International Business Machines Future Growth
Future criteria checks 2/6
International Business Machines is forecast to grow earnings and revenue by 5% and 4% per annum respectively. EPS is expected to grow by 3.6% per annum. Return on equity is forecast to be 29.6% in 3 years.
Key information
5.0%
Earnings growth rate
3.6%
EPS growth rate
| IT earnings growth | 13.9% |
| Revenue growth rate | 4.0% |
| Future return on equity | 29.6% |
| Analyst coverage | Good |
| Last updated | 20 Aug 2024 |
Recent future growth updates
Recent updates
International Business Machines Corporation's (NYSE:IBM) Business Is Yet to Catch Up With Its Share Price
Aug 19
International Business Machines Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 01IBM Q2: Software Growth Potential Supports Buy Thesis
Jul 25Does International Business Machines (NYSE:IBM) Have A Healthy Balance Sheet?
Jul 15IBM: Quantum Computing, Growth And Dividends
Jul 06IBM: 5 Reasons To Stay Bullish Into The Second Half Of 2024
Jun 30Do International Business Machines' (NYSE:IBM) Earnings Warrant Your Attention?
Jun 04IBM: Persistent Challenges
May 28International Business Machines (NYSE:IBM) Has Announced That It Will Be Increasing Its Dividend To $1.67
May 07IBM: Big Blue Sees Crimson As It Blows Money On HashiCorp
Apr 26International Business Machines Corporation's (NYSE:IBM) Popularity With Investors Is Under Threat From Overpricing
Apr 16IBM: Best Strategies For Success
Apr 16International Business Machines Corporation's (NYSE:IBM) Intrinsic Value Is Potentially 47% Above Its Share Price
Apr 02IBM: Growth In Software And Consulting Should Drive Future Recurring Growth
Apr 01Does International Business Machines (NYSE:IBM) Deserve A Spot On Your Watchlist?
Mar 06IBM: Thanks To AI, Its Free Cash Outlook Has Never Looked Better
Feb 27IBM 2024 Outlook: Uniquely Set To Ride The Open-Source AI Wave
Jan 30IBM: Trading Like The Also-Ran It Isn't
Jan 22Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 69,166 | 9,285 | 13,375 | 15,122 | 11 |
| 12/31/2025 | 66,143 | 8,540 | 12,662 | 14,720 | 19 |
| 12/31/2024 | 63,198 | 8,417 | 12,041 | 14,224 | 20 |
| 6/30/2024 | 62,363 | 8,404 | 12,095 | 13,753 | N/A |
| 3/31/2024 | 62,069 | 8,155 | 12,610 | 14,325 | N/A |
| 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 | 60,526 | 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 | N/A | 17,371 | N/A |
| 12/31/2017 | 79,139 | 5,758 | N/A | 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IBM's forecast earnings growth (5% per year) is above the savings rate (2.5%).
Earnings vs Market: IBM's earnings (5% per year) are forecast to grow slower than the US market (15.2% per year).
High Growth Earnings: IBM's earnings are forecast to grow, but not significantly.
Revenue vs Market: IBM's revenue (4% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: IBM's revenue (4% 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 (29.6%)