International Business Machines Management
Management criteria checks 2/4
International Business Machines' CEO is Arvind Krishna, appointed in Apr 2020, has a tenure of 6.08 years. total yearly compensation is $37.99M, comprised of 3.9% salary and 96.1% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth $86.36M. The average tenure of the management team and the board of directors is 6.2 years and 11.7 years respectively.
Key information
Arvind Krishna
Chief executive officer
US$38.0m
Total compensation
| CEO salary percentage | 3.95% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.04% |
| Management average tenure | 6.2yrs |
| Board average tenure | 11.7yrs |
Recent management updates
Recent updates
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.
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.
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.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.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.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.IBM: Why Anthropic's AI Threat Is Overblown, Upgrading To Buy
Feb 24IBM: 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.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.
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.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.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.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.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.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.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.Estimating The Intrinsic Value Of International Business Machines Corporation (NYSE:IBM)
Aug 20
Investors Can Find Comfort In International Business Machines' (NYSE:IBM) Earnings Quality
May 07Wall Street Breakfast Podcast: Big Slide For Big Blue
Apr 24IBM Acquiring Hakkoda Enhances Its Transformation From It's Legacy Businesses
Apr 18Generative 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.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.IBM: Is The Stock Price Overvalued?
Apr 05IBM: Steady In A Downturn
Mar 16IBM's Return To The Throne Could Take Longer Than I Expected (Rating Downgrade)
Feb 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$11b |
| Dec 31 2025 | US$38m | US$2m | US$11b |
| Sep 30 2025 | n/a | n/a | US$8b |
| Jun 30 2025 | n/a | n/a | US$6b |
| Mar 31 2025 | n/a | n/a | US$5b |
| Dec 31 2024 | US$25m | US$2m | US$6b |
| Sep 30 2024 | n/a | n/a | US$6b |
| Jun 30 2024 | n/a | n/a | US$8b |
| Mar 31 2024 | n/a | n/a | US$8b |
| Dec 31 2023 | US$20m | US$2m | US$8b |
| Sep 30 2023 | n/a | n/a | US$7b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$17m | US$2m | US$2b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$6b |
| Mar 31 2022 | n/a | n/a | US$5b |
| Dec 31 2021 | US$18m | US$2m | US$5b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$17m | US$1m | US$4b |
Compensation vs Market: Arvind's total compensation ($USD37.99M) is above average for companies of similar size in the US market ($USD14.60M).
Compensation vs Earnings: Arvind's compensation has increased by more than 20% in the past year.
CEO
Arvind Krishna (62 yo)
6.1yrs
Tenure
US$37,989,685
Compensation
Mr. Arvind Krishna serves as an Independent Director of Northrop Grumman Corporation since November 2022. He serves as Director at Federal Reserve Bank of New York since 2022. He serves as a Director at Th...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 6.1yrs | US$37.99m | 0.040% $ 86.4m | |
| CFO and Senior VP of Finance & Operations | 8.3yrs | US$18.84m | 0.019% $ 40.7m | |
| Senior VP & Chief Legal Officer | 1.8yrs | US$12.46m | 0.0011% $ 2.4m | |
| Senior VP of IBM Software & Chief Commercial Officer | 6.3yrs | US$17.49m | 0.0097% $ 21.1m | |
| Executive Vice Chairman | 5.3yrs | US$16.24m | 0.012% $ 25.7m | |
| Senior Vice President of Transformation & Operations | no data | no data | no data | |
| Global Head of Investor Relations | no data | no data | no data | |
| Senior Vice President of Marketing & Communications | 6.3yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 5.7yrs | no data | 0.0060% $ 13.2m | |
| Chief Innovation Officer Emeritus | 20.6yrs | no data | no data | |
| Senior Vice President of Strategy and Mergers & Acquisitions | no data | no data | no data | |
| VP of Sales and Head of The Industry Solutions Area In Central & Eastern Europe | no data | no data | no data |
6.2yrs
Average Tenure
59yo
Average Age
Experienced Management: IBM's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 6.1yrs | US$37.99m | 0.040% $ 86.4m | |
| Independent Director | 14.3yrs | US$511.04k | 0.0011% $ 2.5m | |
| Independent Director | 11.3yrs | US$602.02k | no data | |
| Independent Director | 16.3yrs | US$669.94k | 0.00028% $ 611.1k | |
| Member of Watson Healthcare Advisory Board | no data | no data | no data | |
| Lead Independent Director | 11.7yrs | US$644.29k | 0.00047% $ 1.0m | |
| Member of Watson Healthcare Advisory Board | 14.2yrs | no data | no data | |
| Member of Watson Healthcare Advisory Board | no data | no data | no data | |
| Member of Watson Healthcare Advisory Board | no data | no data | no data | |
| Independent Director | 6.1yrs | US$451.08k | no data | |
| Member of Watson Healthcare Advisory Board | no data | no data | no data | |
| Member of Watson Healthcare Advisory Board | no data | no data | no data |
11.7yrs
Average Tenure
66yo
Average Age
Experienced Board: IBM's board of directors are seasoned and experienced ( 11.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 21:27 |
| End of Day Share Price | 2026/05/04 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
International Business Machines Corporation is covered by 51 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Benjamin Reitzes | Barclays |
| Josep Bori | Berenberg |