By Simply Wall St
Publication Date: 2026-04-23 04:30:00
International Business Machines (IBM) kicked off earnings season with first quarter results that topped analyst expectations, supported by double digit software and infrastructure growth tied to generative AI and hybrid cloud demand, as well as another increase in its quarterly dividend.
See our latest analysis for International Business Machines.
Despite a 9.5% year on year revenue uplift in the latest quarter and fresh AI, quantum and cybersecurity announcements, IBM’s recent momentum has cooled, with a 90 day share price return of a 14.5% decline but a 5 year total shareholder return of 125.1% showing the longer term story.
If IBM’s AI push has your attention, it can be helpful to widen your research to other names riding similar themes through our screener of 38 AI infrastructure stocks
With IBM delivering earnings above expectations yet shares lagging over the past quarter, the question now is whether the current valuation reflects a discount on its AI and hybrid cloud…
