Insider buying last 90 days
No open-market insider purchases were filed for IBM in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every IBM insider filing, plotted on the chart in Gekko.Open IBM in Gekko
NYSE: IBM
International Business Machines (IBM) Stock Analysis & Forecast
Nov 4 close
$254.32+4.28 (+1.7%)
Gekko Brief
AI summaryNov 4 closeIBM shares gained this week on new AI security tool coverage, with one model suggesting the stock could be undervalued relative to a discounted cash flow estimate near $250.04. Separately, IBM is set to appear at BMO's Technology and Innovation Leaders Conference on 12 November alongside AMD and Reddit, with AI, cybersecurity and quantum computing among the themes. Coverage also revisited IBM's TechXchange 2026 announcements, where the company outlined a strategy to scale AI agents using four deterministic layers around data, functions, permissions and records. Other pieces compared IBM's revenue growth against Salesforce and noted the stock's year-over-year decline alongside hybrid cloud demand and rising earnings estimates.
IBM closed at $254.32, up 1.7% on the day, sitting above its 50-day average of $236.29 and just above its 200-day average of $248.47. The one-month return stands at 14.9%, though the one-year return remains at -16.5%. The GekkoIndex reads 48.4, placing it in the Neutral zone, up 4 points recently. The current price sits 8.4% below the Gekko Fair Value of $277.64.
Earnings are not due until 27 January 2027, 83 days away, placing the next report outside a typical 20-trading-day window. Over the last 90 days, Congress recorded 3 buys and 0 sells, with no insider or options signals reported. Seasonality from this point in the calendar has averaged a 5.3% move over the next 20 trading days across 5 years, with gains in 4 of those years. Analyst consensus across 17 firms shows 10 buy and 7 hold ratings, with a consensus target of $259.30.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
International Business Machines price vs fair value
Close $254.32200-day averageGekko Fair Value $277.64
International Business Machines quick facts
- Market cap
- $240.4B
- P/E ratio
- 21.6
- Forward P/E
- 19.3
- EPS, TTM
- $11.72
- Revenue, TTM
- $69.87B
- Profit margin
- 16%
- Dividend yield
- 2.61%
- Beta
- 0.76
- Volume
- 3.67M avg 5.26M
- 1-year return
- −16.5%
- Typical daily move
- ±3.2%
- Typical 20-day move
- ±5.5%
- 50-day average
- $236.29
- 200-day average
- $248.47
- Next earnings
- Jan 27 after close
- Shares outstanding
- 945.1M
International Business Machines swing-trade checklist
International Business Machines scores 4 supportive, 2 mixed and 0 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive2 mixed0 headwinds
- Trendmixed
Averages disagree
Close $254.32 sits between the 50-day ($236.29) and 200-day ($248.47) averages, or the averages disagree.
See the chart - GekkoIndexmixed
48.4, Neutral
Reading 48.4 is in the Neutral zone.
See the GekkoIndex - Fair valuesupportive
8.4% below
Price is 8.4% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: Congress 3 buys / 0 sales.
See smart money - Earnings risksupportive
Reports in 83 days
Next report Jan 27, 2027, 83 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+5.3% on average
From this point in the calendar, the next 20 trading days averaged +5.3% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
International Business Machines stock chart and price history
International Business Machines closed at $254.32 on Nov 4, 2026, −16.5% over the past year, inside a 52-week range of $199.19 to $332.46.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +14.9%
- 3 months
- +8.9%
- 6 months
- +12.7%
- 1 year
- −16.5%
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About International Business Machines
International Business Machines provides technology products and services to organizations worldwide, spanning cloud platforms, software, consulting and computing infrastructure. It is known for its hybrid cloud offerings, including Red Hat's open-source technology, along with tools for business automation, data management, artificial intelligence and security, and transaction-processing software used by banks, airlines and retailers.
The company organizes its work into four areas. Software covers cloud platforms, automation, security and data-related tools. Consulting handles business strategy, process redesign, analytics and system integration, along with technology and cloud application services. Infrastructure supplies servers, storage and hybrid cloud support for regulated and demanding workloads, plus refurbishment of used equipment. Financing offers leasing, installment plans, loans and short-term capital to support customer purchases.
International Business Machines traces its origins to 1911, when it was founded as the Computing-Tabulating-Recording Co., and is now headquartered in Armonk, New York. Its shares are listed on the NYSE under the ticker IBM.
