123.71 +0.02 +0.02%
Official Close 3/17/2023 NYSE

Is IBM stock a Buy, Sell or Hold? IBM stock has received a consensus rating of buy. The average rating score is A3 and is based on 21 buy ratings, 6 hold ratings, and 1 sell ratings.
What was the 52-week low for IBM stock? The low in the last 52 weeks of IBM stock was 115.55. According to the current price, IBM is 107.04% away from the 52-week low.
What was the 52-week high for IBM stock? The high in the last 52 weeks of IBM stock was 153.16. According to the current price, IBM is 80.76% away from the 52-week high.
What are analysts forecasts for IBM stock? The 28 analysts offering price forecasts for IBM have a median target of 154.75, with a high estimate of 176.00 and a low estimate of 124.00. The median estimate represents a 79.93 difference from the last price of 123.69.

IBM Stock Snapshot

123.72
Bid
5,800.00
Bid Size
123.74
Ask
4,200.00
Ask Size
3/17/2023
Date
4:15 PM
Time
16.59 M
Volume
124.70
Prev. Close
124.08
Open
111.51 B
Market Cap
904.13 M
Number of Shares
122.93
Day Low
124.52
Day High
123.69
115.55
52 Week Low
153.16
52 Week High
123.69
6.89
Dividend
5.51
Dividend Yield
15.45
P/E Ratio
99.92
Free Float in %
9.47
EPS 2023
38.34
Book Value per Share
14.13
Cash Flow per Share

IBM Historical Prices

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IBM Analyst Data

Total Analysts: 28
Buy Ratings: 21 Neutral Ratings: 6 Sell Ratings: 1
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 124.00 Median: 154.75 Highest: 176.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

IBM Analyst Opinions

02/06/23 Edward Jones
Downgraded to Hold
01/26/23 Citigroup Corp.
Maintained Hold $145
01/26/23 BMO Capital Markets
Maintained Buy $155
01/23/23 Stifel, Nicolaus & Co., Inc.
Maintained Buy $158
01/18/23 Morgan Stanley
Downgraded to Hold $148
10/20/22 Credit Suisse
Maintained Buy $155
10/17/22 Stifel, Nicolaus & Co., Inc.
Maintained Buy $140
10/06/22 Morgan Stanley
Maintained Buy $152
07/20/22 Credit Suisse
Maintained Buy $156
07/19/22 Morgan Stanley
Maintained Buy $155
07/19/22 BMO Capital Markets
Maintained Buy $148
04/20/22 Morgan Stanley
Maintained Buy $157
04/20/22 BMO Capital Markets
Maintained Buy $152
04/20/22 Credit Suisse
Maintained Buy $166
04/20/22 Bank of America Merrill Lynch
Maintained Buy $165
04/14/22 Morgan Stanley
Upgraded to Buy $150
04/13/22 BMO Capital Markets
Maintained Buy $148
01/25/22 BMO Capital Markets
Maintained Buy $155
01/11/22 UBS
Downgraded to Sell $124
01/10/22 Goldman Sachs
Maintained Hold
10/21/21 Credit Suisse
Maintained Buy $172
10/05/21 Credit Suisse
Maintained Buy $176
10/01/21 Jefferies & Company Inc.
Maintained Buy $170
07/20/21 Morgan Stanley
Maintained Hold $164
07/20/21 Citigroup Corp.
Maintained Hold $150
07/16/21 BMO Capital Markets
Maintained Buy $155
04/20/21 Credit Suisse
Maintained Buy $165
04/20/21 BMO Capital Markets
Maintained Buy $150
04/20/21 Morgan Stanley
Maintained Hold $152
04/08/21 Morgan Stanley
Maintained Hold $150

IBM Estimates* in USD

  2023 2024 2025
Revenue 62,746 64,978 67,331
Dividend 6.89 7.10 7.10
Dividend Yield (in %) 5.51 % 5.68 % 5.68 %
EPS 9.47 10.07 10.49
P/E Ratio 13.18 12.41 11.91
EBIT 10,942 11,586 13,301
EBITDA 14,996 15,487 16,765
Net Profit 8,674 9,208 10,051
Net Profit Adjusted 8,674 9,208 9,722
Pre-Tax Profit 10,475 11,069 12,057
Net Profit (Adjusted) - - 9,374
EPS (Non-GAAP) ex. SOE 9.47 10.07 10.49
EPS (GAAP) - - 8.75
Gross Income - - 38,084
Cash Flow from Investing -2,971 -2,844 -3,392
Cash Flow from Operations - - 14,764
Cash Flow from Financing -6,481 -5,774 -5,957
Cash Flow per Share 14.13 12.24 15.38
Free Cash Flow 10,460 11,571 12,346
Free Cash Flow per Share - - -
Book Value per Share 38.34 41.95 36.40
Net Debt - - 30,076
Research & Development Exp. 6,518 6,794 -
Capital Expenditure - - 2,442
Selling, General & Admin. Exp. 18,294 18,972 -
Shareholder’s Equity 33,154 38,456 37,577
Total Assets 131,134 137,285 151,067
  Previous Quarter
ending 12/31/22
Current Quarter
ending 03/31/23
Next Quarter
ending 06/30/23
Current Year
ending 12/31/23
Next Year
ending 12/31/24
Earnings Estimates
No. of Analysts 15 13 13 15 14
Average Estimate 3.595 USD 1.266 USD 2.093 USD 9.474 USD 10.065 USD
Year Ago 3.350 USD 1.400 USD 2.310 USD 9.130 USD 9.474 USD
Publish Date 1/25/2023 4/19/2023 7/19/2023 - -
Revenue Estimates
No. of Analysts 12 11 11 14 13
Average Estimate 16,151 USD 14,369 USD 15,798 USD 62,746 USD 64,978 USD
Year Ago 16,695 USD 14,197 USD 15,535 USD 60,530 USD 62,746 USD
Publish Date 1/25/2023 4/19/2023 7/19/2023 - -
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

IBM Insider Activity

Name Date shares traded shares held Price type (sell/buy) option
COHN GARY D 02/20/2023 1,506.00 40,702.87 133.01 Sell No
Rosamilia Thomas W 02/20/2023 1,232.00 49,370.16 133.01 Sell No
LAMOREAUX NICKLE JACLYN 02/20/2023 379.00 16,175.99 133.01 Sell No
BROWDY MICHELLE H 02/20/2023 959.00 113,541.75 133.01 Sell No
KAVANAUGH JAMES J 02/20/2023 1,694.00 90,955.27 133.01 Sell No
KRISHNA ARVIND 02/20/2023 2,577.00 278,637.22 133.01 Sell No
Fehring Nicolas A. 02/20/2023 141.00 5,145.43 133.01 Sell No
COHN GARY D 02/20/2023 2,722.00 42,208.87 n/a Buy No
Rosamilia Thomas W 02/20/2023 2,441.00 50,602.16 n/a Buy No
LAMOREAUX NICKLE JACLYN 02/20/2023 1,051.00 16,554.99 n/a Buy No
BROWDY MICHELLE H 02/20/2023 1,877.00 114,500.75 n/a Buy No
KAVANAUGH JAMES J 02/20/2023 3,380.00 92,649.27 n/a Buy No
KRISHNA ARVIND 02/20/2023 5,163.00 281,214.22 n/a Buy No
Fehring Nicolas A. 02/20/2023 394.00 5,286.43 n/a Buy No
Rosamilia Thomas W 01/31/2023 9,381.00 48,098.82 134.30 Sell No
LAMOREAUX NICKLE JACLYN 01/31/2023 1,667.00 15,456.16 134.30 Sell No
LAMOREAUX NICKLE JACLYN 01/31/2023 530.00 17,123.16 134.30 Sell No
COHN GARY D 01/31/2023 4,205.00 39,486.87 134.30 Sell No
KAVANAUGH JAMES J 01/31/2023 12,677.00 89,253.33 134.30 Sell No
KAVANAUGH JAMES J 01/31/2023 6,570.00 74,467.33 134.30 Sell No
KAVANAUGH JAMES J 01/31/2023 31,949.00 81,037.33 133.61 Sell No
Fehring Nicolas A. 01/31/2023 533.00 4,892.43 134.30 Sell No
KRISHNA ARVIND 01/31/2023 43,894.00 275,968.97 134.30 Sell No
KRISHNA ARVIND 01/31/2023 23,042.00 319,862.97 134.30 Sell No
BROWDY MICHELLE H 01/31/2023 6,881.00 112,623.75 134.30 Sell No

