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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
$210.71B
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)12.31
Revenue Forecast (FY)$70.46B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow StrengthVery strong free cash flow generation and near‑full conversion of earnings into cash give IBM durable financial flexibility. High FCF supports debt servicing, capital investment (quantum, Lightwell), and steady shareholder returns while insulating the business from cyclical revenue swings.
Recurring Software / ARRA large, growing ARR base and ~80% recurring software mix create predictable revenue and improve margin sustainability. Recurring subscriptions reduce sensitivity to transactional cycles, enable higher lifetime value per customer, and support long‑term cash flow and planning.
Product Momentum & BacklogRecord distributed infrastructure growth and a sizable backlog indicate accelerating demand in newer product lines. Backlog provides near‑term revenue visibility, diversifies reliance on legacy mainframes, and supports sustained commercial momentum beyond transient quarters.
Bears Say
Elevated LeverageLeverage materially exceeds equity, limiting strategic optionality and increasing interest‑rate sensitivity. High debt constrains the pace of discretionary R&D or M&A, raises refinancing and covenant risk in adverse conditions, and amplifies earnings volatility during slower revenue periods.
Infrastructure & Transactional VolatilitySignificant weakness in transaction processing and infrastructure revenue shows the legacy hardware and transactional software businesses remain cyclical. That volatility undermines overall revenue stability and can compress gross margins when mix shifts toward lower‑margin or lumpy sales.
CapEx‑Timing Deal SlippageDependence on large, capex‑sensitive deals makes revenue vulnerable to customer procurement timing. When clients delay infrastructure spend, large contract slippage creates persistent quarter‑to‑quarter revenue uncertainty and can pressure margins despite productivity programs.
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 $210.71B.
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 74 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
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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
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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 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
$255.78
▲(19.42% Upside)
Technical Analysis
Ownership Overview
0.09% Insiders
17.34% Mutual Funds
3.68% Other Institutional Investors
55.07% Public Companies and Individual Investors