International Business Machines (NYSE:IBM) Given Outperform Rating at Royal Bank Of Canada

International Business Machines (NYSE:IBM)‘s stock had its “outperform” rating restated by equities research analysts at Royal Bank Of Canada in a note issued to investors on Tuesday, Benzinga reports. They presently have a $270.00 price objective on the technology company’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 18.17% from the stock’s current price.

Several other research firms also recently weighed in on IBM. Citigroup dropped their price objective on International Business Machines from $255.00 to $245.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Susquehanna raised their price objective on International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, August 31st. Oppenheimer downgraded International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Citic Securities raised their price objective on International Business Machines from $294.00 to $297.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings downgraded International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, September 29th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $252.96.

International Business Machines Stock Performance

NYSE IBM traded down $2.29 on Tuesday, hitting $228.49. 1,812,884 shares of the company’s stock were exchanged, compared to its average volume of 7,472,519. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The firm’s 50-day moving average price is $232.22 and its two-hundred day moving average price is $243.77. International Business Machines has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The firm has a market cap of $215.27 billion, a price-to-earnings ratio of 20.26, a P/E/G ratio of 2.16 and a beta of 0.73.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%. The business had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the prior year, the firm posted $2.80 EPS. The company’s revenue was up 1.1% compared to the same quarter last year. On average, research analysts expect that International Business Machines will post 12.33 EPS for the current year.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On International Business Machines

Large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in International Business Machines during the 2nd quarter valued at $21,586,659,000. State Street Corp grew its holdings in International Business Machines by 2.7% during the 2nd quarter. State Street Corp now owns 56,045,055 shares of the technology company’s stock valued at $15,760,430,000 after buying an additional 1,450,562 shares during the last quarter. Bank of America Corp DE acquired a new stake in International Business Machines during the 2nd quarter valued at $4,214,868,000. Bank of New York Mellon Corp acquired a new stake in International Business Machines during the 2nd quarter valued at $2,606,782,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of International Business Machines by 0.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,621,512 shares of the technology company’s stock worth $2,143,245,000 after purchasing an additional 53,388 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines News Summary

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM and Siemens announced a research collaboration to advance IBM’s nanostack transistor architecture. Siemens will contribute expertise in electronic design automation, process simulation, lithography optimization and manufacturing software, potentially strengthening IBM’s semiconductor innovation pipeline. IBM and Siemens Collaborate on Research to Advance Nanostack Architecture
• Positive Sentiment: IBM and IonQ advanced to Stage C of DARPA’s Quantum Benchmarking Initiative. The development highlights IBM’s ongoing quantum-computing efforts and could improve its visibility in a strategically important market, although the near-term revenue impact is uncertain. DARPA Just Revealed the 2 Best Quantum Computing Stocks to Buy Now
• Neutral Sentiment: Analysts are focused on IBM’s upcoming third-quarter earnings release. Expectations center on whether AI and hybrid-cloud demand can offset competition and margin pressure. RBC reaffirmed an “outperform” rating with a $270 price target, while Truist initiated coverage with a “hold” rating, reflecting mixed sentiment. IBM Stock Before Q3 Earnings Release
• Negative Sentiment: Concerns about earnings quality and valuation are weighing on the investment case. IBM’s prior quarter met earnings-per-share expectations but missed revenue estimates, while first-half 2026 operating-cash-flow growth was driven mainly by movements in financing receivables rather than core software, consulting or cloud expansion. Analysts also question whether IBM has the combination of earnings growth and positive estimate revisions needed for a strong upcoming report. IBM: Is Customer Financing Flattering Its Cash Recovery?

International Business Machines Company Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.