Brokers Issue Forecasts for International Business Machines Co.'s Q2 2026 Earnings (NYSE:IBM)

International Business Machines Co. (NYSE:IBM - Free Report) - Zacks Research upped their Q2 2026 EPS estimates for shares of International Business Machines in a research note issued on Monday, September 16th. Zacks Research analyst S. Bose now expects that the technology company will earn $3.06 per share for the quarter, up from their prior estimate of $2.92. The consensus estimate for International Business Machines' current full-year earnings is $10.10 per share. Zacks Research also issued estimates for International Business Machines' FY2026 earnings at $11.15 EPS.

A number of other analysts have also commented on the stock. Royal Bank of Canada upped their price objective on shares of International Business Machines from $200.00 to $211.00 and gave the company an "outperform" rating in a research note on Thursday, July 25th. The Goldman Sachs Group assumed coverage on shares of International Business Machines in a research note on Monday, June 24th. They set a "buy" rating and a $200.00 price objective for the company. Stifel Nicolaus upped their target price on International Business Machines from $190.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, July 25th. Evercore ISI upped their target price on International Business Machines from $215.00 to $240.00 and gave the company an "outperform" rating in a report on Wednesday, September 11th. Finally, Hsbc Global Res upgraded International Business Machines to a "moderate sell" rating in a report on Friday, July 26th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $188.60.

International Business Machines Trading Down 1.9 %

IBM stock traded down $4.17 during mid-day trading on Thursday, reaching $210.77. 2,318,592 shares of the stock traded hands, compared to its average volume of 4,219,073. The company has a current ratio of 1.12, a quick ratio of 1.08 and a debt-to-equity ratio of 2.20. International Business Machines has a 52-week low of $135.87 and a 52-week high of $218.84. The company has a market cap of $193.61 billion, a P/E ratio of 24.07, a P/E/G ratio of 4.67 and a beta of 0.70. The stock's fifty day moving average is $195.11 and its 200-day moving average is $184.00.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 24th. The technology company reported $2.43 EPS for the quarter, beating analysts' consensus estimates of $2.16 by $0.27. International Business Machines had a net margin of 13.52% and a return on equity of 40.59%. The company had revenue of $15.77 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same period in the prior year, the firm earned $2.18 earnings per share. The business's quarterly revenue was up 1.9% on a year-over-year basis.

Institutional Investors Weigh In On International Business Machines

Large investors have recently added to or reduced their stakes in the stock. FPC Investment Advisory Inc. bought a new stake in International Business Machines during the first quarter worth approximately $26,000. ESL Trust Services LLC bought a new stake in International Business Machines during the first quarter worth approximately $28,000. Creekmur Asset Management LLC bought a new stake in shares of International Business Machines in the fourth quarter valued at approximately $29,000. Ables Iannone Moore & Associates Inc. bought a new stake in shares of International Business Machines in the fourth quarter valued at approximately $31,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of International Business Machines in the second quarter valued at approximately $36,000. Institutional investors own 58.96% of the company's stock.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, August 9th were issued a $1.67 dividend. The ex-dividend date of this dividend was Friday, August 9th. This represents a $6.68 dividend on an annualized basis and a yield of 3.17%. International Business Machines's dividend payout ratio is currently 75.65%.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.