International Business Machines Corp (IBM) Stock Down 0.3% — No

On September 29, 2026, International Business Machines Corp IBM shares fell 0.3% to $219.99, continuing a downward trend that has seen the stock decline 24.2% year-to-date. Over the past year, IBM has seen a price range between $199.19 and $332.46.

• GF Value™ verdict: Current price is 9.5% below GF Value™ of $242.97
• GF Score™: 78/100, indicating above-average performance
• Notable signal: Insiders sold a net of $5.3M over the past 12 months

Is IBM Overvalued or Undervalued?

IBM’s current stock price of $219.99 is 9.5% below its GF Value™ estimate of $242.97, which implies that the stock is undervalued. This margin of safety suggests a potential opportunity for investors looking at intrinsic value versus market price. The GF Valuation label indicates that IBM is fairly valued, yet the underlying data points to an undervaluation when considering the GF Value™ estimate, which is derived from historical trading multiples, business growth, and future performance projections.

While the…