International Business Machines Corp (IBM)
NYSE · Price as of · Nasdaq Real Time Price
- Profitability20/20
Profitable and growing: $11.17B net income over the last four reported quarters, up from $7.91B the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 1 sell worth $5.8M, no open-market buys, across the last 20 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 1 new 5%+ stake disclosure (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings11/15
Share count up 1.1% in a year with 6 offering-related filings. Mild dilution.
- Analysts23
- Implied upside+1.4%
- Target range$174.00 to $300.00
IBM closed at $251.46 on Oct 21, up 8.7% since Sep 22. Chart read: price above both the 50-day and 200-day moving averages; the 50-day is below the 200-day (downtrend structure); trading at 38% of the 52-week range ($205.77 to $329.23).
Insider buying and selling at International Business Machines Corp (IBM)
The most recent Form 4 on record for International Business Machines Corp (IBM) is August 26, 2026, when Robert David Thomas, Senior Vice President, sold $5.8M of stock. Nothing in the filing ties this one to a pre-arranged plan, so it was the filer's own call.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Robert David Thomas · Senior Vice President | Sell | $5.8M | August 26, 2026 | Red flag |
| Michael Miebach · Director | Buy | $101,264 | February 25, 2026 | Notable buy |
| Michelle J Howard · Director | Buy | $11,891 | February 25, 2026 | Notable buy |
| David N Farr · Director | Buy | $304,000 | January 30, 2026 | Notable buy |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| Thomas Robert David · Officer | $5.8M | August 26, 2026 | Executed | Vested shares |
How Congress has done in IBM
Every purchase of IBM disclosed by a member of Congress in the last 5 years, scored over the 12 months after the trade date against SPY over the same window.
| Measure | IBM | SPY |
|---|---|---|
| Median 12-month return after purchase | +14.1% | +18.9% |
| Median difference vs SPY | -3.9% | — |
| Purchases that beat SPY | 18 of 37 (49%) | — |
| Members who bought | 10 | — |
Most frequent buyers: Lloyd Doggett (15), Josh Gottheimer (9), Jonathan Jackson (3), Rob Bresnahan (3), Michael McCaul (2).
These are not returns anyone actually earned. Disclosures report a dollar bracket and no share count, so every purchase is counted once and weighted equally, and sales are not matched back to the buys that opened them. 4 of the 37 purchases are disclosed as a spouse's or dependent's rather than the member's own. Purchases from the last 12 months are excluded because their window has not closed yet.
Congress trades in IBM
| Date | Member | Action | Amount | |
|---|---|---|---|---|
| 2026-09-10 | Lloyd Doggett TX | Purchase | $1,001 - $15,000 | |
| 2026-09-04 | Maria Elvira Salazar FL | Sale | $1,001 - $15,000 | |
| 2026-08-24 | Maria Elvira Salazar FL | Sale | $1,001 - $15,000 | |
| 2026-08-18 | Gil Cisneros CA | Purchase | $1,001 - $15,000 | |
| 2026-07-17 | Gil Cisneros CA | Sale | $1,001 - $15,000 |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 10-Q | October 22, 2026 | 10-Q |
| 8-K | October 21, 2026 | 8-K |
| 3 | October 8, 2026 | PRIMARY DOCUMENT |
| 4 | October 1, 2026 | PRIMARY DOCUMENT |
| 4 | October 1, 2026 | PRIMARY DOCUMENT |
| 4 | October 1, 2026 | PRIMARY DOCUMENT |
| 4 | October 1, 2026 | PRIMARY DOCUMENT |
| 4 | October 1, 2026 | PRIMARY DOCUMENT |
International Business Machines news
All 34 articles
IBM and IonQ reach the final stage of DARPA's quantum test as PsiQuantum gets a $150 million loan offer
Four companies moved to DARPA's final quantum test. IonQ says its own agreement could be worth up to $300 million.
IBM has a $1 billion quantum foundry award. Where do IonQ, D-Wave and Rigetti get their chips?
Anderon, IBM's Albany quantum foundry, signed its final $1 billion CHIPS award on Wednesday and named no outside customer. D-Wave's Advantage2 prototype came from a SkyWater fab that IonQ bought in July, Rigetti runs its own fab in Fremont, and neither IonQ nor Quantum Computing Inc received an award.
