International Business Machines Future Growth

Future criteria checks 2/6

International Business Machines is forecast to grow earnings and revenue by 5.7% and 3.8% per annum respectively. EPS is expected to grow by 5.2% per annum. Return on equity is forecast to be 31.9% in 3 years.

Key information

5.7%

Earnings growth rate

5.2%

EPS growth rate

IT earnings growth	17.0%
Revenue growth rate	3.8%
Future return on equity	31.9%
Analyst coverage	Good
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

International Business Machines Corporation's (NYSE:IBM) Popularity With Investors Is Under Threat From Overpricing

Apr 16

IBM: Best Strategies For Success

Apr 16

International Business Machines Corporation's (NYSE:IBM) Intrinsic Value Is Potentially 47% Above Its Share Price

Apr 02

IBM: Growth In Software And Consulting Should Drive Future Recurring Growth

Apr 01

Does International Business Machines (NYSE:IBM) Deserve A Spot On Your Watchlist?

Mar 06

Risks To Shareholder Returns Are Elevated At These Prices For International Business Machines Corporation (NYSE:IBM)

Jan 03

IBM: Hybrid Platform & Solutions And Consulting Steer The Ship After Kyndryl Spun-Off

Dec 30

IBM: Why An Investment Might Not Make Sense

Dec 22

IBM: Defying Massive Skepticism As It Surged Above A 5-Year High

Dec 16

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

Dec 04

IBM Extends Its Goals For AI And Quantum Computing

Nov 14

IBM: Still Hold, Limited Near-Term Upside

Oct 31

Earnings and Revenue Growth Forecasts

NYSE:IBM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	69,755	9,096	13,355	14,356	10
12/31/2025	66,509	8,643	12,441	14,303	18
12/31/2024	63,594	8,041	11,935	13,225	19
12/31/2023	61,860	7,514	12,121	13,931	N/A
9/30/2023	61,171	7,098	11,515	13,433	N/A
6/30/2023	60,525	2,170	10,298	12,278	N/A
3/31/2023	60,585	2,054	8,971	10,961	N/A
12/31/2022	60,530	1,782	8,463	10,435	N/A
9/30/2022	60,534	1,376	6,997	9,014	N/A
6/30/2022	59,678	5,627	7,530	9,826	N/A
3/31/2022	58,363	4,972	8,581	11,130	N/A
12/31/2021	57,351	4,713	10,028	12,796	N/A
9/30/2021	42,582	1,946	13,124	16,112	N/A
6/30/2021	46,892	2,608	14,537	17,684	N/A
3/31/2021	50,793	3,159	15,519	18,635	N/A
12/31/2020	55,179	3,932	14,967	18,197	N/A
9/30/2020	75,030	7,905	12,650	15,788	N/A
6/30/2020	75,497	7,879	12,126	15,122	N/A
3/31/2020	76,536	9,018	11,492	14,487	N/A
12/31/2019	57,714	7,146	11,863	14,770	N/A
9/30/2019	77,131	7,719	12,327	15,438	N/A
6/30/2019	77,858	8,738	12,736	16,051	N/A
3/31/2019	78,701	8,641	11,741	15,404	N/A
12/31/2018	79,591	8,723	11,283	15,247	N/A
9/30/2018	80,373	5,718	12,741	16,861	N/A
6/30/2018	80,771	5,751	12,053	16,199	N/A
3/31/2018	80,056	5,680	13,479	17,371	N/A
12/31/2017	79,139	5,758	12,951	16,724	N/A
9/30/2017	78,366	11,316	N/A	14,970	N/A
6/30/2017	78,439	11,445	N/A	15,517	N/A
3/31/2017	79,390	11,617	N/A	15,509	N/A
12/31/2016	79,919	11,881	N/A	17,084	N/A
9/30/2016	80,208	11,836	N/A	18,384	N/A
6/30/2016	80,261	11,943	N/A	18,503	N/A
3/31/2016	80,835	12,965	N/A	18,928	N/A
12/31/2015	81,741	13,364	N/A	17,255	N/A
9/30/2015	83,795	14,417	N/A	17,788	N/A
6/30/2015	86,913	14,911	N/A	17,456	N/A
3/31/2015	90,147	15,637	N/A	17,152	N/A
12/31/2014	92,793	15,751	N/A	16,868	N/A
9/30/2014	96,066	16,453	N/A	17,337	N/A
6/30/2014	97,007	17,137	N/A	17,193	N/A
3/31/2014	97,196	16,379	N/A	16,788	N/A
12/31/2013	98,368	16,881	N/A	17,485	N/A
9/30/2013	100,286	16,498	N/A	17,303	N/A
6/30/2013	101,695	16,182	N/A	18,057	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IBM's forecast earnings growth (5.7% per year) is above the savings rate (2.3%).

