International Business Machines (NYSE:IBM) is scheduled to report quarterly earnings on Oct. 21, 2026, after the market closes.
Analysts expect earnings per share of $2.86, compared with $2.65 a year earlier. Revenue is projected to reach $16.82 billion, up from $16.33 billion.
Analyst Ratings And Price Forecasts
The stock carries a Buy rating, with an average price target of $259.76. Recent analyst actions include:
- Morgan Stanley: Equal-Weight; raised its price target to $238.00 (Oct. 15).
- RBC Capital: Outperform; maintained its price target at $270.00 (Oct. 13).
- Truist Securities: Initiated coverage with a Hold rating and a $240.00 price target (Oct. 9).
Major AI Partnerships And Product Developments
In recent months, IBM announced several partnerships, product launches and deployments aimed at expanding its AI capabilities and enterprise offerings.
- IBM formed a strategic partnership with OpenAI to help companies deploy artificial intelligence across core business operations while strengthening cybersecurity.
- IBM announced a self-hosted deployment option for IBM Bob, its agentic software development platform, designed to help enterprises strengthen AI sovereignty and governance.
- The company disclosed a research collaboration with Siemens Energy AG (OTC:SMERY) to advance its next-generation nanostack semiconductor architecture, targeting AI and other emerging technologies over the coming decade.
- IBM is also expanding its AI capabilities through a $240 million, multiyear agreement with Together AI.
IBM Edge Scorecard: Quality Strength vs Value Weakness
Below is the Benzinga Edge scorecard for International Business Machines, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Neutral (Score: 37.77) — The stock’s recent push is improving, but it’s not showing sustained leadership versus the broader market.
- Quality: Strong (Score: 81.33) — IBM screens well on quality metrics, which can help support the stock during choppier tape.
- Value: Weak (Score: 25.29) — Valuation looks less compelling on this model, so buyers may want clearer trend confirmation before paying up.
- Growth: Neutral (Score: 41.15) — Growth factors are middling, keeping the story more execution-driven than hyper-growth.
The Verdict: International Business Machines’s Benzinga Edge signal reveals a quality-led profile with only moderate momentum and growth support. For longer-term bulls, the setup improves if price can reclaim the 100-day and 200-day moving averages, while a failure near resistance keeps the risk of a pullback toward lower support levels in play.
Top IBM ETF Exposure: TDIV, DIVB, and TDVI Weightings
- First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV): 7.98% Weight
- iShares Core Dividend ETF (BATS:DIVB): 4.93% Weight
- FT Vest Technology Dividend Target Income ETF (NASDAQ:TDVI): 7.58% Weight
Significance: Because IBM carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
IBM Stock Price Activity: IBM shares were down 0.67% at $240.30 during premarket trading on Wednesday, according to Benzinga Pro data.
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