International Business Machines Corporation

NYSE:IBM Lagerbericht

Marktkapitalisierung: US$211.5b

International Business Machines Zukünftiges Wachstum

Future Kriterienprüfungen 2/6

International Business Machines wird ein jährliches Gewinn- und Umsatzwachstum von 5.8% bzw. 4.5% prognostiziert. Der Gewinn pro Aktie wird voraussichtlich wachsen um 4.9% pro Jahr. Die Eigenkapitalrendite wird in 3 Jahren voraussichtlich 25.3% betragen.

Wichtige Informationen

5.8%

Wachstumsrate der Gewinne

4.91%

EPS-Wachstumsrate

IT Gewinnwachstum18.5%
Wachstumsrate der Einnahmen4.5%
Zukünftige Eigenkapitalrendite25.26%
Analystenabdeckung

Good

Zuletzt aktualisiert21 May 2026

Jüngste Aktualisierungen zum künftigen Wachstum

Recent updates

Seeking Alpha • 14h

Wall Street Lunch: Washington Advances Quantum Race With $2B CHIPS Funding

Summary The U.S. government is investing over $2B in quantum computing firms, taking minority stakes and accelerating domestic quantum chip manufacturing. IBM is launching Anderson, a standalone quantum foundry, while GlobalFoundries receives $375M to expand its quantum unit. Walmart issues cautious guidance below consensus, while Ralph Lauren posts strong Q4 results and upbeat outlook. OpenAI may pursue a record-breaking $1T IPO, and SpaceX claims a $28.5T total addressable market driven by AI. Read the full article on Seeking Alpha
Narrativ-Update • May 18

IBM: Hybrid Cloud And AI Momentum Will Support Rebalanced Risk Profile

IBM's updated analyst price target of $335, down from $390, reflects a mix of reduced fair value and revenue growth assumptions, along with slightly lower discount rate and future P/E expectations, as analysts weigh recent target cuts against more balanced risk/reward views and valuation upgrades. Analyst Commentary Recent research on International Business Machines points to a split view, with several firms revising price targets lower while others highlight more balanced risk/reward and pockets of support for the stock.
Neues Narrativ • May 12

IBM has transitioned from a traditional IT services provider into a hybrid cloud and AI platform leader

Below is a sell‑side / investment banking–style Investment Memorandum (IM) on International Business Machines Corporation (IBM) , structured as it would appear in a professional transaction or equity capital markets context. Investment Memorandum International Business Machines Corporation (NYSE: IBM) 1.
Narrativ-Update • Apr 30

IBM: Slowing Mainframe And Consulting Momentum Will Pressure AI Expectations

The analyst price target for International Business Machines has been reset lower to reflect a fair value move from about $223.21 to $201.51. Analysts factor in recent price target cuts, slightly softer modeled revenue growth and margins, and a more moderate future P/E, alongside several rating upgrades that cite more balanced risk and reasonable valuation.
Narrativ-Update • Apr 15

IBM: Hybrid Cloud And AI Will Offset Mainframe And Consulting Concerns

Analysts have trimmed their average price target for International Business Machines by a mid double digit dollar amount, reflecting a mix of reduced expectations for mainframe and consulting momentum, alongside continued interest in IBM's hybrid cloud and AI opportunities. Analyst Commentary Recent Street research on International Business Machines shows a mix of reduced price targets alongside pockets of more constructive commentary, especially around hybrid cloud, AI and mainframe resilience.
Neues Narrativ • Apr 06

International Business Machines (IBM): The "Blue Chip" Transformation into the AI Hybrid Backbone

International Business Machines (IBM) , the foundational architect of the computing age, closed the April 2, 2026, session at $248.16 USD on the NYSE. As of today, April 6, 2026, IBM has shed its "legacy" label to emerge as a dominant force in the enterprise AI and hybrid cloud sectors.
Narrativ-Update • Apr 01

IBM: Hybrid Cloud And AI Platforms Will Reshape Mainframe Reliance

Analysts have trimmed their average price targets on IBM by a wide range, including cuts of $34 and $60 alongside multiple earlier increases of $5 to $52, while keeping fair value at $390.0. They are weighing slower mainframe and consulting trends against broader hybrid cloud and AI opportunities, as well as a slightly lower assumed discount rate and P/E multiple in current models. Analyst Commentary Recent research on International Business Machines shows a mix of caution on mainframe and consulting trends alongside clear pockets of optimism around hybrid cloud, AI and the company’s broader software franchise.
Narrativ-Update • Mar 18

