Yahoo · Sep 19, 2026
I Think IBM Stock Will Be Higher in 5 Years. I Still Wouldn't Buy It Today.
Following a brutal 2026, the five-year case comes down to reaccelerating software growth and a 31-year dividend streak.
NYSE · IBM
International Business Machines Corporation
Technology · Information Technology Services
$229.55
Down-$8.20 (-3.45%)
Updated Sep 20, 2026, 9:22 PM
SID Score
5.7/10
Composite research score
Smart Money
55/100
Neutral
- Market cap
- 290.29B
- P/E ratio
- 36.68
- Dividend yield
- 2.92%
- 52-week range
- $199.19 – $332.46
- Volume
- 13.41M
- Avg. volume
- 5.25M
Price performance
IBM price history
1M range · 19 trading sessions · Daily adjusted prices
IBM closed at $229.55 after 19 trading sessions, down 0.64% for the selected period.
- Last close
- $229.55
- Period change
- -0.64%
- Period low
- $229.55
- Period high
- $249.09
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 18, 2026 | $237.85 | $237.89 | $229.38 | $229.55 | 13.41M |
| Sep 17, 2026 | $238.58 | $243.365 | $237.35 | $237.75 | 5.91M |
| Sep 16, 2026 | $240.50 | $243.3399 | $235.41 | $237.49 | 6.18M |
| Sep 15, 2026 | $246.19 | $251.815 | $246.15 | $248.37 | 4.52M |
| Sep 14, 2026 | $249.41 | $251.37 | $244.1201 | $249.09 | 6.82M |
| Sep 11, 2026 | $235.78 | $243.63 | $235.00 | $243.29 | 4.92M |
| Sep 10, 2026 | $238.18 | $242.31 | $231.83 | $234.02 | 5.82M |
| Sep 9, 2026 | $232.65 | $241.50 | $230.36 | $239.94 | 6.4M |
| Sep 8, 2026 | $232.95 | $233.40 | $230.20 | $232.09 | 4.79M |
| Sep 4, 2026 | $233.33 | $236.17 | $231.68 | $234.89 | 3.72M |
| Sep 3, 2026 | $234.38 | $238.29 | $232.815 | $234.71 | 4.38M |
| Sep 2, 2026 | $230.545 | $232.88 | $229.10 | $231.70 | 4.65M |
| Sep 1, 2026 | $231.00 | $233.09 | $229.90 | $231.40 | 3.24M |
| Aug 31, 2026 | $232.73 | $235.9379 | $232.18 | $233.87 | 6.1M |
| Aug 28, 2026 | $238.30 | $239.08 | $235.09 | $235.59 | 3.95M |
| Aug 27, 2026 | $232.80 | $240.8065 | $231.45 | $238.79 | 5.51M |
| Aug 26, 2026 | $230.70 | $234.23 | $228.96 | $229.87 | 4.63M |
| Aug 25, 2026 | $230.00 | $234.435 | $229.51 | $234.19 | 3.02M |
| Aug 24, 2026 | $234.37 | $234.49 | $230.47 | $231.04 | 4.09M |
Latest IBM news
The latest Smart Investors Daily articles mentioning IBM.
Stock researchCompany · Overview
IBM research
Overview
Company profile and research snapshot.
Company profile
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $293.86
- Implied upside
- —
- Analysts
- 17
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 31, 2026 | Susquehanna | Neutral | — |
| Jul 24, 2026 | Citigroup | Buy | — |
| Jul 24, 2026 | Susquehanna | Neutral | — |
| Jul 23, 2026 | RBC Capital | Outperform | — |
| Jul 23, 2026 | BMO Capital | Market Perform | — |
News briefing
Generated Sep 20, 2026, 7:12 PM
Why Is IBM Down Today?
IBM shares fell 3.45% today amid a broader market reassessment of the company's strategic positioning in the AI era. While the tech giant has secured major government contracts and is advancing its quantum computing initiatives, investor concerns about slowing software growth and competitive pressures from more agile AI-focused competitors are weighing on sentiment.
Bottom line: IBM faces a classic valuation disconnect: the company is winning important contracts and investing in future-critical technologies like quantum computing, yet near-term software growth deceleration and competitive pressures are keeping investors on the sidelines. The key question for potential buyers is whether IBM's 5-year comeback thesis justifies current valuations, or whether further near-term pain is likely before inflection occurs.
Yahoo · Sep 18, 2026
IBM Once Held Nvidia's Spot as Tech's Biggest Name. The Stock Just Crashed 25%. Here's the Comeback Case.
IBM stock fell 25% after a weak Q2. Here's why Red Hat, hybrid cloud, and a 31-year dividend streak keep its comeback case alive.
Yahoo · Sep 18, 2026
IONQ Stock Surges On Tech Wins, But The Heavy Burn Persists
IonQ (IONQ) shares rose 9.5% on Thursday, closing at $40.34 after six sessions that had mostly gone the other way. The reason on offer was research: quantum algorithms running inside mainstream engineering software, developed with Synopsys, sped up complex industrial design by up to 14.6%. That is genuine progress. It is also not a sale, and the price you pay for IonQ already assumes a great many sales.
