International Business Machines (LSE:IBM) - Stock Price, News & Analysis

IBM Stock Overview

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide.

IBM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	4/6

Rewards

Earnings are forecast to grow 35.93% per year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 5.01% is not well covered

Large one-off items impacting financial results

Profit margins (3.4%) are lower than last year (8.5%)

My Notes

Capture your thoughts, links and company narrative

International Business Machines Corporation Competitors

Softcat

LSE:SCT

UK£2.7b

Computacenter

LSE:CCC

UK£2.6b

Kainos Group

LSE:KNOS

UK£1.6b

Keywords Studios

AIM:KWS

UK£1.4b

Price History & Performance

Summary of all time highs, changes and price drops for International Business Machines
Historical stock prices
Current Share Price	US$118.95
52 Week High	US$153.12
52 Week Low	US$115.93
Beta	0.85
1 Month Change	0%
3 Month Change	0%
1 Year Change	0%
3 Year Change	-11.15%
5 Year Change	-27.09%
Change since IPO	904.33%

Recent updates

Shareholder Returns

	IBM	GB IT	GB Market
7D	0%	0.4%	-0.03%
1Y	0%	-14.3%	-5.3%

Return vs Industry: IBM exceeded the UK IT industry which returned -13% over the past year.

Return vs Market: IBM exceeded the UK Market which returned -5% over the past year.

Price Volatility

Is IBM's price volatile compared to industry and market?
IBM volatility
IBM Average Weekly Movement	1.3%
IT Industry Average Movement	4.9%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.0%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: IBM is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: IBM's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1911	288,300	Arvind Krishna	https://www.ibm.com

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity.

International Business Machines Corporation Fundamentals Summary

How do International Business Machines's earnings and revenue compare to its market cap?
IBM fundamental statistics
Market Cap	US$120.24b
Earnings (TTM)	US$2.05b
Revenue (TTM)	US$60.59b

58.6x

P/E Ratio

2.0x

P/S Ratio

Is IBM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
IBM income statement (TTM)
Revenue	US$60.59b
Cost of Revenue	US$27.30b
Gross Profit	US$32.86b
Other Expenses	US$30.81b
Earnings	US$2.05b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

Jul 19, 2023

Earnings per share (EPS)	2.26
Gross Margin	54.24%
Net Profit Margin	3.39%
Debt/Equity Ratio	269.8%

How did IBM perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

291%

Payout Ratio

IBM Stock Overview

Rewards

Risk Analysis

International Business Machines Corporation Competitors

LSE:SCT

UK£2.7b

LSE:CCC

UK£2.6b

LSE:KNOS

UK£1.6b

AIM:KWS

UK£1.4b

Price History & Performance

Recent News & Updates

International Business Machines Corporation (NYSE:IBM) acquired Polar Security Ltd.

IBM Unveils End-To-End Quantum-Safe Technology to Safeguard Governments' and Businesses' Most-Valuable Data

Upcoming dividend of US$1.65 per share at 5.3% yield

Insufficient new directors

First quarter 2023 earnings released: EPS: US$1.03 (vs US$0.74 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.97 (vs US$5.26 in FY 2021)

Recent updates

International Business Machines Corporation (NYSE:IBM) acquired Polar Security Ltd.

IBM Unveils End-To-End Quantum-Safe Technology to Safeguard Governments' and Businesses' Most-Valuable Data

Upcoming dividend of US$1.65 per share at 5.3% yield

Insufficient new directors

First quarter 2023 earnings released: EPS: US$1.03 (vs US$0.74 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.97 (vs US$5.26 in FY 2021)

International Business Machines Corporation (NYSE:IBM) acquired StepZen, Inc.

Key Executive recently sold US$5.2m worth of stock

IBM Declares a Regular Quarterly Cash Dividend, Payable March 10, 2023

International Business Machines Corporation Provides Revenue Guidance for Full Year 2023

Full year 2022 earnings released: EPS: US$1.97 (vs US$5.26 in FY 2021)

Rosen Law Firm Files Securities Class Action Lawsuit Against International Business Machines Corporation

IBM Announces Executive Changes

Now 26% undervalued

International Business Machines Corporation to Report Q2, 2023 Results on Jul 19, 2023

International Business Machines Corporation (NYSE:IBM) agreed to acquire Octo Consulting Group, Inc. from Arlington Management Employees, LLC.

Insider recently sold US$445k worth of stock

IBM Announces Executive Changes

IBM Unveils 400 Qubit-Plus Quantum Processor and Next-Generation IBM Quantum System Two

IBM Launches New Software to Break Down Data Silos and Streamline Planning and Analytics

Upcoming dividend of US$1.65 per share

International Business Machines Corporation to Report Q4, 2022 Results on Jan 25, 2023

Third quarter 2022 earnings released: US$3.56 loss per share (vs US$1.26 profit in 3Q 2021)

IBM Introduces IBM Diamondback Tape Library

International Business Machines Corporation Provides Revenue Guidance for the Fiscal Year 2022

RemSense Technologies Limited Announces RemSense virtualplant Is Now Integrated with the IBM Maximo Application Suite

International Business Machines Corporation (NYSE:IBM) announces an Equity Buyback for 5.5% of its issued share capital, for £1,000 million.

International Business Machines Corporation (NYSE : IBM) entered into an agreement to acquire Dialexa LLC.

Independent Director recently bought US$125k worth of stock

IBM unveils the Next Generation of Its LinuxONE Server

IBM Unveiles the Next Generation of Its LinuxONE Server

Now 26% undervalued

Upcoming dividend of US$1.65 per share

IBM Approves Regular Quarterly Cash Dividend, Payable on September 10, 2022

Second quarter 2022 earnings released: EPS: US$1.63 (vs US$1.48 in 2Q 2021)

International Business Machines Corporation Provides Earnings Guidance for the Year 2022

IBM Expands Power10 Server Line

International Business Machines Corporation (NYSE:IBM) acquired Databand.ai, Ltd.

IBM Reveals New AI and Cloud Powered Fan Experiences for Wimbledon 2022

International Business Machines Corporation (NYSE:IBM) agreed to acquire Randori Inc.

Now 21% undervalued

Investor sentiment improved over the past week

Levi & Korsinsky, LLP Notifies Investors in International Business Machines Corporation of A Class Action Securities Lawsuit

IBM Appoints Mimi Poon as General Manager of IBM Hong Kong

International Business Machines Corporation Announces Class Action File on Behalf of International Business Machines Corporation Shareholders

Now 24% undervalued

Upcoming dividend of US$1.65 per share

First quarter 2022 earnings released: EPS: US$0.74 (vs US$0.45 in 1Q 2021)

The IBM Declares Regular Quarterly Cash Dividend, Payable on June 10, 2022

IBM and The Weather Company Unveil Latest Innovations to the Max Platform

First quarter 2022 earnings released: EPS: US$0.74 (vs US$1.07 in 1Q 2021)

International Business Machines Corporation Provides Full-Year 2022 Expectations

Milberg Coleman Bryson Phillips Grossman, LLC Announces Class Action Lawsuit Against International Business Machines Corporation

IBM Unveiled IBM® z16

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

International Business Machines Corporation (NYSE : IBM) completed the acquisition of Neudesic, LLC.

IBM Simplifies Modernization of Mission Critical Applications for Hybrid Cloud

International Business Machines Corporation to Report Q2, 2022 Results on Jul 18, 2022

IBM Targets Ransomware, Other Cyberattacks with Next-Generation Flash Storage Offerings