International Business Machines Corporation
IBM · NYSE
Company research
International Business Machines Corporation (IBM), traded on the NYSE under the ticker symbol IBM, is a global leader in Information Technology Services headquartered in Armonk, New York, with operations spanning over 175 countries. Founded in 1911 as the Computing-Tabulating-Recording Company and later renamed IBM in 1924, the company has grown into one of the world's largest and most influential technology firms, delivering integrated solutions across four core segments: Software, Consulting, Infrastructure, and Financing. Under the leadership of Chairman and CEO Arvind Krishna, IBM focuses on hybrid cloud platforms, artificial intelligence, cybersecurity, and enterprise consulting services, embedding AI into core business systems and workflows to help clients solve complex challenges at scale. With approximately 286,800 full-time employees and a market capitalization of approximately $198.5 billion, IBM continues to leverage its legacy of innovation — holding a record-setting number of U.S. patents — to drive digital transformation for clients across industries including banking, healthcare, retail, and government worldwide.
Research reports
Eight-page quant-driven report that rates IBM a Buy, highlighting strong growth and quality scores, consistent earnings beats, solid margins, and improving free cash flow while noting valuation is above historical averages and flagging goodwill, negative sales years, and short interest as key risks.
DBS Bank · May 25, 2026International Business Machines Corp – AI-Driven Software Momentum Supports Further Re-ratingDBS Group Research initiates/maintains a BUY with a raised 12‑month target price of USD 365, arguing that Red Hat-led software growth, watsonx-driven enterprise AI momentum, and M&A (HashiCorp, planned Confluent) justify a premium multiple, while warning that weaker IT spending, services growth pressure, competition, and mainframe demand decline are principal risks.
Ultra Stock Analysis Pro · April 24, 2026International Business Machines Corporation (IBM) – Comprehensive Analyst ReportQuantitative “buy-side style” report that assigns a HOLD rating with a WAIT action, citing roughly 23% upside to a USD 284.18 consensus target and moderate growth and institutional ownership, but recommending no position until stronger technical confluence signals emerge and emphasizing backtest win rate, volatility, and stop‑loss frameworks to manage downside risk.
Sure Dividend · January 31, 2026International Business Machines Corp. (IBM) – Sure Analysis Research ReportDividend-focused fundamental report that rates IBM Hold, projecting ~0.8% annual total return over five years as modest 5% EPS growth and a 2.2% yield are offset by expected P/E multiple contraction, while outlining a thesis around hybrid cloud/AI transformation, improving margins and free cash flow, and deleveraging, and flagging valuation, slow dividend growth, and competitive cloud risks.