FY2027 Earnings Estimate for IBM Issued By Erste Group Bank

International Business Machines Corporation (NYSE:IBM) – Analysts at Erste Group Bank decreased their FY2027 EPS estimates for shares of International Business Machines in a report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the technology company will post earnings of $13.38 per share for the year, down from their previous forecast of $13.41. The consensus estimate for International Business Machines’ current full-year earnings is $12.33 per share.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. During the same quarter last year, the business earned $1.60 earnings per share. The firm’s revenue was up 9.5% on a year-over-year basis.

Several other brokerages have also weighed in on IBM. Citigroup lifted their price target on International Business Machines from $285.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Barclays started coverage on International Business Machines in a research report on Monday, June 1st. They set an “overweight” rating and a $350.00 price target on the stock. JPMorgan Chase & Co. raised International Business Machines from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $270.00 to $291.00 in a report on Tuesday, June 23rd. Roth Capital restated a “buy” rating on shares of International Business Machines in a research report on Wednesday, June 3rd. Finally, Needham & Company LLC started coverage on International Business Machines in a research note on Wednesday, June 3rd. They set a “buy” rating for the company. Fifteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $301.83.

International Business Machines Trading Up 3.9%

Shares of International Business Machines stock opened at $219.39 on Friday. The firm has a 50-day simple moving average of $264.17 and a two-hundred day simple moving average of $263.94. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. International Business Machines has a fifty-two week low of $204.44 and a fifty-two week high of $332.46. The company has a market cap of $206.21 billion, a P/E ratio of 19.40, a price-to-earnings-growth ratio of 2.06 and a beta of 0.68.

Hedge Funds Weigh In On International Business Machines

A number of hedge funds have recently made changes to their positions in IBM. Family CFO Inc purchased a new stake in shares of International Business Machines during the fourth quarter worth approximately $25,000. Basepoint Wealth LLC purchased a new position in International Business Machines in the 4th quarter valued at $25,000. Portus Wealth Advisors LLC purchased a new position in International Business Machines in the 1st quarter valued at $26,000. Joseph Group Capital Management acquired a new stake in International Business Machines during the 4th quarter worth $28,000. Finally, Cornerstone Financial Management LLC acquired a new stake in International Business Machines during the 4th quarter worth $28,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were paid a dividend of $1.69 per share. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date was Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 3.1%. International Business Machines’s dividend payout ratio (DPR) is presently 59.77%.

Trending Headlines about International Business Machines

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

• Negative Sentiment: IBM’s weak Q2 pre-announcement missed Wall Street estimates and pointed to softer software and enterprise demand as customers redirected spending toward AI infrastructure. IBM Just Pre-Announced an Earnings Miss. The Reason Reveals Where AI Money Is Really Flowing.
• Negative Sentiment: Analysts have begun cutting estimates and lowering price targets after the warning, signaling that the market expects slower growth near term. IBM Q2 preview miss prompts analysts to cut estimates on softer demand
• Negative Sentiment: Multiple law firms announced securities-fraud investigations following the sharp drop, which can add overhang and keep investors cautious. IBM Legal Notice: IBM is being Investigated for Securities Fraud – Investors Notified to Contact BFA Law if You Suffered Losses
• Negative Sentiment: Media coverage has highlighted IBM’s worst single-day collapse in decades, which can reinforce momentum selling and weaken confidence in the stock. The Boardroom Debate That Led to IBM’s Historic 25% Stock Plunge

International Business Machines Company Profile

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.