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NYSE:IBM

International Business Machines (IBM) Stock Price, News & Analysis

International Business Machines logo
$223.02 +0.61 (+0.27%)
(As of 11/22/2024 ET)

About International Business Machines Stock (NYSE:IBM)

Key Stats

Today's Range
$220.90
$227.18
50-Day Range
$204.99
$235.26
52-Week Range
$153.92
$237.37
Volume
5.32 million shs
Average Volume
4.32 million shs
Market Capitalization
$206.21 billion
P/E Ratio
32.46
Dividend Yield
3.00%
Price Target
$208.12
Consensus Rating
Hold

Company Overview

IBM is a multinational technology corporation specializing in computer hardware, middleware and software. The company, headquartered in Armonk, New York, has a presence in over 175 countries and provides hosting and consulting services in various areas, from mainframe computers to nanotechnology. With 297,900 employees worldwide, IBM is consistently ranked among the world's largest employers and is one of 30 companies in the Dow Jones Industrial Average.

IBM's rich history dates back to 1911 as the Computing-Tabulating-Recording Company (CTR). Initially, the company was a holding company of manufacturers of record-keeping and measuring systems manufacturers. CTR soon became the leading manufacturer of punch-card systems, and in 1924, CTR changed its name to IBM. 

During the 1960s and 1970s, the IBM mainframe, powered by the System/360, was the preferred computing platform. During that early decade of computing, IBM produced 80% of computers in the U.S. and 70% worldwide. The company has held the record for the most annual U.S. patents generated by a business for 29 consecutive years, from 1993 to 2021. 

IBM has 19 research facilities across dozens of countries, making it the world's most significant industrial research organization. The company has been responsible for several technological innovations, including the dynamic random-access memory (DRAM), the automated teller machine (ATM), the hard disk drive, the floppy disk, the magnetic stripe card, the SQL programming language, the relational database and the UPC barcode. IBM employees continue to win recognition for their scientific achievements, including six Nobel Prizes and six Turing Awards. 

In the 1980s, IBM pioneered the multipurpose microcomputer, which set the standard for personal computers. However, the company began losing market dominance to emerging competitors, leading to downsizing operations and divestments. 

IBM operates in four distinct segments designed to provide comprehensive technological solutions to its clients. The first segment, software, offers innovative hybrid cloud platforms and software solutions that enable clients to automate, secure and modernize their data-driven environments efficiently. 

The consulting segment focuses on business transformation and technology implementation and offers a wide range of capabilities to help clients adapt to the fast-changing digital world. The infrastructure segment provides cutting-edge solutions for the hybrid cloud and is the foundation for the hybrid cloud stack, ensuring seamless integration and exceptional performance. 

Finally, the financing segment offers flexible financing solutions to clients who want to acquire information technology systems, software and services, making it easier and more affordable for them to access the latest and most advanced technological solutions.

IBM is the seventh-largest technology company by revenue and the 49th-largest overall. 

International Business Machines Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

IBM MarketRank™: 

International Business Machines scored higher than 91% of companies evaluated by MarketBeat, and ranked 91st out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    International Business Machines has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 6 buy ratings, 8 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    International Business Machines has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about International Business Machines' stock forecast and price target.
  • Earnings Growth

    Earnings for International Business Machines are expected to grow by 4.55% in the coming year, from $10.12 to $10.58 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of International Business Machines is 32.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of International Business Machines is 32.46, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 202.79.

  • Price to Earnings Growth Ratio

    International Business Machines has a PEG Ratio of 4.99. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    International Business Machines has a P/B Ratio of 8.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about International Business Machines' valuation and earnings.
  • Percentage of Shares Shorted

    2.27% of the outstanding shares of International Business Machines have been sold short.
  • Short Interest Ratio / Days to Cover

    International Business Machines has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in International Business Machines has recently decreased by 11.44%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    International Business Machines pays a meaningful dividend of 3.00%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    International Business Machines has been increasing its dividend for 29 years.

