Zacks Research Comments on International Business Machines Co.’s Q2 2026 Earnings (NYSE:IBM)

International Business Machines Co. (NYSE:IBM) – Equities researchers at Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for shares of International Business Machines in a research report issued to clients and investors on Monday, September 16th. Zacks Research analyst S. Bose now expects that the technology company will earn $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.

A number of other analysts have also recently commented on IBM. Evercore ISI boosted their target price on shares of International Business Machines from $215.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, September 11th. Jefferies Financial Group boosted their price objective on shares of International Business Machines from $190.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, July 25th. UBS Group upped their price target on shares of International Business Machines from $130.00 to $145.00 and gave the company a “sell” rating in a research report on Wednesday, September 4th. Hsbc Global Res upgraded International Business Machines to a “moderate sell” rating in a research report on Friday, July 26th. Finally, Stifel Nicolaus increased their price target on International Business Machines from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, July 25th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, International Business Machines currently has an average rating of “Hold” and an average target price of $188.60.

International Business Machines Stock Up 1.7 %

IBM stock opened at $217.63 on Thursday. The company has a market capitalization of $199.92 billion, a price-to-earnings ratio of 24.65, a price-to-earnings-growth ratio of 4.67 and a beta of 0.70. The company has a debt-to-equity ratio of 2.20, a quick ratio of 1.08 and a current ratio of 1.12. The business’s 50 day moving average price is $196.52 and its two-hundred day moving average price is $184.38. International Business Machines has a fifty-two week low of $135.87 and a fifty-two week high of $218.84.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. FPC Investment Advisory Inc. purchased a new stake in International Business Machines during the 1st quarter worth approximately $26,000. ESL Trust Services LLC purchased a new position in shares of International Business Machines in the first quarter worth about $28,000. Creekmur Asset Management LLC purchased a new stake in International Business Machines in the fourth quarter valued at approximately $29,000. Ables Iannone Moore & Associates Inc. purchased a new position in International Business Machines during the 4th quarter worth approximately $31,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in International Business Machines during the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 9th were paid a dividend of $1.67 per share. The ex-dividend date of this dividend was Friday, August 9th. This represents a $6.68 dividend on an annualized basis and a dividend yield of 3.07%. International Business Machines’s dividend payout ratio is presently 75.65%.

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.