IBM Q4 Earnings Loom: Buy, Sell or Hold the Stock Ahead of Results?

IBM Q4 Earnings Loom: Buy, Sell or Hold the Stock Ahead of Results?

By Supriyo Bose
Publication Date: 2026-01-21 13:55:00

International Business Machines Corporation IBM is scheduled to report fourth-quarter 2025 earnings on Jan. 28, 2026. The Zacks Consensus Estimate for sales and earnings is pegged at $19.21 billion and $4.33 per share, respectively. Earnings estimates for IBM for 2025 have remained stable at $11.38, while those for 2026 are up 0.3% to $12.19 per share over the past 60 days.

IBM Estimate Trend

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The cloud and data platform delivered a four-quarter earnings surprise of 8.1%, on average, beating estimates on each occasion. In the last reported quarter, the company pulled off an earnings surprise of 8.6%.

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Our proven model does not predict an earnings beat for IBM for the fourth quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat….