International Business Machines (IBM) Stock Forecast, Price Target & Predictions
IBM Stock Forecast
International Business Machines stock forecast is as follows: an average price target of $182.71 (represents a -8.98% downside from IBM’s last price of $200.74) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
IBM Price Target
The average price target for International Business Machines (IBM) is $182.71 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $385.00 to $112.00. This represents a potential -8.98% downside from IBM's last price of $200.74.
IBM Analyst Ratings
According to 16 Wall Street analysts, International Business Machines's rating consensus is 'Buy'. The analyst rating breakdown for IBM stock is 0 'Strong Buy' (0.00%), 8 'Buy' (50.00%), 8 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
International Business Machines Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 20, 2024 | Matt Dezort | Needham | $385.00 | $196.03 | 96.40% | 91.79% |
| Jul 25, 2024 | David Grossman | Stifel Nicolaus | $205.00 | $184.02 | 11.40% | 2.12% |
| Jul 02, 2024 | Brian Essex | J.P. Morgan | $185.00 | $174.95 | 5.74% | -7.84% |
| Jul 02, 2024 | Stefan Slowinski | BNP Paribas | $145.00 | $174.95 | -17.12% | -27.77% |
| May 22, 2024 | Matthew Swanson | RBC Capital | $200.00 | $173.25 | 15.44% | -0.37% |
| Apr 25, 2024 | Keith Bachman | BMO Capital | $190.00 | $167.81 | 13.23% | -5.35% |
| Apr 25, 2024 | Erik Woodring | Morgan Stanley | $179.00 | $184.10 | -2.77% | -10.83% |
| Apr 25, 2024 | Brent Thill | Jefferies | $190.00 | $184.10 | 3.20% | -5.35% |
| Apr 24, 2024 | Amit Daryanani | Evercore ISI | $215.00 | $184.10 | 16.78% | 7.10% |
| Apr 23, 2024 | Brent Thill | Jefferies | $210.00 | $181.90 | 15.45% | 4.61% |
The latest International Business Machines stock forecast, released on Aug 20, 2024 by Matt Dezort from Needham, set a price target of $385.00, which represents a 96.40% increase from the stock price at the time of the forecast ($196.03), and a 91.79% increase from IBM last price ($200.74).
International Business Machines Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 13 |
| Avg Price Target | $385.00 | $230.00 | $203.69 |
| Last Closing Price | $200.74 | $200.74 | $200.74 |
| Upside/Downside | 91.79% | 14.58% | 1.47% |
In the current month, the average price target of International Business Machines stock is $385.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 91.79% increase as opposed to International Business Machines's last price of $200.74. This month's average price target is up 67.39% compared to last quarter, and up 89.01% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 27, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 20, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 20, 2024 | Exane BNP Paribas | Underperform | Underperform | Hold |
| Jul 25, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jul 25, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jul 25, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 25, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 25, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 02, 2024 | Exane BNP Paribas | Neutral | Underperform | Initialise |
| Jul 02, 2024 | BNP Paribas | Neutral | Neutral | Hold |
International Business Machines's last stock rating was published by BMO Capital on Aug 27, 2024. The company gave IBM a "Market Perform" rating, the same as its previous rate.
International Business Machines Financial Forecast
International Business Machines Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $17.38B | $14.75B | $15.47B | $14.25B | $16.69B | $14.11B | - | $14.20B | $3.26B | $17.62B | $18.75B | $17.73B | $20.37B | $17.56B | $18.12B | $17.57B | $21.78B | $18.03B |
| Avg Forecast | $18.71B | $15.62B | $16.43B | $14.97B | $18.78B | $15.68B | $16.33B | $14.81B | $17.91B | $15.05B | $15.62B | $14.55B | $17.29B | $14.73B | $15.58B | $14.35B | $16.15B | $13.52B | $15.08B | $13.78B | $16.05B | $17.79B | $18.29B | $17.32B | $20.68B | $17.54B | $17.73B | $17.59B | $21.64B | $18.23B |
| High Forecast | $18.92B | $15.79B | $16.62B | $15.14B | $19.00B | $15.86B | $16.52B | $14.98B | $18.11B | $15.22B | $15.80B | $14.72B | $17.68B | $14.83B | $15.75B | $14.52B | $16.33B | $13.67B | $15.08B | $13.90B | $16.18B | $17.94B | $18.45B | $17.47B | $20.86B | $17.69B | $17.88B | $17.74B | $21.83B | $18.39B |
| Low Forecast | $18.54B | $15.47B | $16.28B | $14.83B | $18.61B | $15.53B | $16.18B | $14.68B | $17.74B | $14.83B | $15.48B | $14.42B | $16.65B | $14.56B | $15.43B | $14.22B | $16.00B | $13.39B | $15.08B | $13.68B | $15.93B | $17.66B | $18.16B | $17.19B | $20.53B | $17.41B | $17.59B | $17.46B | $21.48B | $18.10B |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 0.99% | 0.99% | 1.03% | 1.04% | - | 1.03% | 0.20% | 0.99% | 1.02% | 1.02% | 0.98% | 1.00% | 1.02% | 1.00% | 1.01% | 0.99% |
International Business Machines's average Quarter revenue forecast for Mar 24 based on 3 analysts is $14.55B, with a low forecast of $14.42B, and a high forecast of $14.72B. IBM's average Quarter revenue forecast represents a -16.28% decrease compared to the company's last Quarter revenue of $17.38B (Dec 23).