  • Dividend Coverage

    The dividend payout ratio of International Business Machines is 97.23%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, International Business Machines will have a dividend payout ratio of 63.14% next year. This indicates that International Business Machines will be able to sustain or increase its dividend.

  • Read more about International Business Machines' dividend.
  • Percentage of Shares Shorted

    2.27% of the outstanding shares of International Business Machines have been sold short.
  • Short Interest Ratio / Days to Cover

    International Business Machines has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in International Business Machines has recently decreased by 11.44%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    International Business Machines has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 68 news articles for International Business Machines this week, compared to 27 articles on an average week.
  • Search Interest

    Only 152 people have searched for IBM on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
  • MarketBeat Follows

    Only 77 people have added International Business Machines to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, International Business Machines insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $774,720.00 in company stock.

  • Percentage Held by Insiders

    Only 0.07% of the stock of International Business Machines is held by insiders.

  • Percentage Held by Institutions

    58.96% of the stock of International Business Machines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about International Business Machines' insider trading history.
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IBM Stock News Headlines

New York, USA - 2 March 2021: Coursera mobile app icon on phone screen, Illustrative Editorial - Stock Editorial Photography
2 Online Educational Platforms Staging a Turnaround (IBM)
Udemy and Coursera are turning around with AI-powered features and growing demand for upskilling, offering growth potential for investors in education stocks.
50-year Wall Street legend: “Sell this tech stock NOW”
Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies.
Financial markets news icon
MarketBeat Week in Review – 10/28 - 11/1 (IBM)
Stocks staged a strong rally on Friday following a steep sell-off; a weak jobs report all but guarantees a rate cut which adds to bullish sentiment
The IBM logo is seen on the top of the IBM Romania headquarter building
IBM Stock Has Never Looked So Exciting (IBM)
Backing up the bullish outlook from the leadership team is The Royal Bank of Canada, who reiterated its Outperform rating on IBM stock last week.
This IBM Insider Just Bought Shares, Should You?
See More Headlines

IBM Stock Analysis - Frequently Asked Questions

International Business Machines' stock was trading at $163.55 at the start of the year. Since then, IBM shares have increased by 36.4% and is now trading at $223.0150.
View the best growth stocks for 2024 here
.

International Business Machines Co. (NYSE:IBM) released its quarterly earnings data on Wednesday, October, 23rd. The technology company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.03. The firm's quarterly revenue was up 1.5% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of International Business Machines: Neudesic, Sentaca, Envizi, SXiQ, ReaQta, McD Tech Labs, Bluetab Solutions, and more.

International Business Machines' top institutional shareholders include State Street Corp (6.02%), Geode Capital Management LLC (2.22%), UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.80%) and Charles Schwab Investment Management Inc. (0.71%). Insiders that own company stock include Business Machine International, Nickle Jaclyn Lamoreaux, Bene Robert F Del, David N Farr and Michelle J Howard.
View institutional ownership trends
.

Shares of IBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that International Business Machines investors own include Chevron (CVX), NVIDIA (NVDA), Meta Platforms (META), Exxon Mobil (XOM), Walmart (WMT), Tesla (TSLA) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 9/10 Dividend
8/09/2024
Dividend Payable
9/10/2024
Last Earnings
10/23/2024
Ex-Dividend for 12/10 Dividend
11/12/2024
Today
11/23/2024
Dividend Payable
12/10/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/22/2025

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
IT Consulting & Other Services
CUSIP
45920010
Employees
305,300
Year Founded
1911

Price Target and Rating

Average Stock Price Target
$208.12
High Stock Price Target
$260.00
Low Stock Price Target
$143.00
Potential Upside/Downside
-6.7%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
17 Analysts

Profitability

Net Income
$7.50 billion
Pretax Margin
9.99%

Debt

Sales & Book Value

Annual Sales
$62.58 billion
Cash Flow
$15.41 per share
Book Value
$26.53 per share

Miscellaneous

Free Float
923,998,000
Market Cap
$206.21 billion
Optionable
Optionable
Beta
0.71

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This page (NYSE:IBM) was last updated on 11/23/2024 by MarketBeat.com Staff
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