IBM (IBM) unit finalizes $1 billion quantum foundry award. Government equity terms remain undisclosed.
Anderon, the IBM company running a quantum wafer foundry in Albany, has signed its final $1 billion award with the Commerce Department. It was the largest of nine proposed in May. Commerce made minority equity stakes a condition of the funding. Anderon's release does not spell out its terms.
IBM's software chief sold a third of his IBM stock. It was his own call, not a trading plan.
Rob Thomas sold 25,000 IBM shares for $5.76 million on August 26, six weeks after IBM's worst day in its history. The Form 4's trading-plan checkbox is unchecked.
IBM earnings are tonight. The stock crashed 25% and the government is betting $1 billion on its quantum future (July 22, 2026)
Down 38 percent in seven weeks, still falling into tonight's call, with a government-backed quantum business nobody is talking about.
IBM already sank 20%. This week's earnings from Alphabet, Tesla, Intel and four more decide if AI spending is real
IBM already sank 20% on a warning. Now Alphabet, Tesla, Intel and four more of our tracked stocks report earnings within 48 hours, the clearest test yet of whether AI spending is paying off.
Jim Cramer's tech calls are still lagging the rest of his book. Intel is 1 for 5, and IBM crashed the day after his second buy call.
Jim Cramer's tech calls are still his weak spot. Intel is 1 for 5 since June, IBM is down nearly 30% since his back-to-back buy calls, and his tech picks trail the Nasdaq-100 by more than three points a call even after Tuesday's chip bounce.
Jim Cramer blessed IBM on Monday. Tuesday was its worst day ever. Wednesday he blessed my Intel. Thursday it dropped.
Jim Cramer told viewers to buy IBM on July 13. It fell 25% the next day, the worst session in the company's history. Then he turned bearish at the bottom and has been right since. On Wednesday he called Intel his favorite stock for the fifth time since June. I own Intel. Thursday it dropped another 3.5%.
The Close, July 14: IBM lost a quarter of its value, and SK Hynix's Nasdaq stock jumped 27%
IBM lost about a quarter of its value in a single session after a weak preliminary report, and the damage spread across enterprise software. SK Hynix's brand-new Nasdaq stock went the other way, jumping 27% on a day chips broadly rallied.
Articles that mention International Business Machines without it being the main subject.
Nasdaq futures rise 1% after AI selloff as SpaceX (SPCX), Tesla (TSLA), and Meta (META) earnings approach
Nasdaq futures led Sunday night's bounce after chip stocks' longest losing streak since 2008. Here's the week's earnings calendar.
WSJ columnist says a price crash could end the AI boom. I think cheaper AI could also prolong it
AI prices have been falling fast. The real question is who eats the decline.
Quantum stocks compared: IonQ (IONQ) vs Rigetti (RGTI) vs D-Wave (QBTS)
IonQ, Rigetti, and D-Wave all sell quantum computers, but they use different technologies and run businesses of very different sizes. IonQ reported $80.1 million of second-quarter revenue, nearly 10 times Rigetti and D-Wave combined.
Frequently asked questions
What do analysts expect for IBM?
23 analysts cover International Business Machines Corp (IBM). The consensus rating is Buy. The average price target is $255.69, in a range of $174.00 to $300.00.
Are insiders buying or selling IBM?
We track Form 4 filings for International Business Machines Corp (IBM). The activity listed on this page shows 3 open-market purchases and 1 qualifying sale. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Has Congress made money trading IBM?
10 members of Congress have disclosed buying IBM in the last 5 years, 37 purchases in total. Measured over the 12 months after each trade date, the median purchase returned +14.1% against +18.9% for SPY over the same windows, and 18 of the 37 (49%) beat the index. These are not returns anyone actually earned: congressional disclosures report a dollar bracket and no share count, so each purchase is counted once and weighted equally, and later sales are not matched back to the buys that opened them.
Where can I see IBM SEC filings?
Recent filings are listed on this page, newest first. The latest is a 10-Q filed October 22, 2026.