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International Business Machines (IBM)
NYSE:IBM
RESEARCH TOOLSreports
International Business Machines (IBM) Stock Price & Analysis
17,055 Followers
IBM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$135.87 - $199.18
Previous Close$191.75
Volume4.29M
Average Volume (3M)3.71M
Market Cap
$176.14B
Enterprise Value$219.97B
Total Cash (Recent Filing)$19.11B
Total Debt (Recent Filing)$62.87B
Price to Earnings (P/E)21.1
Beta0.65
Next Earnings
Oct 23, 2024EPS Estimate
$2.23Last Dividend Ex-Date
May 09, 2024Dividend Yield3.47%
Share Statistics
EPS (TTM)9.07
Shares Outstanding918,602,666
10 Day Avg. Volume4,109,377
30 Day Avg. Volume3,708,066
Standard Deviation0.07
R-Squared0.31
Alpha0.00275
Financial Highlights & Ratios
Price to Book (P/B)-3.37
Price to Sales (P/S)2.56
Price to Cash Flow (P/CF)9.50
P/FCF Ratio9.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.05
Enterprise Value/Gross Profit6.41
Enterprise Value/Ebitda20.84
Forecast
1Y Price Target
$195.17Price Target Upside1.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
International Business Machines News
PremiumCompany Announcements
IBM Files Report with SEC, Accessible Online
Bulls Say, Bears Say
Bulls Say
AI InvestmentsIBM's AI investments position the company as a trusted advisor for customers starting their AI journey.
Financial PerformanceIBM's software segment, which includes Hybrid Platform solutions and transaction processing revenue, increased by 5.5% in 1Q24.
Revenue GrowthA combination of RHT acceleration, improving Consulting fundamentals, and initial AI momentum is expected to drive better than expected results and improving trends.
Bears Say
Investor SentimentInvestors generally felt IBM's Q1 results were disappointing, helping to drive an 8.5% pull-back since earnings.
IT SpendingIBM's consulting segment is exposed to heightened risk due to a deceleration in IT spending.
Revenue DisappointmentsKey risks include weakening IT spending due to macro concerns, revenue disappointments, increasing competition, and declining mainframe business.
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Ownership Overview
0.39% Insiders
15.74% Mutual Funds
24.18% Other Institutional Investors
59.69% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IBM FAQ
What was International Business Machines’s price range in the past 12 months?
International Business Machines lowest stock price was $135.87 and its highest was $199.18 in the past 12 months.
What is International Business Machines’s market cap?
Currently, no data Available
When is International Business Machines’s upcoming earnings report date?
International Business Machines’s upcoming earnings report date is Oct 23, 2024 which is in 87 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Jul 24, 2024. The company reported $2.43 earnings per share for the quarter, beating the consensus estimate of $2.176 by $0.254.
Is International Business Machines overvalued?
According to Wall Street analysts International Business Machines’s price is currently Undervalued.
Does International Business Machines pay dividends?
International Business Machines pays a Quarterly dividend of $1.67 which represents an annual dividend yield of 3.47%. See more information on International Business Machines dividends here
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is $2.23.
How many shares outstanding does International Business Machines have?
International Business Machines has 918,602,660 shares outstanding.
What happened to International Business Machines’s price movement after its last earnings report?
International Business Machines reported an EPS of $2.43 in its last earnings report, beating expectations of $2.176. Following the earnings report the stock price went up 4.326%.
Which hedge fund is a major shareholder of International Business Machines?
Among the largest hedge funds holding International Business Machines’s share is Chilton Investment Co LLC. It holds International Business Machines’s shares valued at 85M.
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International Business Machines Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$195.17 (1.78% Upside)
$195.17 (1.78% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 86%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 680.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 6.9%
Last 30 Days ▲ 6.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.70%
12-Months-Change
Fundamentals
Return on Equity
36.36%
Trailing 12-Months
Asset Growth
1.24%
Trailing 12-Months
Company Description
International Business Machines
Founded in 1911, New York-based International Business Machines Corp. is an information technology and consulting company, which provides integrated solutions and services worldwide. It operates through the following segments: Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing.
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IBM Company Deck
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IBM Earnings Call
Q2 2024
0:00 / 0:00
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IBM Revenue Breakdown
30.22% Hybrid Platform & Solutions
14.90% Hybrid Infrastructure
14.84% Business Transformation
12.31% Transaction Processing
27.74% Other
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IBM Stock 12 Month Forecast
Average Price Target
$195.17
▲(1.78% Upside)
Technical Analysis
Best Analysts Covering IBM
1 Year
1 Year Success Rate
23/35 ratings generated profit
1 Year Average Return
+7.83%
assigned a buy rating 13 days ago
Copying Wamsi Mohan's trades and holding each position for 1 Year would result in 65.71% of your transactions generating a profit, with an average return of +7.83% per trade.
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