Earnings vs Market: IBM's earnings (5.7% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: IBM's earnings are forecast to grow, but not significantly.

Revenue vs Market: IBM's revenue (3.8% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: IBM's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IBM's Return on Equity is forecast to be high in 3 years time (31.9%)

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International Business Machines Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

International Business Machines Corporation Provides Earnings Guidance for the Year 2024

Recent updates

International Business Machines Corporation (NYSE:IBM) entered into a definitive agreement to acquire HashiCorp, Inc. (NasdaqGS:HCP) for $7.4 billion.

International Business Machines Corporation's (NYSE:IBM) Popularity With Investors Is Under Threat From Overpricing

IBM: Best Strategies For Success

Rensselaer Polytechnic Institute and IBM Unveil the World's First IBM Quantum System One on A University Campus

International Business Machines Corporation's (NYSE:IBM) Intrinsic Value Is Potentially 47% Above Its Share Price

IBM: Growth In Software And Consulting Should Drive Future Recurring Growth

International Business Machines Corporation, Annual General Meeting, Apr 30, 2024

Does International Business Machines (NYSE:IBM) Deserve A Spot On Your Watchlist?

Full year 2023 earnings: EPS exceeds analyst expectations

IBM: Thanks To AI, Its Free Cash Outlook Has Never Looked Better

CEO & Chairman of the Board exercised options and sold US$1.0m worth of stock

Insider recently sold US$1.8m worth of stock

Fourth quarter dividend of US$1.66 announced

IBM 2024 Outlook: Uniquely Set To Ride The Open-Source AI Wave

IBM Approves Regular Quarterly Cash Dividend, Payable on March 9, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

International Business Machines Corporation Provides Earnings Guidance for the Year 2024

International Business Machines Corporation to Report Q3, 2024 Results on Oct 23, 2024

IBM: Trading Like The Also-Ran It Isn't

Does International Business Machines (NYSE:IBM) Have A Healthy Balance Sheet?

Now 20% undervalued

IBM Introduces IBM Consulting Advantage, an Ai Services Platform and Library of Assistants to Empower Consultants

IBM Announces Establishment of an Industry-Wide Open-Source Platform to Provide Interoperability Testing for Vehicle and Charging Network Operators and Others

Risks To Shareholder Returns Are Elevated At These Prices For International Business Machines Corporation (NYSE:IBM)

Executive Vice Chairman exercised options and sold US$2.1m worth of stock

IBM: Hybrid Platform & Solutions And Consulting Steer The Ship After Kyndryl Spun-Off

IBM: Why An Investment Might Not Make Sense

IBM: Defying Massive Skepticism As It Surged Above A 5-Year High

CEO & Chairman of the Board exercised options and sold US$2.7m worth of stock

IBM Elects Marianne C. Brown to Its Board of Directors

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

IBM Unveils Watsonx.Governance to Help Businesses and Governments Govern and Build Trust in Generative AI

IBM Extends Its Goals For AI And Quantum Computing

International Business Machines Corporation to Report Q4, 2023 Results on Jan 24, 2024

IBM Unveils Cloud-Native SIEM Built to Maximize Security Teams' Time and Talent

International Business Machines Corporation Declares Regular Quarterly Cash Dividend, Payable on December 9, 2023

IBM: Still Hold, Limited Near-Term Upside

International Business Machines Corporation Declares Regular Quarterly Cash Dividend, Payable on December 9, 2023

Third quarter 2023 earnings: EPS misses analyst expectations

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies