Key facts, as of
As of October 13, 2026, IBM Corporation (IBM) trades at $227.02, down 18.3% over the past year. Its 52-week range runs from $199.19 to $332.46; the price is 31.7% below that high. It is 31.7% below its all-time high of $332.46, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +119.6%, against +312.9% for the S&P 500 (SPY). It sits 10.3% below its 200-day average of $253.15, the usual sign of a long-term downtrend. Its 30-day volatility is 26.6% annualized, which we rate medium risk. It has a trailing P/E of 20.2 and a dividend yield of 2.98%.
Cite: Portfolio Terminal, "IBM Corporation (IBM) stock analysis", 2026-10-13. https://portfolio-terminal.com/analyse/ibm
Where it trades today
trading 21% of the way up its 52-week range
How the price has moved
How far it is from its record
IBM Corporation (IBM) is 31.7% below its all-time high of $332.46, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +119.6%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- IBM trades at 20.2x earnings versus 28.5x for the sector, which means the rerating case depends on proving the discount is too harsh.
- IBM carries a beta of 0.72, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- IBM remains in a bearish short-term trend and sits 31.7% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- IBM is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- The view would need revisiting if peers such as AAPL, MSFT, NVDA start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for IBM come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for IBM. Last refresh: Oct 13, 2026, 9:18 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What IBM Corporation does
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment delivers strategy and technology services and intelligent operations, providing business transformation, technology implementation, managed services, application modernization, and AI-powered solutions. The…
Employees
264,300
Industry
Information Technology Services
Headquarters
Armonk, United States
What analysts expect
IBM carries a buy consensus from 23 analysts, with an average price target of $240.56 versus $227.02 today (+6.0%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
IBM generated $69.09B in trailing revenue (1.1% year over year), with a 15.5% net margin, and $12.05B of free cash flow, against $57.14B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $67.54B | $39.30B | $12.49B | $10.59B | $11.36 | $11.46B |
| 2024 | $62.75B | $35.55B | $10.07B | $6.02B | $6.53 | $11.76B |
| 2023 | $61.86B | $34.30B | $9.38B | $7.50B | $8.23 | $12.12B |
| 2022 | $60.53B | $32.69B | $8.17B | $1.64B | $1.82 | $8.46B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
IBM is in 10 of the 30 ETFs we track. It weighs most in DIA: 2.63% of the fund, holding #18 of 30.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
IBM beside the technology names it is usually measured against.
What the chart is saying
In a downtrend, with $220.35 the next floor.
downtrend- Price is 2.2% below its 50-day average and 10.3% below its 200-day.
- RSI at 48 is neither stretched nor washed out.
- The nearest ceiling is $228.96 (+0.9%), the nearest floor $220.35 (-2.9%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is IBM a good investment in 2026?
IBM Corporation trades at a P/E ratio of 20.2, with medium volatility (26.6% annualized). Recent trend shows weakness.
What is the risk level of IBM?
Based on 30-day volatility of 26.6%, IBM has MEDIUM risk. Beta of 0.72 indicates lower sensitivity to market movements than average.
Does IBM pay dividends?
Yes, IBM Corporation has a dividend yield of 2.98%.
How far is IBM from its all-time high?
IBM Corporation is 31.7% below its all-time high of $332.46, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +119.6%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold IBM?
10 of the 30 popular ETFs we track hold IBM Corporation. The largest weights: DIA (2.63%), XLK (1.22%), VIG (0.94%), VYM (0.88%) and VGT (0.86%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is IBM?
0.33%, as of August 31, 2026: IBM is holding #53 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $3.32 in IBM Corporation.
What is the analyst price target for IBM?
The average analyst price target for IBM Corporation (IBM) is $240.56 based on 23 analyst estimates, about 6.0% above the current price of $227.02. The published range runs from $174.00 to $297.00.
How much revenue does IBM generate?
IBM Corporation reported $69.09B in trailing twelve-month revenue. Revenue growth is running at 1.1% year over year. Net margin sits at 15.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare IBM with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.