IBM (NYSE:IBM) is gearing up to announce its quarterly earnings on Wednesday, 2026-01-28. Here’s a quick overview of what investors should know before the release.

Analysts are estimating that IBM will report an earnings per share (EPS) of $4.31.

Investors in IBM are eagerly awaiting the company’s announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It’s worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.21, leading to a 0.87% drop in the share price the following trading session.

Here’s a look at IBM’s past performance and the resulting price change:

Quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024
EPS Estimate 2.44 2.65 1.4 3.75
EPS Actual 2.65 2.80 1.6 3.92
Price Change % -1.00 -8.00 -7.0 13.00

eps graph

Tracking IBM’s Stock Performance

Shares of IBM were trading at $296.33 as of January 26. Over the last 52-week period, shares are up 29.61%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on IBM

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on IBM.

Analysts have given IBM a total of 7 ratings, with the consensus rating being Buy. The average one-year price target is $338.86, indicating a potential 15.87% upside.

Peer Ratings Comparison

This …

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