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IBM · International Business Machines Corp

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$234.43 -2.71 (-1.14%)
Market Cap
$223.42B
Shares
942.13M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$237.14 Open$238.92 Day$233.61–239.71 52W close$205.77–329.23 Avg vol 30d11.5M Short int22.3M · 2.4% float · 1.8d Short vol40% Last earningsJul 22, 2026 DataNov 2021–Aug 2026 Filing10-Q · Jul 23

Raw chart and full-history price indicators begin at the captured split on Nov 4, 2021; bars on opposite sides are not compared.

Up next

Next earnings call
Oct 21, 2026 Est · unconfirmed · in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 23, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Neutral
      SellHoldBuy
      Technical Neutral Momentum Weak Sentiment Bullish Fundamentals Strong Quant / Vol High
      Market backdrop VIX 14.6 · calm Equity put/call 0.59
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg −12%
      below
      Price vs 50-day avg −7%
      below
      RSI (14) 50
      neutral
      MACD trend Positive
      52-week position 25%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Weak
      1-month return +8%
      trailing
      6-month return −8%
      trailing
      YTD return −20%
      this year
      Relative strength −21%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $254 › 200d $268 — 200d above 50d
      Institutional flow Accumulating
      3,304 of 3,498 funds reported for Jun 30 · net +13.4M sh shares · +277 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.36% of float · ▼ -32.7% MoM · 1.8 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      3,498 holders — mid 3-yr range
      Squeeze score 35
      low risk · 0–100
      Fundamentals
      Strong
      Revenue growth +8%
      Y/Y
      Gross margin 58%
      expanding
      EPS growth +74%
      Y/Y
      Free cash flow $12.1B
      Valuation P/E 21
      rich
      Buyback $2.0B
      remaining
      Balance sheet $54.1B
      net debt
      Quant / Vol
      risk profile
      High
      Volatility 48%
      annualized · 1-yr
      Max drawdown −38%
      past year
      ATR 3.9%
      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
      Constant currency revenue growth · full year 4% – 5%
      Free cash flow increase year-over-year · full year $1B
      Prior guidance period ended · from the Earnings Call filed Mar 31, 2026
      Operating pretax margin expansion · second quarter 0.5%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      2 · 4 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −12% Bearish
      Price vs 50-day avg
      −7% Bearish
      RSI (14)
      50 Neutral
      MACD trend
      Positive Bullish
      52-week position
      25% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $254 › 200d $268 — 200d above 50d
      Institutional flow Accumulating
      3,304 of 3,498 funds reported for Jun 30 · net +13.4M sh shares · +277 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.36% of float · ▼ -32.7% MoM · 1.8 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      3,498 holders — mid 3-yr range
      Price context
      position in its 52-week range
      Range low $206 Now $237 · 25% Range high $329
      vs 200-day avg -12% vs 50-day avg -7%

      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
      Distributed Infrastructure order backlog 500M second-quarter 2026
      backlog exiting the quarter $500M Q2 2026
      clients representing 85% of installed MIPs maintaining or growing capacity 85% Q2 2026
      Distributed Infrastructure revenue growth 37% Q2 2026
      Red Hat revenue growth 11% Q2 2026
      z17 program-to-program growth 130% Q2 2026
      generative AI book of business 12.5B fourth quarter
      net cash from operating activities excluding IBM financing receivables 16.4B full year

      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
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      IBM
      International Business Machines Corp
      this stock
      $223.42B -19.9% +7.6% 21.0 2.4%
      ACN
      Accenture plc
      $118.22B -33.5% +7.4% 14.1 4.9%
      INFY
      Infosys Ltd
      $50.26B -30.4% 3.6%
      CTSH
      Cognizant Technology Solutions Corp
      $27.81B -28.6% +7.0% 12.7 9.5%
      FIS
      Fidelity National Information Services, Inc.
      $22.76B -33.6% +5.4% 6.8 3.7%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      3,675
      % held
      66.6%
      Reported
      3,304 of 3,498
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      1,666
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      22.3M
      Days to cover
      1.8d
      Change
      -10.8M sh
      View
      Short Volume
      Short vol %
      40%
      As of
      Aug 14, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      9.7K
      Value
      $2.8M
      As of
      Jul 14, 2026
      View
      Off-Exchange
      Off-exchange %
      53.9%
      Week of
      Jul 6, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Josh Gottheimer
      Amount
      $1.0K–$15.0K
      Traded
      Jul 16, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $67.5B
      Net income (FY)
      $10.6B
      EPS diluted
      $11.17
      View
      Buybacks
      Remaining
      $2.0B
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Jul 23, 2026
      This year
      14
      View
      Proposed Sales
      Value
      $6.7M
      Shares
      26.5K
      Filed
      Mar 3, 2025
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 22, 2026
      View

      Performance

      Raw-price comparisons begin at the captured split on Nov 4, 2021; windows that need an earlier baseline remain unavailable.

      5D 20D 120D MTD YTD
      IBM +1.6% +8.3% -7.8% +6.0% -19.9%
      SPY +1.2% +3.6% +12.8% +4.1% +14.1%
      vs SPY +0.4% +4.6% -20.6% +1.9% -34.0%

      Capital returns

      Latest dividend
      $1.69 / share · ex Aug 10, 2026
      Raised 0.6%
      Paid (TTM)
      $6.74 / share · 4 payouts
      Dividend yield (TTM, derived)
      2.84%
      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.

      Key facts CIK 51143 CUSIP 459200101 13F (30d) 2846 filings 2778 filers Visit website Investor relations