NYSE:IBMIBM Stock Price, Forecast & News

IBM's stock was trading at $117.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IBM stock has increased by 5.8% and is now trading at $124.85. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IBM in the last year. There are currently 12 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for IBM.

IBM is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for IBM.

IBM (NYSE:IBM) released its earnings results on Monday, April, 20th. The technology company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.05. The technology company earned $17.57 billion during the quarter, compared to analyst estimates of $17.62 billion. IBM had a return on equity of 57.55% and a net margin of 11.78%. During the same quarter in the prior year, the firm posted $2.25 EPS. View IBM's earnings history.

IBM announced a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, May 8th will be given a dividend of $1.63 per share on Wednesday, June 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend is Thursday, May 7th. This is a boost from IBM's previous quarterly dividend of $1.62. View IBM's dividend history.

IBM declared that its Board of Directors has initiated a stock buyback plan on Tuesday, October 30th 2018, which allows the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

17 brokers have issued 12-month price objectives for IBM's stock. Their forecasts range from $111.00 to $154.00. On average, they anticipate IBM's stock price to reach $134.64 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View analysts' price targets for IBM.

Media coverage about IBM stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. IBM earned a media sentiment score of -3.1 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 media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutIBM.

Some companies that are related to IBM include Accenture (ACN), Cognizant Technology Solutions (CTSH), Leidos (LDOS), EPAM Systems (EPAM), Booz Allen Hamilton (BAH), Gartner (IT), 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other IBM investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), Exxon Mobil (XOM), General Electric (GE), Verizon Communications (VZ) and Boeing (BA).

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

IBM's stock is owned by many different institutional and retail investors. Top institutional shareholders include Swedbank (0.17%), Fort Washington Investment Advisors Inc. OH (0.08%), OLD Republic International Corp (0.07%), DAVENPORT & Co LLC (0.05%), Comerica Bank (0.03%) and Baird Financial Group Inc. (0.03%). Company insiders that own IBM stock include Bene Robert F Del, David N Farr, 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, OLD Republic International Corp, LS Investment Advisors LLC, Decatur Capital Management Inc., CapWealth Advisors LLC, Adams Asset Advisors LLC, and Comerica Bank. Company insiders that have sold IBM company stock in the last year include Bene Robert F Del, and Kenneth M Keverian. View insider buying and selling activity for IBM.

IBM stock was purchased by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Forsta AP Fonden, Swedbank, Fort Washington Investment Advisors Inc. OH, Baird Financial Group Inc., Eastern Bank, AMG National Trust Bank, and Loomis Sayles & Co. L P. Company insiders that have bought IBM stock in the last two years include David N Farr, 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 $124.85.

IBM has a market capitalization of $110.85 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]