S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSE:IBM

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

$181.25
-1.02 (-0.56%)
(As of 04/15/2024 ET)
Today's Range
$180.88
$187.48
50-Day Range
$179.73
$197.78
52-Week Range
$120.55
$199.18
Volume
3.53 million shs
Average Volume
4.86 million shs
Market Capitalization
$166.16 billion
P/E Ratio
22.29
Dividend Yield
3.66%
Price Target
$178.08

International Business Machines MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.7% Downside
$178.08 Price Target
Short Interest
Healthy
2.54% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.75
Upright™ Environmental Score
News Sentiment
0.67mentions of International Business Machines in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.06%
From $10.07 to $10.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Computer And Technology Sector

138th out of 592 stocks

Computer & Office Equipment Industry

7th out of 13 stocks

IBM stock logo

About International Business Machines Stock (NYSE:IBM)

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. 

IBM Stock Price History

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Company Calendar

Last Earnings
1/24/2024
Ex-Dividend for 3/9 Dividend
2/08/2024
Dividend Payable
3/09/2024
Today
4/15/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

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
$178.08
High Stock Price Target
$220.00
Low Stock Price Target
$130.00
Potential Upside/Downside
-1.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$7.50 billion
Pretax Margin
14.05%

Debt

Sales & Book Value

Annual Sales
$61.86 billion
Cash Flow
$14.44 per share
Book Value
$24.76 per share

Miscellaneous

Free Float
916,103,000
Market Cap
$166.16 billion
Optionable
Optionable
Beta
0.70

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Key Executives

  • Mr. Arvind KrishnaMr. Arvind Krishna (Age 61)
    CEO & Chairman of the Board
    Comp: $5.55M
  • Mr. Gary D. Cohn (Age 63)
    Executive Vice Chairman
    Comp: $3.22M
  • Mr. James J. KavanaughMr. James J. Kavanaugh (Age 57)
    Senior VP & CFO
    Comp: $3.02M
  • Ms. Michelle H. Browdy (Age 59)
    Senior VP of Legal & Regulatory Affairs and General Counsel
    Comp: $2.61M
  • Mr. Robert D. Thomas (Age 49)
    Senior VP of Software & Chief Commercial Officer
    Comp: $2.79M
  • Ms. Joanne Wright
    Senior Vice President of Transformation & Operations
  • Mr. Alexander Franz Stern (Age 58)
    Senior VP of Strategy, M&A, Corporate Development and Investor Relations
  • Mr. Jonathan H. Adashek
    Senior VP of Marketing & Communications and Chief Communications Officer
  • Ms. Nickle Jaclyn LaMoreaux (Age 44)
    Senior VP & Chief Human Resources Officer
  • Dr. Bernard S. Meyerson Ph.D.
    Chief Innovation Officer Emeritus

Should I Buy International Business Machines Stock? IBM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in International Business Machines Co.:

  • International Business Machines Co. has a market cap of $174.01 billion, indicating its size and stability in the market.
  • Recent analyst reports have raised target prices and ratings for IBM, suggesting positive growth potential.
  • IBM's stock price has shown resilience, trading at $189.81 with a 1-year high of $199.18, indicating a stable performance.
  • Institutional investors and hedge funds have been increasing their stakes in IBM, showing confidence in the company's future prospects.
  • IBM reported $3.87 EPS for the last quarter, beating the consensus estimate and demonstrating strong financial performance.

Cons

Investors should be bearish about investing in International Business Machines Co. for these reasons:

  • IBM's PEG ratio of 3.74 may indicate that the stock is overvalued compared to its earnings growth potential.
  • The company's debt-to-equity ratio of 2.22 suggests a relatively high level of debt, which could pose risks in uncertain economic conditions.
  • IBM's beta of 0.70 indicates lower volatility compared to the market, potentially limiting short-term gains for investors.
  • While institutional ownership is high at 58.96%, it may lead to slower price movements due to fewer retail investors actively trading the stock.
  • IBM's quick ratio of 0.93 and current ratio of 0.96 may raise concerns about its short-term liquidity and ability to cover immediate financial obligations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these International Business Machines pros and cons to contact@marketbeat.com.

