FY2026 Earnings Estimate for IBM Issued By Erste Group Bank

International Business Machines Corporation (NYSE:IBM) – Equities research analysts at Erste Group Bank upped their FY2026 EPS estimates for shares of International Business Machines in a research report issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the technology company will post earnings of $12.30 per share for the year, up from their prior estimate of $12.27. The consensus estimate for International Business Machines’ current full-year earnings is $12.41 per share.

International Business Machines (NYSE:IBM) last announced its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.10. The company had revenue of $17.10 billion during the quarter, compared to the consensus estimate of $16.82 billion. The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.65 earnings per share.

Several other equities research analysts have also recently issued reports on IBM. Weiss Ratings raised International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. Barclays boosted their target price on International Business Machines from $262.00 to $277.00 and gave the stock an “overweight” rating in a research report on Thursday, October 22nd. Wall Street Zen raised International Business Machines from a “sell” rating to a “hold” rating in a research note on Saturday. Citic Securities raised their price target on International Business Machines from $294.00 to $297.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, BMO Capital Markets lifted their price objective on International Business Machines from $230.00 to $265.00 and gave the stock a “market perform” rating in a research note on Thursday, October 22nd. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $266.12.

International Business Machines Stock Performance

Shares of International Business Machines stock opened at $250.19 on Monday. The business has a 50-day moving average price of $233.86 and a 200-day moving average price of $250.68. International Business Machines has a twelve month low of $199.19 and a twelve month high of $332.46.

Institutional Trading of International Business Machines

Large investors have recently made changes to their positions in the business. Essential Investment Partners LLC bought a new stake in International Business Machines during the third quarter worth approximately $59,000. Redmond Asset Management LLC raised its position in International Business Machines by 16.2% during the third quarter. Redmond Asset Management LLC now owns 5,920 shares of the technology company’s stock valued at $1,302,000 after purchasing an additional 824 shares during the period. Pinnacle Wealth Planning Services Inc. raised its position in International Business Machines by 0.8% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 7,273 shares of the technology company’s stock valued at $1,599,000 after purchasing an additional 59 shares during the period. North Dakota State Investment Board raised its position in International Business Machines by 4.2% during the third quarter. North Dakota State Investment Board now owns 28,817 shares of the technology company’s stock valued at $6,338,000 after purchasing an additional 1,150 shares during the period. Finally, VestGen Advisors LLC lifted its stake in shares of International Business Machines by 7.6% in the 3rd quarter. VestGen Advisors LLC now owns 15,622 shares of the technology company’s stock valued at $3,436,000 after purchasing an additional 1,102 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at $11,009,296. This trade represents a 34.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.27% of the stock is owned by company insiders.

International Business Machines Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be given a dividend of $1.69 per share. The ex-dividend date is Tuesday, November 10th. This represents a $6.76 annualized dividend and a yield of 2.7%.

Trending Headlines about International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM expects free cash flow to increase by more than $1 billion in 2026, a potentially important catalyst for dividends, debt reduction, and shareholder returns. A $1 Billion Reason to Consider Buying the IBM Stock Dip
• Positive Sentiment: IBM introduced identity, access-control, and monitoring capabilities for enterprise AI agents. The offering addresses growing concerns about security, accountability, and governance as companies deploy autonomous software, potentially strengthening IBM’s hybrid-cloud and enterprise-AI positioning. IBM Introduces Identity and Control for AI Agents
• Positive Sentiment: Analysts and commentators continue to identify IBM’s quantum-computing research as a potential longer-term growth catalyst, while its software business and hybrid-cloud strategy provide the current operating foundation. IBM Continues to Plug Along, but Its Quantum Computing Bet Could Be the Real Catalyst
• Neutral Sentiment: IBM HashiCorp’s Terraform Self-Managed platform was validated for interoperability with Cohesity Data Cloud, improving cloud-application recovery after cyberattacks. The announcement supports IBM’s ecosystem but did not disclose a material financial commitment. Cohesity Data Cloud and IBM Terraform Interoperability
• Neutral Sentiment: IBM is listed among vendors serving the projected 20.2% compound-growth market for AI-driven drug-safety platforms, but the report does not announce a new IBM contract or revenue forecast. AI-Driven Drug Safety and Pharmacovigilance Platforms Market Report
• Negative Sentiment: IBM underperformed its competitors during the latest session, reflecting weaker relative investor demand despite its AI-related announcements. IBM Stock Underperforms Competitors
• Negative Sentiment: Susquehanna maintained a “Hold” rating, suggesting limited conviction that IBM’s current valuation and growth profile justify more bullish positioning. Susquehanna Remains a Hold on IBM

About International Business Machines

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.