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International Business Machines Corporation (IBM)

$289.52 +$3.27 (+1.14%) |Fair · 60
Bottom line: BUY — our Council read (61/100) and AI Score (60/100) broadly agree. Strongest single signal: Short Interest strong.
MCap: $272.12B| P/E Ratio: 23.6| Vol: 4.87M| Target: $324.95 (+12.2%)| 52-wk range: $212.34 – $332.46
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

International Business Machines Corporation (IBM) trades at $289.52 with AI Score 60/100 (Grade B+). International Business Machines Corporation (IBM) is a global leader in information technology services, providing a wide range of integrated solutions. Market cap: $272.12B, Sector: Technology.

Price live · AI analysis from May 10, 2026
International Business Machines Corporation (IBM) is a global leader in information technology services, providing a wide range of integrated solutions. With a strong focus on hybrid cloud and AI technologies, IBM continues to innovate and adapt in a competitive landscape.

IBM stock analysis for 2026: Analysts have set a consensus price target of $324.95 for International Business Machines Corporation, suggesting 12.2% upside from the current price of $289.52. The AI MoonshotScore is 60/100, indicating a bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.

Council Score · Weighted Average of 3 Disciplines
BUY 61/100 · B+

IBM: 4/7 perspectives are bullish. Dominant signal: Short Interest strong.

How is this calculated? →
MoonshotScore · Growth Potential · 60/100
Revenue Growth
Neutral Revenue grew only 7.6% YoY, suggesting the company is in a slower growth phase.
Gross Margin
Strong Gross margin at 59.0% indicates good unit economics and healthy profitability per sale.
Operating Leverage
Neutral Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
Cash Runway
Strong Strong cash reserves of $13.6B provide a solid financial cushion for growth investments and market downturns.
R&D Intensity
Moderate R&D at 12.3% of revenue shows meaningful innovation investment, typical of growth-oriented tech companies.
Insider Activity
Moderate No significant insider buying or selling recently, which is neutral for the stock outlook.
Short Interest
Strong Daily turnover of 0.94% indicates healthy liquidity with smooth entry/exit for investors.
Price Momentum
Moderate Mixed technical signals (above sma50, above sma200); price trend is inconclusive and may consolidate.
News Sentiment
Neutral News sentiment is mixed, with a balance of positive and negative coverage in recent days.
Legends Council · 5 Legends + Moon AI
Ray Dalio
Bullish
Ken Griffin
Neutral
Jim Simons
Neutral
Izzy Englander
Neutral
Seth Klarman
Bullish
Moon AI
Bullish
Council Score · 8 perspectives · See tabs for details →

International Business Machines Corporation (IBM) Technology Profile & Competitive Position

CEOArvind Krishna
Employees270300
HeadquartersArmonk, NY, US
IPO Year1915

International Business Machines Corporation (IBM) is a prominent player in the technology sector, specializing in integrated solutions across software, consulting, infrastructure, and financing, with a significant emphasis on hybrid cloud and AI-driven services.

Data Provenance | Financial Data Quantitative Analysis NYSE Analysis: May 10, 2026

What Is the Investment Thesis for IBM?

IBM's investment thesis is supported by its strong market capitalization of $272.12B and a P/E ratio of 23.6, indicating a solid valuation relative to earnings. The company has a profit margin of 15.6% and a gross margin of 59.0%, showcasing operational efficiency. Key growth catalysts include the expansion of its hybrid cloud services and AI solutions, which are expected to drive revenue growth in the coming years. Additionally, IBM's focus on strategic acquisitions, such as Red Hat, enhances its product offerings and market position. However, potential risks include competition from agile tech firms and the need for continuous innovation to meet evolving customer demands.

Based on FMP financials and quantitative analysis

IBM Key Highlights

  • Market Cap of $272.12B, indicating strong market presence.
  • P/E ratio of 23.6, reflecting a solid valuation relative to earnings.
  • Profit margin of 15.6%, showcasing operational efficiency.
  • Gross margin of 59.0%, exceeding industry averages.
  • Dividend yield of 2.93%, providing a return to shareholders.