IBM Stock Analysis - Frequently Asked Questions

Should I buy or sell International Business Machines stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IBM, but not buy additional shares or sell existing shares.
View IBM analyst ratings
or view top-rated stocks.

What is International Business Machines' stock price target for 2024?

12 analysts have issued 12-month price targets for International Business Machines' shares. Their IBM share price targets range from $130.00 to $220.00. On average, they predict the company's stock price to reach $178.08 in the next year. This suggests that the stock has a possible downside of 1.7%.
View analysts price targets for IBM
or view top-rated stocks among Wall Street analysts.

How have IBM shares performed in 2024?

International Business Machines' stock was trading at $163.55 on January 1st, 2024. Since then, IBM stock has increased by 10.8% and is now trading at $181.25.
View the best growth stocks for 2024 here
.

Are investors shorting International Business Machines?

International Business Machines saw a increase in short interest in March. As of March 15th, there was short interest totaling 23,330,000 shares, an increase of 6.0% from the February 29th total of 22,000,000 shares. Based on an average daily volume of 5,020,000 shares, the days-to-cover ratio is currently 4.6 days.
View International Business Machines' Short Interest
.

When is International Business Machines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our IBM earnings forecast
.

How can I listen to International Business Machines' earnings call?

International Business Machines will be holding an earnings conference call on Wednesday, April 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were International Business Machines' earnings last quarter?

International Business Machines Co. (NYSE:IBM) posted its earnings results on Wednesday, January, 24th. The technology company reported $3.87 EPS for the quarter, topping the consensus estimate of $3.78 by $0.09. The technology company earned $17.38 billion during the quarter, compared to the consensus estimate of $17.29 billion. International Business Machines had a net margin of 12.13% and a trailing twelve-month return on equity of 39.55%. The firm's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.60 EPS.
Read the conference call transcript
.

How often does International Business Machines pay dividends? What is the dividend yield for International Business Machines?

International Business Machines declared a quarterly dividend on Tuesday, January 30th. Shareholders of record on Friday, February 9th will be given a dividend of $1.66 per share on Saturday, March 9th. This represents a $6.64 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for IBM
.

Is International Business Machines a good dividend stock?

International Business Machines (NYSE:IBM) pays an annual dividend of $6.64 per share and currently has a dividend yield of 3.64%. The company has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 81.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IBM will have a dividend payout ratio of 62.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IBM.

What is Arvind Krishna's approval rating as International Business Machines' CEO?

1,935 employees have rated International Business Machines Chief Executive Officer Arvind Krishna on Glassdoor.com. Arvind Krishna has an approval rating of 88% among the company's employees.

What other stocks do shareholders of International Business Machines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other International Business Machines investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), NVIDIA (NVDA), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM) and Pfizer (PFE).

Who are International Business Machines' major shareholders?

International Business Machines' stock is owned by many different retail and institutional investors. Top institutional investors include IMC Chicago LLC (0.00%), Meyer Handelman Co. (0.04%), Welch Group LLC (0.04%), Douglas Lane & Associates LLC (0.03%), Los Angeles Capital Management LLC (0.02%) and Daymark Wealth Partners LLC (0.02%). Insiders that own company stock include Bene Robert F Del, Business Machine International, David N Farr and Michelle J Howard.
View institutional ownership trends
.

How do I buy shares of International Business Machines?

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.