IBM Dividend Calendar

Date Name Dividend *yield Currency
2022 IBM Corp. (International Business Machines) 6.59 4.68 USD
2021 IBM Corp. (International Business Machines) 6.55 4.90 USD
2020 IBM Corp. (International Business Machines) 6.51 5.17 USD
2019 IBM Corp. (International Business Machines) 6.43 4.80 USD
2018 IBM Corp. (International Business Machines) 6.21 5.46 USD
2017 IBM Corp. (International Business Machines) 5.90 3.85 USD
2016 IBM Corp. (International Business Machines) 5.50 3.31 USD
2015 IBM Corp. (International Business Machines) 5.00 3.63 USD
2014 IBM Corp. (International Business Machines) 4.25 2.65 USD
2013 IBM Corp. (International Business Machines) 3.70 1.97 USD
2012 IBM Corp. (International Business Machines) 3.30 1.72 USD
2011 IBM Corp. (International Business Machines) 2.90 1.58 USD
2010 IBM Corp. (International Business Machines) 2.50 1.70 USD
2009 IBM Corp. (International Business Machines) 2.15 1.64 USD
2008 IBM Corp. (International Business Machines) 1.90 2.26 USD
2007 IBM Corp. (International Business Machines) 1.50 1.39 USD
2006 IBM Corp. (International Business Machines) 1.10 1.13 USD
2005 IBM Corp. (International Business Machines) 0.78 0.95 USD
2004 IBM Corp. (International Business Machines) 0.70 0.71 USD
2003 IBM Corp. (International Business Machines) 0.63 0.68 USD
2002 IBM Corp. (International Business Machines) 0.59 0.76 USD
2001 IBM Corp. (International Business Machines) 0.55 0.45 USD
2000 IBM Corp. (International Business Machines) 0.51 0.60 USD
1999 IBM Corp. (International Business Machines) 0.47 0.44 USD
*Yield of the Respective Date

IBM Corp. (International Business Machines) Calendar

Event Estimate Info Date
Earnings Report 1.266 USD Q1 2023 Earnings Release 04/19/2023
Earnings Report 2.093 USD Q2 2023 Earnings Release 07/19/2023
Earnings Report - Q3 2023 Earnings Release 10/25/2023
Earnings Report - Q4 2023 Earnings Release 01/23/2024
Earnings Report - Q1 2024 Earnings Release 04/16/2024
Earnings Report - Q2 2024 Earnings Release 07/17/2024
Earnings Report - Q3 2024 Earnings Release 10/16/2024

IBM Corp. (International Business Machines) Past Events

Event Actual EPS Info Date
Earnings Report 3.600 USD Q4 2022 Earnings Release 01/25/2023
Shareholders' Meeting - - 04/26/2022

IBM Profile

International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services.

IBM Stock Price History by Markets Insider

International Business Machines Corp, or IBM, traces its history back over a century to the 1880s, when the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Company were consolidated into a single entity. (read more)

In 1911, a prospectus was filed for the Computing-Tabulating-Recording Company, incorporated in New York. Five years later, in 1916, the Computing Tabulating Recording Corporation would make its debut on Wall Street at the New York Stock Exchange: NYSE IBM.

Today’s name, IBM, was first coined in a 1917 ad for CTR which said the conglomerate were “makers of International Business Machines,” which reportedly became its shorthand moniker by 1924.

In the early 1900s, demand for time-cards and accounting machines helped drive IBM stock from $54 to a peak of $216 before the crash that triggered the Great Depression. In 1932, IBM stock price sunk to $9.125, adjusted for subsequent splits.

Under the leadership of Thomas J, Watson Sr. (whose name still lives on in IBM’s quantum computing program), IBM invested heavily in research. This propelled IBM from $9 million in revenue growth in the early 1900s to $892 million when Watson passed away in 1956. His son, Thomas Watson Jr. took over following his death.

IBM stock price responded in kind, steadily growing throughout the 20th century until the 1980’s. Thanks to stock splits, a single share of IBM stock purchased in 1924 would now have multiplied to over 3,000 today and thousands of dollars in dividends.

When computing came into the business scene in the late 20th century, IBM played an integral role in the ecosystem. Eventually, though, powerhouses like Apple, Microsoft, Intel, Hewlett-Packard and other would win out. Instead, CEO Louis Gerstner focused IBM’s efforts on enterprise IT services.

Even at the height of the great recession of 2008, IBM stock price largely survived where many other stocks saw some of their lowest prices in history and even bankruptcy. IBM stock price bottomed out near $80 in December 2008, near similar troughs from 2002 and IBM stock price through much of the 2000’s.

