International Business Machines Corporation (IBM)

US — Technology Sector
Peers: CSCO  ACN  SAP  CRM  MU  INFY  WIT  III  MGIC  EPAM 

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Key Metrics & Ratings

  • symbol IBM
  • Rev/Share 72.1143
  • Book/Share 34.961
  • PB 9.028
  • Debt/Equity 1.9789
  • CurrentRatio 0.9557
  • ROIC 0.0878

 

  • MktCap 294189211384.0
  • FreeCF/Share 14.0876
  • PFCF 22.2989
  • PE 27.8245
  • Debt/Assets 0.4254
  • DivYield 0.0213
  • ROE 0.3686

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated IBM Evercore ISI -- Outperform $315 $330 Jan. 20, 2026
Upgrade IBM Jefferies Hold Buy -- $360 Jan. 5, 2026
Upgrade IBM Erste Group Hold Buy -- -- Dec. 5, 2025
Initiation IBM Oppenheimer -- Outperform -- $360 Nov. 21, 2025
Initiation IBM Bernstein -- Market Perform -- $280 Sept. 16, 2025
Downgrade IBM Erste Group Buy Hold -- -- Aug. 14, 2025
Initiation IBM Oppenheimer -- Outperform -- $320 Feb. 11, 2025
Resumed IBM Wedbush -- Outperform -- -- Feb. 3, 2025
Downgrade IBM DZ Bank Buy Hold -- $215 Oct. 2, 2024

News

ETFs to Watch as IBM Shares Jump Following Q4 Earnings Beat
IBM
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

IBM shares jump after a Q4 earnings beat and upbeat outlook, prompting ETF investors to eye funds with heavy exposure to the tech giant.

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image for news ETFs to Watch as IBM Shares Jump Following Q4 Earnings Beat
Can IBM's Lucrative Federal Contracts Boost Its Future Growth?
IBM
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

International Business Machines lands UK defence deal to unify 17 legacy systems into an AI-driven platform, boosting efficiency and long-term savings.

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image for news Can IBM's Lucrative Federal Contracts Boost Its Future Growth?
Unlocking IBM (IBM) International Revenues: Trends, Surprises, and Prospects
IBM
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Evaluate IBM's (IBM) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

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image for news Unlocking IBM (IBM) International Revenues: Trends, Surprises, and Prospects
Investors Heavily Search International Business Machines Corporation (IBM): Here is What You Need to Know
IBM
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching IBM (IBM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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image for news Investors Heavily Search International Business Machines Corporation (IBM): Here is What You Need to Know
IBM Q4 Earnings Surpass Estimates on Strong Cloud and AI Momentum
IBM
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Positive

International Business Machines tops Q4 estimates as software growth from hybrid cloud, watsonx AI and Red Hat lifts revenues, margins and profit despite macro uncertainty.

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image for news IBM Q4 Earnings Surpass Estimates on Strong Cloud and AI Momentum
Unlocking Q4 Potential of IBM (IBM): Exploring Wall Street Estimates for Key Metrics
IBM
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of IBM (IBM) for the quarter ended December 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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image for news Unlocking Q4 Potential of IBM (IBM): Exploring Wall Street Estimates for Key Metrics
IBM Q4 Earnings Preview: Expecting Strong Numbers Of Reformed Business
IBM
Published: January 23, 2026 by: Seeking Alpha
Sentiment: Neutral

International Business Machines Corporation demonstrates robust growth across all segments in 2025, driven by AI-fueled demand in Software, Consulting, and Infrastructure. Management raised full-year free cash flow guidance to $14B, with year-to-date FCF up from $6.6B to $7.2B, reflecting improved operating leverage. Segment durability and essential use cases mitigate prior concerns about government spending cuts and macro risks, supporting a higher intrinsic valuation.

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image for news IBM Q4 Earnings Preview: Expecting Strong Numbers Of Reformed Business
IBM software growth seen reaccelerating ahead of earnings: Jefferies
IBM
Published: January 22, 2026 by: Proactive Investors
Sentiment: Positive

International Business Machines Corp (NYSE:IBM) is positioned for a potential reacceleration in software growth and upward estimate revisions in 2026, according to Jefferies analysts. In a note ahead of IBM's earnings report, due on January 28, the firm reiterated a ‘Buy' rating on the stock.

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image for news IBM software growth seen reaccelerating ahead of earnings: Jefferies
Will Healthy Consulting Revenue Growth Benefit IBM's Q4 Earnings?
IBM
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Positive

IBM's Q4 may get a lift from healthy Consulting revenue growth fueled by AI-driven tools and a key Microsoft partnership.

