International Business Machines Corp (IBM)
NYSE · Price as of · Delayed Quote
- Profitability20/20
Profitable and growing: $10.72B net income over the last four reported quarters, up from $9.08B the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 1 sell worth $5.8M, no open-market buys, across the last 20 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 1 new 5%+ stake disclosure (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings11/15
Share count up 1.1% in a year with 6 offering-related filings. Mild dilution.
- Analysts23
- Implied upside+4.0%
- Target range$174.00 to $350.00
- EPS expected$2.89 +9.0%
- A year ago$2.65
- Revenue expected$16.84B +3.1%
- Estimate range$2.78 to $3.12
IBM closed at $235.59 on Aug 28, up 6.2% since Jul 30. Chart read: price below both the 50-day and 200-day moving averages; the 50-day is below the 200-day (downtrend structure); trading at 24% of the 52-week range ($205.77 to $329.23).
Insider buying and selling at International Business Machines Corp (IBM)
The most recent Form 4 on record for International Business Machines Corp (IBM) is August 26, 2026, when Robert David Thomas, Senior Vice President, sold $5.8M of stock. Nothing in the filing ties this one to a pre-arranged plan, so it was the filer's own call.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Robert David Thomas · Senior Vice President | Sell | $5.8M | August 26, 2026 | Own call |
| Michael Miebach · Director | Buy | $101,264 | February 25, 2026 | Own call |
| Michelle J Howard · Director | Buy | $11,891 | February 25, 2026 | Own call |
| David N Farr · Director | Buy | $304,000 | January 30, 2026 | Own call |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| Thomas Robert David · Officer | $5.8M | August 26, 2026 | Executed | Vested shares |
How Congress has done in IBM
Every purchase of IBM disclosed by a member of Congress in the last 5 years, scored over the 12 months after the trade date against SPY over the same window.
| Measure | IBM | SPY |
|---|---|---|
| Median 12-month return after purchase | +14.2% | +18.7% |
| Median difference vs SPY | +2.9% | — |
| Purchases that beat SPY | 19 of 36 (53%) | — |
| Members who bought | 9 | — |
Most frequent buyers: Lloyd Doggett (16), Josh Gottheimer (9), Jonathan Jackson (3), Rob Bresnahan (3), Dwight Evans (1).
These are not returns anyone actually earned. Disclosures report a dollar bracket and no share count, so every purchase is counted once and weighted equally, and sales are not matched back to the buys that opened them. 2 of the 36 purchases are disclosed as a spouse's or dependent's rather than the member's own. Purchases from the last 12 months are excluded because their window has not closed yet.
Congress trades
| Date | Member | Action | Amount | |
|---|---|---|---|---|
| 2026-07-16 | Josh Gottheimer NJ | Sale | $1,001 - $15,000 | |
| 2026-07-15 | Josh Gottheimer NJ | Sale | $1,001 - $15,000 | |
| 2026-06-16 | Gil Cisneros CA | Purchase | $15,001 - $50,000 | |
| 2026-06-16 | Matt Van Epps TN | Sale | $1,001 - $15,000 | |
| 2026-06-10 | Lloyd Doggett TX | Purchase | $1,001 - $15,000 |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 4 | August 28, 2026 | PRIMARY DOCUMENT |
| 4 | August 28, 2026 | PRIMARY DOCUMENT |
| 144 | August 26, 2026 | View on EDGAR |
| 8-K | August 14, 2026 | FORM 8-K |
| 424B5 | August 11, 2026 | 424B5 |
| FWP | August 10, 2026 | FWP |
| 424B3 | August 10, 2026 | 424B3 |
| S-8 POS | July 29, 2026 | AMENDMENT NO. 1 |
International Business Machines news
All 24 articles
IBM earnings are tonight. The stock crashed 25% and the government is betting $1 billion on its quantum future (July 22, 2026)
Down 38 percent in seven weeks, still falling into tonight's call, with a government-backed quantum business nobody is talking about.
IBM already sank 20%. This week's earnings from Alphabet, Tesla, Intel and four more decide if AI spending is real
IBM already sank 20% on a warning. Now Alphabet, Tesla, Intel and four more of our tracked stocks report earnings within 48 hours, the clearest test yet of whether AI spending is paying off.
Jim Cramer's tech calls are still lagging the rest of his book. Intel is 1 for 5, and IBM crashed the day after his second buy call.
