IBM stock holds near $235 after a revenue miss
Published on 08/30/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
IBM stock (US4592001014) traded at $235.50 on August 30, 2026, with a market value of $221.97 billion and intraday volume of 3.94 million shares. The latest quarterly figures showed $17.16 billion in revenue and $2.93 in adjusted EPS, a mix that keeps the post-earnings debate centered on growth and margin discipline.
Revenue slipped below estimates
The quarterly report, summarized by the MarketBeat summary, said revenue missed the $17.46 billion estimate even as IBM delivered 1.1% year-over-year growth. That comparison matters because the same release showed earnings per share matching the $2.93 consensus, so the market is left with a split picture rather than a broad beat.
Margin and cash flow still matter
A separate earnings summary for the first quarter of 2026 said revenue grew 6%, operating pre-tax margin expanded 140 basis points, adjusted EBITDA rose 17%, and free cash flow reached $2.2 billion. Those figures frame IBM as a business with solid cash generation, but they also set a high bar for the next quarterly update because the revenue line is now being judged against both growth and profitability.
Market cap of $221.95 billion and a 52-week range of $199.19 to $332.46 keep the shares in a wide band even after the latest earnings reaction. At $235.50, IBM trades far below the 52-week high but well above the low, which leaves valuation and execution tightly linked.
Software remains the core
IBM's software portfolio still anchors the investment case, and the business has leaned on recurring revenue and hybrid-cloud demand to support its results. That is the part investors will keep weighing against the quarter's $17.16 billion top line and the 1.1% year-over-year pace.
IBM stock and the next read
The stock is still priced as a large-cap value-and-quality story, not a fast growth name, with a P/E ratio of 20.91 and dividend yield of 2.86% shown on August 30, 2026. A future earnings date is listed as October 21, 2026.
Fact box
Company: International Business Machines Corporation
ISIN: US4592001014
Ticker: IBM
Exchange: NYSE
Price (as of August 30, 2026): $235.50 USD
Market cap: $221.97 billion (as of August 30, 2026)
Sector / Industry: Information Technology / Information Technology Services
Index membership: Dow Jones Industrial Average
Next earnings date: October 21, 2026
More on IBM stock
IBM's product lineup spans software, infrastructure, consulting, and hybrid cloud, with software remaining the most important earnings engine in the latest report cycle.
Investor snapshot
IBM stock closed the latest session at $235.50, with a market cap of $221.97 billion and a P/E ratio of 20.91 as of August 30, 2026.
