International Business Machines Corporation

NYSE:IBM Stok Raporu

Piyasa değeri: US$255.3b

International Business Machines Geçmiş Kazanç Performansı

Geçmiş kriter kontrolleri 5/6

International Business Machines yıllık ortalama 25.3% oranında kazançlarını artırırken, IT sektöründe kazançlar growing at 9.1% annual. Gelirler growing yılda ortalama 5.7% oranında artmaktadır. International Business Machines'in özkaynak karlılığı 32.5% ve net marjı 15.6%'dir.

Anahtar bilgiler

25.30%

Kazanç büyüme oranı

24.37%

EPS büyüme oranı

IT Sektör Büyümesi22.43%
Gelir büyüme oranı5.69%
Özkaynak getirisi32.47%
Net Marj15.58%
Sonraki Kazanç Güncellemesi22 Jul 2026

Yakın geçmiş performans güncellemeleri

Recent updates

Seeking Alpha • Jun 23

IBM's Big AI Move Warrants Attention, But Not An Upgrade

Summary International Business Machines Corporation maintains strong revenue, profit, and cash flow growth, driven by robust performance in Software, Consulting, and Infrastructure segments. Recent partnership with OpenAI's Daybreak Cyber Partner Program and Project Lightwell highlights IBM's strategic push into enterprise AI-driven cybersecurity. Software segment annual recurring revenue reached $24.6 billion, with notable growth in Hybrid Cloud (Red Hat), Automation, and Data units fueled by AI and acquisitions. Despite operational momentum and innovation, IBM remains a Hold due to relatively high valuation compared to peers, though an upgrade could be justified if trends persist. Read the full article on Seeking Alpha
Analiz Makalesi • Jun 22

IBM (IBM) Stock Could Be 2.7% Undervalued After Accenture Outlook Shook IT Services

International Business Machines (IBM) came under pressure after Accenture cut its revenue outlook, which raised fresh questions about IT services demand, AI consulting projects, and how higher interest rates are affecting large technology stocks. See our latest analysis for International Business Machines. For International Business Machines, the recent 5.05% one day share price decline and weaker short term momentum, with a 7 day share price return down 8.5% and year to date share price...
Anlatı Güncellemesi • Jun 16

IBM: Quantum Investments And Federal Support Will Reshape AI Infrastructure Story

Analysts raised their fair value estimate for International Business Machines to $390 from $335, citing higher long-term assumptions for revenue growth, profit margins, and future P/E, in light of recent bullish price target revisions across the Street that focus on IBM's AI, hybrid cloud, and quantum initiatives. Analyst Commentary Recent commentary on International Business Machines centers on how AI infrastructure, hybrid cloud, and quantum efforts feed into valuation, execution, and potential growth.
Anlatı Güncellemesi • Jun 02

IBM: Quantum And AI Hype Will Outrun Execution And Margin Delivery

Analyst fair value for International Business Machines has been reset from $201.51 to $195.00 as analysts balance recent price target moves around $350 with updated assumptions for discount rate, modestly higher revenue growth, slightly stronger profit margins, and a lower future P/E. Analyst Commentary Recent Street research on International Business Machines highlights a split view.
Anlatı Güncellemesi • May 28

This news is strategically bullish but financially asymmetric

Below is a structured investment-style analysis (in English) of how this news could affect IBM’s future earnings and valuation , incorporating both the quantum foundry (Anderon) and the Abertis consulting deal. IBM: Impact Analysis on Earnings & Valuation 1.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Yeni Anlatı • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Analiz Makalesi • 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
Yeni Anlatı • 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.
Yeni Anlatı • 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.

Gelir ve Gider Dağılımı

International Business Machines nasıl para kazanır ve harcar. LTM bazında en son bildirilen kazançlara dayanmaktadır.