International Business Machines EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $3.29B | $3.38B | $3.50B | $2.50B | $4.76B | $-3.04B | - | $2.19B | $4.55B | $3.29B | $3.51B | $2.86B | $3.31B | $3.83B | $3.57B | $1.91B | $6.00B | $3.62B |
| Avg Forecast | $3.64B | $3.04B | $3.20B | $2.91B | $3.65B | $3.05B | $3.18B | $2.88B | $3.48B | $2.93B | $3.04B | $2.70B | $3.36B | $2.86B | $3.03B | $2.45B | $3.14B | $3.59B | $2.93B | $2.23B | $3.72B | $3.27B | $3.39B | $2.61B | $2.86B | $3.83B | $3.40B | $1.87B | $5.96B | $3.61B |
| High Forecast | $3.68B | $3.07B | $3.23B | $2.94B | $3.69B | $3.08B | $3.21B | $2.91B | $3.52B | $2.96B | $3.07B | $3.24B | $3.44B | $2.88B | $3.06B | $2.94B | $3.18B | $4.31B | $2.93B | $2.67B | $4.46B | $3.92B | $4.07B | $3.13B | $3.44B | $4.60B | $4.08B | $2.24B | $7.15B | $4.33B |
| Low Forecast | $3.61B | $3.01B | $3.17B | $2.88B | $3.62B | $3.02B | $3.15B | $2.85B | $3.45B | $2.88B | $3.01B | $2.16B | $3.24B | $2.83B | $3.00B | $1.96B | $3.11B | $2.87B | $2.93B | $1.78B | $2.97B | $2.61B | $2.71B | $2.09B | $2.29B | $3.06B | $2.72B | $1.49B | $4.77B | $2.89B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.18% | 1.16% | 1.02% | 1.52% | -0.85% | - | 0.98% | 1.22% | 1.01% | 1.04% | 1.09% | 1.15% | 1.00% | 1.05% | 1.02% | 1.01% | 1.00% |
3 analysts predict IBM's average Quarter EBITDA for Mar 24 to be $2.70B, with a high of $3.24B and a low of $2.16B. This is -17.93% lower than International Business Machines's previous annual EBITDA (Dec 23) of $3.29B.
International Business Machines Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $3.29B | $1.70B | $1.58B | $927.00M | $2.71B | $-3.21B | - | $733.00M | $2.46B | $1.13B | $1.32B | $955.00M | $1.36B | $1.70B | $1.36B | $1.18B | $3.67B | $1.67B |
| Avg Forecast | $3.63B | $2.23B | $2.26B | $1.67B | $3.67B | $2.28B | $2.32B | $1.54B | $3.53B | $2.08B | $2.03B | $874.08M | $3.55B | $1.98B | $1.88B | $794.61M | $3.36B | $1.23B | $2.12B | $722.38M | $2.30B | $1.12B | $1.28B | $872.98M | $1.14B | $1.70B | $1.30B | $1.15B | $3.65B | $1.67B |
| High Forecast | $3.69B | $2.26B | $2.29B | $1.69B | $3.72B | $2.32B | $2.36B | $1.56B | $3.59B | $2.21B | $2.06B | $1.05B | $3.61B | $2.02B | $1.91B | $953.54M | $3.41B | $1.48B | $2.12B | $866.85M | $2.76B | $1.35B | $1.53B | $1.05B | $1.37B | $2.04B | $1.55B | $1.38B | $4.38B | $2.00B |
| Low Forecast | $3.59B | $2.20B | $2.23B | $1.65B | $3.63B | $2.26B | $2.30B | $1.52B | $3.49B | $1.94B | $2.01B | $699.26M | $3.45B | $1.95B | $1.86B | $635.69M | $3.32B | $986.44M | $2.12B | $577.90M | $1.84B | $896.77M | $1.02B | $698.38M | $914.44M | $1.36B | $1.04B | $919.11M | $2.92B | $1.33B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.86% | 0.84% | 1.17% | 0.81% | -2.61% | - | 1.01% | 1.07% | 1.01% | 1.04% | 1.09% | 1.19% | 1.00% | 1.05% | 1.02% | 1.01% | 1.00% |
International Business Machines's average Quarter net income forecast for Mar 24 is $874.08M, with a range of $699.26M to $1.05B. IBM's average Quarter net income forecast represents a -73.42% decrease compared to the company's last Quarter net income of $3.29B (Dec 23).
