International Business Machines Co. (NYSE:IBM) to Post Q2 2026 Earnings of $3.10 Per Share, Zacks Research Forecasts

International Business Machines Co. (NYSE:IBM) – Zacks Research raised their Q2 2026 earnings estimates for International Business Machines in a report released on Monday, October 14th. Zacks Research analyst S. Bose now expects that the technology company will earn $3.10 per share for the quarter, up from their previous estimate of $3.06. 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 $11.18 EPS.

IBM has been the subject of several other research reports. Hsbc Global Res upgraded International Business Machines to a “moderate sell” rating in a report on Friday, July 26th. StockNews.com raised International Business Machines from a “hold” rating to a “buy” rating in a research note on Wednesday, June 19th. Royal Bank of Canada lifted their price target on shares of International Business Machines from $211.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, October 10th. Jefferies Financial Group upped their target price on shares of International Business Machines from $190.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, July 25th. Finally, Bank of America lifted their target price on International Business Machines from $209.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $198.41.

International Business Machines Price Performance

International Business Machines stock opened at $235.26 on Tuesday. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 1.08. The firm has a 50-day moving average of $208.71 and a two-hundred day moving average of $187.93. The stock has a market cap of $216.11 billion, a price-to-earnings ratio of 26.64, a price-to-earnings-growth ratio of 5.21 and a beta of 0.70. International Business Machines has a 1 year low of $135.87 and a 1 year high of $236.12.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, July 24th. The technology company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $15.77 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same quarter last year, the business earned $2.18 EPS. The firm’s revenue was up 1.9% compared to the same quarter last year.

Institutional Trading of International Business Machines

A number of hedge funds have recently modified their holdings of IBM. FPC Investment Advisory Inc. bought a new stake in shares of International Business Machines during the first quarter worth $26,000. ESL Trust Services LLC acquired a new position in International Business Machines during the first quarter worth $28,000. Creekmur Asset Management LLC bought a new stake in International Business Machines during the fourth quarter worth about $29,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of International Business Machines in the second quarter valued at $36,000. Finally, Financial Synergies Wealth Advisors Inc. grew its position in shares of International Business Machines by 164.0% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 198 shares of the technology company’s stock valued at $38,000 after acquiring an additional 123 shares during the period. Institutional investors own 58.96% of the company’s stock.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 9th were issued a dividend of $1.67 per share. This represents a $6.68 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date was Friday, August 9th. International Business Machines’s dividend payout ratio (DPR) is 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.