IBM, US4592001014

Truist sets USD 240 target for IBM stock after Hold rating

Published on 10/13/2026 at 12:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 17.16 billion, up 1.00 percent year over year. IBM stock costs EUR 203.80, plus 0.77 percent.

Truist began IBM coverage with a Hold rating and a USD 240.00 price target dated October 9, 2026.
IBM reported USD 17.16 billion in second-quarter 2026 revenue, up 1.00 percent year over year.
The Lang & Schwarz price was EUR 203.80 on October 13, 2026, up 0.77 percent versus the EUR 202.25 Xetra close of October 12, 2026.
IBM is scheduled to discuss third-quarter 2026 results on October 21, 2026, at 5:00 p.m. ET.

Isometric 3D illustration of a five-tier enterprise technology architecture stack with floating platforms, each tier depicting a different domain: cloud infrastructure, artificial intelligence, quantum computing, consulting workflow, and software foundati — IBM Enterprise Tech Stack isometrisch mit Cloud AI Quantum und Consulting Sektoren US4592001014, Illustration mit AI erstellt.

IBM (ISIN US4592001014) was trading at EUR 203.80 at Lang & Schwarz on October 13, 2026 at 12:19 p.m. CEST, up 0.77 percent versus the Xetra close of October 12, 2026 at EUR 202.25. The latest analyst action came from Truist, which initiated coverage with a Hold rating and a USD 240.00 price target on October 9, 2026, according to aktiencheck.de.

Truist puts execution under review

The Truist view separates IBM's long-term technology position from near-term delivery. The analyst cited structural strengths in enterprise computing but assigned a Hold rating because customers have delayed software decisions while prioritizing artificial intelligence infrastructure, according to aktiencheck.de.

That caution follows IBM's second-quarter 2026 performance. Revenue rose 1.00 percent year over year to USD 17.16 billion, while GAAP diluted earnings per share reached USD 2.27 and operating diluted earnings per share increased 5.00 percent to USD 2.93, according to Yahoo Finance.

Recurring software offsets a weak quarter

IBM's second-quarter software revenue grew 5.00 percent, while infrastructure revenue declined 7.00 percent. The earnings transcript also showed annual recurring revenue of USD 24.60 billion, up 8.00 percent year over year, giving investors a concrete measure of the recurring portion of IBM's software business, according to Yahoo Finance.

Management guided to 4.00 percent-5.00 percent revenue growth for 2026 and revised its full-year software growth expectation to 6.00 percent-8.00 percent. The contrast is important: recurring software growth was 8.00 percent, while reported company revenue grew only 1.00 percent in the second quarter.

What comes next for IBM results?

IBM announced on October 7, 2026, that it will discuss third-quarter 2026 financial results on October 21, 2026, at 5:00 p.m. ET, according to IBM. The scheduled report will test whether delayed software contracts convert into revenue after the second-quarter shortfall.

IBM's recent figures in sequence

On July 22, 2026, IBM reported second-quarter revenue of USD 17.16 billion. On October 7, 2026, it set the third-quarter results discussion for October 21, 2026 at 5:00 p.m. ET. On October 9, 2026, Truist initiated coverage with a Hold rating and a USD 240.00 target, according to aktiencheck.de.

IBM stock remains below its yearly high

IBM's primary listing is on the NYSE, where the finance quote showed a USD 213.9 billion market capitalization on October 13, 2026 and a 52-week range of USD 199.19 to USD 332.46. The Lang & Schwarz euro price is a separate German trading indication and is not combined with those US dollar figures.

IBM was trading at EUR 203.80 at Lang & Schwarz on October 13, 2026 at 12:19 p.m. CEST, up 0.77 percent versus the Xetra close of October 12, 2026 at EUR 202.25. The further course of trading is shown by the continuously updated real-time quote of IBM stock.