International Business Machines SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $4.52B | $4.46B | $4.90B | $4.85B | $4.76B | $4.39B | - | $4.60B | $3.08B | $4.45B | $5.10B | $4.93B | $6.97B | $4.37B | $4.89B | $5.61B | $5.10B | $4.74B |
| Avg Forecast | $5.63B | $4.70B | $4.95B | $4.51B | $5.66B | $4.72B | $4.92B | $4.46B | $5.39B | $4.53B | $4.71B | $5.13B | $5.21B | $4.44B | $4.69B | $4.66B | $4.86B | $4.85B | $4.54B | $4.24B | $3.04B | $4.41B | $4.92B | $4.50B | $5.88B | $4.37B | $4.66B | $5.49B | $5.07B | $4.72B |
| High Forecast | $5.70B | $4.76B | $5.00B | $4.56B | $5.72B | $4.77B | $4.97B | $4.51B | $5.45B | $4.58B | $4.76B | $6.15B | $5.32B | $4.47B | $4.74B | $5.60B | $4.92B | $5.83B | $4.54B | $5.09B | $3.64B | $5.30B | $5.90B | $5.40B | $7.06B | $5.25B | $5.59B | $6.59B | $6.08B | $5.66B |
| Low Forecast | $5.58B | $4.66B | $4.90B | $4.47B | $5.61B | $4.68B | $4.87B | $4.42B | $5.34B | $4.47B | $4.66B | $4.10B | $5.01B | $4.39B | $4.65B | $3.73B | $4.82B | $3.88B | $4.54B | $3.39B | $2.43B | $3.53B | $3.93B | $3.60B | $4.70B | $3.50B | $3.73B | $4.39B | $4.06B | $3.77B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 1.01% | 1.04% | 1.04% | 0.98% | 0.90% | - | 1.08% | 1.02% | 1.01% | 1.04% | 1.09% | 1.19% | 1.00% | 1.05% | 1.02% | 1.01% | 1.00% |
International Business Machines's average Quarter SG&A projection for Mar 24 is $5.13B, based on 3 Wall Street analysts, with a range of $4.10B to $6.15B. The forecast indicates a 13.47% rise compared to IBM last annual SG&A of $4.52B (Dec 23).
International Business Machines EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.55 | $1.87 | $1.74 | $1.02 | $2.99 | $-3.55 | - | $0.82 | $2.74 | $1.26 | $1.48 | $1.07 | $1.52 | $1.90 | $1.53 | $1.32 | $4.14 | $1.89 |
| Avg Forecast | $3.89 | $2.39 | $2.42 | $1.78 | $3.93 | $2.44 | $2.49 | $1.65 | $3.78 | $2.22 | $2.18 | $1.60 | $3.79 | $2.12 | $2.01 | $1.26 | $3.59 | $1.79 | $2.27 | $1.39 | $3.29 | $2.41 | $2.21 | $1.61 | $1.73 | $2.47 | $2.00 | $1.73 | $4.48 | $2.55 |
| High Forecast | $3.95 | $2.42 | $2.46 | $1.81 | $3.99 | $2.48 | $2.52 | $1.67 | $3.84 | $2.37 | $2.21 | $1.62 | $3.86 | $2.17 | $2.04 | $1.28 | $3.65 | $1.82 | $2.27 | $1.41 | $3.33 | $2.43 | $2.23 | $1.63 | $1.75 | $2.49 | $2.02 | $1.75 | $4.53 | $2.57 |
| Low Forecast | $3.84 | $2.36 | $2.39 | $1.76 | $3.88 | $2.42 | $2.46 | $1.63 | $3.74 | $2.07 | $2.15 | $1.58 | $3.69 | $2.08 | $1.99 | $1.25 | $3.55 | $1.77 | $2.27 | $1.38 | $3.26 | $2.38 | $2.19 | $1.60 | $1.71 | $2.44 | $1.98 | $1.72 | $4.43 | $2.52 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.88% | 0.86% | 0.81% | 0.83% | -1.98% | - | 0.59% | 0.83% | 0.52% | 0.67% | 0.66% | 0.88% | 0.77% | 0.77% | 0.76% | 0.92% | 0.74% |
According to 3 Wall Street analysts, International Business Machines's projected average Quarter EPS for Mar 24 is $1.60, with a low estimate of $1.58 and a high estimate of $1.62. This represents a -55.06% decrease compared to IBM previous annual EPS of $3.55 (Dec 23).
