International Business Machines Corporation (NYSE:IBM) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of International Business Machines Corporation (NYSE:IBM) have earned an average rating of “Moderate Buy” from the twenty-seven research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and fifteen have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $278.6842.

A number of brokerages recently weighed in on IBM. Needham & Company LLC began coverage on shares of International Business Machines in a report on Wednesday, June 3rd. They set a “buy” rating for the company. Roth Capital reaffirmed a “buy” rating on shares of International Business Machines in a report on Wednesday, June 3rd. Wall Street Zen downgraded International Business Machines from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Morgan Stanley raised their price objective on International Business Machines from $267.00 to $293.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $270.00 target price on shares of International Business Machines in a research report on Tuesday.

Institutional Trading of International Business Machines

Institutional investors and hedge funds have recently bought and sold shares of the stock. Basepoint Wealth LLC acquired a new position in shares of International Business Machines in the fourth quarter worth about $25,000. Family CFO Inc purchased a new position in shares of International Business Machines in the fourth quarter worth approximately $25,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines during the fourth quarter valued at approximately $28,000. Cornerstone Financial Management LLC purchased a new stake in shares of International Business Machines in the 4th quarter valued at approximately $28,000. Finally, SWAN Capital LLC purchased a new stake in shares of International Business Machines in the 3rd quarter valued at approximately $28,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines News Summary

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM’s earnings matched Wall Street’s EPS estimate, and the company continues to emphasize AI-driven productivity, quantum computing, and strong free-cash-flow generation. IBM (IBM) Matches Q2 Earnings Estimates
• Neutral Sentiment: After the release, IBM shares saw some after-hours recovery as investors focused on long-term AI and quantum initiatives rather than the immediate headline miss. IBM just cut its outlook. Why its stock is bouncing anyway.
• Negative Sentiment: IBM lowered full-year revenue guidance and posted weaker sales than expected, with mainframe revenue notably under pressure, raising concerns about near-term growth. IBM Lowers Its Growth Outlook as Sales of Data Center Mainframes Sink 42%
• Negative Sentiment: Multiple law firms announced securities-fraud investigations following IBM’s sharp stock decline and guidance cut, adding an overhang for investors. IBM Investigated by the Portnoy Law Firm

International Business Machines Price Performance

Shares of NYSE IBM opened at $206.03 on Thursday. International Business Machines has a twelve month low of $204.44 and a twelve month high of $332.46. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The firm has a 50-day moving average of $263.26 and a two-hundred day moving average of $261.42. The company has a market capitalization of $193.64 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 2.27 and a beta of 0.68.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.48 billion. During the same quarter in the previous year, the company posted $2.80 EPS. The business’s revenue was up 1.1% compared to the same quarter last year. As a group, analysts expect that International Business Machines will post 12.19 earnings per share for the current fiscal year.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.