IBM Shares Rise 2.56% as Earnings Preview Points to EPS Growth

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Summary · why it matters

IBM closed the latest session at $225.57, up 2.56% and ahead of the S&P 500's 0.2% gain, while the Dow and Nasdaq each added 0.04%. The company is scheduled to report earnings on October 21, 2026, with analysts expecting earnings per share of $2.9, a 9.43% increase from the year-earlier quarter, and revenue of $16.88 billion, up 3.34%. For the full fiscal year, the Zacks Consensus Estimates project earnings of $12.33 per share and revenue of $70.39 billion, representing growth of 6.38% and 4.22%, respectively. Over the past month the Zacks Consensus EPS estimate has slipped 0.01%, and IBM currently carries a Zacks Rank of #4 (Sell). The stock trades at a forward P/E of 17.84, below its industry average of 21.47, with a PEG ratio of 2.1.

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IBM
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Earnings preview points to expected EPS growth of 9.43% and revenue growth, but IBM carries a Zacks Rank #4 (Sell) and the EPS estimate slipped over the past month.