By Rafael Müller
Publication Date: 2026-10-21 08:50:00
IBM (ISIN US4592001014) trades at EUR 214.03 at Lang & Schwarz on October 21, 2026, at 10:43 a.m. CEST, 0.65 percent above the Xetra close of October 20, 2026. The company is scheduled to publish third-quarter results after the market close, according to its IBM investor-relations page.
What must IBM show on October 21?
The earnings bar is defined by consensus revenue of USD 16.82 billion and adjusted earnings per share of USD 2.85 for the third quarter of 2026. Both figures imply growth from the year-ago quarter, with revenue expected to rise 3.00 percent and earnings per share 7.50 percent, according to TipRanks.
Analysts set a mixed bar
TipRanks reported that Morgan Stanley analyst Erik Woodring raised his IBM target from USD 190.00 to USD 238.00 on October 15, 2026, while retaining a Hold rating. The target is 11.21 percent above IBM’s primary-exchange price of USD 214.00 cited in the report, keeping the upside case measured.
Evercore ISI reiterated an Outperform rating and a USD…


