International Business Machines (NYSE:IBM) Trading Down 1.4% – Time to Sell?

Shares of International Business Machines Corporation (NYSE:IBM) dropped 1.4% on Monday . The company traded as low as $279.43 and last traded at $280.9210. Approximately 6,448,142 shares changed hands during trading, a decline of 10% from the average daily volume of 7,132,164 shares. The stock had previously closed at $284.84.

Key International Business Machines News

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

• Positive Sentiment: IBM expanded its AI collaboration with Google Cloud, launching a new consulting practice that combines IBM Consulting Advantage with Gemini Enterprise to help customers adopt AI faster and modernize legacy systems. Can IBM Gain From Its Growing AI Collaboration With Google Cloud?
• Positive Sentiment: IBM launched a new AI learning pathway aimed at upskilling workforces at scale, reinforcing its role as an enterprise AI services provider. IBM launches new AI learning pathway to upskill workforces at scale
• Neutral Sentiment: IBM’s presentation at Bank of America’s 2026 Global Technology Conference may have kept attention on management’s AI and hybrid-cloud strategy, but no specific new financial update was highlighted in the transcript title. International Business Machines Corporation (IBM) Presents at Bank of America 2026 Global Technology Conference Transcript
• Neutral Sentiment: Market attention is also on IBM’s long-term quantum computing investment, with reports highlighting a $10 billion bet that could support future growth but may pressure near-term sentiment because of the large capital commitment. IBM Stock Slides as Company Bets $10 Billion on Quantum Computing
• Negative Sentiment: New IBM research showed many CIOs and CTOs are accountable for AI systems they do not fully control, with only 11% saying they are fully prepared for agentic AI deployment, raising concerns about governance and enterprise rollout risk. New IBM Study Finds CIOs and CTOs Face Growing AI Control Gap as Enterprise Deployment Scales

Analysts Set New Price Targets

IBM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. reduced their target price on International Business Machines from $317.00 to $283.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Citigroup lifted 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. UBS Group raised 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. Barclays initiated coverage on International Business Machines in a report on Monday, June 1st. They set an “overweight” rating and a $350.00 target price for the company. Finally, BMO Capital Markets reduced their target price on International Business Machines from $290.00 to $270.00 and set a “market perform” rating for the company in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and a consensus price target of $304.17.

International Business Machines Stock Down 1.4%

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 company has a market cap of $264.03 billion, a PE ratio of 24.84, a price-to-earnings-growth ratio of 2.95 and a beta of 0.67. The company has a fifty day moving average price of $246.48 and a 200 day moving average price of $270.76.

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

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a dividend of $1.69 per share. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a dividend yield of 2.4%. International Business Machines’s payout ratio is presently 59.77%.

Institutional Trading of International Business Machines

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in International Business Machines by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock worth $28,796,390,000 after buying an additional 1,439,824 shares in the last quarter. State Street Corp boosted its stake in International Business Machines by 1.0% in the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock worth $16,290,452,000 after buying an additional 518,321 shares in the last quarter. Geode Capital Management LLC boosted its stake in International Business Machines by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock worth $6,679,105,000 after buying an additional 336,069 shares in the last quarter. Capital World Investors boosted its stake in International Business Machines by 29.2% in the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after buying an additional 4,976,756 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in International Business Machines by 7.0% in the first quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company’s stock worth $3,893,669,000 after buying an additional 1,049,602 shares in 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.