By Rafael Müller
Publication Date: 2026-09-28 12:52:00
IBM stock (ISIN US4592001014) was last at USD 225.51 on the NYSE on September 25, 2026, at 4:00 p.m. ET, down 0.68 percent from the prior close. The valuation debate now centers on second-quarter growth and IBM’s next earnings date.
Revenue growth stays limited
IBM reported second-quarter revenue of USD 17.16 billion on July 22, 2026, up 1.10 percent year over year but below the USD 17.46 billion consensus estimate, according to MarketBeat. Adjusted earnings per share reached USD 2.93, matching the consensus and rising from USD 2.80 in the year-earlier quarter.
IBM’s investor-relations page lists the second-quarter 2026 earnings announcement among the company’s latest quarterly materials, while its operating model remains built around software, consulting, infrastructure and financing businesses.
Analyst target exceeds the last price
MarketBeat reports a Moderate Buy consensus and an average analyst price target of USD 265.16. That target is 17.58 percent above IBM’s September 25…
