Want to see IBM full AI Analyst Report?
IBM Stock Chart & Stats
$214.19
$7.54(3.65%)
At close: 4:00 PM EDT
$214.19
$7.54(3.65%)
Day’s Range― - ―
52-Week Range$199.19 - $332.46
Previous CloseN/A
Volume10.58M
Average Volume (3M)11.84M
Market Cap
$208.91B
Enterprise Value$325.26K
Total Cash (Recent Filing)$8.13B
Total Debt (Recent Filing)$65.27B
Price to Earnings (P/E)19.5
Beta0.90
Next Earnings
Oct 21, 2026EPS Estimate
2.89Next Dividend Ex-DateN/A
Dividend Yield3.01%
Share Statistics
EPS (TTM)11.45
Shares Outstanding942,134,400
10 Day Avg. Volume19,967,763
30 Day Avg. Volume11,844,304
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)8.46
Price to Sales (P/S)4.09
P/FCF Ratio23.86
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
$255.78Price Target Upside19.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)12.33
Revenue Forecast (FY)$70.46B
Bulls Say, Bears Say
Bulls Say
Cash Generation And ConversionConsistently high operating and free cash flow with ~94% conversion demonstrates durable internal funding for R&D, buybacks, dividends and debt service. Strong cash conversion reduces dependence on external financing and supports long-term strategic investments and shareholder returns.
Recurring Software Revenue And ARR GrowthA large, growing ARR base and ~80% recurring software mix provide predictable revenue streams and higher margin visibility. This recurring profile supports sustainable margins, aids forecasting, and underpins long-term customer relationships and cross-sell opportunities across hybrid cloud and AI services.
Strategic Tech Investments And AcquisitionsMulti‑billion commitments to quantum and acquisition of HRL reflect deliberate long-term R&D scaling and capability buildout. These moves strengthen differentiation in advanced computing, foster partner ecosystems and can create high-value intellectual property and services over several years.
Bears Say
High Leverage Limits FlexibilityElevated debt relative to equity increases sensitivity to interest rates and reduces strategic optionality. High leverage constrains capital allocation during downturns, raises refinancing risk and can force prioritization of debt service over growth investments or aggressive share repurchases.
CapEx-driven Deal Timing RiskDependence on large, timing-sensitive CapEx transactions creates volatility in revenue recognition and near-term execution. When clients shift spend to servers/storage, IBM faces lumpiness that can depress margins and complicate forecasting until multiyear refresh cycles normalize.
Remaining Transactional Software Mix And Mainframe PressureA meaningful transactional software slice and episodic mainframe/transaction processing declines increase revenue volatility and depress recurring-margin expansion. This structural mix shift requires sustained migration to subscriptions and modern workloads to stabilize growth and margin durability.
International Business Machines News
IBM FAQ
What was International Business Machines Corporation’s price range in the past 12 months?
International Business Machines Corporation lowest stock price was $199.19 and its highest was $332.46 in the past 12 months.
What is International Business Machines Corporation’s market cap?
International Business Machines Corporation’s market cap is $208.91B.
When is International Business Machines Corporation’s upcoming earnings report date?
International Business Machines Corporation’s upcoming earnings report date is Oct 21, 2026 which is in 81 days.
How were International Business Machines Corporation’s earnings last quarter?
International Business Machines Corporation 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 Corporation overvalued?
According to Wall Street analysts International Business Machines Corporation’s price is currently Undervalued.
Does International Business Machines Corporation pay dividends?
International Business Machines Corporation pays a Quarterly dividend of $1.69 which represents an annual dividend yield of 3.01%. See more information on International Business Machines Corporation dividends here
What is International Business Machines Corporation’s EPS estimate?
International Business Machines Corporation’s EPS estimate is 2.89.
How many shares outstanding does International Business Machines Corporation have?
International Business Machines Corporation has 942,134,400 shares outstanding.
What happened to International Business Machines Corporation’s price movement after its last earnings report?
International Business Machines Corporation 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 Corporation?
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:
$255.78 (19.42% Upside)
$255.78 (19.42% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 71%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 7.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 5.1%
Last 30 Days ▲ 5.1%
News Sentiment
Very Bullish
Bullish news 89%
Bearish news 11%
Bearish news 11%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.67%
12-Months-Change
Fundamentals
Return on Equity
3.01%
Trailing 12-Months
Asset Growth
2.36%
Trailing 12-Months
Company Description
International Business Machines Corporation
International Business Machines (IBM) is a global technology and consulting company focused on hybrid cloud and artificial intelligence. It provides software and platforms (including Red Hat’s open-source and cloud infrastructure software), IT consulting and systems integration services, and infrastructure offerings such as mainframes and related support. IBM serves enterprises and governments across industries, helping clients modernize applications and data, run and manage hybrid IT environments, and deploy AI and automation capabilities.
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
$255.78
▲(19.42% Upside)
Technical Analysis
Ownership Overview
0.09% Insiders
17.34% Mutual Funds
2.54% Other Institutional Investors
55.38% Public Companies and Individual Investors