Does International Business Machines have any subsidiaries?
The following companies are subsidiares of International Business Machines: 7Summits, ACCESS360, ARGUS Semiconductor Software, Agile 3 Solutions, Agile 3 Solutions LLC, AlchemyAPI, Algorithmics, AlphaBlox, Aperto, AptSoft, Armanta, Armanta Inc., Arsenal Digital Solutions, Ascential Software, Aspera, BLADE Network Technologies, Banco IBM S.A., BigFix, Blekko, Blue Box, Bluetab Solutions, Bluewolf, Bowstreet, BoxBoat, BuildForge, Butterfly Software, CIMS Lab, CSL International, Candle, Candle Corporation, Cast Iron Systems, Catalogic ECX, Cibecs, Clarity Systems, Clearleap, Cleversafe, Cloudant, Cloudigo, Cognea, Cognos, Collation, Compagnie IBM France S.A.S., Companhia IBM Portuguesa S.A., Compose, Consul Risk Management International, Coremetrics, Corio, CrossAccess, CrossIdeas, CrossWorlds Software, Cyanea Systems, Cúram Software, DWL, Daeja Image Systems, Daksh Infosoft, Daksh eServices, Dascom, DataMirror, DataPower Technology, Datacap, Dehomag, DemandTec, EADS Matra Datavision, EZSource, Ecx.io, Emptoris, Encentuate, Envizi, Equitant, Exeros, Expert Personal Shopper (XPS), Expertus Technologies, Explorys, Fiberlink, FileNet Corporation, FilesX, Global Value Solutions, Gluecode Software, Gravitant, Green Hat, Green Pasture Software, Guardium, HOLOSOFX, IBM (China) Co. Ltd., IBM (China) Investment Company Limited, IBM (International Business Machines) Turk Limited Sirketi, IBM Argentina Sociedad de Responsabilidad Limitada, IBM Australia Limited, IBM Bahamas Limited, IBM Bangladesh Private Limited, IBM Belgium Financial Services Company sprl/bvba, IBM Brasil—Industria Maquinas e Servicos Limitada, IBM Bulgaria Ltd., IBM Burkina Faso SARL, IBM Business Transformation Center S.r.l., IBM CAPITAL MALAYSIA SDN. BHD., IBM CAPITAL SINGAPORE PTE. LTD., IBM Canada Limited—IBM Canada Limitee, IBM Capital (Thailand) Company Limited, IBM Capital Italia S.r.l., IBM Capital Mexico I S. de R.L. de C.V., IBM Capital Peru S.A.C., IBM Ceska Republika spol. s.r.o., IBM China/Hong Kong Limited, IBM Congo SARL, IBM Credit LLC, IBM Croatia Ltd./IBM Hrvatska d.o.o., IBM Danmark ApS, IBM Deutschland GmbH, IBM Deutschland Kreditbank GmbH, IBM East Africa Limited, IBM East Europe/Asia Ltd., IBM Eesti Osauhing (IBM Estonia Ou), IBM Egypt Business Support Services, IBM Finans Norge AS, IBM France Financement SAS, IBM Global Financing Australia Limited, IBM Global Financing Canada Corporation, IBM Global Financing Danmark ApS, IBM Global Financing Deutschland GmbH, IBM Global Financing España S.L.U., IBM Global Financing Finland Oy, IBM Global Financing Korea Limited, IBM Global Financing Polska Sp. z.o.o., IBM Global Financing Schweiz GmbH, IBM Global Financing South Africa (Pty) Ltd, IBM Global Financing Sweden AB, IBM Global Financing de Chile SpA, IBM Global Services España S.A., IBM Hellas Information Handling Systems S.A., IBM India Private Limited, IBM International Foundation, IBM International Group B.V., IBM International Group Capital LLC, IBM Ireland Limited, IBM Ireland Product Distribution Limited, IBM Israel Ltd., IBM Italia S.p.A., IBM Italia Servizi Finanziari S.r.l., IBM Japan Credit LLC, IBM Japan Ltd., IBM Korea Inc., IBM Kuwait SPC, IBM Limited, IBM Luxembourg Sarl, IBM Magyarorszagi Kft., IBM Malaysia Sdn. Bhd., IBM Malta Limited, IBM Maroc, IBM Middle East FZ—LLC, IBM Nederland B.V., IBM Nederland Financieringen B.V., IBM New Zealand Limited, IBM Niger SARLU, IBM Oesterreich Internationale Bueromaschinen Gesellschaft m.b.H., IBM Philippines Incorporated, IBM Polska Sp. z.o.o., IBM Qatar LLC, IBM RDC SARL, IBM Resilient, IBM Romania Srl, IBM Schweiz AG—IBM Suisse SA—IBM Svizzera SA—IBM Switzerland