Your Best Stock
$228.28
−$4.48 (-1.92%)
Market open · Sep 24, 1:10 pm ET
After hours $233.00 +0.10%
Open$231.89
Prev close$232.76
Day range$226.04 – $232.62
Volume2.42M
Market cap$215.07B
P/E (TTM)20.2
Dividend yield2.95%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

IBM at a glance

Shares of IBM Corp are down 1.92% at $228.28. The company is worth $215.07B, number 70 out of 300 on our list.

The 52-week range is $197.77 to $330.09. Today's price is about 23% of the way from the low to the high. Holders are behind 12.5% over twelve months, and down 12.6% across the last three months.

On the chart it has slipped under both the 50-day ($229.71) and 200-day ($255.59) moving averages; RSI is 50, and the last 30 sessions moved at roughly 33% annualized volatility.

Revenue for the quarter ended Jun 2026 was $17.16B, up 1.1% from a year earlier, with $2.17B of net profit (a 15.5% margin).

The stock changes hands at 20.2 times trailing earnings, 46% below its five-year average of 37.3. The median for its industry group is 30.7.

18 analysts follow the stock and the average call is "buy". The mean target, $261.50, sits 14.6% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

IBM Corp: the business

IBM sells hybrid cloud, AI and consulting services, and mainframe systems, and owns Red Hat.

What tends to move it. Software growth, consulting demand and mainframe upgrade cycles set the tone. It pays a long-running dividend.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-1.9%
1 week
-3.9%
1 month
-1.2%
3 months
-12.6%
6 months
-3.7%
Year to date
-21.4%
1 year
-12.5%
Day range
$226.04$232.62
52-week range
$197.77$330.09

Technical signals

Full technicals →
Trend readStrong downtrend

1 bullish · 6 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-3.3%Bearish
Price vs 50-day average-0.6%Bearish
Price vs 200-day average-10.7%Bearish
50-day vs 200-day50d below 200dBearish
RSI (14)50.0Bullish
MACD (12,26,9)-0.08Bearish
Bollinger band position15%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$228.19 / $228.28
Average price today$228.29
Volume2.42MAvg (90d) 9.42M
Turnover$553.07M
Turnover rate0.26%of shares outstanding
Volume ratio0.58vs. recent average pace
Day amplitude2.83%
Market cap$215.07B
Float market cap$214.63B
Shares outstanding940.20M
EPS (TTM)$11.17
P/E (TTM)20.22
P/B6.24
Book value / share$36.57
Earnings yield0.31%
Dividend (TTM)$6.73 / shareYield 2.95%
Net profit (TTM)$10.52B
Net assets$34.45B
30-day volatility32.7%annualized
Avg daily range (ATR)3.35%of price, 14 days
Max drawdown (1y)-37.5%-30.2% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How IBM ranks on BeStock

Market value#70 of 300
P/E (cheapest = 1)#97 of 283
Dividend yield#66 of 244
Closeness to 52-week high#268 of 300
Dollar volume today#66 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$17.16B+1.1% YoY
Operating profit$2.85B-7.8% YoY
Net profit$2.17B-1.3% YoY
Diluted EPS$2.27-1.7% YoY
Free cash flow$2.21B+66.7% YoY
Operating cash flow$2.60B

Revenue, last 8 quarters

$15.0BSep '24$17.6BDec '24$14.5BMar '25$17.0BJun '25$16.3BSep '25$19.7BDec '25$15.9BMar '26$17.2BJun '26

Net profit, last 8 quarters

$-330.0MSep '24$2.9BDec '24$1.1BMar '25$2.2BJun '25$1.7BSep '25$5.6BDec '25$1.2BMar '26$2.2BJun '26

Profitability & balance sheet

Gross margin58.1%
Operating margin18.4%
Net margin15.5%
Return on equity34.6%
Return on assets7.1%
Return on invested capital11.9%
Current ratio0.79
Liabilities / assets77.3%
Cash & investments$8.13B
Total debt$64.50B
Net cash (debt)-$56.37B
Free cash flow / sales19.0%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • software$7.76B 45.2%
  • Consulting$5.33B 31.0%
  • Infrastructure$3.84B 22.3%
  • Financing$186.00M 1.1%
  • Other revenue$52.00M 0.3%
Average move on report day±5.4%last 15 reports
Closed higher8 of 1553% of the time
Best reaction+13.0%
Worst reaction-8.3%

