International Business Machines Corporation

Informe acción NYSE:IBM

Capitalización de mercado: US$229.2b

International Business Machines Crecimiento futuro

Future controles de criterios 2/6

Se prevé un crecimiento anual de los beneficios y los ingresos de International Business Machines de 5% y 4.1% por año respectivamente. Se prevé que el BPA crezca en un 4% al año. Se espera que la rentabilidad financiera sea de 23.9% en 3 años.

Información clave

5.0%

Tasa de crecimiento de los beneficios

3.95%

Tasa de crecimiento del BPA

Crecimiento de los beneficios de IT21.8%
Tasa de crecimiento de los ingresos4.1%
Rentabilidad financiera futura23.93%
Cobertura de analistas

Good

Última actualización09 Sep 2026

Actualizaciones recientes sobre el crecimiento futuro

Recent updates

Seeking Alpha • Aug 26

IBM: Big Blue Is Not Going Back To The Dinosaur Age

Summary IBM faced Q2 revenue pressure from mainframe weakness, but underlying software growth and cash generation remain robust. Hybrid Cloud and Data segments delivered double-digit growth, positioning IBM for evolving enterprise IT and AI-driven demand. Management expects 2026 free cash flow to rise by ~$1bn, supporting a Buy rating despite trimmed revenue guidance. My DCF assigns a fair value of $241/share, with sensitivity analysis indicating attractive risk/reward under conservative assumptions. Read the full article on Seeking Alpha
Actualización de narrativa • Aug 26

IBM: AI Spending Shift Will Delay Software And Mainframe Earnings Execution

IBM's analyst fair value estimate has been revised to $174 from $195 as analysts factor in a slightly higher discount rate, more cautious revenue and margin assumptions, and a lower future P/E multiple following recent price target cuts across the Street. Analyst Commentary Recent Street commentary on International Business Machines highlights a clear shift toward more cautious expectations, with several research houses cutting price targets and, in some cases, lowering ratings following the company’s Q2 preannouncement and subsequent results.
Nueva narrativa • Aug 16

Why I See IBM as a Long-Term Enterprise AI and Hybrid Cloud Play

My investment thesis on IBM is based on its transition from a traditional technology company into a hybrid cloud, enterprise AI and cybersecurity platform. I see IBM’s strength not in competing directly for the most advanced AI model, but in helping large organisations integrate AI securely into complex existing systems.
Actualización de narrativa • Aug 12

IBM: AI Spending Shift And Quantum Progress Will Shape Future Returns

Analysts have reduced the implied fair value for International Business Machines to about $244 from roughly $294 as they incorporate lower P/E assumptions, slightly softer revenue growth and margin expectations, and a wave of reduced price targets following IBM's recent pre-announcement and Q2 commentary. Analyst Commentary Recent research on International Business Machines shows a wide spread of opinions, with many firms cutting price targets after the Q2 pre-announcement while still debating IBM's longer term software, mainframe and quantum opportunity.
Actualización de narrativa • Jul 29

IBM: Quantum And AI Infrastructure Shift Will Support Long Term Upside

IBM's updated analyst narrative reflects a lower implied price target of about $316 from $375, as analysts factor in reduced revenue growth assumptions, a slightly higher discount rate, and recent cuts to Street price targets following softer software and mainframe trends. These factors are partly offset by a modestly higher profit margin outlook and a lower future P/E multiple.
Actualización de narrativa • Jul 14

IBM: Quantum And AI Infrastructure Roadmap Will Support Long Term Upside Potential

IBM's updated analyst price target has been reset to $375 from $390, reflecting a modest pullback even as analysts highlight support from AI and quantum initiatives, resilient software and infrastructure demand, and mixed views on valuation compared with "synthetic IBM" alternatives. Analyst Commentary Recent Street research on International Business Machines shows a wide range of views, but several bullish analysts have highlighted specific areas where they see IBM executing well and building potential growth drivers in software, infrastructure, and quantum.
Actualización de narrativa • Jun 30

IBM: AI Infrastructure And Quantum Optionality Will Shape Balanced Future Returns

The updated analyst price target for International Business Machines has been refined lower to about $294 from roughly $302, as analysts factor in slightly slower modeled revenue growth, higher projected profit margins, and a reduced future P/E multiple informed by recent research on AI infrastructure demand, software acceleration, and quantum computing optionality. Analyst Commentary Street research on International Business Machines points to a split view, with several firms leaning more constructive on AI, software and quantum optionality, while others are focusing on execution risks and valuation reset after a strong run.
Artículo de análisis • Jun 22

