IBM stock steadies near USD 237 after earnings and target reset
Published on 09/18/2026 at 14:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
IBM stock (US4592001014) closed at USD 237.75 on September 17, 2026, up 0.11 percent on the NYSE, while the company's latest quarter showed revenue of USD 17.16 billion and EPS of USD 2.93. ad-hoc-news said on September 18, 2026 that the close sat at USD 237.75, and MarketBeat linked the figures to IBM's quarterly results. The gap between the USD 237.75 close and the USD 265.16 consensus target leaves the shares 10.3 percent below that reference level.
Q2 set the base
According to MarketBeat, IBM reported USD 17.16 billion in revenue for the quarter, up 1.1 percent from the same period a year earlier, while EPS came in at USD 2.93 versus USD 2.80 a year earlier. The same report put IBM's net margin at 15.52 percent and return on equity at 35.65 percent, showing why the stock continues to trade on profitability as much as on growth.
Zacks said on September 18, 2026 that IBM's next earnings report is expected on October 21, 2026, with consensus at USD 2.89 EPS and USD 16.88 billion revenue for the quarter. That implies year-over-year growth of 9.06 percent for EPS and 3.34 percent for revenue.
Targets still lean higher
According to MarketBeat, IBM carries a consensus rating of Moderate Buy and an average price target of USD 265.16. The same page lists a market cap of USD 224.48 billion, a P/E ratio of 21.14 and a 52-week range of USD 199.19 to USD 332.46, placing the stock in the middle of its yearly band.
The 52-week low of USD 199.19 and the 52-week high of USD 332.46 frame the current move better than the day-to-day noise. For investors, the next visible checkpoint is the October 21, 2026 earnings date, while the September 17, 2026 close at USD 237.75 keeps IBM below both the 52-week high and the current consensus target.
IBM shares at a glance
- Company: International Business Machines Corporation
- ISIN: US4592001014
- Ticker: IBM
- Trading venue: NYSE
- Price (as of September 17, 2026): USD 237.75
- Market capitalization: USD 224.48 billion (as of September 18, 2026)
- Sector / Industry: Information Technology / IT Services
- Index membership: Dow Jones Industrial Average
- Next earnings date: October 21, 2026
