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International Business Machines Corporation (IBM)

234.89 +0.18 (+0.08%)
At close: September 4 at 4:00:03 PM EDT
234.30 -0.59 (-0.25%)
After hours: 8:00:00 PM EDT
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What's happening with IBM?

9m ago
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IBM's recent performance shows mixed signals, particularly in its AI segment, where it stopped reporting cumulative wins. The company faces challenges in consulting revenue growth while maintaining a significant recurring software revenue base.

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  • Previous Close 234.71
  • Open 233.33
  • Bid 234.22 x 20000
  • Ask 235.00 x 20000
  • Day's Range 231.68 - 236.17
  • 52 Week Range 199.19 - 332.46
  • Volume 3,055,465
  • Avg. Volume 8,994,266
  • Market Cap (intraday) 221.298B
  • Beta (5Y Monthly) 0.71
  • PE Ratio (TTM) 20.84
  • EPS (TTM) 11.27
  • Earnings Date Oct 21, 2026
  • Forward Dividend & Yield 6.76 (2.88%)
  • Ex-Dividend Date Aug 10, 2026
  • 1y Target Est 245.35

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment delivers strategy and technology services and intelligent operations, providing business transformation, technology implementation, managed services, application modernization, and AI-powered solutions. The Infrastructure segment provides on-premises and cloud-based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, and facilitates IBM clients' acquisition of hardware, software, and services. It operates a data streaming platform. The company has strategic partnerships with various companies, including hyperscalers, service providers, global system integrators, and software and hardware vendors that include Adobe, Amazon Web Services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. It also has a strategic collaboration with Arm Holdings plc for the development of new dual-architecture hardware that helps enterprises run future AI and data intensive workloads; strategic partnership with three.ws to advance ai-powered 3d agent technology; and collaboration with Lightwell to help strengthen open source software supply chain. Additionally, it offers operational resilience, logistics, and future-ready technology to the UK Ministry of Defence through Team ORION. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

www.ibm.com

264,300

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

IBM
19.09%
S&P 500 (^GSPC)
12.75%

1-Year Return

IBM
2.50%
S&P 500 (^GSPC)
18.71%

3-Year Return

IBM
74.16%
S&P 500 (^GSPC)
70.93%

5-Year Return

IBM
113.14%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 17.16B
Earnings 2.17B
Profit Margin 12.62%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
5B
10B
15B
10.0%
15.0%
20.0%
25.0%

Analyst Insights

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Analyst Price Targets

174.00 Low
245.35 Average
234.89 Current
350.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/31/2026
Analyst Susquehanna
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 225 -> 235

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    15.52%

  • Return on Assets (ttm)

    5.30%

  • Return on Equity (ttm)

    34.46%

  • Revenue (ttm)

    69.09B

  • Net Income Avi to Common (ttm)

    10.71B

  • Diluted EPS (ttm)

    11.27

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    8.13B

  • Total Debt/Equity (mrq)

    188.97%

  • Levered Free Cash Flow (ttm)

    12.05B

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