Zacks Research Issues Negative Outlook for IBM Earnings

International Business Machines Co. (NYSE:IBM) – Research analysts at Zacks Research cut their Q4 2025 earnings per share (EPS) estimates for shares of International Business Machines in a research report issued to clients and investors on Tuesday, March 25th. Zacks Research analyst S. Bose now forecasts that the technology company will post earnings of $4.12 per share for the quarter, down from their prior estimate of $4.14. The consensus estimate for International Business Machines’ current full-year earnings is $10.78 per share. Zacks Research also issued estimates for International Business Machines’ Q4 2026 earnings at $3.97 EPS, FY2026 earnings at $11.30 EPS and FY2027 earnings at $11.88 EPS.

IBM has been the topic of several other research reports. Jefferies Financial Group upped their target price on International Business Machines from $245.00 to $270.00 and gave the company a “hold” rating in a research report on Thursday, January 30th. Sanford C. Bernstein upped their price objective on International Business Machines from $210.00 to $215.00 and gave the company a “market perform” rating in a report on Friday, January 3rd. Erste Group Bank raised International Business Machines from a “hold” rating to a “strong-buy” rating in a report on Monday, March 17th. Wedbush began coverage on shares of International Business Machines in a research note on Monday, February 3rd. They issued an “outperform” rating on the stock. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of International Business Machines in a research report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $231.44.

International Business Machines Stock Down 1.0 %

Shares of IBM opened at $243.83 on Friday. The firm’s 50-day simple moving average is $249.51 and its 200 day simple moving average is $231.29. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.04. The firm has a market cap of $226.10 billion, a P/E ratio of 38.04, a price-to-earnings-growth ratio of 5.81 and a beta of 0.74. International Business Machines has a 52 week low of $162.62 and a 52 week high of $266.45.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, January 29th. The technology company reported $3.92 EPS for the quarter, beating the consensus estimate of $3.77 by $0.15. International Business Machines had a net margin of 9.60% and a return on equity of 38.99%.

Hedge Funds Weigh In On International Business Machines

A number of institutional investors and hedge funds have recently bought and sold shares of IBM. Milestone Asset Management Group LLC acquired a new stake in shares of International Business Machines during the fourth quarter valued at about $368,000. Wellington Management Group LLP boosted its position in International Business Machines by 1.4% during the 4th quarter. Wellington Management Group LLP now owns 231,021 shares of the technology company’s stock worth $50,785,000 after buying an additional 3,206 shares during the period. Mascagni Wealth Management Inc. bought a new stake in International Business Machines during the 4th quarter worth approximately $43,000. DSG Capital Advisors LLC acquired a new position in International Business Machines in the 4th quarter valued at approximately $372,000. Finally, Triton Wealth Management PLLC raised its stake in shares of International Business Machines by 23.0% during the fourth quarter. Triton Wealth Management PLLC now owns 1,274 shares of the technology company’s stock valued at $271,000 after acquiring an additional 238 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

Insider Activity

In other news, SVP Robert David Thomas sold 26,543 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $253.01, for a total value of $6,715,644.43. Following the completion of the transaction, the senior vice president now directly owns 45,007 shares in the company, valued at approximately $11,387,221.07. This represents a 37.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.18% of the stock is currently owned by corporate insiders.

International Business Machines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Monday, February 10th were issued a $1.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $6.68 dividend on an annualized basis and a dividend yield of 2.74%. International Business Machines’s dividend payout ratio (DPR) is currently 104.21%.

International Business Machines Company Profile

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.