IBM: Hybrid Cloud And AI Execution Will Drive Repricing Potential

Analysts have kept the average price target for International Business Machines steady at $390.00. Recent research points to a more balanced risk/reward profile, as AI related competitive concerns around the Z mainframe platform and slower expectations for mainframe and consulting growth are weighed against ongoing interest in IBM's hybrid cloud, AI, automation and data offerings.
Narrativ-Update • Mar 04

IBM: Mainframe And Consulting Execution Will Shape AI Upside And Downside

The analyst price target for International Business Machines has been reduced by about $9 to reflect a slightly higher discount rate and only modest adjustments to long term growth and margin assumptions, as analysts balance recent upgrades and target increases with concerns about slower mainframe and consulting momentum. Analyst Commentary Recent research on International Business Machines reflects a mixed backdrop, with some firms turning more constructive after earlier target hikes and a sharp 2026 share price pullback, and others flagging execution and growth risks around key businesses such as mainframe infrastructure and consulting.
Narrativ-Update • Feb 17

IBM: Execution Risks Around Confluent Integration Will Define Future Downside

Analysts have raised their price targets on International Business Machines, supporting a fair value increase from $198.00 to approximately $232.21. They attribute this change to updated assumptions regarding revenue growth, margins, and future P/E multiples.
Narrativ-Update • Feb 03

IBM: Broad Price Reset Will Highlight Confluent Deal And AI Initiatives

The analyst price target for International Business Machines has been raised from US$350 to US$390, reflecting updated assumptions around discount rates, margins and future P/E, alongside a broad wave of recent price target increases from multiple research firms. Analyst Commentary Bullish analysts have been lifting their price targets on International Business Machines in quick succession, with several moves clustered around the same dates.
Narrativ-Update • Jan 20

IBM: Quantum And Software Execution Will Drive Returns Through Workforce Shift

Analysts have nudged their fair value estimate for International Business Machines higher to about $302 from roughly $294, citing updated long term assumptions on revenue growth, profitability, and future P/E multiples that reflect recent price target moves and emerging views on quantum computing and software performance. Analyst Commentary Recent Street research on International Business Machines highlights a split view, with some analysts leaning into upside tied to quantum computing and recent acquisitions, while others focus on execution risks in core software and the timeline needed to support higher valuation multiples.
Narrativ-Update • Jan 06

IBM: Quantum Potential And Software Execution Will Shape Returns Through Workforce Shift

Analysts made only a modest adjustment to their price targets on International Business Machines, balancing mixed views on near term software momentum with the longer term potential in areas such as quantum computing and higher margin revenue streams. Analyst Commentary Recent research paints a mixed picture for International Business Machines, with some analysts more focused on long term optionality in quantum and others keying in on near term software execution and valuation.
Narrativ-Update • Dec 17

IBM: Quantum Optionality And Software Execution Will Drive Returns Amid Workforce Shift

Analysts have nudged their fair value estimate for International Business Machines slightly higher, lifting the price target by about $3 to reflect steady core software execution, improving long term quantum revenue optionality, and modestly richer earnings multiples, despite only incremental changes to growth and margin assumptions. Analyst Commentary Recent Street research presents a mixed but generally constructive view on IBM, with several bullish analysts lifting price targets on the back of solid execution in software, consulting, and emerging quantum capabilities, while more cautious voices point to valuation and growth hurdles that still need to be cleared.
Narrativ-Update • Dec 03

IBM: Quantum And Software Execution Will Shape Returns Amid Workforce Shift

Analysts have nudged their fair value estimate for International Business Machines slightly higher to about $291 per share, reflecting modestly faster projected revenue growth, a small expansion in profit margins, and increasing conviction in IBM's long term quantum computing and software execution potential despite mixed near term business trends. Analyst Commentary Street research around IBM highlights a nuanced backdrop in which near term fundamental questions, particularly in core software, coexist with rising confidence in the longer term quantum and automation opportunity set.
Narrativ-Update • Nov 18

IBM: Prospects Will Depend On Execution In Quantum And Software Amid Restructuring

The average analyst price target for International Business Machines has been adjusted slightly upward. This change reflects a combination of improved software performance, solid consulting and margin results, and a more optimistic view of IBM's long-term prospects in quantum computing and automation technologies.
Narrativ-Update • Nov 04

IBM: Quantum Leadership And Software Execution Will Shape Performance Amid Key Challenges

The consensus analyst price target for International Business Machines has decreased slightly by $0.61. Analysts point to moderating software growth and persistent challenges in key segments, despite continued leadership in quantum computing.
Narrativ-Update • Oct 21

Analysts Raise IBM Price Target Citing Software Growth and Quantum Computing Leadership Amid Mixed Outlook

Analysts have raised their fair value estimate for International Business Machines from $281.32 to $287.70 per share. This change reflects expectations for stronger organic software growth and IBM's ongoing leadership in quantum computing, despite concerns about valuation and industry-average revenue growth.
Analyseartikel • Aug 20

Estimating The Intrinsic Value Of International Business Machines Corporation (NYSE:IBM)

Key Insights International Business Machines' estimated fair value is US$271 based on 2 Stage Free Cash Flow to Equity...
Seeking Alpha • Apr 24

Wall Street Breakfast Podcast: Big Slide For Big Blue

Summary IBM's Q1 results showed strong software revenue growth but were overshadowed by consulting declines and DOGE-related concerns. Gold steadied after a significant drop, presenting a dip buying opportunity, with central banks likely to support prices. Tesla's supervised FSD ride-hailing service is live for employees in Austin and the Bay Area. Read the full article on Seeking Alpha
Seeking Alpha • Apr 18

IBM Acquiring Hakkoda Enhances Its Transformation From It's Legacy Businesses

Summary IBM's transformation into a leader in cloud, consulting, and AI has driven strong returns, with the Hakkoda acquisition enhancing its data transformation services. Despite competition from giants like Amazon, Microsoft, and Alphabet, IBM's strategic focus on AI and cloud positions it well for future growth. IBM's financial health is robust, with increasing revenue, profitability, and a strong dividend yield, making it an attractive investment. Projected EPS growth of 14.3% over the next two years and strategic acquisitions suggest IBM is undervalued and poised for continued success. Read the full article on Seeking Alpha
Neues Narrativ • Apr 08

Generative AI And Z17 Launch Will Mitigate Geopolitical Risks

Geopolitical tensions and supply chain issues may hinder IBM's revenue growth and margins due to global business uncertainties.
Neues Narrativ • Apr 08

Generative AI And Z17 Launch Will Unlock New Potential

IBM's AI initiatives and strategic acquisitions are set to drive substantial revenue growth in its Software and Consulting segments.
Seeking Alpha • Apr 05

IBM: Is The Stock Price Overvalued?

Summary IBM's valuation ratios indicate potential overvaluation, but expected revenue recovery and improving FCF growth may justify higher P/S multiples. Our DCF model shows a 19% upside for IBM, driven by hybrid cloud expansion, watsonx AI, and synergies between hybrid cloud and consulting. Despite historical underperformance, IBM's Software segment and hybrid cloud business are projected to support higher profitability margins and sustained growth. We upgraded IBM's price target to $299.57, reflecting higher margin growth and terminal value based on a 5-year average EV/EBITDA. Read the full article on Seeking Alpha
Seeking Alpha • Mar 16

IBM: Steady In A Downturn

Summary IBM's strategic pivot under CEO Arvind Krishna has positioned it in growth areas like AI and hybrid cloud, enhancing its business performance and investor appeal. IBM's stock has shown resilience and outperformance, offering a defensive hedge against broader tech sector volatility, with a 14% YTD return versus Nasdaq's 7% decline. Impressive Q4 earnings with solid revenue growth, margin expansion, and a $12.7B FCF, alongside a strong AI business, bolster IBM's investment case. Despite a high valuation and leverage concerns, IBM's structural shift to software and recurring revenue supports a buy rating due to sustained performance and growth potential. Read the full article on Seeking Alpha

