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International Business Machines (IBM)
NYSE:IBM
RESEARCH TOOLSreports
International Business Machines (IBM) Stock Price & Analysis
16,255 Followers
IBM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$116.36 - $199.18
Previous Close$167.13
Volume8.98M
Average Volume (3M)4.69M
Market Cap
$153.22B
Enterprise Value$199.79B
Total Cash (Recent Filing)$13.44B
Total Debt (Recent Filing)$59.94B
Price to Earnings (P/E)18.9
Beta0.66
Next Earnings
Jul 24, 2024EPS Estimate
$2.23Next Dividend Ex-DateN/A
Dividend Yield3.93%
Share Statistics
EPS (TTM)8.83
Shares Outstanding916,744,848
10 Day Avg. Volume5,922,550
30 Day Avg. Volume4,687,824
Standard Deviation0.07
R-Squared0.31
Alpha0.00376
Financial Highlights & Ratios
Price to Book (P/B)-3.15
Price to Sales (P/S)8.81
Price to Cash Flow (P/CF)8.60
P/FCF Ratio8.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.69
Enterprise Value/Gross Profit3.25
Enterprise Value/Ebitda20.18
Forecast
1Y Price Target
$184.82Price Target Upside10.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
International Business Machines News
PremiumCompany Announcements
IBM Files Latest SEC Report, Public Accessible
PremiumCompany Announcements
IBM Q1 2024 Earnings Presentation Delivered by Executives
Bulls Say, Bears Say
Bulls Say
Financial StabilityIBM upholds a robust free cash flow, which underlines the company's financial stability and supports its continued investment in strategic areas like AI and cloud computing.
Market Position And GrowthWith IBM's software segment propelled by the growth of Red Hat and a concentrated effort in AI, the company is poised to serve as a trusted advisor in the expanding field of digital transformation.
Strategic AcquisitionsIBM's acquisition of HashiCorp stands to bolster its hybrid cloud and AI strategy, potentially amplifying its cloud capabilities and reinforcing its market position.
Bears Say
Exchange Rate ImpactThe US dollar has strengthened since IBM reported earnings in January, creating a headwind to revenues, especially for Q2 and beyond.
Financial PerformanceConsulting revenue is under pressure with expectations adjusted to mid-single-digit growth due to clients reducing discretionary spending.
Market RisksKey risks for IBM include weakening IT spending due to macro concerns, revenue disappointments, increasing competition pressuring margins, and declining mainframe business.
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Ownership Overview
0.39% Insiders
14.83% Mutual Funds
22.90% Other Institutional Investors
61.88% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IBM FAQ
What was International Business Machines’s price range in the past 12 months?
International Business Machines lowest stock price was $116.36 and its highest was $199.18 in the past 12 months.
What is International Business Machines’s market cap?
Currently, no data Available
When is International Business Machines’s upcoming earnings report date?
International Business Machines’s upcoming earnings report date is Jul 24, 2024 which is in 86 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Apr 24, 2024. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.595 by $0.085.
Is International Business Machines overvalued?
According to Wall Street analysts International Business Machines’s price is currently Undervalued.
Does International Business Machines pay dividends?
International Business Machines does not currently pay dividends.
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is $2.23.
How many shares outstanding does International Business Machines have?
International Business Machines has 916,744,900 shares outstanding.
What happened to International Business Machines’s price movement after its last earnings report?
International Business Machines reported an EPS of $1.68 in its last earnings report, beating expectations of $1.595. Following the earnings report the stock price went down -8.251%.
Which hedge fund is a major shareholder of International Business Machines?
Among the largest hedge funds holding International Business Machines’s share is Slate Path Capital LP. It holds International Business Machines’s shares valued at 110M.
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International Business Machines Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$184.82 (10.58% Upside)
$184.82 (10.58% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 86%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 623.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.9%
Last 30 Days ▲ 11.9%
Last 30 Days ▲ 11.9%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.96%
12-Months-Change
Fundamentals
Return on Equity
36.35%
Trailing 12-Months
Asset Growth
2.64%
Trailing 12-Months
Company Description
International Business Machines
Founded in 1911, New York-based International Business Machines Corp. is an information technology and consulting company, which provides integrated solutions and services worldwide. It operates through the following segments: Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing.
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IBM Company Deck
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IBM Earnings Call
Q1 2024
0:00 / 0:00
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IBM Stock 12 Months Forecast
Average Price Target
$184.82
▲(10.58% Upside)
Technical Analysis
Best Analysts Covering IBM
1 Year
1 Year Success Rate
18/33 ratings generated profit
1 Year Average Return
+4.46%
reiterated a buy rating 5 days ago
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