IBM adds Frank Baker to its board. IBM stock yields 3.10 percent
Published on 10/06/2026 at 17:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
IBM stock was last at EUR 198.98 on Tradegate on October 6, 2026 at 1:57 p.m. CEST, placing it 29.51 percent below the EUR 282.40 52-week high. The company elected Frank Baker to its board on October 1, 2026, as Finanztrends reported. IBM stock carries a 3.10 percent dividend yield, according to MarketBeat.
Board change arrives before results
Frank Baker, co-founder and managing partner of Siris Capital, joined IBM's board on October 1, 2026. The appointment expanded the board to 14 members, while IBM's recent product announcements have kept artificial intelligence governance and secure deployment central to its strategy.
IBM's investor-relations page lists its self-hosted IBM Bob deployment among its recent announcements and identifies the company's hybrid cloud and artificial intelligence strategy as a core priority. The self-hosted option is relevant to customers that need tighter control over data and software deployment.
Revenue missed the consensus mark
In the second quarter of 2026, IBM reported USD 17.16 billion in revenue and USD 2.93 in operating earnings per share. MarketBeat said revenue was below the USD 17.46 billion consensus estimate, while operating earnings per share matched the USD 2.93 consensus.
The comparison matters because IBM's revenue grew 1.10 percent from the prior-year quarter, but the USD 0.30 billion shortfall against expectations placed more weight on software growth and the next quarterly update. IBM's finance data show USD 17.162 billion of reported revenue for the period ended June 30, 2026.
October results set the next test
Zacks lists October 21, 2026 as IBM's confirmed next earnings date after the US market close. Its consensus estimate for the September 2026 quarter is USD 2.89 in earnings per share, a figure that gives investors a defined benchmark for the next report.
IBM's market capitalization was USD 210.4 billion as of October 6, 2026, while the primary listing is on the NYSE under ticker IBM. The combination of a modest second-quarter revenue increase and a clear earnings date makes execution in software and secure artificial intelligence deployment the next measurable test.
Stock remains below its yearly high
The substitute Tradegate price was EUR 198.98 on October 6, 2026 at 1:57 p.m. CEST, versus the EUR 282.40 52-week high and EUR 181.04 52-week low. Price source: substitute price Tradegate, Lang & Schwarz without data set.
IBM stock facts
- Company: International Business Machines Corporation
- ISIN: US4592001014
- WKN: 851399
- Ticker: IBM
- Primary exchange: NYSE
- Substitute price Tradegate (as of October 6, 2026, 1:57 p.m. CEST): EUR 198.98
- 52-week range: EUR 181.04-EUR 282.40
- Market capitalization: USD 210.4 billion (as of October 6, 2026)
- Sector / Industry: Technology / Information Technology Services
- Index membership: Dow Jones Industrial Average
- Next earnings date: October 21, 2026