- Listed
- NYSE
- Sector
- Technology services
- Industry
- Information technology services
- Website
- ibm.com
International Business Machines GekkoIndex: the smart money zone
International Business Machines’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 48.4, in the Neutral zone, up 4 points over five sessions.
48.4Neutral
Up 4 points over five sessions, from the Distribution zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days |
|---|---|---|---|
| Buying | 38 | −0.7% | +2.2% |
| Accumulation | 199 | +1.0% | +4.6% |
| Neutral (current zone) | 391 | +0.4% | −0.3% |
| Distribution | 59 | +0.1% | +0.9% |
| Selling | 10 | −2.2% | −2.0% |
Average IBM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the IBM price, zone by zone.Track IBM in Gekko
Is International Business Machines stock overvalued? Gekko Fair Value
International Business Machines trades 8.4% below Gekko Fair Value of $277.64, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what International Business Machines shares are worth, recalculated every trading day.
$277.64
Gekko Fair Value, Nov 4, 2026
8.4% Undervalued
At the end of Aug 2026 the price was 19.2% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open IBM in Gekko
International Business Machines insider and Congress trading
No open-market insider purchases were filed for International Business Machines, and members of Congress disclosed 3 purchases and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
3trades disclosed: 3 purchases and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| Ro Khanna House, CA, purchase | $1,001 - $15,000 | Oct 9 traded Sep 11 |
| Lloyd Doggett House, TX, purchase | $1,001 - $15,000 | Oct 6 traded Sep 10 |
| Gilbert Cisneros House, CA, purchase | $1,001 - $15,000 | Sep 11 traded Aug 18 |
From congressional disclosures, which report amounts as ranges.
Buybacks
International Business Machines has been buying back its own shares.
- Bought back, quarter ended Sep 30, 2026
- $352.0M
- As a share of market cap
- 0.15%
- Trailing four quarters
- $984.0M
From company filings.
Hedge funds and billionaires quarter ended Jun 30
0of the funds Gekko tracks hold IBM.
0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
International Business Machines earnings: next date and track record
International Business Machines reports on Jan 27, 2027, after the close (83 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Jan 27, 2027
Expected after the close, 83 days away
- EPS estimate
- $4.63
- Revenue estimate
- $20.40B
7 of 8reports beat the EPS estimate
±6.1%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Oct 21, 2026 AI summary
- What they said
- IBM reported Q3 2026 revenue growth of 6%, accelerating above prior guidance. Software grew 9% with Red Hat up 11% and OpenShift ARR growing 30%+. Infrastructure rose 5% driven by 32% distributed infrastructure growth, while consulting grew 2%. z17 generated over $1B in incremental revenue across 6 quarters, and Lightwell built a pipeline approaching $700M. Data segment grew 20%, supported by Confluent.
- Guidance
- Management expressed confidence in full-year outlook, noting Q3 performance exceeded July base case targets. Continued momentum in software, infrastructure, and AI platforms supports optimism for the remainder of the year, with Lightwell and OpenShift identified as key near-term growth drivers.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Oct 21, 2026 | $2.95 est $2.85 | $17.10B est $16.82B | +4.2% |
| Jul 22, 2026 | $2.93 est $2.93 | $17.16B est $17.48B | −1.8% |
| Apr 22, 2026 | $1.91 est $1.81 | $15.92B est $15.63B | −9.6% |
| Jan 28, 2026 | $4.52 est $4.29 | $19.69B est $19.19B | +5.2% |
| Oct 22, 2025 | $2.65 est $2.45 | $16.33B est $16.09B | +1.0% |
| Jul 23, 2025 | $2.80 est $2.65 | $16.98B est $16.59B | −7.6% |
| Apr 23, 2025 | $1.60 est $1.42 | $14.54B est $14.39B | −4.8% |
| Jan 29, 2025 | $3.92 est $3.77 | $17.55B est $17.56B | +14.5% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
International Business Machines stock forecast and analyst price targets
Analysts’ average 12-month price target for International Business Machines is $259.30, +2.0% from the last close, from 17 firms rating the stock in the last 90 days.
