International Business Machines Corporation
General ticker "IBM" information:
- Sector: Information Technology
- Industry: Information Technology Services
- Capitalization: $254.4B (TTM average)
International Business Machines Corporation follows the US Stock Market performance with the rate: 13.3%.
Estimated limits based on current volatility of 4.5%: low 301.70$, high 330.23$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends (quarterly): last record date 2026-05-08, amount 1.69$ (Y2.21%)
- Total employees count: 219839 as of 1994
- North and South America accounted for 50.4% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Economic downturns and volatility, Innovation failure, Acquisition/divestiture risks, Cybersecurity threats, Regulatory and compliance
- Earnings for 3 months up through Q1 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [256.29$, 359.67$]
- 2026-12-31 to 2027-12-31 estimated range: [275.96$, 385.40$]
Financial Metrics affecting the IBM estimates:
- Negative: with PPE of 26.1 at the end of fiscal year the price was high
- Positive: 7.54 < Operating profit margin, % of 15.52
- Positive: Return on assets ratio (scaled to [-100,100]) of 6.52 > 6.06
- Positive: -0.02 < Operating cash flow per share per price, % of 4.68
- Positive: Interest expense per share per price, % of 0.69 <= 0.73
- Positive: Industry inventory ratio change (median), % of 0.13 <= 0.28
- Positive: Inventory ratio change, % of -1.37 <= -0.75
- Positive: -4.41 < Investing cash flow per share per price, % of -3.65
Short-term IBM quotes
Long-term IBM plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $61,113.00MM | $62,037.00MM | $66,564.00MM |
| Operating Expenses | $52,424.00MM | $56,239.00MM | $56,236.00MM |
| Operating Income | $8,689.00MM | $5,798.00MM | $10,328.00MM |
| Non-Operating Income | $1.00MM | $-1.00MM | $0.00MM |
| Interest Expense | $1,607.00MM | $1,712.00MM | $1,935.00MM |
| R&D Expense | $6,775.00MM | $7,479.00MM | $8,320.00MM |
| Income(Loss) | $8,690.00MM | $5,797.00MM | $10,328.00MM |
| Taxes | $1,176.00MM | $-218.00MM | $-243.00MM |
| Other Income(Loss) | $-12.00MM | $8.00MM | $22.00MM |
| Net Income(Loss)* | $7,502.00MM | $6,023.00MM | $10,593.00MM |
| Stockholders Equity | $22,533.00MM | $27,307.00MM | $32,648.00MM |
| Inventory | $1,161.00MM | $1,289.00MM | $1,220.00MM |
| Assets | $135,241.00MM | $137,175.00MM | $151,880.00MM |
| Operating Cash Flow | $13,931.00MM | $13,445.00MM | $13,193.00MM |
| Capital expenditure | $1,810.00MM | $1,685.00MM | $1,617.00MM |
| Investing Cash Flow | $-7,070.00MM | $-4,937.00MM | $-10,302.00MM |
| Financing Cash Flow | $-1,769.00MM | $-7,079.00MM | $-3,829.00MM |
| Earnings Per Share** | $8.23 | $6.43 | $11.36 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.