International Business Machines (NYSE:IBM) Stock Price Down 1.3% – Time to Sell?

International Business Machines Corporation (NYSE:IBM)’s share price was down 1.3% during trading on Tuesday . The company traded as low as $271.29 and last traded at $277.2150. Approximately 8,737,008 shares changed hands during trading, an increase of 22% from the average daily volume of 7,146,249 shares. The stock had previously closed at $280.82.

Trending Headlines about International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM announced a multi-year partnership with ServiceNow to help enterprises modernize legacy systems and speed up AI deployment, with enterprise-scale adoption targeted for the second half of 2026. IBM (IBM) and ServiceNow (NOW) Unite to Accelerate Enterprise AI Deployment
• Positive Sentiment: IBM received a bullish mention from Jim Cramer, who said investors looking at quantum computing should “buy IBM,” reinforcing sentiment around the company’s positioning in AI and quantum technology. Jim Cramer Recommends IBM Over Xanadu Quantum
• Positive Sentiment: IBM and JA Worldwide expanded their collaboration to deliver AI and digital skills training to up to one million high-school students, highlighting IBM’s broader ecosystem and education push around AI. JA Worldwide and IBM Expand Global Collaboration with Goal of Delivering AI and Digital Skills to Up to One Million High-School Students
• Neutral Sentiment: Erste Group Bank trimmed its FY2027 EPS estimate for IBM slightly, but the revision was modest and the firm kept a Hold rating.
• Neutral Sentiment: Broader tech stocks were firmer late Thursday, which may be providing a supportive backdrop for IBM, though this was not IBM-specific. Sector Update: Tech Stocks Gain Late Afternoon
• Negative Sentiment: A Zacks comparison article argued that Celestica looks stronger than IBM as an AI infrastructure investment, which could weigh slightly on relative valuation sentiment. Celestica vs. IBM: Which AI Infrastructure Stock is the Better Buy?

Analysts Set New Price Targets

A number of equities analysts recently commented on IBM shares. Wedbush set a $350.00 target price on International Business Machines in a report on Tuesday, June 2nd. Citigroup upped their target price on International Business Machines from $285.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. UBS Group upgraded International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price for the company in a report on Wednesday, February 25th. Finally, Needham & Company LLC started coverage on International Business Machines in a report on Wednesday, June 3rd. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and an average price target of $304.17.

International Business Machines Price Performance

The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. The firm has a market cap of $258.50 billion, a PE ratio of 24.32, a price-to-earnings-growth ratio of 2.87 and a beta of 0.67. The firm has a 50-day simple moving average of $248.79 and a 200 day simple moving average of $270.49.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. The business had revenue of $15.92 billion during the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 earnings per share. As a group, equities analysts expect that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were given a dividend of $1.69 per share. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, May 8th. International Business Machines’s payout ratio is 59.77%.

Hedge Funds Weigh In On International Business Machines

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBM. FAS Wealth Partners Inc. grew its stake in shares of International Business Machines by 1.1% in the first quarter. FAS Wealth Partners Inc. now owns 7,598 shares of the technology company’s stock worth $1,842,000 after acquiring an additional 86 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in shares of International Business Machines by 1.1% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 20,341 shares of the technology company’s stock worth $4,930,000 after acquiring an additional 225 shares during the last quarter. Farmers National Bank grew its stake in shares of International Business Machines by 13.9% in the first quarter. Farmers National Bank now owns 28,786 shares of the technology company’s stock worth $6,977,000 after acquiring an additional 3,518 shares during the last quarter. Blue Edge Capital LLC grew its stake in shares of International Business Machines by 22.9% in the first quarter. Blue Edge Capital LLC now owns 8,316 shares of the technology company’s stock worth $2,016,000 after acquiring an additional 1,551 shares during the last quarter. Finally, Caerus Investment Advisors LLC grew its stake in shares of International Business Machines by 35.7% in the first quarter. Caerus Investment Advisors LLC now owns 1,418 shares of the technology company’s stock worth $344,000 after acquiring an additional 373 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.