IBM
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:
€221.07 (11.88% Upside)
€221.07 (11.88% Upside)
Blogger Sentiment
Bullish
IT:1IBM Sentiment 68%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth €5.0M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 91%
Bearish news 9%
Bearish news 9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.84%
12-Months-Change
Fundamentals
Return on Equity
2.83%
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.
1IBM Company Deck
1IBM 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 IT:1IBM earnings summaries1IBM 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

1IBM Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€221.07
▲(11.88% Upside)
Technical Analysis
1 Day
3 Days
1 Week
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