IBM, US4592001014

IBM reports Q3 results. IBM stock costs EUR 226.55 versus Xetra close

Published on 10/27/2026 at 11:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IBM lifted its 2026 free cash flow outlook. IBM stock costs EUR 226.55 on October 27, 2026 versus the EUR 225.90 Xetra close.

Cash outlook and trading context

IBM's third-quarter revenue reached USD 17.1 billion on October 21, 2026.
IBM now expects free cash flow to rise by more than USD 1 billion in fiscal year 2026.
IBM stock traded at EUR 226.55 at 11:41 a.m. CET at Lang & Schwarz on October 27, 2026, 0.29 percent above the Xetra close of October 26, 2026.

IBM, US4592001014, Illustration mit AI erstellt.

IBM stock (ISIN US4592001014) traded at EUR 226.55 at Lang & Schwarz on October 27, 2026 at 11:41 a.m. CET, up 0.29 percent versus the Xetra close of October 26, 2026 at EUR 225.90. IBM reported third-quarter results on October 21, 2026 and raised its full-year free cash flow outlook.

Cash outlook improves

IBM reported USD 17.1 billion of revenue for the third quarter of 2026, an increase of 5.00 percent from USD 16.3 billion in the third quarter of 2025. Software revenue rose 8.00 percent to USD 7.8 billion, while consulting revenue was flat at USD 5.3 billion, according to the company release dated October 21, 2026.

GAAP net income reached USD 2.2 billion in the third quarter of 2026, compared with USD 1.7 billion in the year-earlier quarter. IBM also generated USD 4.0 billion in operating cash flow during the quarter, up USD 0.9 billion year over year. The company now expects full-year 2026 free cash flow to increase by more than USD 1 billion year over year.

What do analysts see next?

Analyst targets moved higher after the results. MarketScreener listed Goldman Sachs raising its target to USD 300.00 from USD 270.00 on October 22, 2026, while JPMorgan lifted its target to USD 269.00 from USD 250.00. The same overview showed an average target of USD 257.22 from 25 analysts.

Three dates frame IBM's update

IBM announced third-quarter results on October 21, 2026 with USD 17.1 billion of revenue; analysts raised targets on October 22, 2026, including Goldman Sachs to USD 300.00; and the Lang & Schwarz quote stood at EUR 226.55 on October 27, 2026 against the EUR 225.90 Xetra close.

Dividend dates are next

IBM set November 10, 2026 as the record date for its USD 1.69 quarterly dividend, with payment scheduled for December 10, 2026. For investors, the key contrast is clear: software growth and cash generation strengthened, while consulting revenue remained flat in the third quarter.

Stock holds above the Xetra close

IBM's market capitalization was USD 239.5 billion as of October 26, 2026. The stock was trading at EUR 226.55 at Lang & Schwarz on October 27, 2026 at 11:41 a.m. CET, 0.29 percent above the Xetra close of October 26, 2026 at EUR 225.90. The further course of trading is shown by the continuously updated real-time quote of IBM stock.