Q2 2026 Earnings Forecast for International Business Machines Co. Issued By Zacks Research (NYSE:IBM)

International Business Machines Co. (NYSE:IBM - Free Report) - Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for International Business Machines in a research note issued to investors on Monday, October 14th. Zacks Research analyst S. Bose now forecasts that the technology company will post earnings of $3.10 per share for the quarter, up from their previous estimate of $3.06. 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 $11.18 EPS.

Other research analysts have also recently issued reports about the stock. UBS Group boosted their price target on shares of International Business Machines from $130.00 to $145.00 and gave the stock a "sell" rating in a report on Wednesday, September 4th. Evercore ISI upped their price objective on International Business Machines from $215.00 to $240.00 and gave the company an "outperform" rating in a research note on Wednesday, September 11th. Hsbc Global Res upgraded International Business Machines to a "moderate sell" rating in a research note on Friday, July 26th. Bank of America increased their price target on shares of International Business Machines from $209.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, October 9th. Finally, Royal Bank of Canada boosted their target price on shares of International Business Machines from $211.00 to $250.00 and gave the company an "outperform" rating in a research note on Thursday, October 10th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $198.41.

International Business Machines Stock Down 1.0 %

Shares of International Business Machines stock traded down $2.30 on Tuesday, hitting $232.96. The company had a trading volume of 3,345,576 shares, compared to its average volume of 4,195,569. The stock has a 50 day moving average of $208.71 and a 200-day moving average of $187.93. International Business Machines has a 1 year low of $135.87 and a 1 year high of $237.37. The stock has a market capitalization of $214.00 billion, a price-to-earnings ratio of 26.81, a P/E/G ratio of 5.21 and a beta of 0.70. The company has a debt-to-equity ratio of 2.20, a quick ratio of 1.08 and a current ratio of 1.12.

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

Hedge Funds Weigh In On International Business Machines

Several hedge funds have recently bought and sold shares of IBM. Arden Trust Co increased its holdings in shares of International Business Machines by 2.8% in the first quarter. Arden Trust Co now owns 1,973 shares of the technology company's stock worth $377,000 after purchasing an additional 54 shares during the period. Armbruster Capital Management Inc. increased its stake in International Business Machines by 2.3% in the 2nd quarter. Armbruster Capital Management Inc. now owns 2,500 shares of the technology company's stock worth $432,000 after acquiring an additional 56 shares during the last quarter. Aspect Partners LLC raised its holdings in shares of International Business Machines by 11.2% in the 3rd quarter. Aspect Partners LLC now owns 554 shares of the technology company's stock valued at $122,000 after acquiring an additional 56 shares in the last quarter. CVA Family Office LLC boosted its position in shares of International Business Machines by 3.3% during the 2nd quarter. CVA Family Office LLC now owns 1,796 shares of the technology company's stock valued at $311,000 after acquiring an additional 57 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC grew its holdings in shares of International Business Machines by 5.1% during the second quarter. Mill Creek Capital Advisors LLC now owns 1,165 shares of the technology company's stock worth $201,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company's stock.

International Business Machines Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 9th were given a $1.67 dividend. The ex-dividend date was Friday, August 9th. This represents a $6.68 dividend on an annualized basis and a dividend yield of 2.87%. International Business Machines's dividend payout ratio (DPR) is currently 75.65%.

International Business Machines Company Profile

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.