IBM (IBM) Stock Could Be 2.7% Undervalued After Accenture Outlook Shook IT Services

International Business Machines (IBM) came under pressure after Accenture cut its revenue outlook, which raised fresh questions about IT services demand, AI consulting projects, and how higher interest rates are affecting large technology stocks. See our latest analysis for International Business Machines. For International Business Machines, the recent 5.05% one day share price decline and weaker short term momentum, with a 7 day share price return down 8.5% and year to date share price...
Actualización de narrativa • Jun 16

IBM: Quantum Investments And Federal Support Will Reshape AI Infrastructure Story

Analysts raised their fair value estimate for International Business Machines to $390 from $335, citing higher long-term assumptions for revenue growth, profit margins, and future P/E, in light of recent bullish price target revisions across the Street that focus on IBM's AI, hybrid cloud, and quantum initiatives. Analyst Commentary Recent commentary on International Business Machines centers on how AI infrastructure, hybrid cloud, and quantum efforts feed into valuation, execution, and potential growth.
Actualización de narrativa • Jun 02

IBM: Quantum And AI Hype Will Outrun Execution And Margin Delivery

Analyst fair value for International Business Machines has been reset from $201.51 to $195.00 as analysts balance recent price target moves around $350 with updated assumptions for discount rate, modestly higher revenue growth, slightly stronger profit margins, and a lower future P/E. Analyst Commentary Recent Street research on International Business Machines highlights a split view.
Actualización de narrativa • May 28

This news is strategically bullish but financially asymmetric

Below is a structured investment-style analysis (in English) of how this news could affect IBM’s future earnings and valuation , incorporating both the quantum foundry (Anderon) and the Abertis consulting deal. IBM: Impact Analysis on Earnings & Valuation 1.
Actualización de narrativa • May 21

Software now ~45% of revenue

I have instructed Copiot to make this update using the data published today by IBM: Think 2026: true McKinsey / PE-grade Investment Committee pack , adding the pieces that actually drive decisions: valuation, IRR framing, comparables, and a crisp IC decision page. IBM – Investment Committee Pack (PE / McKinsey Grade) 1.
Actualización de narrativa • 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.
Nueva narrativa • 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.
Actualización de narrativa • 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.
Actualización de narrativa • 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.
Actualización de narrativa • 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.
Actualización de narrativa • 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.
Actualización de narrativa • 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.
Actualización de narrativa • 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.
Actualización de narrativa • 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.
Actualización de narrativa • 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.

Previsiones de crecimiento de beneficios e ingresos

NYSE:IBM - Estimaciones futuras de los analistas y datos financieros pasados (USD Millions)
FechaIngresosBeneficiosFlujo de caja libreFlujo de caja operativoNúm. de analistas medio
12/31/202876,94812,43318,05118,93015
12/31/202773,19811,29817,17118,80723
12/31/202670,3849,86715,47918,02522
6/30/202669,09510,70513,14414,888N/A
3/31/202668,91110,73312,25813,992N/A
12/31/202567,53510,57111,45513,193N/A
9/30/202565,4037,91911,85413,483N/A
6/30/202564,0395,85811,64613,282N/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
3/31/202076,5369,018N/A14,487N/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

Previsiones de crecimiento futuro de los analistas

Ingresos vs. Tasa de ahorro: El pronóstico de crecimiento de los beneficios (5% al año) de IBM es superior a la tasa de ahorro (3.7%).

Beneficios vs. Mercado: Se prevé que los beneficios (5% al año) de IBM crezcan menos que el mercado US (17.2% al año).

Beneficios de alto crecimiento: Se prevé que los beneficios de IBM crezcan, pero no significativamente.

Ingresos vs. Mercado: Se prevé que los ingresos (4.1% al año) de IBM crezcan más despacio que el mercado de US (13.4% al año).

Ingresos de alto crecimiento: Se prevé que los ingresos 4.1% al año) de IBM crezcan más despacio que 20% al año.

Previsiones de crecimiento de los beneficios por acción

Rentabilidad financiera futura

ROE futura: Se prevé que la rentabilidad financiera de IBM sea alta dentro de 3 años (23.9%)

Descubre empresas en crecimiento

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Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/09/14 03:26
Precio de las acciones al final del día2026/09/11 00:00
Beneficios2026/06/30
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

International Business Machines Corporation está cubierta por 52 analistas. 23 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
James KelleherArgus Research Company
Robert OliverBaird
Benjamin ReitzesBarclays