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image for news Will Healthy Consulting Revenue Growth Benefit IBM's Q4 Earnings?
Will Relatively Higher Software Revenues Aid IBM's Earnings in Q4?
IBM
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Positive

IBM's Q4 Software revenues are likely to have risen on watsonx.ai momentum, AI partnerships and the Confluent acquisition.

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image for news Will Relatively Higher Software Revenues Aid IBM's Earnings in Q4?
Final Trades: IBM, Alibaba, Nu Holdings and the IYH
BABA, IBM, IYH, NU
Published: January 21, 2026 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half.

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image for news Final Trades: IBM, Alibaba, Nu Holdings and the IYH
IBM CEO Arvind Krishna: We absorbed tariffs instead of passing them on to our clients
IBM
Published: January 21, 2026 by: CNBC Television
Sentiment: Neutral

Arvind Krishna, CEO of IBM, joins 'Money Movers' to discuss geopolitics, artificial intelligence, and more.

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image for news IBM CEO Arvind Krishna: We absorbed tariffs instead of passing them on to our clients
Here's How Not To Invest $100,000 In 2026
ARE, BTI, CAG, DOW, ECC, IBM, NEE, SCHD
Published: January 21, 2026 by: Seeking Alpha
Sentiment: Neutral

Retail investors repeatedly make avoidable mistakes that erode returns, especially in dividend investing. Before asking how to invest $100,000, let's look at how not to. Here are 5 blunders that you should avoid.

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image for news Here's How Not To Invest $100,000 In 2026
IBM Was 'Boring' - It's Now An AI Growth Machine
IBM
Published: January 21, 2026 by: Seeking Alpha
Sentiment: Neutral

IBM is executing a strategic pivot from LLM competition to AI platform and data orchestration, targeting higher-margin enterprise IT budgets. Recent acquisitions, including Confluent, are expected to be accretive to adjusted EBITDA within a year and free cash flow in year two. IBM is on track for its fourth consecutive year of >5% free cash flow growth, with management guiding toward ~$14B in 2025.

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image for news IBM Was 'Boring' - It's Now An AI Growth Machine
IBM Q4 Earnings Loom: Buy, Sell or Hold the Stock Ahead of Results?
IBM
Published: January 21, 2026 by: Zacks Investment Research
Sentiment: Positive

IBM gears up for Q4 earnings with AI and cloud momentum, but premium valuation and stiff competition weigh on the outlook.

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image for news IBM Q4 Earnings Loom: Buy, Sell or Hold the Stock Ahead of Results?
Are These 2 Dividend Stocks Bargains Yet?
IBM, SBUX
Published: January 20, 2026 by: 24/7 Wall Street
Sentiment: Positive

With increased volatility could come an opportunity to pick up a steady dividend stock at a slightly lower price and perhaps a few more basis points of yield.

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image for news Are These 2 Dividend Stocks Bargains Yet?
Can IBM's Agentic AI Collaboration With e& Boost Its Global Lead?
IBM
Published: January 20, 2026 by: Zacks Investment Research
Sentiment: Positive

International Business Machines teams up with e& to launch enterprise-grade agentic AI for compliance, policy, and risk, powered by watsonx Orchestrate.

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image for news Can IBM's Agentic AI Collaboration With e& Boost Its Global Lead?
Can IBM's Focus on the Infrastructure Segment Aid the Stock?
IBM
Published: January 19, 2026 by: Zacks Investment Research
Sentiment: Positive

IBM's Infrastructure segment profit jumped 53% as AI, hybrid cloud and z17 demand fuel stronger enterprise adoption.

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image for news Can IBM's Focus on the Infrastructure Segment Aid the Stock?
Confluent Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Confluent, Inc. - CFLT
CFLT, IBM
Published: January 16, 2026 by: PRNewsWire
Sentiment: Neutral

NEW YORK and NEW ORLEANS, Jan. 16, 2026 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

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image for news Confluent Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Confluent, Inc. - CFLT
Can IBM's Sovereign Core Software Launch Boost Its Shares?
IBM
Published: January 16, 2026 by: Zacks Investment Research
Sentiment: Positive

International Business Machines unveils Sovereign Core, an AI-ready platform helping organizations run secure, compliant, self-controlled AI and IT environments.

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image for news Can IBM's Sovereign Core Software Launch Boost Its Shares?
4 Stocks to Watch From a Prospering Technology Solutions Industry
AMD, IBM, MU, STX
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Positive

Amid supply-chain woes, Computer - Integrated Systems players like MU, AMD, IBM and STX benefit from the demand for integrated solutions and multi-cloud model adoption.

