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IBM Stock Chart & Stats
$253.47
-$2.19(-0.98%)
At close: 4:00 PM EST
$253.47
-$2.19(-0.98%)
Day’s Range― - ―
52-Week Range$212.34 - $332.46
Previous CloseN/A
Volume800.01K
Average Volume (3M)10.28M
Market Cap
$283.89B
Enterprise Value$305.56B
Total Cash (Recent Filing)$11.78B
Total Debt (Recent Filing)$69.80B
Price to Earnings (P/E)26.2
Beta0.79
Next Earnings
Jul 22, 2026EPS Estimate
3.01Next Dividend Ex-DateN/A
Dividend Yield2.21%
Share Statistics
EPS (TTM)11.51
Shares Outstanding939,885,250
10 Day Avg. Volume6,892,307
30 Day Avg. Volume10,275,332
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 Cap1.08
Enterprise Value/Revenue4.43
Enterprise Value/Gross Profit7.52
Enterprise Value/Ebitda17.33
Forecast
1Y Price Target
$302.94Price Target Upside19.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EPS Forecast (FY)12.45
Revenue Forecast (FY)$71.52B
Bulls Say, Bears Say
Bulls Say
Software & Hybrid‑Cloud Recurring RevenueIBM’s software ARR scale and accelerating software revenue establish durable, high‑margin recurring cash flows. A $24.6B ARR base and guidance for 10%+ software growth underpin predictable subscription revenue, sticky enterprise relationships, and multi-year platform monetization tied to hybrid cloud and AI.
Strong Cash GenerationConsistent, sizable free cash flow (~$13B TTM and strong Q1 flow) provides operational resilience and funds R&D, investments, and debt service. High cash conversion (FCF close to net income) supports reinvestment in AI/cloud initiatives and sustains shareholder returns despite capital intensity.
Large Strategic Investment & Product LeadershipA multi‑year $10B quantum commitment signals durable, strategic focus on a differentiated technology moat. Sustained R&D and ecosystem building deepen partnerships, product capabilities and potential long‑term revenue streams in a high‑barrier, emerging computing market.
Bears Say
Elevated LeverageHigh leverage (debt >2x equity) constrains financial flexibility and raises refinancing and interest risks if macro or earnings weaken. Even with strong cash flow, servicing large gross debt can limit discretionary investment, increase sensitivity to rate moves, and compress optionality over the medium term.
Modest Top‑Line GrowthRevenue has historically grown only modestly, limiting operating leverage potential. Even with margin gains, low organic topline growth makes long‑term EPS expansion reliant on buybacks, M&A or margin improvement, raising execution risk if growth initiatives underperform.
Near‑term Dilution And Investment HeadwindsM&A‑related dilution and simultaneously higher cash taxes, CapEx and net interest expense can weigh on free cash flow and margins in the medium term. Realizing synergies is necessary to offset dilution; failure or slower integration would impair anticipated earnings and cash conversion gains.
IBM FAQ
What was International Business Machines Corporation’s price range in the past 12 months?
International Business Machines Corporation lowest stock price was $212.34 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 $283.89B.
When is International Business Machines Corporation’s upcoming earnings report date?
International Business Machines Corporation’s upcoming earnings report date is Jul 22, 2026 which is in 13 days.
How were International Business Machines Corporation’s earnings last quarter?
International Business Machines Corporation released its earnings results on Apr 22, 2026. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.809 by $0.101.
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 2.21%. 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 3.01.
How many shares outstanding does International Business Machines Corporation have?
International Business Machines Corporation has 939,885,250 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 $1.91 in its last earnings report, beating expectations of $1.809. Following the earnings report the stock price went down -8.251%.
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
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$302.94 (19.52% Upside)
$302.94 (19.52% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 7.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.66%
12-Months-Change
Fundamentals
Return on Equity
35.54%
Trailing 12-Months
Asset Growth
7.25%
Trailing 12-Months
Company Description
International Business Machines Corporation
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrays a predominantly positive operational and financial performance: broad-based revenue growth (6%), strong software and data momentum (software +8%, data +16%, ARR +10%), record first-quarter free cash flow (+13%), and margin expansion (operating pretax margin +140 bps). Strategic moves (Confluent close, Red Hat/OpenShift scale, IBM Z AI capabilities, IBM Bob GA, quantum progress) reinforce the software-led, hybrid cloud and AI narrative. Near-term negatives are manageable: consulting margin softness, an expected low-single-digit decline in infrastructure revenue for the year, Confluent-related dilution (~$600M) and macro/supply chain uncertainties that prompted conservative guidance posture. On balance, the positive metrics, clear AI-driven demand tailwinds, and reiterated 5%+ revenue and ~$1B free cash flow growth guidance outweigh the listed challenges.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
All Analysts
Top Analysts
Average Price Target
$302.94
▲(19.52% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.09% Insiders
17.38% Mutual Funds
0.21% Other Institutional Investors
58.28% Public Companies and Individual Investors