Who Are IBM's Competitors?

IBM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
MU Micron Technology, Inc. $975.56 -5.49% $1.10T 100
CSCO Cisco Systems, Inc. $112.69 -3.69% $444.16B 70
SAP SAP SE $162.59 +2.16% $189.46B 55
CRM Salesforce, Inc. $166.11 +1.76% $136.04B 66
ACN Accenture plc $137.35 +4.74% 85B 79
NYAX Nayax Ltd. $70.22 +3.63% $2.57B 62
TSYHF TravelSky Technology Limited $1.06 +4.98% $3.10B 60
FLYW Flywire Corporation $18.75 +1.02% $2.28B 59

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are IBM's Key Strengths?

  • Strong brand equity and market presence.
  • Diverse product and service offerings across multiple segments.
  • Robust R&D capabilities driving innovation.
  • Solid financial performance with consistent revenue generation.

What Are IBM's Weaknesses?

  • Legacy systems and products may hinder agility.
  • Dependence on large enterprise clients for revenue.
  • Challenges in adapting to rapid technological changes.
  • Perception of being less innovative compared to newer tech firms.

What Could Drive IBM Stock Higher?

  • Continued expansion of hybrid cloud services expected to drive revenue growth.
  • Investment in AI technologies enhances product offerings and market competitiveness.
  • Strategic partnerships and acquisitions to strengthen service capabilities.
  • Launch of new software solutions aimed at improving business automation.
  • Focus on sustainability initiatives to meet regulatory and customer demands.

What Are the Key Risks for IBM?

  • Increased competition from emerging technology firms could impact market share.
  • Economic fluctuations may affect client spending on technology solutions.
  • Rapid changes in technology could render existing products obsolete.
  • Cybersecurity threats pose risks to client data and company reputation.

What Are the Growth Opportunities for IBM?

  • Growth opportunity 1: IBM's hybrid cloud services are projected to grow significantly, with the global cloud computing market expected to reach $832.1 billion by 2025. This growth is driven by businesses seeking to enhance operational efficiency and scalability. IBM's established infrastructure and expertise in cloud solutions position it favorably to capture a larger market share in this expanding sector.
  • Growth opportunity 2: The artificial intelligence (AI) market is anticipated to grow from $39.9 billion in 2020 to $190.61 billion by 2025, representing a CAGR of 36.62%. IBM's investment in AI technologies, particularly through its Watson platform, enables the company to offer innovative solutions that address complex business challenges, positioning it as a leader in AI-driven services.
  • Growth opportunity 3: The global cybersecurity market is projected to reach $345.4 billion by 2026, growing at a CAGR of 10.9%. IBM's focus on security software and services, including threat detection and identity management, allows it to capitalize on the increasing need for robust cybersecurity solutions across various industries.
  • Growth opportunity 4: IBM's consulting services are set to benefit from the growing demand for digital transformation, with the global consulting market expected to reach $500 billion by 2025. By providing strategic insights and technology integration services, IBM can help organizations navigate complex transitions, driving growth in its consulting segment.
  • Growth opportunity 5: The financing segment of IBM is poised for growth as businesses increasingly seek flexible financing solutions amid economic uncertainties. With a range of financial services, including lease and loan financing, IBM can support clients in managing their capital needs effectively, enhancing customer relationships and revenue streams.

What Opportunities Does IBM Have?

  • Expanding hybrid cloud market presents growth potential.
  • Increasing demand for AI and machine learning solutions.
  • Growth in cybersecurity needs across industries.
  • Potential for strategic acquisitions to enhance capabilities.

What Threats Does IBM Face?

  • Intense competition from agile tech startups and established firms.
  • Rapid technological advancements may outpace IBM's offerings.
  • Economic downturns affecting client budgets and spending.
  • Regulatory changes impacting technology and data privacy.

What Are IBM's Competitive Advantages?

  • Extensive portfolio of patented technologies and intellectual property.
  • Strong brand recognition and reputation in the technology sector.
  • Established relationships with large enterprise clients and government agencies.
  • Comprehensive service offerings that integrate hardware, software, and consulting.

