International Business Machines (NYSE:IBM – Get Free Report) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $1.81 per share and revenue of $15.6014 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 22, 2026 at 5:00 PM ET.
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business had revenue of $19.69 billion for the quarter, compared to analyst estimates of $19.23 billion. During the same quarter in the previous year, the company earned $3.92 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. On average, analysts expect International Business Machines to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.
International Business Machines Stock Performance
NYSE IBM opened at $253.56 on Tuesday. International Business Machines has a 1-year low of $220.72 and a 1-year high of $324.90. The company has a market capitalization of $237.85 billion, a P/E ratio of 22.74, a PEG ratio of 2.65 and a beta of 0.69. The business has a 50 day moving average price of $248.17 and a 200 day moving average price of $281.65. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92.
International Business Machines Dividend Announcement
Insider Buying and Selling at International Business Machines
In other news, Director Michael Miebach bought 434 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the purchase, the director owned 434 shares of the company’s stock, valued at $101,265.22. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David N. Farr purchased 1,000 shares of the firm’s stock in a transaction on Friday, January 30th. The shares were purchased at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the purchase, the director directly owned 9,258 shares in the company, valued at $2,814,432. The trade was a 12.11% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 1,484 shares of company stock worth $417,157 over the last 90 days. Company insiders own 0.27% of the company’s stock.
Hedge Funds Weigh In On International Business Machines
Institutional investors and hedge funds have recently modified their holdings of the company. Blue Chip Partners LLC grew its stake in International Business Machines by 1.0% in the 3rd quarter. Blue Chip Partners LLC now owns 3,955 shares of the technology company’s stock worth $1,116,000 after acquiring an additional 40 shares during the period. Heritage Wealth Advisors lifted its stake in shares of International Business Machines by 1.1% during the 4th quarter. Heritage Wealth Advisors now owns 3,766 shares of the technology company’s stock worth $1,116,000 after purchasing an additional 41 shares during the period. Binnacle Investments Inc lifted its stake in shares of International Business Machines by 10.1% during the 2nd quarter. Binnacle Investments Inc now owns 468 shares of the technology company’s stock worth $138,000 after purchasing an additional 43 shares during the period. QTR Family Wealth LLC boosted its holdings in shares of International Business Machines by 3.3% during the fourth quarter. QTR Family Wealth LLC now owns 1,332 shares of the technology company’s stock worth $389,000 after purchasing an additional 43 shares during the last quarter. Finally, Sumitomo Life Insurance Co. grew its position in shares of International Business Machines by 0.9% in the fourth quarter. Sumitomo Life Insurance Co. now owns 5,002 shares of the technology company’s stock valued at $1,482,000 after purchasing an additional 44 shares during the period. Hedge funds and other institutional investors own 58.96% of the company’s stock.
Wall Street Analysts Forecast Growth
IBM has been the subject of a number of research analyst reports. DZ Bank upgraded International Business Machines to a “hold” rating in a research report on Wednesday, February 11th. Jefferies Financial Group decreased their price objective on shares of International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a research report on Monday. Erste Group Bank downgraded shares of International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Wedbush restated an “outperform” rating and set a $340.00 target price on shares of International Business Machines in a research report on Friday. Finally, Argus set a $360.00 price target on shares of International Business Machines in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and a consensus price target of $298.81.
International Business Machines News Summary
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: Major sell‑side bullishness: Evercore ISI added IBM to “Tactical Outperform” and reiterated a $345 price target, calling for a Q1 beat and higher 2026 revenue guidance — a clear near‑term positive for sentiment and target‑driven inflows. IBM Earnings On Deck Amid AI Software Risk Debate. Here’s What Wall Street Is Saying.
- Positive Sentiment: Analysts expect Q1 strength led by software: Jefferies sees steady overall growth with upside coming from the software segment (watsonx.ai, sovereign offerings), implying IBM could beat consensus software revenue forecasts. IBM seen reporting steady first quarter growth, software segment offers upside: Jefferies
- Positive Sentiment: AI + quantum narrative ratcheting up upside potential: Zacks highlights IBM among two AI‑quantum hyperscalers with analysts modeling 20%+ (up to ~38%) price upside as hyperscalers invest heavily in next‑gen infrastructure. This reinforces market enthusiasm for IBM’s strategic positioning. Top 2 AI-Quantum Hyperscalers to Watch in April With 20%+ Price Upside
- Positive Sentiment: New research and tech differentiation: IBM researchers published a promising AI training advancement (“mid‑training” step) that could improve model effectiveness — a product/tech edge that supports longer‑term revenue potential in AI software and services. IBM Reveals the Missing Step That Will Make AI Smarter
- Positive Sentiment: Multiple analysts flag Q1 beat potential from consulting and software tailwinds (AI, automation, defense IT deals, watsonx.ai deployments) — these topline drivers increase the odds of upside to estimates and guide revisions. Will Modest Consulting Revenue Improvement Aid IBM’s Q1 Earnings?
- Neutral Sentiment: CEO messaging signals urgency: CEO Arvind Krishna publicly warned that the bigger risk is “falling behind” in AI/quantum — a strategic push that’s positive for execution emphasis but doesn’t guarantee immediate financial impact. IBM CEO sends blunt message on AI and quantum computing
- Neutral Sentiment: Market calendar: IBM is squarely in the “earnings week” spotlight — heightened attention can amplify moves on beats/misses but is neutral until actual results and guidance are released. Earnings week ahead: TSLA, IBM, T, INTC, GE, BA, UNH, NOW, PM, CMCSA, and more
- Negative Sentiment: Lingering skepticism from last quarter: some investors punished IBM after the prior quarter’s reception; that caution could amplify downside on any Q1 miss or conservative guidance. Also note IBM remains below its 200‑day moving average, which can weigh on technical sentiment. Jim Cramer Says “You Like Quantum? IBM”
About International Business Machines
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Further Reading
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