Gewinn- und Umsatzwachstumsprognosen

NYSE:IBM - Zukünftige Analystenschätzungen und Finanzdaten der Vergangenheit (USD Millions)
DatumUmsatzGewinneFreier CashflowBargeld aus operativen TätigkeitenDurchschn. Anz. Analysten
12/31/202878,92212,82118,49517,74812
12/31/202774,63611,53217,02817,96420
12/31/202671,4659,93715,68018,17920
3/31/202668,91110,73312,25813,992N/A
12/31/202567,53510,57111,45513,193N/A
9/30/202565,4027,91811,85413,483N/A
6/30/202564,0385,85711,64613,282N/A
3/31/202562,8325,49411,94013,647N/A
12/31/202462,7536,01511,76013,445N/A
9/30/202462,5806,37311,88913,578N/A
6/30/202462,3668,40412,09513,753N/A
3/31/202462,0708,15512,61014,325N/A
12/31/202361,8607,51412,12113,931N/A
9/30/202361,1717,09811,51513,433N/A
6/30/202360,5252,17010,29812,278N/A
3/31/202360,5852,0548,97110,961N/A
12/31/202260,5301,7828,46310,435N/A
9/30/202260,5341,3766,9979,014N/A
6/30/202259,6785,6277,5309,826N/A
3/31/202258,3634,9728,58111,130N/A
12/31/202157,3514,71310,02812,796N/A
9/30/202142,5821,94613,12416,112N/A
6/30/202146,8922,60814,53717,684N/A
3/31/202150,7933,15915,51918,635N/A
12/31/202055,1793,93214,96718,197N/A
9/30/202075,0307,90512,65015,788N/A
6/30/202075,4977,87912,12615,122N/A
3/31/202076,5369,01811,49214,487N/A
12/31/201957,7147,146N/A14,770N/A
9/30/201977,1317,719N/A15,438N/A
6/30/201977,8588,738N/A16,051N/A
3/31/201978,7018,641N/A15,404N/A
12/31/201879,5918,723N/A15,247N/A
9/30/201880,3735,718N/A16,861N/A
6/30/201880,7715,751N/A16,199N/A
3/31/201880,0565,680N/A17,371N/A
12/31/201779,1395,758N/A16,724N/A
9/30/201778,36611,316N/A14,970N/A
6/30/201778,43911,445N/A15,517N/A
3/31/201779,39011,617N/A15,509N/A
12/31/201679,91911,881N/A17,084N/A
9/30/201680,20811,836N/A18,384N/A
6/30/201680,26111,943N/A18,503N/A
3/31/201680,83512,965N/A18,928N/A
12/31/201581,74113,364N/A17,255N/A
9/30/201583,79514,417N/A17,788N/A
6/30/201586,91314,911N/A17,456N/A

Analystenprognosen zum zukünftigen Wachstum

Einkommen vs. Sparrate: IBMDas prognostizierte Gewinnwachstum (5.8% pro Jahr) liegt über der Sparquote (3.5%).

Ertrag vs. Markt: IBMDie Erträge des Unternehmens (5.8% pro Jahr) werden voraussichtlich langsamer wachsen als der Markt US (16.7% pro Jahr).

Hohe Wachstumserträge: IBMDie Erträge des Unternehmens werden voraussichtlich steigen, jedoch nicht deutlich.

Einnahmen vs. Markt: IBMDie Einnahmen des Unternehmens (4.5% pro Jahr) werden voraussichtlich langsamer wachsen als der Markt US (11.7% pro Jahr).

Hohe Wachstumseinnahmen: IBMDie Einnahmen des Unternehmens (4.5% pro Jahr) werden voraussichtlich langsamer wachsen als 20% pro Jahr.

Wachstumsprognosen für den Gewinn je Aktie

Künftige Eigenkapitalrendite

Künftige Eigenkapitalrendite: IBMDie Eigenkapitalrendite des Unternehmens wird in 3 Jahren voraussichtlich hoch sein (25.3%)

Wachstumsunternehmen entdecken

7D

1Y

7D

1Y

7D

1Y

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/21 10:12
Aktienkurs zum Tagesende2026/05/21 00:00
Gewinne2026/03/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

International Business Machines Corporation wird von 51 Analysten beobachtet. 20 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
James KelleherArgus Research Company
Benjamin ReitzesBarclays
Josep BoriBerenberg