International Business Machines (NYSE:IBM) Stock Price Down 1.2% – Here’s What Happened

International Business Machines Corporation (NYSE:IBM) fell 1.2% on Tuesday . The company traded as low as $302.00 and last traded at $302.0620. 1,872,233 shares changed hands during trading, a decline of 61% from the average session volume of 4,762,591 shares. The stock had previously closed at $305.74.

Key Stores Impacting International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: Coverage highlights IBM’s transformation into an AI leader in 2025, reinforcing investor confidence in recurring‑revenue AI products and services as a durable growth thesis. IBM Became an AI Powerhouse in 2025
• Positive Sentiment: High‑profile endorsement from Jim Cramer calling IBM “still cheap” can boost retail/short‑term buying interest and supports valuation narratives for value/ income investors. Jim Cramer on International Business Machines: “It’s Still Cheap”
• Positive Sentiment: Operational expansion: IBM’s partnership with Pearson to deliver AI‑powered learning tools extends its enterprise AI footprint into education and training — a potential recurring‑revenue channel for model deployment and services. Can IBM’s AI Investments Secure Future Market Leadership?
• Positive Sentiment: Longer‑term tech differentiation: analysts flag IBM’s diversified quantum roadmap and steady progress versus pure‑play quantum firms, which supports IBM’s broader R&D moat into 2026. 2026 Big Tech Quantum Bets: IBM and Amazon’s Edge Over Pure-Plays?
• Neutral Sentiment: IBM continues to be featured among high‑yield S&P names — appealing to income investors; this is supportive but not an immediate catalyst for large price moves. Top 5 High-Yield S&P 500 Stocks to Buy for 2026
• Neutral Sentiment: Widespread obituaries and retrospectives mark the death of Lou Gerstner, the CEO credited with IBM’s 1990s turnaround; important for corporate history but unlikely to change near‑term fundamentals. Louis V. Gerstner, Who Revived a Faltering IBM in the ’90s, Dies at 83
• Negative Sentiment: Heavy obituary headlines and media attention can create short‑term sentiment pressure and profit‑taking, contributing to intraday weakness despite positive strategic headlines. Lou Gerstner, the Man Who Revived IBM

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wall Street Zen cut shares of International Business Machines from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Jefferies Financial Group boosted their target price on International Business Machines from $280.00 to $305.00 and gave the stock a “hold” rating in a research note on Tuesday, October 21st. Oppenheimer initiated coverage on International Business Machines in a report on Friday, November 21st. They issued an “outperform” rating and a $360.00 target price for the company. Sanford C. Bernstein restated a “market perform” rating on shares of International Business Machines in a report on Wednesday, December 10th. Finally, Weiss Ratings raised shares of International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $293.38.

International Business Machines Price Performance

The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 1.97. The stock has a fifty day moving average of $304.06 and a two-hundred day moving average of $281.03. The stock has a market cap of $282.35 billion, a price-to-earnings ratio of 36.13, a price-to-earnings-growth ratio of 3.04 and a beta of 0.69.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.20. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The company had revenue of $16.33 billion for the quarter, compared to the consensus estimate of $16.10 billion. During the same period last year, the business posted $2.30 EPS. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, equities research analysts anticipate that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th were issued a $1.68 dividend. The ex-dividend date was Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.2%. International Business Machines’s dividend payout ratio is presently 80.38%.

Institutional Investors Weigh In On International Business Machines

A number of large investors have recently added to or reduced their stakes in the stock. Family CFO Inc acquired a new position in International Business Machines during the 2nd quarter valued at about $25,000. Winnow Wealth LLC acquired a new stake in shares of International Business Machines in the 2nd quarter valued at approximately $27,000. Mountain Hill Investment Partners Corp. bought a new position in International Business Machines during the 3rd quarter worth approximately $28,000. SWAN Capital LLC bought a new stake in International Business Machines in the third quarter valued at approximately $28,000. Finally, Silicon Valley Capital Partners boosted its position in shares of International Business Machines by 322.6% during the first quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.