International Business Machines Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CYXT | Cyxtera | $0.07 | $6.35 | 8971.43% | Buy |
| NOTE | FiscalNote | $1.19 | $7.25 | 509.24% | Buy |
| EPAM | EPAM Systems | $204.82 | $329.18 | 60.72% | Buy |
| KD | Kyndryl | $22.61 | $29.80 | 31.80% | Buy |
| FIS | Fidelity National Information Services | $81.36 | $104.10 | 27.95% | Buy |
| DXC | DXC Technology Company | $20.82 | $26.11 | 25.41% | Hold |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| JKHY | Jack Henry & Associates | $169.64 | $191.60 | 12.95% | Buy |
| CDW | CDW | $212.21 | $229.75 | 8.27% | Buy |
| CTSH | Cognizant Technology Solutions | $75.84 | $74.47 | -1.81% | Hold |
| IBM | International Business Machines | $200.74 | $182.71 | -8.98% | Buy |
| INFY | Infosys | $22.54 | $20.33 | -9.80% | Hold |
| IT | Gartner | $483.68 | $434.89 | -10.09% | Hold |
IBM Forecast FAQ
Is International Business Machines a good buy?
Yes, according to 16 Wall Street analysts, International Business Machines (IBM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 50.00% of IBM's total ratings.
What is IBM's price target?
International Business Machines (IBM) average price target is $182.71 with a range of $112 to $385, implying a -8.98% from its last price of $200.74. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will International Business Machines stock go up soon?
According to Wall Street analysts' prediction for IBM stock, the company can go down by -8.98% (from the last price of $200.74 to the average price target of $182.71), up by 91.79% based on the highest stock price target, and down by -44.21% based on the lowest stock price target.
Can International Business Machines stock reach $300?
IBM's highest twelve months analyst stock price target of $385 supports the claim that International Business Machines can reach $300 in the near future.
What is International Business Machines's current price target trend?
1 Wall Street analyst forecast a $385 price target for International Business Machines (IBM) this month, up 91.79% from its last price of $200.74. Compared to the last 3 and 12 months, the average price target increased by 14.58% and increased by 1.47%, respectively.
What are International Business Machines's analysts' financial forecasts?
International Business Machines's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $65.6B (high $66.35B, low $65.01B), average EBITDA is $12.76B (high $12.9B, low $12.64B), average net income is $9.82B (high $9.96B, low $9.7B), average SG&A $19.76B (high $19.98B, low $19.58B), and average EPS is $10.51 (high $10.66, low $10.38). IBM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $65.73B (high $66.47B, low $65.13B), average EBITDA is $12.78B (high $12.93B, low $12.67B), average net income is $9.79B (high $9.94B, low $9.68B), average SG&A $19.79B (high $20.02B, low $19.61B), and average EPS is $10.48 (high $10.63, low $10.35).
Did the IBM's actual financial results beat the analysts' financial forecasts?
Based on International Business Machines's last annual report (Dec 2023), the company's revenue was $61.86B, which missed the average analysts forecast of $61.95B by -0.14%. Apple's EBITDA was $14.59B, beating the average prediction of $11.71B by 24.61%. The company's net income was $7.5B, missing the average estimation of $8.21B by -8.58%. Apple's SG&A was $17.96B, missing the average forecast of $19B by -5.43%. Lastly, the company's EPS was $8.14, missing the average prediction of $9.19 by -11.47%. In terms of the last quarterly report (Dec 2023), International Business Machines's revenue was $17.38B, beating the average analysts' forecast of $17.29B by 0.53%. The company's EBITDA was $3.28B, missing the average prediction of $3.36B by -2.30%. International Business Machines's net income was $3.29B, missing the average estimation of $3.55B by -7.26%. The company's SG&A was $4.52B, missing the average forecast of $5.21B by -13.19%. Lastly, the company's EPS was $3.55, missing the average prediction of $3.79 by -6.44%