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image for news 4 Stocks to Watch From a Prospering Technology Solutions Industry
IBM vs. MSFT: Which Cloud & AI Tech Giant is a Better Buy?
IBM, MSFT
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

Microsoft's AI edge and stronger growth outlook give it an edge over IBM, despite the latter's stronger valuation and stock gains.

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image for news IBM vs. MSFT: Which Cloud & AI Tech Giant is a Better Buy?
IBM to Announce Fourth-Quarter 2025 Financial Results
IBM
Published: January 14, 2026 by: PRNewsWire
Sentiment: Neutral

ARMONK, N.Y., Jan. 14, 2026 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its fourth-quarter 2025 financial results on Wednesday, January 28, 2026 at 5:00 p.m.

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image for news IBM to Announce Fourth-Quarter 2025 Financial Results
IBM's Edge AI Expansion With Datavault AI: Will it Boost Profits?
IBM
Published: January 12, 2026 by: Zacks Investment Research
Sentiment: Positive

International Business Machines extended its collaboration with Datavault AI to deliver secure, ultra-low-latency enterprise AI at the edge with watsonx-powered zero-trust micro data centers.

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image for news IBM's Edge AI Expansion With Datavault AI: Will it Boost Profits?
IBM-NRF Study: Brands and Retailers Navigate a New Reality as AI Shapes Consumer Decisions Before Shopping Begins
IBM
Published: January 07, 2026 by: PRNewsWire
Sentiment: Neutral

The following article is authored by Dee Waddell, Global Head of Consumer, Travel & Transportation Industries, IBM Consulting. ARMONK, N.Y.

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image for news IBM-NRF Study: Brands and Retailers Navigate a New Reality as AI Shapes Consumer Decisions Before Shopping Begins
International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know
IBM
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

IBM (IBM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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image for news International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know
IBM Gains 33% in a Year: Is it Worth Investing in the Stock Now?
IBM
Published: January 02, 2026 by: Zacks Investment Research
Sentiment: Positive

International Business Machines Corporation IBM has surged 33% over the past year compared with the industry's growth of 79.1%, driven by a strong demand for hybrid cloud and artificial intelligence (AI) products. The stock has outperformed peers like Microsoft Corporation MSFT and Amazon.com, Inc. AMZN.

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image for news IBM Gains 33% in a Year: Is it Worth Investing in the Stock Now?
Best Dividend Aristocrats For January 2026
ABBV, ABT, ADM, ADP, AFL, ALB, AMCR, AOS, APD, ATO, BDX, BEN, BRO, CAH, CAT, CB, CHD, CHRW, CINF, CL, CLX, CTAS, CVX, DOV, ECL, BF-A, BF-B, ED, EMR, ERIE, ES, ESS, EXPD, FAST, FDS, FRT, GD, GPC, GWW, HRL, IBM, ITW, JNJ, KMB, KO, KVUE, LIN, LOW, MCD, MDT, MKC, NDSN, NEE, NOBL, NUE, O, PEP, PG, PNR, PPG, ROP, SHW, SJM, SPGI, SPY, SWK, SYY, TGT, TROW, WMT, WST, XOM
Published: December 31, 2025 by: Seeking Alpha
Sentiment: Positive

The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) underperformed SPY in 2025, gaining 7.2% versus SPY's 18.42%. Despite average underperformance, select Aristocrats like CAH (+74.18%), ALB (+66.90%), and CHRW (+61.22%) delivered strong double-digit returns. Dividend growth for the Aristocrats slowed to 5.52% in 2025, down from 5.78% in 2024, with 68 of 69 raising payouts.

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image for news Best Dividend Aristocrats For January 2026
Louis Gerstner Jr., Former CEO Who Transformed IBM, Dies at 83
IBM
Published: December 29, 2025 by: WSJ
Sentiment: Neutral

The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.

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image for news Louis Gerstner Jr., Former CEO Who Transformed IBM, Dies at 83
Top 5 High-Yield S&P 500 Stocks to Buy for 2026
ADI, GAP, HPE, IBM, JNJ
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

High-yield S&P 500 stocks are gaining traction for 2026 as AI investment accelerates and investors seek income amid trade and geopolitical uncertainty.

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image for news Top 5 High-Yield S&P 500 Stocks to Buy for 2026

About International Business Machines Corporation (IBM)

  • IPO Date 1915-09-24
  • Website https://www.ibm.com
  • Industry Information Technology Services
  • CEO Arvind Krishna
  • Employees 270300

International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.