Zacks Research Issues Positive Estimate for IBM Earnings

International Business Machines Corporation (NYSE:IBM) – Investment analysts at Zacks Research upped their Q2 2027 earnings estimates for International Business Machines in a research report issued to clients and investors on Tuesday, September 16th. Zacks Research analyst Team now forecasts that the technology company will earn $3.41 per share for the quarter, up from their previous forecast of $3.40. The consensus estimate for International Business Machines’ current full-year earnings is $10.78 per share.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, July 23rd. The technology company reported $2.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.15. The business had revenue of $16.98 billion for the quarter, compared to analyst estimates of $16.58 billion. International Business Machines had a net margin of 9.11% and a return on equity of 37.62%. International Business Machines’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS.

Other research analysts have also issued reports about the stock. Wall Street Zen raised shares of International Business Machines from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. BMO Capital Markets raised their price objective on shares of International Business Machines from $260.00 to $300.00 and gave the company a “market perform” rating in a research note on Friday, July 18th. Royal Bank Of Canada raised their price objective on shares of International Business Machines from $285.00 to $315.00 and gave the company an “outperform” rating in a research note on Thursday, July 17th. Wedbush raised their price objective on shares of International Business Machines from $300.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, June 20th. Finally, UBS Group raised their price objective on shares of International Business Machines from $195.00 to $200.00 and gave the company a “sell” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $275.00.

International Business Machines Stock Up 0.5%

International Business Machines stock opened at $258.92 on Thursday. International Business Machines has a 1-year low of $203.51 and a 1-year high of $296.16. The firm has a market capitalization of $240.64 billion, a price-to-earnings ratio of 42.03, a price-to-earnings-growth ratio of 3.97 and a beta of 0.71. The firm’s fifty day moving average price is $255.59 and its two-hundred day moving average price is $257.00. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.00.

International Business Machines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were given a dividend of $1.68 per share. This represents a $6.72 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, August 8th. International Business Machines’s dividend payout ratio (DPR) is currently 109.09%.

Hedge Funds Weigh In On International Business Machines

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBM. Family CFO Inc bought a new position in shares of International Business Machines in the second quarter valued at approximately $25,000. Christopher J. Hasenberg Inc bought a new position in shares of International Business Machines in the first quarter valued at approximately $27,000. Winnow Wealth LLC bought a new position in shares of International Business Machines in the second quarter valued at approximately $27,000. SSA Swiss Advisors AG bought a new position in shares of International Business Machines in the first quarter valued at approximately $28,000. Finally, Dagco Inc. bought a new position in shares of International Business Machines in the first quarter valued at approximately $31,000. Institutional investors own 58.96% of the company’s stock.

About International Business Machines

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.