IBM Stock Predictions: Earnings Report Expected to Meet Market E

On October 20, 2026, Evercore ISI reiterated its “Outperform” rating for IBM (NYSE: IBM), setting a price target of $250 ahead of the company’s upcoming earnings report on October 21. The firm anticipates that IBM’s third-quarter results will align with or slightly exceed market expectations, projecting revenues of $16.8 billion and earnings per share of $2.86. A critical factor will be whether delayed software deals from the second quarter can convert into revenue in the latter half of the year.

• IBM offers a dividend yield of 2.66%, with a sustainable payout ratio, indicating a commitment to returning value to shareholders. The GF Value™ verdict suggests that IBM is currently 2.9% undervalued, making its dividend yield attractive.
• IBM’s GF Score™ is 77/100, indicating a strong overall performance relative to its peers.
• Insider activity shows a significant sell-off in the last three months, with $5,758,000 in insider sales, which may raise questions about insider confidence…