$259.30consensus 12-month target, +2.0% from the last close
Now $254.32Avg $259.30
Low $240High $300
Each firm’s latest rating in the last 90 days: 17 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 26 | Susquehanna | $256 | +0.7% |
| Oct 25 | Bernstein | $250 | −1.7% |
| Oct 23 | Citi | $280 | +10.1% |
| Oct 23 | Bank of America Securities | $280 | +10.1% |
| Oct 22 | Barclays | $277 | +8.9% |
−0.3%average 20-day move after past Neutral readings
+5.3%average move over the next 20 trading days in the last 5 years
±3.2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
International Business Machines seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, International Business Machines averaged +5.3% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.5% | 4 of 5 |
| Next 10 trading days | +1.0% | 3 of 5 |
| Next 15 trading days | +3.7% | 4 of 5 |
| Next 20 trading days | +5.3% | 4 of 5 |
| Next 30 trading days | +5.7% | 5 of 5 |
For scale, IBM’s typical 20-trading-day move in either direction is about 5.5%.
International Business Machines market cap and key statistics
International Business Machines’s market cap is $240.4B, with a P/E ratio of 21.6 and revenue of $69.87B over the last twelve months.
Valuation
- Market cap
- $240.4B
- P/E ratio
- 21.6
- Forward P/E
- 19.3
- EPS, TTM
- $11.72
- Gekko Fair Value
- $277.64
Trading
- Volume
- 3.67M
- Avg volume, 20 days
- 5.26M
- 52-week high
- $332.46
- 52-week low
- $199.19
- Shares outstanding
- 945.1M
Financials
- Revenue, TTM
- $69.87B
- Profit margin
- 16%
- Return on equity
- 34.8%
- Quarterly earnings growth, YoY
- +25.0%
Risk and income
- Beta
- 0.76
- Typical daily move
- ±3.2%
- Typical 20-day move
- ±5.5%
- Dividend yield
- 2.61%
International Business Machines stock news this week
Coverage of International Business Machines this week reads positive: 12 positive, 3 neutral and 0 negative headlines.
- IBM (IBM) Stock Could Be 20% Undervalued On New AI Security ToolsSimply Wall St, Nov 4
- International Business Machines Corp. stock underperforms Wednesday when compared to competitors despite daily gainsMarketWatch, Nov 4
- AMD, IBM and Reddit will be among the companies at BMO's Nov. 12 conferenceStock Titan, Nov 4
- Rakuten Investment Management Inc. Buys 15,334 Shares of International Business Machines Corporation $IBMMarketBeat, Nov 4
- IBM Plummets 18.5% in the Past Year: Time to Reassess the Stock?Zacks Investment Research, Nov 4
- Ross Perot Left IBM in 1962 and Started a Company With $1,000. In 1984, General Motors Bought It for $2.5 Billion24/7 Wall St., Nov 4
International Business Machines peers
International Business Machines’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ACNAccenture | Neutral | 14.6% above |
| NETCloudflare | Accumulation | 11.4% below |
| FTNTFortinet | Buying | 5.1% above |
| WDAYWorkday | Neutral | 15.9% above |
| CTSHCognizant Technology Solutions | Neutral | 18.7% below |
| HPQHP | Accumulation | 6.2% below |
A peer links to its own page where one exists.
International Business Machines stock FAQ
What is International Business Machines’s market cap?
International Business Machines’s market cap is $240.4B at the Nov 4, 2026 close of $254.32, with 945.1M shares outstanding. The shares trade on a P/E ratio of 21.6.
What is the International Business Machines stock forecast?
The consensus analyst 12-month price target for International Business Machines is $259.30, +2.0% from the last close. Of the 17 firms that rated the stock in the last 90 days, 10 rate it a buy, 7 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is International Business Machines stock overvalued or undervalued?
On Gekko’s estimate International Business Machines is undervalued: the Nov 4, 2026 close of $254.32 is 8.4% below Gekko Fair Value of $277.64. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does International Business Machines report earnings next?
International Business Machines is expected to report on Jan 27, 2027, after the market closes (83 days away). Analysts expect earnings of $4.63 per share on revenue of $20.40B. International Business Machines beat the earnings estimate in 7 of its last 8 reports, moving 6.1% on average across the report.
What is International Business Machines’s 52-week high and low?
International Business Machines’s 52-week high is $332.46 and its 52-week low is $199.19; it closed at $254.32 on Nov 4, 2026, −16.5% over the past year.
Is International Business Machines stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (fair value, smart money, earnings risk and seasonality), 2 as mixed (trend and gekkoindex). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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