IBM · News · 20260922N
Revenue Performance and Mix
INTERNATIONAL BUSINESS MACHINES CORP · 2026-09-22 · Importance 14 · Surprise 14 · No source text
IBM reported quarterly revenue of $17.16 billion, up 1.1% year over year. Quarterly EPS was $2.93, in line with analyst expectations. Revenue slightly missed analyst forecasts despite the year-over-year increase.
Key facts
- IBM reported quarterly revenue of $17.16 billion, up 1.1% year-over-year, but the revenue fell short of forecasts. source
- Andra AP fonden increased its stake in IBM by 9.7% in the second quarter, bringing its total holdings to 134,780 shares valued at approximately $37.9 million. source
- IBM reported quarterly earnings per share of $2.93, meeting expectations. source
- State Street Corp increased its stake in IBM by 2.7% in the second quarter and now owns 5.95% of the company. source
- Institutional investors and hedge funds collectively own 58.96% of IBM's stock. source
- Analysts' average price target for IBM is $265.16 versus a recent trading price of $230.81, per MarketBeat reporting. source
- IBM stock closed at USD 231.95 on September 22, 2026, marking a 1.05 percent increase on the Nasdaq. source
- IBM's trading session concluded with a USD 2.40 increase from its opening price, closing at USD 231.95 on the NYSE. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +1.1% | IBM reported quarterly revenue of $17.16 billion, up 1.1% year-over-year, but the revenue fell short of forecasts. |