What Does IBM Do?

International Business Machines Corporation, commonly known as IBM, was founded in 1911 as the Computing-Tabulating-Recording Co. in Endicott, New York. Over the years, the company evolved into a global leader in information technology services, headquartered in Armonk, New York. IBM operates through four primary business segments: Software, Consulting, Infrastructure, and Financing. The Software segment includes offerings such as Red Hat, which provides enterprise open-source solutions, alongside software for business automation and artificial intelligence. The Consulting segment focuses on business transformation services, including strategy, data analytics, and system integration. The Infrastructure segment delivers on-premises and cloud-based server and storage solutions, catering to mission-critical workloads. Lastly, the Financing segment offers various financial services, including lease and loan financing. IBM has a diverse global presence, serving clients in various industries, including banking, healthcare, and retail, and is recognized for its commitment to innovation and technological advancement.

What Products and Services Does IBM Offer?

  • Provide integrated technology solutions and services worldwide.
  • Offer hybrid cloud platform and software solutions.
  • Deliver business transformation consulting services.
  • Supply on-premises and cloud-based server and storage solutions.
  • Offer financing services including lease and loan options.
  • Develop security software and services for data protection.

How Does IBM Make Money?

  • Generate revenue through software sales and subscriptions.
  • Provide consulting services for business transformation and technology integration.
  • Offer infrastructure solutions, including cloud services and hardware.
  • Deliver financing options to clients for technology investments.
  • Create recurring revenue streams through maintenance and support services.

What Industry Does IBM Operate In?

The information technology services industry is experiencing rapid growth, driven by increasing demand for cloud computing, data analytics, and cybersecurity solutions. The global market size is projected to reach $1 trillion by 2026, with a compound annual growth rate (CAGR) of 10%. IBM is well-positioned within this landscape, leveraging its extensive portfolio of services and solutions to compete against peers such as Cisco Systems, SAP, and Accenture. As businesses increasingly adopt digital transformation strategies, IBM's focus on hybrid cloud and AI technologies aligns with market trends, enhancing its competitive edge.

Who Are IBM's Key Customers?

  • Large enterprises across various industries, including finance and healthcare.
  • Government agencies and public sector organizations.
  • Small and medium-sized businesses seeking technology solutions.
  • Global corporations requiring consulting and infrastructure services.
  • Educational institutions leveraging IBM's technology for research and administration.
AI Confidence: 74% Updated: May 10, 2026

Company Profile

International Business Machines Corporation operates in the Information Technology Services industry within the Technology sector. It is headquartered in Armonk, US. The company is led by CEO Arvind Krishna. IBM has traded publicly since 1915.

How International Business Machines Corporation Is Valued

International Business Machines Corporation carries a market capitalization of $272.12B, placing it in the mega-cap category. Relative to its peer group, IBM's quantitative score of 60/100 is below the peer average of 74/100.

ROE 36%Key Financial Metrics

Return on equity for International Business Machines Corporation stands at 35.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.9%, showing how much profit it generates from its asset base. IBM trades at a trailing price-to-earnings ratio of 23.63, below the Technology sector average of ~38x. Its free cash flow yield is 5.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.80 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 4.2%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 6/9Financial Health

International Business Machines Corporation's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.36 places it in the safe zone, indicating low near-term bankruptcy risk.

FY2026 estForward Outlook

Wall Street analysts project International Business Machines Corporation revenue of about $71.51B for fiscal 2026, with EPS near $12.43. The estimate reflects 16 contributing analysts.

Net buyingInsider Activity

Over the past six months, International Business Machines Corporation insiders filed 14 SEC Form 4 transactions — 1 sales and 13 purchases. On net that is roughly 4K shares acquired (about $0) — insiders putting money in tends to read as conviction.