Jim Cramer's tech calls are still his weak spot. Intel is 1 for 5 since June, IBM is down nearly 30% since his back-to-back buy calls, and his tech picks trail the Nasdaq-100 by more than three points a call even after Tuesday's chip bounce.
Jim Cramer blessed IBM on Monday. Tuesday was its worst day ever. Wednesday he blessed my Intel. Thursday it dropped.
Jim Cramer told viewers to buy IBM on July 13. It fell 25% the next day, the worst session in the company's history. Then he turned bearish at the bottom and has been right since. On Wednesday he called Intel his favorite stock for the fifth time since June. I own Intel. Thursday it dropped another 3.5%.
The Close, July 14: IBM lost a quarter of its value, and SK Hynix's Nasdaq stock jumped 27%
IBM lost about a quarter of its value in a single session after a weak preliminary report, and the damage spread across enterprise software. SK Hynix's brand-new Nasdaq stock went the other way, jumping 27% on a day chips broadly rallied.
Inflation fell for the first time since 2020, the Kospi closed green, and IBM still crashed 23% (July 14, 2026)
June CPI fell 0.4%, the first monthly decline since 2020, and chips bounced. Then IBM missed on preliminary results, lost roughly 23%, and dragged Workday, ServiceNow and Adobe down with it. CleanSpark jumped 8% on a $6.6 billion AI data center lease, and the Kospi closed green before the CPI number even existed.
IBM (IBM) is up almost 12% this week while chip stocks get hit. Here's why.
IBM has closed higher four straight sessions and is up again today, even as Samsung's earnings reaction and a broader chip selloff hit Micron, SanDisk, and Penguin Solutions. A BofA upgrade, a quantum computing milestone, and a new mainframe launch all landed within 48 hours.
Can you trade stocks on the weekend? Inside Hyperliquid and the IBM run
A years-old Trump clip went viral on a Saturday and IBM gapped up 15% by Monday. You could watch the whole thing on Hyperliquid, where stocks, oil and indexes trade all weekend in stablecoins. Here is how it works, and why 8 PM Sunday matters.
Articles that mention International Business Machines without it being the main subject.
Nvidia (NVDA) and 34 other companies told Washington not to restrict open-weight AI. OpenAI signed a day late. Anthropic still hasn't.
The Open Weights and American AI Leadership letter asks Washington not to restrict AI models anyone can download. It went from 25 signatures to 35. OpenAI added its name after sitting out the launch, Google's CEO backed it without signing, and Anthropic declined to comment. Update, July 27: the list has since grown to 133 names, and both Google and Amazon signed.
Everyone's asking if AI is the next dot-com bubble. Nvidia and 25 companies just gave a clue.
Nvidia rallied 25 companies behind open AI models, and OpenAI and Anthropic sat it out. Here's why I think their coming IPOs, not this fight, mark the real top of the AI bubble.
Jensen Huang's first-ever post on X was an open-weights AI letter. Nvidia (NVDA) and Microsoft (MSFT) both signed it, along with 23 other companies.
Jensen Huang joined X in June and stayed silent for weeks. His first post was a joint industry letter on open AI models, signed by 25 companies including Microsoft. OpenAI, Anthropic, Google and Amazon did not sign.
Frequently asked questions
When does IBM report earnings?
International Business Machines Corp (IBM) is scheduled to report quarterly results on October 21, 2026, after the close. The 20-analyst consensus is $2.89 per share on revenue of $16.84B for the quarter ending September 30, 2026, against $2.65 and $16.33B a year earlier. It has beaten the consensus EPS estimate in 3 of the last four quarters.
What do analysts expect for IBM?
23 analysts cover International Business Machines Corp (IBM). The consensus rating is Buy. The average price target is $244.91, in a range of $174.00 to $350.00.
Are insiders buying or selling IBM?
We track Form 4 filings for International Business Machines Corp (IBM). The activity listed on this page shows 3 open-market purchases and 1 qualifying sale. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Has Congress made money trading IBM?
9 members of Congress have disclosed buying IBM in the last 5 years, 36 purchases in total. Measured over the 12 months after each trade date, the median purchase returned +14.2% against +18.7% for SPY over the same windows, and 19 of the 36 (53%) beat the index. These are not returns anyone actually earned: congressional disclosures report a dollar bracket and no share count, so each purchase is counted once and weighted equally, and later sales are not matched back to the buys that opened them.
Where can I see IBM SEC filings?
Recent filings are listed on this page, newest first. The latest is a 4 filed August 28, 2026.