Q2 2026 EPS Estimates for International Business Machines Co. (NYSE:IBM) Lifted by Analyst

International Business Machines Co. (NYSE:IBM) – Stock analysts at Zacks Research upped their Q2 2026 earnings estimates for International Business Machines in a research report issued on Monday, September 16th. Zacks Research analyst S. Bose now forecasts that the technology company will post earnings of $3.06 per share for the quarter, up from their prior forecast of $2.92. The consensus estimate for International Business Machines’ current full-year earnings is $10.10 per share. Zacks Research also issued estimates for International Business Machines’ FY2026 earnings at $11.15 EPS.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, July 24th. The technology company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.27. International Business Machines had a return on equity of 40.59% and a net margin of 13.52%. The business had revenue of $15.77 billion during the quarter, compared to the consensus estimate of $15.62 billion. During the same period in the prior year, the company posted $2.18 EPS. The business’s quarterly revenue was up 1.9% on a year-over-year basis.

Several other research firms also recently weighed in on IBM. Hsbc Global Res upgraded shares of International Business Machines to a “moderate sell” rating in a research report on Friday, July 26th. The Goldman Sachs Group initiated coverage on shares of International Business Machines in a research note on Monday, June 24th. They set a “buy” rating and a $200.00 price objective for the company. StockNews.com upgraded International Business Machines from a “hold” rating to a “buy” rating in a report on Wednesday, June 19th. UBS Group lifted their price target on International Business Machines from $130.00 to $145.00 and gave the stock a “sell” rating in a report on Wednesday, September 4th. Finally, Stifel Nicolaus raised their price objective on shares of International Business Machines from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, July 25th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $188.60.

International Business Machines Stock Performance

IBM opened at $214.86 on Thursday. The firm’s fifty day simple moving average is $195.11 and its two-hundred day simple moving average is $184.00. International Business Machines has a 52-week low of $135.87 and a 52-week high of $218.84. The company has a market cap of $197.37 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 4.67 and a beta of 0.70. The company has a quick ratio of 1.08, a current ratio of 1.12 and a debt-to-equity ratio of 2.20.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, August 9th were issued a $1.67 dividend. This represents a $6.68 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend was Friday, August 9th. International Business Machines’s dividend payout ratio (DPR) is currently 75.65%.

Hedge Funds Weigh In On International Business Machines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Gilbert & Cook Inc. raised its position in International Business Machines by 2.7% in the 4th quarter. Gilbert & Cook Inc. now owns 3,892 shares of the technology company’s stock valued at $637,000 after purchasing an additional 101 shares in the last quarter. Aveo Capital Partners LLC lifted its stake in International Business Machines by 3.6% in the fourth quarter. Aveo Capital Partners LLC now owns 3,101 shares of the technology company’s stock worth $507,000 after acquiring an additional 109 shares during the last quarter. Gryphon Financial Partners LLC grew its holdings in International Business Machines by 6.5% during the 4th quarter. Gryphon Financial Partners LLC now owns 2,394 shares of the technology company’s stock worth $386,000 after acquiring an additional 147 shares in the last quarter. TrinityPoint Wealth LLC increased its position in shares of International Business Machines by 12.3% in the 4th quarter. TrinityPoint Wealth LLC now owns 3,909 shares of the technology company’s stock valued at $639,000 after purchasing an additional 428 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of International Business Machines by 32.7% during the 4th quarter. Clearbridge Investments LLC now owns 45,653 shares of the technology company’s stock worth $7,467,000 after purchasing an additional 11,247 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Company Profile

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.