IBM's Earnings Outlook

IBM (NYSE:IBM) is gearing up to announce its quarterly earnings on Wednesday, 2025-07-23. Here's a quick overview of what investors should know before the release.

Analysts are estimating that IBM will report an earnings per share (EPS) of $2.65.

IBM bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

Last quarter the company beat EPS by $0.20, which was followed by a 6.58% drop in the share price the next day.

Here's a look at IBM's past performance and the resulting price change:

Quarter

Q1 2025

Q4 2024

Q3 2024

Q2 2024

EPS Estimate

1.4

3.75

2.23

2.19

EPS Actual

1.6

3.92

2.30

2.43

Price Change %

-7.000000000000001%

13.0%

-6.0%

4.0%

Stock Performance

Shares of IBM were trading at $284.71 as of July 21. Over the last 52-week period, shares are up 54.38%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about IBM

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding IBM.

A total of 13 analyst ratings have been received for IBM, with the consensus rating being Outperform. The average one-year price target stands at ...