What is Zacks Research’s Forecast for IBM Q1 Earnings?

International Business Machines Co. (NYSE:IBM) – Analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for International Business Machines in a research note issued to investors on Tuesday, February 18th. Zacks Research analyst S. Bose now forecasts that the technology company will post earnings per share of $1.40 for the quarter, down from their prior estimate of $1.57. The consensus estimate for International Business Machines’ current full-year earnings is $10.77 per share. Zacks Research also issued estimates for International Business Machines’ Q2 2025 earnings at $2.49 EPS, Q3 2025 earnings at $2.39 EPS, Q1 2026 earnings at $1.71 EPS, Q2 2026 earnings at $2.96 EPS, Q3 2026 earnings at $2.63 EPS and FY2027 earnings at $11.85 EPS.

A number of other analysts have also commented on IBM. Bank of America lifted their price objective on International Business Machines from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. BMO Capital Markets raised their target price on International Business Machines from $260.00 to $280.00 and gave the stock a “market perform” rating in a report on Thursday, January 30th. Oppenheimer initiated coverage on International Business Machines in a report on Tuesday, February 11th. They set an “outperform” rating and a $320.00 target price on the stock. Jefferies Financial Group raised their target price on International Business Machines from $245.00 to $270.00 and gave the stock a “hold” rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. raised their target price on International Business Machines from $233.00 to $244.00 and gave the stock a “neutral” rating in a report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $231.44.

International Business Machines Price Performance

Shares of IBM stock opened at $261.77 on Thursday. The stock has a 50-day moving average price of $235.27 and a 200 day moving average price of $221.81. The company has a quick ratio of 1.00, a current ratio of 1.04 and a debt-to-equity ratio of 1.82. The firm has a market cap of $242.05 billion, a price-to-earnings ratio of 40.84, a PEG ratio of 5.80 and a beta of 0.76. International Business Machines has a 12 month low of $162.62 and a 12 month high of $265.72.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, January 29th. The technology company reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $0.15. International Business Machines had a return on equity of 38.99% and a net margin of 9.60%.

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Monday, February 10th will be given a $1.67 dividend. This represents a $6.68 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Monday, February 10th. International Business Machines’s dividend payout ratio is presently 104.21%.

Institutional Investors Weigh In On International Business Machines

A number of hedge funds and other institutional investors have recently bought and sold shares of IBM. Trilogy Capital Inc. acquired a new stake in International Business Machines in the 3rd quarter valued at approximately $203,000. Foundations Investment Advisors LLC raised its position in International Business Machines by 5.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 30,301 shares of the technology company’s stock valued at $6,699,000 after buying an additional 1,626 shares during the last quarter. Calton & Associates Inc. acquired a new stake in International Business Machines in the 3rd quarter valued at approximately $237,000. Eastern Bank increased its position in shares of International Business Machines by 1,392.9% during the 3rd quarter. Eastern Bank now owns 22,453 shares of the technology company’s stock worth $4,964,000 after purchasing an additional 20,949 shares during the last quarter. Finally, BLB&B Advisors LLC increased its position in shares of International Business Machines by 0.9% during the 3rd quarter. BLB&B Advisors LLC now owns 23,929 shares of the technology company’s stock worth $5,290,000 after purchasing an additional 222 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.