Zacks Research Issues Negative Forecast for IBM Earnings

International Business Machines Co. (NYSE:IBM) – Stock analysts at Zacks Research cut their Q1 2025 earnings per share estimates for International Business Machines in a report released on Thursday, December 5th. Zacks Research analyst S. Bose now forecasts that the technology company will earn $1.57 per share for the quarter, down from their previous estimate of $1.60. The consensus estimate for International Business Machines’ current full-year earnings is $10.12 per share. Zacks Research also issued estimates for International Business Machines’ Q3 2025 earnings at $2.49 EPS, Q3 2026 earnings at $2.65 EPS and FY2026 earnings at $11.22 EPS.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, October 23rd. The technology company reported $2.30 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.03. The firm had revenue of $14.97 billion during the quarter, compared to the consensus estimate of $15.08 billion. International Business Machines had a return on equity of 40.52% and a net margin of 10.22%. The firm’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.20 EPS.

IBM has been the topic of several other research reports. The Goldman Sachs Group raised their price target on shares of International Business Machines from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, September 30th. Stifel Nicolaus lifted their target price on International Business Machines from $205.00 to $246.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. BMO Capital Markets increased their price target on International Business Machines from $235.00 to $260.00 and gave the stock a “market perform” rating in a research note on Thursday, October 24th. Jefferies Financial Group lifted their price objective on shares of International Business Machines from $200.00 to $245.00 and gave the company a “hold” rating in a research note on Monday, October 21st. Finally, StockNews.com lowered shares of International Business Machines from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, International Business Machines currently has a consensus rating of “Hold” and a consensus price target of $208.12.

International Business Machines Trading Down 3.4 %

Shares of NYSE:IBM opened at $230.02 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 2.16. The company’s 50-day moving average price is $221.92 and its 200 day moving average price is $200.27. The company has a market cap of $212.69 billion, a PE ratio of 33.48, a P/E/G ratio of 5.34 and a beta of 0.73. International Business Machines has a fifty-two week low of $157.88 and a fifty-two week high of $239.35.

International Business Machines Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 12th will be issued a dividend of $1.67 per share. This represents a $6.68 annualized dividend and a dividend yield of 2.90%. The ex-dividend date is Tuesday, November 12th. International Business Machines’s dividend payout ratio is 97.23%.

Insider Activity at International Business Machines

In related news, SVP Nickle Jaclyn Lamoreaux sold 3,600 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $215.20, for a total value of $774,720.00. Following the completion of the transaction, the senior vice president now owns 25,390 shares of the company’s stock, valued at approximately $5,463,928. This trade represents a 12.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.07% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On International Business Machines

A number of large investors have recently made changes to their positions in the business. Ellenbecker Investment Group increased its stake in shares of International Business Machines by 2.3% in the third quarter. Ellenbecker Investment Group now owns 2,049 shares of the technology company’s stock worth $453,000 after acquiring an additional 46 shares during the last quarter. Goldstein Advisors LLC increased its position in International Business Machines by 4.0% in the 3rd quarter. Goldstein Advisors LLC now owns 1,217 shares of the technology company’s stock worth $269,000 after purchasing an additional 47 shares during the last quarter. Vertex Planning Partners LLC raised its stake in shares of International Business Machines by 3.6% during the 3rd quarter. Vertex Planning Partners LLC now owns 1,346 shares of the technology company’s stock worth $298,000 after purchasing an additional 47 shares in the last quarter. Sollinda Capital Management LLC lifted its holdings in shares of International Business Machines by 3.7% during the 3rd quarter. Sollinda Capital Management LLC now owns 1,360 shares of the technology company’s stock valued at $301,000 after buying an additional 49 shares during the last quarter. Finally, Lansing Street Advisors grew its stake in shares of International Business Machines by 3.4% in the 3rd quarter. Lansing Street Advisors now owns 1,503 shares of the technology company’s stock valued at $332,000 after buying an additional 49 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.