IBM, US4592001014

IBM acquires Logiq Consulting: 28 analysts rate IBM stock

Published on 10/01/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IBM stock costs EUR 194.12 on October 1, 2026 after EUR 193.88, plus 0.12 percent. 28 analysts set a USD 265.16 average target for IBM.

Photorealistic view down a long enterprise mainframe data center corridor, tall black server cabinets lined with glowing blue LED strips on both sides, cool blue ambient light reflecting off the polished floor, deep perspective showing the aisle vanishing — IBM zeigt ein großes Mainframe Rechenzentrum mit intensiver blauer Beleuchtung und Serverreihen US4592001014, Illustration mit AI erstellt.

IBM stock was trading at EUR 194.12 at Lang & Schwarz on October 1, 2026 at 10:36 a.m. CEST, up 0.12 percent from the prior close of EUR 193.88. According to IBM on September 24, 2026, the company acquired Logiq Consulting to strengthen cybersecurity and secure digital transformation in the UK. MarketBeat cited 28 analysts and a USD 265.16 average target for IBM in its September 16, 2026 overview.

Cybersecurity expands IBM Consulting

Logiq Consulting serves defense, government, critical infrastructure and regulated customers with cybersecurity assurance, secure systems engineering and managed services. IBM said the acquisition adds capabilities to its consulting portfolio and supports its hybrid cloud, artificial intelligence and digital sovereignty strategy.

The transaction gives IBM a more specialized position in UK security work, but the financial details were not included in the company announcement. That makes execution the measurable next step: the acquired expertise must translate into larger consulting engagements and recurring services.

Second-quarter revenue grows slowly

IBM reported USD 17.16 billion in revenue for the second quarter of 2026, up 1.10 percent from the same period a year earlier but below the USD 17.46 billion consensus estimate, according to MarketBeat. Adjusted earnings per share reached USD 2.93 and matched consensus, while GAAP earnings per share stood at USD 2.27, according to ftd on September 30, 2026.

The split between adjusted and GAAP earnings matters for valuation. IBM delivered the expected adjusted figure, but the reported GAAP result was lower, leaving investors to assess how much of the earnings profile depends on adjustments.

Analyst targets remain divided

Bernstein maintained a USD 230.00 target on September 10, 2026, while Susquehanna raised its target from USD 225.00 to USD 235.00 on August 31, 2026, according to ftd. The same overview listed RBC Capital at USD 270.00 on August 20, 2026, showing a wide spread between analyst assumptions.

IBM's current market capitalization was USD 207.2 billion as of September 30, 2026. Its primary exchange is the New York Stock Exchange, where the 52-week range was USD 199.19 to USD 332.46 on the same market-data snapshot.

IBM stock trades in a narrow daily move

IBM stock was trading at EUR 194.12 at Lang & Schwarz on October 1, 2026 at 10:36 a.m. CEST, plus 0.12 percent versus the Lang & Schwarz prior close of EUR 193.88. The euro quote reflects the German trading perspective, while IBM's primary listing remains the NYSE in USD. The further course of trading is shown by the continuously updated real-time quote of IBM stock.