IBM Financials

Fundamental Snapshot

Revenue Growth (FY)
+7.6%
Net Income Growth (FY)
+75.9%
EPS Growth (FY)
+74.0%
Free Cash Flow Growth (FY)
-1.6%
P/E (TTM)
23.6
Return on Equity (TTM)
+35.5%
Current Ratio
0.8
EV/EBITDA (TTM)
19.2

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • IBM's recent focus on AI and cloud computing has resonated well with investors, showcasing its commitment to innovation.
  • Insider buying activity has increased, indicating that executives are confident in the company's future prospects.
  • Community sentiment has shifted positively, with many discussing IBM's strategic partnerships enhancing its market position.
  • Recent product launches in quantum computing have garnered attention, positioning IBM as a leader in a rapidly evolving tech landscape.

Bear Case

  • Despite positive developments, some analysts express concerns about IBM's ability to compete against more agile tech firms.
  • Community discussions reveal skepticism regarding the pace of revenue growth, suggesting uncertainty about profitability.
  • There are lingering doubts about IBM's legacy business segments, which may hinder overall performance amidst rapid technological change.
  • Recent layoffs have sparked worries about employee morale and the company's long-term strategic direction.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026

From the Earnings Call

“We are off to a great start with z17. And 4 quarters into z17's launch, we prudently continue to expect infrastructure revenue to be down low single digits for the year, representing about a 0.5 point impact to IBM.”

— James Kavanaugh, CFO

“The strong start to the year drives our confidence in delivering constant currency revenue growth of 5-plus percent in 2026 and free cash flow growth of about $1 billion year-over-year.”

— James Kavanaugh, CFO

IBM Q1 FY2026 earnings call transcript · 2026-04-22

IBM Latest News

IBM Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IBM.

Price Targets

Consensus target: $324.95

IBM MoonshotScore

60/100

What does this score mean?

The MoonshotScore rates IBM's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Latest International Business Machines Corporation Analysis

Leadership: Arvind Krishna

Chairman and Chief Executive Officer

Arvind Krishna has been with IBM since 1990, holding various leadership roles across the company. He earned his Bachelor of Technology degree in Electrical Engineering from the Indian Institute of Technology Kanpur and an MBA from the University of Chicago Booth School of Business. His extensive experience in technology and business strategy has positioned him as a key leader in IBM's transformation efforts.

Track Record: Under Arvind Krishna's leadership, IBM has made significant strides in cloud computing and artificial intelligence, notably through the acquisition of Red Hat. His vision for the company emphasizes innovation and adapting to market changes, contributing to IBM's ongoing evolution in the technology landscape.

Common Questions About IBM (Technology)

What does International Business Machines Corporation do?

International Business Machines Corporation (IBM) provides a wide range of integrated technology solutions and services, including software, consulting, infrastructure, and financing. The company specializes in hybrid cloud platforms, AI-driven solutions, and business transformation services, catering to various industries such as finance, healthcare, and retail.

What do analysts say about IBM stock?

Analysts generally view IBM as a stable player in the technology sector, with a focus on its hybrid cloud and AI initiatives. The company's P/E ratio of 23.6 suggests a reasonable valuation, while its profit margin of 15.6% indicates operational efficiency. Analysts highlight the potential for growth in cloud services and AI, although competition remains a concern.

What are the main risks for IBM?

IBM faces several risks, including intense competition from agile tech firms that may outpace its innovation efforts. Additionally, economic downturns could affect clients' technology budgets, impacting revenue. The rapid pace of technological advancement poses a risk of obsolescence for existing products, while cybersecurity threats could jeopardize client data and the company's reputation.

What are the key factors to evaluate for IBM?

International Business Machines Corporation (IBM) holds an AI score of 60/100 (moderate). P/E: 23.6x vs the S&P 500's ~20-25x. Analysts target $324.95 (+12%). Not financial advice.

How frequently does IBM data refresh on this page?

IBM prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven IBM's recent stock price performance?

International Business Machines Corporation (IBM) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand equity and market presence. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider IBM overvalued or undervalued right now?

International Business Machines Corporation (IBM) trades at 23.6x earnings. Analysts target $324.95 (+12%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying IBM?

Before investing in International Business Machines Corporation (IBM), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Data is based on the latest available information as of May 2026.
Data Sources

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