Zacks Research Has Negative Estimate for IBM Q4 Earnings

International Business Machines Co. (NYSE:IBM - Free Report) - Stock analysts at Zacks Research decreased their Q4 2025 earnings per share (EPS) estimates for shares of International Business Machines in a research note issued on Tuesday, March 25th. Zacks Research analyst S. Bose now anticipates that the technology company will post earnings per share of $4.12 for the quarter, down from their prior forecast of $4.14. The consensus estimate for International Business Machines' current full-year earnings is $10.78 per share. Zacks Research also issued estimates for International Business Machines' Q4 2026 earnings at $3.97 EPS, FY2026 earnings at $11.30 EPS and FY2027 earnings at $11.88 EPS.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, January 29th. The technology company reported $3.92 EPS for the quarter, topping the consensus estimate of $3.77 by $0.15. International Business Machines had a net margin of 9.60% and a return on equity of 38.99%.

Several other equities analysts have also recently weighed in on IBM. BMO Capital Markets raised their price objective on International Business Machines from $260.00 to $280.00 and gave the company a "market perform" rating in a research note on Thursday, January 30th. Jefferies Financial Group raised their price target on shares of International Business Machines from $245.00 to $270.00 and gave the company a "hold" rating in a research report on Thursday, January 30th. Wedbush began coverage on shares of International Business Machines in a research report on Monday, February 3rd. They issued an "outperform" rating for the company. UBS Group lifted their target price on shares of International Business Machines from $150.00 to $160.00 and gave the stock a "sell" rating in a research report on Tuesday, January 14th. Finally, Morgan Stanley upped their target price on International Business Machines from $217.00 to $228.00 and gave the company an "equal weight" rating in a report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $231.44.

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International Business Machines Stock Down 1.0 %

Shares of International Business Machines stock traded down $2.38 on Friday, hitting $243.83. The company had a trading volume of 3,125,152 shares, compared to its average volume of 4,089,823. The stock has a market capitalization of $226.10 billion, a price-to-earnings ratio of 38.04, a P/E/G ratio of 5.81 and a beta of 0.74. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.04. International Business Machines has a 1 year low of $162.62 and a 1 year high of $266.45. The stock has a 50 day moving average of $249.51 and a 200-day moving average of $231.47.

Institutional Investors Weigh In On International Business Machines

Several institutional investors and hedge funds have recently bought and sold shares of IBM. Compass Financial Services Inc bought a new position in International Business Machines in the 4th quarter worth $26,000. Vision Financial Markets LLC bought a new position in International Business Machines in the fourth quarter worth about $31,000. Avondale Wealth Management lifted its holdings in International Business Machines by 56.0% in the fourth quarter. Avondale Wealth Management now owns 156 shares of the technology company's stock worth $34,000 after buying an additional 56 shares during the period. Valued Wealth Advisors LLC boosted its position in International Business Machines by 134.3% during the 4th quarter. Valued Wealth Advisors LLC now owns 157 shares of the technology company's stock valued at $35,000 after acquiring an additional 90 shares in the last quarter. Finally, Rialto Wealth Management LLC purchased a new position in shares of International Business Machines during the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 58.96% of the company's stock.

Insider Activity

In other news, SVP Robert David Thomas sold 26,543 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $253.01, for a total transaction of $6,715,644.43. Following the completion of the sale, the senior vice president now directly owns 45,007 shares in the company, valued at approximately $11,387,221.07. This represents a 37.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.18% of the company's stock.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Monday, February 10th were given a $1.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $6.68 annualized dividend and a yield of 2.74%. International Business Machines's payout ratio is currently 104.21%.

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.