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IBM

International Business Machines Corporation

IBM

NYSE·Technology·Information Technology Services·Mkt cap $218.3B

$234.71

+1.30%

P/E

20.77

Mkt Cap

$218.3B

52-Wk Range

$199.19–$332.46

52-Week Range

$199.19 - $332.46

P/E

20.77

Fwd P/E

19.06

Beta

0.70

Div Yield

2.91%

Avg Vol

9.7M

Shares Out

939.9M

Mkt Cap

$218.3B

Price action

Price chart

Down 5.1% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Enterprise trust and mission-critical workload expertise across regulated industries
  • Red Hat acquisition providing leading open-source and hybrid cloud capabilities
  • Integrated solutions spanning software, consulting, infrastructure, and financing
  • Decades of experience in transaction processing and business-critical systems
  • Global scale with established customer relationships and recurring revenue streams

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Stable outlook

Hybrid cloud adoption and multi-cloud infrastructure demand

Value

Fairly valued vs Cloud Infrastructure (IaaS/PaaS) peers

Momentum

Falling

-24.2% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

2.91% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 21, 2026

Q3 26 RECAP

JUL 22, 2026

Reported EPS of $2.93 vs $2.93 consensus (0.0% surprise). Revenue of $17.2B vs $17.5B expected (-1.7%).

EPS beat 0.0%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

0.0%

Revenue trend · last 8Q

+1%

+1%

+8%

+9%

+12%

+9%

+1%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$15.0B

$17.6B

$14.5B

$17.0B

$16.3B

$19.7B

$15.9B

$17.2B

Margins · last 8Q

Gross

57.7%

Operating

6.8%

Profit

12.6%

Wall Street consensus

23 analysts · 61% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

14

61%

Hold

6

26%

Sell

3

13%

Median Price Target

Latest: Susquehanna · Aug 31, 2026

vs Industry

How IBM stacks vs Information Technology Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.