Yahoo · Sep 18, 2026
Is Accenture Stock Cheap, Or Is Its Operating Margin At A Peak?
Accenture (ACN) stock has gone down for a year while the market has gone up. At around $190, it sits toward the cheap end of its own ten-year history on earnings. The risk sits in what those earnings are made of.
AI research layers
Interpretive context generated from the platform’s current data sources.
International Business Machines Corporation Stock Performance
International Business Machines Corporation shares traded at $229.55, reflecting a single-day decline of approximately 1.10%, per SID market data. Over the trailing one-month period, IBM stock has fallen 3.21%, while the three-month return stands at negative 7.85%, indicating sustained downward pressure. On a one-year basis, shares have declined 25.77%, underperforming the broader technology sector. The stock currently trades below both its 50-day moving average of $232.19 and its 200-day moving average of $253.37, according to Massive/Polygon technical data, signaling a bearish technical posture. The 14-day relative strength index registers at 44.9, positioning IBM in neutral territory but trending toward oversold conditions. Average daily trading volume stands at approximately 5.25 million shares. The stock's beta of 0.689 indicates lower volatility relative to the broader market, consistent with IBM's defensive, large-cap profile and its $290.3 billion market capitalization.
International Business Machines Corporation Valuation Analysis
IBM currently trades at a price-to-earnings ratio of 36.68, a premium valuation relative to the broader technology sector's historical averages, per SID market data. The company's PEG ratio stands at 1.03, according to SEC filings and consensus growth estimates, suggesting that the earnings multiple is roughly in line with projected earnings growth rates. IBM's price-to-book ratio of 10.39 reflects significant intangible asset value tied to its hybrid cloud and AI-driven consulting business lines. The company maintains a dividend yield of 2.16%, positioning it as one of the higher-yielding names within the large-cap technology space. This yield provides a degree of income support amid the stock's recent price weakness. The elevated P/E ratio, when considered alongside the near-parity PEG ratio, indicates that the market is pricing in meaningful future earnings acceleration, likely tied to IBM's artificial intelligence and cloud infrastructure expansion initiatives.
Smart Money Activity for IBM
IBM's composite smart money score registers at 55 out of 100, reflecting a neutral overall signal, per SID market data. Institutional ownership strength scores a perfect 25 out of 25, indicating robust conviction among large fund managers and pension funds. In contrast, insider activity scores 9.5 out of 25, dark pool activity scores 13.1 out of 25, and congressional trading scores 7.6 out of 25. According to SEC Form 4 filings, there have been 20 insider transactions over the past 90 days, with 15 classified as purchases and 5 as sales. The three-to-one buy-to-sell ratio among corporate insiders suggests internal confidence in IBM's forward trajectory despite the stock's recent underperformance. The institutional score of 25 out of 25 per 13F filings confirms that major institutional holders have maintained or increased their positions. The divergence between strong institutional conviction and moderate insider and dark pool signals creates a mixed but cautiously constructive smart money profile for IBM shares.
International Business Machines Corporation Earnings Outlook
IBM has delivered mixed earnings results across recent quarters, per company earnings reports. In the most recent reported quarter ending September 2025, IBM posted earnings per share of $2.65 against analyst estimates of $2.47, representing a positive surprise of $0.18. The January 2026 quarter continued the beat trend with actual EPS of $4.52 versus estimates of $4.31, a $0.21 upside surprise. The April 2026 quarter showed EPS of $1.91 against expectations of $1.81, another positive surprise of $0.10. However, the July 2026 quarter marked a reversal, with actual EPS of $2.93 falling short of the $3.02 consensus estimate by $0.09, according to analyst estimates. This represents IBM's first earnings miss after three consecutive beats. The pattern of narrowing positive surprises culminating in a miss may prompt analysts to reassess forward growth assumptions, particularly regarding IBM's AI and hybrid cloud revenue contribution margins.
Wall Street Analyst Ratings for IBM
Wall Street consensus on IBM reflects a cautiously divided outlook, according to recent analyst reports. In August 2026, Susquehanna reiterated its Neutral rating on IBM shares, maintaining a hold stance it has consistently applied. Citigroup reaffirmed its Buy rating on July 24, 2026, representing one of the more constructive views on the street, per SID consensus data. RBC Capital maintained an Outperform rating on the same date, aligning with Citigroup's bullish positioning. BMO Capital reiterated a Market Perform rating on July 23, 2026, reflecting a neutral stance. The distribution of recent ratings shows two firms at Buy or Outperform and two firms at Neutral or Market Perform, creating an evenly split analyst consensus. No recent downgrades have been issued, and all five most recent rating actions were reiterations of prior ratings rather than changes, suggesting that the July 2026 earnings miss has not yet prompted meaningful shifts in Wall Street's coverage stance on IBM.
