International Business Machines Corporation

NYSE:IBM Aktierapport

Börsvärde: US$238.6b

International Business Machines Framtida tillväxt

Future kriterier kontrolleras 2/6

International Business Machines förväntas öka intäkter och intäkter med 5.8% respektive 4.5% per år. EPS förväntas tillväxt med 4.9% per år. Avkastningen på eget kapital förväntas bli 25.3% om 3 år.

Viktig information

5.8%

Tillväxttakt i vinsten

4.91%

Tillväxttakt för EPS

IT vinsttillväxt18.7%
Intäkternas tillväxttakt4.5%
Framtida avkastning på eget kapital25.26%
Bevakning av analytiker

Good

Senast uppdaterad22 May 2026

Senaste uppdateringarna om framtida tillväxt

Recent updates

Seeking Alpha • May 21

Wall Street Lunch: Washington Advances Quantum Race With $2B CHIPS Funding

Summary The U.S. government is investing over $2B in quantum computing firms, taking minority stakes and accelerating domestic quantum chip manufacturing. IBM is launching Anderson, a standalone quantum foundry, while GlobalFoundries receives $375M to expand its quantum unit. Walmart issues cautious guidance below consensus, while Ralph Lauren posts strong Q4 results and upbeat outlook. OpenAI may pursue a record-breaking $1T IPO, and SpaceX claims a $28.5T total addressable market driven by AI. Read the full article on Seeking Alpha
Uppdatering av berättelse • 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.
Uppdatering av berättelse • 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.
Ny berättelse • 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.
Uppdatering av berättelse • 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.
Uppdatering av berättelse • 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.
Ny berättelse • Apr 06

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.
Uppdatering av berättelse • 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.
Uppdatering av berättelse • 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.
Uppdatering av berättelse • 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.
Uppdatering av berättelse • 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.
Uppdatering av berättelse • 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.
Uppdatering av berättelse • 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.
Uppdatering av berättelse • Jan 06

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.
Uppdatering av berättelse • Dec 17

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.
Uppdatering av berättelse • Dec 03

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.
Uppdatering av berättelse • Nov 18

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.
Uppdatering av berättelse • Nov 04

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.
Uppdatering av berättelse • Oct 21

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.
Analysartikel • Aug 20

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

Key Insights International Business Machines' estimated fair value is US$271 based on 2 Stage Free Cash Flow to Equity...
Seeking Alpha • Apr 24

Wall Street Breakfast Podcast: Big Slide For Big Blue

Summary IBM's Q1 results showed strong software revenue growth but were overshadowed by consulting declines and DOGE-related concerns. Gold steadied after a significant drop, presenting a dip buying opportunity, with central banks likely to support prices. Tesla's supervised FSD ride-hailing service is live for employees in Austin and the Bay Area. Read the full article on Seeking Alpha
Seeking Alpha • Apr 18

IBM Acquiring Hakkoda Enhances Its Transformation From It's Legacy Businesses

Summary IBM's transformation into a leader in cloud, consulting, and AI has driven strong returns, with the Hakkoda acquisition enhancing its data transformation services. Despite competition from giants like Amazon, Microsoft, and Alphabet, IBM's strategic focus on AI and cloud positions it well for future growth. IBM's financial health is robust, with increasing revenue, profitability, and a strong dividend yield, making it an attractive investment. Projected EPS growth of 14.3% over the next two years and strategic acquisitions suggest IBM is undervalued and poised for continued success. Read the full article on Seeking Alpha
Ny berättelse • Apr 08

Generative 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.
Ny berättelse • Apr 08

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.
Seeking Alpha • Apr 05

IBM: Is The Stock Price Overvalued?

Summary IBM's valuation ratios indicate potential overvaluation, but expected revenue recovery and improving FCF growth may justify higher P/S multiples. Our DCF model shows a 19% upside for IBM, driven by hybrid cloud expansion, watsonx AI, and synergies between hybrid cloud and consulting. Despite historical underperformance, IBM's Software segment and hybrid cloud business are projected to support higher profitability margins and sustained growth. We upgraded IBM's price target to $299.57, reflecting higher margin growth and terminal value based on a 5-year average EV/EBITDA. Read the full article on Seeking Alpha
Seeking Alpha • Mar 16

IBM: Steady In A Downturn

Summary IBM's strategic pivot under CEO Arvind Krishna has positioned it in growth areas like AI and hybrid cloud, enhancing its business performance and investor appeal. IBM's stock has shown resilience and outperformance, offering a defensive hedge against broader tech sector volatility, with a 14% YTD return versus Nasdaq's 7% decline. Impressive Q4 earnings with solid revenue growth, margin expansion, and a $12.7B FCF, alongside a strong AI business, bolster IBM's investment case. Despite a high valuation and leverage concerns, IBM's structural shift to software and recurring revenue supports a buy rating due to sustained performance and growth potential. Read the full article on Seeking Alpha

Prognoser för vinst- och omsättningstillväxt

NYSE:IBM - Analytikernas framtida uppskattningar och tidigare finansiella data (USD Millions )
DatumIntäkterIntäkterFritt kassaflödeKassaflöde från rörelsenGenomsnittligt Antal analytiker
12/31/202878,92212,82118,49517,74812
12/31/202774,63611,53217,02817,96420
12/31/202671,4659,93715,68018,17920
3/31/202668,91110,73312,25813,992N/A
12/31/202567,53510,57111,45513,193N/A
9/30/202565,4027,91811,85413,483N/A
6/30/202564,0385,85711,64613,282N/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
3/31/202076,5369,01811,49214,487N/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
6/30/201586,91314,911N/A17,456N/A

Analytiker Framtid Tillväxt Prognoser

Intäkter kontra sparande: IBM s prognostiserade vinsttillväxt ( 5.8% per år) är över sparkvoten ( 3.5% ).

Resultat vs marknad: IBM s intäkter ( 5.8% per år) förväntas växa långsammare än marknaden för US ( 16.8% per år).

Höga tillväxtresultat: IBM s intäkter förväntas växa, men inte avsevärt.

Intäkt vs marknad: IBM s intäkter ( 4.5% per år) förväntas växa långsammare än marknaden för US ( 11.7% per år).

Hög tillväxtintäkter: IBM s intäkter ( 4.5% per år) förväntas växa långsammare än 20% per år.

Tillväxtprognoser för vinst per aktie

Framtida avkastning på eget kapital

Framtida ROE: IBM s avkastning på eget kapital förväntas bli hög om 3 år ( 25.3 %)

Upptäck tillväxtföretag

7D

1Y

7D

1Y

7D

1Y

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/24 12:05
Aktiekurs vid dagens slut2026/05/22 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

International Business Machines Corporation bevakas av 51 analytiker. 20 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
James KelleherArgus Research Company
Benjamin ReitzesBarclays
Josep BoriBerenberg