IBM Stock Forecast, Price & News

IBM's stock was trading at $117.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IBM stock has increased by 4.1% and is now trading at $122.76.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IBM in the last year. There are currently 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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IBM is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for IBM.

IBM (NYSE:IBM) released its earnings results on Monday, July, 20th. The technology company reported $2.18 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.14 by $0.04. The technology company had revenue of $18.12 billion for the quarter, compared to analyst estimates of $17.72 billion. IBM had a return on equity of 51.06% and a net margin of 10.44%. The firm's revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.17 earnings per share.
View IBM's earnings history.

IBM declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be paid a dividend of $1.63 per share on Thursday, September 10th. This represents a $6.52 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date is Friday, August 7th.
View IBM's dividend history.

IBM announced that its Board of Directors has authorized a stock buyback program on Tuesday, October 30th 2018, which permits the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

16 Wall Street analysts have issued 12 month price targets for IBM's shares. Their forecasts range from $120.00 to $155.00. On average, they expect IBM's share price to reach $139.07 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price.
View analysts' price targets for IBM.

News articles about IBM stock have trended very positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. IBM earned a coverage optimism score of 3.4 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
View the latest news about IBM.

Some companies that are related to IBM include Accenture (ACN), Cognizant Technology Solutions (CTSH), EPAM Systems (EPAM), Leidos (LDOS), Gartner (IT), Booz Allen Hamilton (BAH), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Virtusa (VRTU), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and Servicesource International (SREV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other IBM 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).

IBM trades on the New York Stock Exchange (NYSE) under the ticker symbol "IBM."

IBM's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bessemer Group Inc. (0.11%), Fort Washington Investment Advisors Inc. OH (0.08%), Comerica Bank (0.03%), Nisa Investment Advisors LLC (0.03%), Gulf International Bank UK Ltd (0.02%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.02%). Company insiders that own IBM stock include Bene Robert F Del, Diane J Gherson, Erich Clementi, Kenneth M Keverian, Sidney Taurel and Virginia M Rometty.
View institutional ownership trends for IBM.

IBM stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Exane Derivatives, KLCM Advisors Inc., Sentry Investment Management LLC, Edge Wealth Management LLC, Hanson & Doremus Investment Management, Boyd Watterson Asset Management LLC OH, and Torray LLC. Company insiders that have sold IBM company stock in the last year include Bene Robert F Del, and Diane J Gherson.
View insider buying and selling activity for IBM.

IBM stock was acquired by a variety of institutional investors in the last quarter, including BNP PARIBAS ASSET MANAGEMENT Holding S.A., Bessemer Group Inc., John G Ullman & Associates Inc., Fort Washington Investment Advisors Inc. OH, Viking Fund Management LLC, MUFG Securities EMEA plc, Peninsula Asset Management Inc., and Albion Financial Group UT. Company insiders that have bought IBM stock in the last two years include Sidney Taurel, and Virginia M Rometty.
View insider buying and selling activity for IBM.

Shares of IBM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IBM stock can currently be purchased for approximately $122.76.

IBM has a market capitalization of $109.33 billion and generates $77.15 billion in revenue each year. The technology company earns $9.43 billion in net income (profit) each year or $12.81 on an earnings per share basis. IBM employs 383,800 workers across the globe.

The official website for IBM is www.ibm.com.

IBM's mailing address is 1 NEW ORCHARD ROAD, ARMONK NY, 10504. The technology company can be reached via phone at 914-499-1900 or via email at [email protected]