IBM, US4592001014

IBM schedules third-quarter results: IBM stock sits 26.86 percent below its high

Published on 10/21/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IBM schedules third-quarter results for October 21, 2026. IBM stock costs EUR 214.03 on October 21, 2026, 0.65 percent above Xetra close.

IBM earnings date and valuation

IBM scheduled its third-quarter results for October 21, 2026.
Morgan Stanley lifted its target to USD 238.00 from USD 190.00 on October 15, 2026.
IBM stock trades at EUR 214.03 at 10:43 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.65 percent above the Xetra close of October 20, 2026.

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IBM (ISIN US4592001014) trades at EUR 214.03 at Lang & Schwarz on October 21, 2026, at 10:43 a.m. CEST, 0.65 percent above the Xetra close of October 20, 2026. The company is scheduled to publish third-quarter results after the market close, according to its IBM investor-relations page.

What must IBM show on October 21?

The earnings bar is defined by consensus revenue of USD 16.82 billion and adjusted earnings per share of USD 2.85 for the third quarter of 2026. Both figures imply growth from the year-ago quarter, with revenue expected to rise 3.00 percent and earnings per share 7.50 percent, according to TipRanks.

Analysts set a mixed bar

TipRanks reported that Morgan Stanley analyst Erik Woodring raised his IBM target from USD 190.00 to USD 238.00 on October 15, 2026, while retaining a Hold rating. The target is 11.21 percent above IBM's primary-exchange price of USD 214.00 cited in the report, keeping the upside case measured.

Evercore ISI reiterated an Outperform rating and a USD 250.00 target on October 19, 2026. As Investing.com reported, the firm expects revenue of USD 16.80 billion and earnings per share of USD 2.86, with deferred software deals and Red Hat momentum central to the result.

Two dates shape the setup

IBM's third-quarter results are scheduled for October 21, 2026, after the close. The next dated strategic event is Quantum Day on December 10, 2026, according to TipRanks.

Stock remains below its yearly high

IBM stock is 26.86 percent below its 52-week high of EUR 292.65, while the current EUR 214.03 quote remains inside the EUR 175.28 to EUR 292.65 range. The valuation question now turns on whether delayed software demand converts into reported revenue.

IBM stock was trading at EUR 214.03 at Lang & Schwarz on October 21, 2026, at 10:43 a.m. CEST, 0.65 percent above the Xetra close of October 20, 2026 at EUR 212.65. The further course of trading is shown by the continuously updated real-time quote of IBM stock.