IBM stock price would continue to rise out of the recession with the bull market, with Ginni Rometty taking over as CEO in 2012. IBM stock price reached its all-time record price on March 15, 2013, when the stock hit $215.90 during trading. Revenue growth, better than expected earnings results and financial information as well as product innovations in areas such as cloud computing played a role during this time.

As of late 2017, IBM's quarter of revenue had fallen for 22 straight quarters. IBM reports and expected earnings results have now made Wall Street happy. While shares of IBM are still above their post-peak low of $120, set shortly after the record in 2013, they have yet to climb above that peak in the more than four years since.

Moody’s Daily Credit Risk Score

Risk
  • Low
  • Medium
  • High
6
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

IBM Shareholder

Owner in %
Freefloat 99.92
Vanguard Group, Inc. (Subfiler) 8.45
SSgA Funds Management, Inc. 5.93
State Street Corp. 5.91
BlackRock Fund Advisors 3.45
Vanguard Total Stock Market Index Fund 3.08
Vanguard 500 Index Fund 2.32
BlackRock Institutional Trust Co. NA 2.19
Charles Schwab Investment Management, Inc. 2.07
Geode Capital Management LLC 1.77
Schwab US Dividend Equity ETF 1.44
JPMorgan Investment Management, Inc. 1.16
Fidelity 500 Index Fund 1.09
SPDR S&P 500 ETF Trust 1.08
Morgan Stanley Smith Barney LLC 0.99
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

IBM Management

Name Job
Arvind Krishna Chairman & Chief Executive Officer
Jonathan Adashek Chief Communications Officer & SVP-Marketing
Rodrigo Kede de Freitas Lima Chief Executive Officer-Services Division
James J. Kavanaugh Chief Financial Officer & Senior VP-Operations
Nickle J. LaMoreaux Chief Human Resources Officer & Senior VP
Kathryn W. Guarini Chief Information Officer
Kelly C. Chambliss Chief Operating Officer-IBM Consulting & SVP
Christina M. Montgomery Chief Privacy Officer
Karla Bousquet Director-Client Executive Marketing
Gina Tesla Director-Corporate Citizenship Initiatives
Donna Painter Director-Distribution Industry
Michael Jordan Distinguished Engineer-Systems Security
Inhi Cho Suh GM-Watson Customer Engagement
Kareem Yusuf General Manager-AI Applications
Robert White General Manager-EMEA Regions
Marta Martínez Alonso General Manager-Europe, Middle East & Africa
Isabel Gómez Cagigas General Manager-Global Business Services
Douglas Balog General Manager-Power Systems
Roger Premo General Manager-Strategy & Development
Robert F. Del Bene General Manager-Technology Lifecycle Services
Inderpal S. Bhandari Global Chief Data Officer
Shamla Naidoo Global Chief Information Security Officer
Randy I. Walker Global Managing Director
David A. Cass Head-IBM Cloud
Michael Elder IBM Distinguished Engineer
Joseph R. Swedish Independent Director
David N. Farr Independent Director
Frederick H. Waddell Independent Director
Frederick William McNabb Independent Director
Thomas Buberl Independent Director
Martha E. Pollack Independent Director
Alfred W. Zollar Independent Director
Michelle J. Howard Independent Director
Peter R. Voser Independent Director
Andrew N. Liveris Independent Non-Executive Director
Alex Gorsky Lead Independent Director
Claudia Brind-Woody MD & VP-Global Intellectual Property Licensing
Martin Jetter Member-Management Board
Fabrizio Renzi Principal
Shana Owens Principal
Michelle H. Browdy SVP-Legal & Regulatory Affairs, General Counsel
Laura Gorry Sales Dir-Healthcare & Life Sciences, IBM Global
Frank P. Sedlarcik Secretary, VP & Assistant General Counsel
Robert W. Lord Senior VP-Weather & Alliances
Thomas W. Rosamilia Senior Vice President-Cloud & Cognitive Software
Howard Boville Senior Vice President-Cloud Platform
Rob Thomas Senior Vice President-Global Markets
Ric Lewis Senior Vice President-IBM Systems
Joanne Wright Senior Vice President-Transformation & Operations
Simon J. Beaumont Treasurer & Vice President-Tax
Jehad Salem Othman Al Twairki Unit Manager
Justina Nixon-Saintil VP & Global Head-Corporate Social Responsibility
Gary D. Cohn Vice Chairman & Member-Executive Board
Denise Evans Vice President
Nicolas A. Fehring Vice President & Controller
Tracey Drake Weber Vice President & GM-Digital Platforms & SaaS
Patricia Murphy Vice President-Investor Relations