Zacks Research Issues Optimistic Forecast for IBM Earnings

International Business Machines Co. (NYSE:IBM - Free Report) - Zacks Research lifted their FY2025 earnings estimates for International Business Machines in a note issued to investors on Wednesday, November 13th. Zacks Research analyst S. Bose now forecasts that the technology company will post earnings per share of $10.47 for the year, up from their prior estimate of $10.34. The consensus estimate for International Business Machines' current full-year earnings is $10.12 per share. Zacks Research also issued estimates for International Business Machines' Q4 2025 earnings at $3.86 EPS and Q3 2026 earnings at $2.72 EPS.

Other equities research analysts also recently issued reports about the company. Bernstein Bank increased their price target on International Business Machines from $185.00 to $210.00 and gave the stock a "market perform" rating in a report on Thursday, October 3rd. BMO Capital Markets boosted their price target on shares of International Business Machines from $235.00 to $260.00 and gave the stock a "market perform" rating in a research note on Thursday, October 24th. Hsbc Global Res raised International Business Machines to a "moderate sell" rating in a report on Friday, July 26th. StockNews.com raised International Business Machines from a "hold" rating to a "buy" rating in a research note on Tuesday, November 12th. Finally, Stifel Nicolaus upped their price objective on International Business Machines from $205.00 to $246.00 and gave the stock a "buy" rating in a report on Wednesday, October 16th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $208.12.

International Business Machines Stock Performance

IBM traded up $3.10 on Monday, hitting $208.09. 3,367,266 shares of the company traded hands, compared to its average volume of 4,233,470. The company has a 50 day moving average of $218.79 and a 200-day moving average of $193.88. International Business Machines has a 12-month low of $152.35 and a 12-month high of $237.37. The stock has a market capitalization of $192.41 billion, a PE ratio of 30.06, a PEG ratio of 4.60 and a beta of 0.71. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 2.16.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The technology company reported $2.30 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.03. International Business Machines had a net margin of 10.22% and a return on equity of 40.52%. The company had revenue of $14.97 billion for the quarter, compared to analyst estimates of $15.08 billion. During the same period in the previous year, the business posted $2.20 earnings per share. International Business Machines's quarterly revenue was up 1.5% on a year-over-year basis.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 12th will be paid a dividend of $1.67 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $6.68 annualized dividend and a dividend yield of 3.21%. International Business Machines's dividend payout ratio is currently 97.23%.

Insider Activity

In other International Business Machines news, SVP Nickle Jaclyn Lamoreaux sold 3,600 shares of the business's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $215.20, for a total value of $774,720.00. Following the completion of the transaction, the senior vice president now directly owns 25,390 shares in the company, valued at approximately $5,463,928. The trade was a 12.42 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.07% of the company's stock.

Institutional Investors Weigh In On International Business Machines

Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC raised its position in shares of International Business Machines by 20,324.5% in the 3rd quarter. International Assets Investment Management LLC now owns 2,715,636 shares of the technology company's stock worth $600,373,000 after buying an additional 2,702,340 shares during the period. Holocene Advisors LP purchased a new position in shares of International Business Machines in the 3rd quarter worth about $573,306,000. Price T Rowe Associates Inc. MD lifted its stake in shares of International Business Machines by 151.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,515,666 shares of the technology company's stock valued at $671,352,000 after purchasing an additional 2,118,165 shares in the last quarter. State Street Corp grew its holdings in shares of International Business Machines by 2.2% during the 3rd quarter. State Street Corp now owns 55,671,883 shares of the technology company's stock worth $12,307,940,000 after purchasing an additional 1,200,803 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in International Business Machines by 306.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,401,798 shares of the technology company's stock worth $242,441,000 after purchasing an additional 1,056,759 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company's stock.

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.