IBM · International Business Machines Corp
$219.93
-0.06 (-0.03%)
At close · Sep 30
Return incl. dividend (before tax)
Market Cap
$212.46B
Shares
942.13M
Volume · Sep 30
4.58M
Avg daily vol (3M)
8.26M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$219.99
Open$220.87
Day$219.91–223.12
52W close$205.77–329.23
Avg vol 30d5.2M
Short int22.4M · 2.4% float · 4.6d
Short vol57%
Last earningsJul 22, 2026
DataJan 2020–Sep 2026
Filing10-Q · Jul 23
Up next
Next earnings call
Oct 21, 2026
Est · unconfirmed
· in 3 wks
filed Jul 23, 2026
call held Jul 22, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
—
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
—
Year over year · more shares
Price change (1Y)
-21.4%
Trailing year
Short interest
2.4%
Latest settlement · 4.6 days to cover
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
High
Market backdrop
VIX 16 · calm
Equity put/call 0.38
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−14%
below
Price vs 50-day avg
−5%
below
RSI (14)
37
neutral
MACD trend
Negative
52-week position
12%
near low
Momentum
relative strength
1-month return
−6%
trailing
6-month return
−9%
trailing
YTD return
−26%
this year
Relative strength
−22%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $231 › 200d $257 — 200d above 50d
Institutional flow
Accumulating
+4% holders QoQ · +337 funds added
Insider flow
Distributing
Net -$5.8M over 90 days · 100% sells
Short interest
Rising
2.38% of float · ▲ +1.9% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
3,664 holders — near 3-yr high, broad support
Squeeze score
54
elevated · 0–100
Fundamentals
Revenue growth
+8%
Y/Y
Gross margin
58%
expanding
EPS growth
+74%
Y/Y
Free cash flow
$12.1B
Valuation
P/E 20
in line
Buyback
$2.0B
remaining
Balance sheet
$54.1B
net debt
Quant / Vol
risk profile
Volatility
49%
annualized · 1-yr
Max drawdown
−38%
past year
ATR
3.0%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 22, 2026
Free cash flow increase year-over-year
· full year 2026
Non-GAAP
Initiated
$1B
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−14%
Bearish
Price vs 50-day avg
−5%
Neutral
RSI (14)
37
Neutral
MACD trend
Negative
Bearish
52-week position
12%
Bearish
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $231 › 200d $257 — 200d above 50d
Institutional flow
Accumulating
+4% holders QoQ · +337 funds added
Insider flow
Distributing
Net -$5.8M over 90 days · 100% sells
Short interest
Rising
2.38% of float · ▲ +1.9% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
3,664 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $206
Now $220 · 12%
Range high $329
vs 200-day avg -14%
vs 50-day avg -5%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Cash from operations | $2.6B | the three months ended June 30, 2026 filing | -9.3% |
|
|
|||
| Consulting book-to-bill ratio (trailing twelve-months) | 1.05 | the second quarter of 2026 filing | — |
| Diluted operating (non-GAAP) earnings per share non-GAAP | $2.93 | the three months ended June 30, 2026 filing | — |
| Dividends returned to shareholders | $1.6B | the second quarter of 2026 filing | — |
| Free cash flow non-GAAP | $2.5B | the three months ended June 30, 2026 filing | — |
| Operating (non-GAAP) earnings non-GAAP | $2.79B | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net income as reported $2.17B
-$1M Income/(loss) from discontinued operations, net of tax
+$548M Acquisition-related charges
+$76M Non-operating retirement-related costs/(income)
+$2M U.S. tax reform impacts
= Operating (non-GAAP) earnings $2.79B
|
|||
| Operating (non-GAAP) gross margin non-GAAP | 59.4% | the three months ended June 30, 2026 filing | — |
| Operating (non-GAAP) gross profit non-GAAP | $10.19B | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Total gross profit $9.91B
+$287M Amortization of acquired intangible assets
= Operating (non-GAAP) gross profit $10.19B
|
|||
| Operating (non-GAAP) net income margin from continuing operations non-GAAP | 16.3% | the second quarter of 2026 filing | — |
| Operating (non-GAAP) pre-tax margin from continuing operations non-GAAP | 19.2% | the second quarter of 2026 filing | — |
| Operating (non-GAAP) provision for income taxes non-GAAP | $498M | the three months ended June 30, 2026 filing | — |
| Return on equity | 25% | the three months ended June 30, 2026 filing | — |
| Segment profit margin | 58% | the three months ended June 30, 2026 filing | — |
| Software annual recurring revenue (ARR) | $24.6B | the second quarter of 2026 filing | — |
| Total Consulting signings | $5.03B | the three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Information Technology Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
IBM
this stock
International Business Machines Corp
|
$212.46B | -25.7% | +7.6% | 20.0 | 2.4% |
|
ACN
Accenture plc
|
$116.59B | -34.0% | +7.4% | 14.0 | 3.7% |
|
INFY
Infosys Ltd
|
$42.53B | -40.3% | — | — | 3.1% |
|
CTSH
Cognizant Technology Solutions Corp
|
$27.26B | -31.5% | +7.0% | 12.5 | 7.6% |
|
BR
Broadridge Financial Solutions, Inc.
|
$18.35B | -27.9% | +43.0% | 16.8 | 2.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| IBM | -4.9% | -5.9% | -9.0% | -5.9% | -25.7% |
| SPY | -1.2% | -0.4% | +13.1% | -0.4% | +12.1% |
| vs SPY | -3.7% | -5.6% | -22.1% | -5.6% | -37.8% |
Capital returns
Buyback program
· as of Dec 31, 2025
Authorized
—
Spent (derived)
—
Remaining
$2.01B
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.