Stock move on the day after each report

-6.2%2024/Q3+13.0%2024/Q4-6.6%2025/Q1-7.6%2025/Q2-0.9%2025/Q3+5.1%2025/Q4-8.3%2026/Q1+0.4%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings22.1x
CheapRich

Below its usual level · 33rd percentile, 5-year average 37.3x

#1689 of 2977 stocks by PE (1 = cheapest)

Price / book6.8x
CheapRich

Around its usual level · 56th percentile, 5-year average 7.0x

#4582 of 5303 stocks by PB (1 = cheapest)

Price / sales3.4x
CheapRich

Above its usual level · 73rd percentile, 5-year average 2.7x

#3240 of 5143 stocks by PS (1 = cheapest)

P/E over five years

8x43x78x113xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$225.00
Price vs. fair value+1.5%Close to the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts18
Average target$261.50+14.6% vs. price
  • Buy 67%
  • Hold 28%
  • Sell 6%
Low $191.00Now $228.28Avg $261.50High $350.00

Latest rating actions

  • 19 Aug 2026RBC CapitalBUY · PT $270.00
  • 24 Jul 2026SIGHOLD · PT $225.00
  • 24 Jul 2026CitiBUY · PT $245.00
  • 23 Jul 2026UBSHOLD · PT $236.00
  • 23 Jul 2026StifelBUY · PT $235.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership66.4%-0.01 pts vs. prior quarter
Institutions holding4,093-16 vs. prior quarter
Insider trades (recent)1 buys / 3 sellsNet selling
Short interest2.34% of floatDays to cover 4.5 · as of 31 Aug 2026
Short-sale volume share15.2%5-day average of daily volume

Short-sale volume as % of daily volume

11%13%15%17%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$29.72M (8 inflow days, 12 outflow days).

Dividends

Dividend yield (TTM)2.95%
Last dividend$1.69Ex-date 10 Aug 2026
Next-to-last$1.69
Payments on file40

Dividends paid per share, by year

6.2120186.4320196.5120206.5520216.5920226.6320236.6720246.712025

Across the full calendar years shown, the annual payout grew by roughly 1.1% a year.

Latest headlines

More news →
  • Why IBM, Microsoft Back Move for Quantum Policy Czar -- Barrons.comBarron's · 5 Sep 2026
  • Analysts Offer Insights on NA Companies: Seaport Therapeutics, Inc. (SPTX), Navan, Inc. Class A (NAVN) and International Business Machines (IBM)TipRanks · 10 Sep 2026
  • Can Quantum Computing Save IBM Stock? -- Barrons.comBarron's · 31 Aug 2026
  • IBM Corp(IBM.US) Officer Sells US$5.76 Million in Common StockMarket news · 29 Aug 2026
  • IBM (IBM.US) has unveiled the world’s first dual-architecture mainframe processor, with a single chip simultaneously compatible with both IBM and Arm (ARM.US) instruction sets.Zhitong Finance · 24 Aug 2026
  • RBC Capital Maintains IBM Corp(IBM.US) With Buy Rating, Maintains Target Price $270Market news · 20 Aug 2026

IBM stock: common questions

Where is IBM trading right now?

$228.28 is the latest print for IBM, a move of -1.92% against yesterday's close of $232.76. Today's low and high so far: $226.04 and $232.62.

How large is IBM Corp by market value?

Equity value comes to $215.07B at the current price. By that measure it is number 70 of the 300 names in our coverage.

Is IBM expensive on earnings?

Buyers pay 20.2 times the last twelve months of profit (EPS $11.17). Averaged over five years the multiple has been 37.3, and today's level ranks in the 33rd percentile of its own history.

How far is IBM from its yearly high?

The year's floor is $197.77 and the ceiling $330.09. Shares are 30.8% away from that ceiling.

Are there dividends on IBM Corp shares?

It does. Payouts over the past twelve months work out to a 2.95% yield; the latest ex-dividend date was August 10, 2026.

Do Wall Street analysts like IBM?

Of 18 analysts, 67% say buy, 28% hold and 6% sell. Price targets average $261.50, with the most cautious at $191.00 and the most optimistic at $350.00.

How does IBM Corp make money?

IBM sells hybrid cloud, AI and consulting services, and mainframe systems, and owns Red Hat.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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