Bernstein has initiated coverage on International Business Machines Corp (IBM) with a Market Perform rating. This marks the firm's first assessment of IBM's investment potential, reflecting their research into the company's business model and industry dynamics.
IBM, headquartered in Armonk, New York, is a leading information technology company with a workforce of 293,400 employees. The firm operates in various segments, including Software, Consulting, Infrastructure, and Financing. Its Software segment focuses on hybrid cloud and AI platforms, while the Consulting segment integrates skills across strategy, technology, and operations. The Infrastructure segment provides solutions for hybrid cloud environments, and the Financing segment facilitates client acquisitions of hardware and software.
As of September 15, 2025, IBM's stock is priced at $296.31, with a market capitalization of $281.0 billion. The company has a P/E ratio of 35.53 and an EPS of 8.36. Investors will be watching closely as IBM prepares to report its upcoming earnings on July 21, 2026, with an estimated EPS of $3.04 and revenue of $17.8 billion.
Analyst ratings serve as professional opinions based on extensive research and financial models. While these insights can provide valuable perspectives, they are based on assumptions that may not always hold true. Investors should consider a range of factors, including company fundamentals and market trends, when making decisions. Analyst views should complement, rather than dictate, investment strategies.
It's important to note that analyst ratings can evolve over time as new information emerges, and different analysts may offer varying opinions on the same company.