Ltd, IBM Singapore Pte. Ltd., IBM Slovenija d.o.o., IBM Slovensko spol s.r.o., IBM South Africa (Pty) Ltd., IBM Svenska Aktiebolag, IBM Taiwan Corporation, IBM Tanzania Limited, IBM Tchad SARLU, IBM Thailand Company Limited, IBM Tunisie, IBM Ukraine, IBM United Kingdom Asset Leasing Limited, IBM United Kingdom Financial Services Limited, IBM United Kingdom Limited, IBM Vietnam Company Limited, IBM World Trade Corporation, IBM de Chile S.A.C., IBM de Colombia & C.I.A. S.C.A., IBM de Mexico Comercializacion y Servicios S. de R.L. de C.V., IBM de Venezuela S.C.A., IBM del Ecuador C.A., IBM del Peru S.A., IBM del Uruguay S.A., IBM—International Business Machines d.o.o. Belgrade, ILOG, IRIS Analytics, InfoDyne Corporation, Initiate Systems, Instana, Intelliden, International Business Machines (Mauritius) Limited, International Business Machines AS, International Business Machines Gabon SARL, International Business Machines Ghana Limited, International Business Machines Madagascar SARLU, International Business Machines S.A., International Business Machines Senegal SARL, International Business Machines West Africa Limited, International Business Machines Zambia Limited, International Business Machines of Belgium sprl/buba, International Information Services Management Limited, Internet Security Systems, Isogon Corporation, Kenexa, KeyMRO, Language Analysis Systems, Liberty Insurance Services, Lombardi Software, MRO Software, Maersk Data, Mainspring, McD Tech Labs, Meiosys, Merge Healthcare, Merge Healthcare Incorporated, Metamerge, Meteorix, Micromuse, Munitions Manufacturing Corporation, Mylex, National Counting Scale Company, National Interest Security Company, Net Integration Technologies, Netezza, Network Solutions Private Limited, Neudesic, Nordcloud, NovusCG, Oniqua Holdings Pty Ltd., Oniqua Inc., OpenPages, Optevia, Ounce Labs, Outblaze, Oy IBM Finland AB, PSS Systems, PT IBM Indonesia, Palisades Technology Partners, Phytel, Platform Computing, Platform Solutions, Presence Online, Princeton Softech, Productivity Solutions, Promontory Financial Group, PureEdge Solutions, PwC Consulting, Q1 Labs, RED HAT ASIA PACIFIC PTE. LTD., RED HAT FRANCE, ROLM Corporation, Rational Software, ReaQta, Red Hat, Red Hat GmbH, RedPill Solutions, Rembo Technology, Resilient Systems, Resource/Ammirati, SPSS, SRD, SXiQ, Sabiedriba ar irobezotu atbildibu IBM Latvija, Sanovi Technologies, Satellite Business Systems, Science Research Associates, Sentaca, Sequent Computer Systems Inc, Silverpop, SoftLayer, Softek Storage Solutions, Softlayer Technologies Inc., Solid Information Technology, Spanugo, Star Analytics, Sterling Commerce, StoredIQ, Storwize, StrongLoop, Systemcorp A.L.G., Systems Research & Development, T-Systems - Mainframe Services business, TRIRIGA, Taos, Tarian Software, Tealeaf, Technology Products and Services Limited, Telelogic, Texas Memory Systems, The Automatic Accounting Scale Company, The Now Factory, The Weather Company, Think Dynamics, Tivoli Systems, Transarc, Transitive, TrelliSoft, Trigo Technologies, TruQua, Trusteer, Truven Health Analytics, Turbonomic, UAB “IBM Lietuva”, Unica, Unicible, Unicorn Solutions, Urbancode, Ustream, Valchemy, Vallent Corporation, Varicent, Venetica, Verizon (Cloud Services), Verizon - Cloud services, Viacor, Viacore, Vivant, Vivant Digital, Vivisimo, WDG Automation, WTC Insurance Corporation Ltd., Waeg, Watchfire, Webdialogs, Webify, Whistle Communications, Worklight, XIV, Xtify, i2, iPhase Technologies, iPhrase Technologies, and myInvenio.
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This page (NYSE:IBM) was last updated on 4/15/2024 by MarketBeat.com Staff

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