Kazanç ve Gelir Geçmişi

NYSE:IBM Gelir, gider ve kazançlar (USD Millions )
TarihGelirKazançlarG+A GiderleriAr-Ge Giderleri
31 Mar 2668,91110,73319,5968,535
31 Dec 2567,53510,57119,3808,312
30 Sep 2565,4027,91819,1468,096
30 Jun 2564,0385,85719,1197,890
31 Mar 2562,8325,49419,1317,633
31 Dec 2462,7536,01519,2817,479
30 Sep 2462,5806,37319,0797,260
30 Jun 2462,3668,40418,7997,069
31 Mar 2462,0708,15518,5816,916
31 Dec 2361,8607,51418,9646,775
30 Sep 2361,1717,09818,5996,631
30 Jun 2360,5252,17018,7576,557
31 Mar 2360,5852,05418,9956,543
31 Dec 2260,5301,78219,2636,567
30 Sep 2260,5341,37619,5816,588
30 Jun 2259,6785,62719,6566,583
31 Mar 2258,3634,97219,6816,551
31 Dec 2157,3514,71320,0276,488
30 Sep 2142,5821,94618,3656,403
30 Jun 2146,8922,60818,6646,312
31 Mar 2150,7933,15919,0046,253
31 Dec 2055,1793,93220,5616,262
30 Sep 2075,0307,90521,3786,318
30 Jun 2075,4977,87921,4296,303
31 Mar 2076,5369,01821,0906,128
31 Dec 1957,7147,14618,7245,910
30 Sep 1977,1317,71919,8645,698
30 Jun 1977,8588,73819,6175,450
31 Mar 1978,7018,64119,8015,407
31 Dec 1879,5918,72319,3665,379
30 Sep 1880,3735,71820,6315,399
30 Jun 1880,7715,75121,5575,438
31 Mar 1880,0565,68021,0095,511
31 Dec 1779,1395,75821,1375,590
30 Sep 1778,36611,31620,4425,643
30 Jun 1778,43911,44519,4975,749
31 Mar 1779,39011,61720,1295,777
31 Dec 1679,91911,88120,2255,726
30 Sep 1680,20811,83620,1885,682
30 Jun 1680,26111,94320,1005,572
31 Mar 1680,83512,96519,7885,407
31 Dec 1581,74113,36419,5895,247
30 Sep 1583,79514,41719,8445,205
30 Jun 1586,91314,91120,4745,272

Kaliteli Kazançlar: IBM yüksek kaliteli kazançlar sağlıyor.

Büyüyen Kar Marjı: IBM 'nin mevcut net kar marjları (15.6%) geçen yılın (8.7%) sinden daha yüksektir.

Serbest Nakit Akışı ve Kazanç Analizi

Geçmiş Kazanç Büyüme Analizi

Kazanç Eğilimi: IBM şirketinin kazançları son 5 yılda yılda 25.3% oranında önemli ölçüde arttı.

Büyüme Hızlandırma: IBM 'un son bir yıldaki kazanç büyümesi ( 95.4% ) 5 yıllık ortalamasını (yıllık 25.3% ) aşıyor.

Kazançlar vs. Sektör: IBM geçen yılki kazanç büyümesi ( 95.4% ) IT sektörünün 2% değerini aştı.

Özkaynak Getirisi

Yüksek ROE: IBM 'nin Özsermaye Getirisi ( 32.47% ) yüksek olsa da, bu ölçüm yüksek borç seviyeleri nedeniyle çarpıktır.

Varlık Getirisi

Kullanılan Sermaye Getirisi

Geçmişte güçlü performans gösteren şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/06/29 21:47
Gün Sonu Hisse Fiyatı2026/06/29 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntıları GitHub sayfamızda mevcuttur; ayrıca raporlarımızı nasıl kullanacağınıza dair kılavuzlarımız ve YouTube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

International Business Machines Corporation 49 Bu analistlerden 20, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
James KelleherArgus Research Company
Raimo LenschowBarclays
Benjamin ReitzesBarclays