International Business Machines Stock Forecast, Price & News

International Business Machines' stock was trading at $117.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IBM stock has decreased by 9.6% and is now trading at $106.65.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Business Machines 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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International Business Machines is scheduled to release its next quarterly earnings announcement on Tuesday, January 19th 2021.
View our earnings forecast for International Business Machines.

International Business Machines Co. (NYSE:IBM) issued its quarterly earnings results on Monday, October, 19th. The technology company reported $2.58 EPS for the quarter, meeting analysts' consensus estimates of $2.58. The technology company had revenue of $17.56 billion for the quarter, compared to the consensus estimate of $17.56 billion. International Business Machines had a net margin of 10.53% and a return on equity of 49.12%. The firm's revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.68 earnings per share.
View International Business Machines' earnings history.

International Business Machines announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of $1.63 per share on Thursday, September 10th. This represents a $6.52 annualized dividend and a dividend yield of 6.11%. The ex-dividend date of this dividend is Friday, August 7th.
View International Business Machines' dividend history.

International Business Machines declared that its board has approved a stock buyback program on Tuesday, October 30th 2018, which authorizes the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

International Business Machines updated its third quarter earnings guidance on Thursday, October, 8th. The company provided earnings per share guidance of $2.58 for the period, compared to the Thomson Reuters consensus estimate of $2.58. The company issued revenue guidance of $17.6 billion, compared to the consensus revenue estimate of $17.56 billion.

16 analysts have issued twelve-month price targets for International Business Machines' shares. Their forecasts range from $120.00 to $155.00. On average, they anticipate International Business Machines' share price to reach $140.07 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price.
View analysts' price targets for International Business Machines.

Press coverage about IBM stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. International Business Machines earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.
View the latest news about International Business Machines.

Some companies that are related to International Business Machines 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 International Business Machines investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), NVIDIA (NVDA), The Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM) and Pfizer (PFE).

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

International Business Machines' stock is owned by many different retail and institutional investors. Top institutional investors include LSV Asset Management (0.37%), Retirement Systems of Alabama (0.07%), State of New Jersey Common Pension Fund D (0.06%), State of Michigan Retirement System (0.06%), Standard Life Aberdeen plc (0.06%) and Douglas Lane & Associates LLC (0.05%). Company insiders that own International Business Machines 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 International Business Machines.

IBM stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, State of New Jersey Common Pension Fund D, Meritage Portfolio Management, CX Institutional, Stoneridge Investment Partners LLC, Pacer Advisors Inc., Xponance Inc., and Nissay Asset Management Corp Japan ADV. Company insiders that have sold International Business Machines company stock in the last year include Bene Robert F Del, and Diane J Gherson.
View insider buying and selling activity for International Business Machines.

IBM stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, LSV Asset Management, Bradley Foster & Sargent Inc. CT, Douglas Lane & Associates LLC, Garland Capital Management Inc., State of Michigan Retirement System, Morgan Dempsey Capital Management LLC, and Harvey Capital Management Inc.. Company insiders that have bought International Business Machines stock in the last two years include Sidney Taurel, and Virginia M Rometty.
View insider buying and selling activity for International Business Machines.

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 $106.65.

International Business Machines has a market capitalization of $94.98 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. International Business Machines employs 383,800 workers across the globe.

The official website for International Business Machines is www.ibm.com.

International Business Machines' 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]