It’s still a bull thesis, just subverted: International Business Machines Corp (IBM)

Ulysses Smith

At the time of writing, International Business Machines Corp [IBM] stock is trading at $309.03, up 1.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The IBM shares have gain 4.15% over the last week, with a monthly amount drifted -0.07%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

International Business Machines Corp [NYSE: IBM] stock has seen the most recent analyst activity on January 05, 2026, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $360 for it. Previously, Erste Group upgraded its rating to Buy on December 05, 2025. On November 21, 2025, Oppenheimer initiated with an Outtperform rating and assigned a price target of $360 on the stock. Bernstein started tracking the stock assigning a Mkt Perform rating and suggested a price target of $280 on September 16, 2025. Erste Group downgraded its rating to a Hold. Oppenheimer started tracking with an Outtperform rating for this stock on February 11, 2025, and assigned it a price target of $320.

For the past year, the stock price of International Business Machines Corp fluctuated between $214.50 and $324.90. Currently, Wall Street analysts expect the stock to reach $308.86 within the next 12 months. International Business Machines Corp [NYSE: IBM] shares were valued at $309.03 at the most recent close of the market. An investor can expect a potential drop of -0.06% based on the average IBM price forecast.

Analyzing the IBM fundamentals

According to International Business Machines Corp [NYSE:IBM], the company’s sales were 65.40B for trailing twelve months, which represents an 9.11% jump. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.29 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.39.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It is important to note that International Business Machines Corp [NYSE:IBM] has a current ratio of 0.90. On the other hand, the Quick Ratio is 0.86, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 4.42, the price to book ratio is 10.35 and price to earnings (TTM) ratio is 36.96.

Transactions by insiders

Recent insider trading involved Thomas Robert David, Senior Vice President, that happened on Mar 03 ’25 when 26543.0 shares were sold. Officer, ROBERT D THOMAS completed a deal on Mar 03 ’25 to buy 26543.0 shares. Meanwhile, Director FARR DAVID N bought 1200.0 shares on Feb 28 ’25.

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