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International Business Machines Corp IBM Stock Quote

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Last close prices updated as of May 30, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 129.48
  • Sector Technology
  • Industry Information Technology Services
  • Investment Style Large Value
  • Day Range 128.26  –  130.07
  • Year Range 115.55  –  153.21
  • Market Cap 117.5737 Bil
  • Volume / Avg 1,425.0 /  4.9 Mil
  • Price / Sales 1.95
  • Price / Book 5.44
  • Forward Div Yield 5.13%
  • Trailing Div Yield 5.11%

Morningstar‘s Stock Analysis IBM

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


IBM Earnings: Margin Expansion and a Stable Guide Signal IBM Is Faring Well; Shares Fairly Valued

Julie Bhusal Sharma Equity Analyst

Analyst Note

| Julie Bhusal Sharma |

IBM’s first quarter came short of our expectations on the top line while exceeding our earnings forecasts, thanks to margin strength. While consulting revenue has weakened due to its discretionary nature, we found it comforting that IBM is not seeing weakness in software, as we believe software is the stickiest of IBM’s offering, which contributes to the firm’s narrow moat. This assurance is reflected in management’s roughly maintained guidance for the year. As a result, we are reiterating our fair value estimate of $126 per share, which leaves shares fairly valued, in our view. As a reminder, since December 2022, IBM’s stock price has consistently fallen, approaching our fair value estimate. We believe the market is now properly factoring in IBM’s vulnerabilities amid tougher competition in a quite different IT services landscape compared with the once closed systems landscape it used to benefit from.

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Key Statistics IBM

Company Profile IBM

Business Description

IBM looks to be a part of every aspect of an enterprise’s IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM’s outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.

One New Orchard Road
Armonk, NY, 10504
Industry Information Technology Services
Employees 311,300

Related Articles IBM

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of IBM’s competitive advantage.

International Business Machines Corp


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+$0.59 (0.46%) +$4.83 (1.59%) −$0.37 (1.18%) −$1.68 (0.50%)
Market Cap
117.57 Bil194.78 Bil30.48 Bil2.46 Tril
Information Technology Services Information Technology Services Computer Hardware Software - Infrastructure

* Trading data in this section is delayed by at least 15 minutes.

FAQs for International Business Machines Corp Stock

Yes. IBM has a forward dividend yield of 5.13%. See IBM’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

IBM’s market cap is 117.57 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

IBM’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

IBM’s price/sales is 1.95.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

IBM’s price/forward earnings is 58.59.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

IBM’s price/book is 5.44.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See IBM’s valuation ratios compared to the Market Index.

IBM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare IBM’s historical performance against its industry peers and the overall market.