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Added to YB: 2026-02-02

Pitch date: 2026-01-29

IBM [neutral]

International Business Machines Corporation

-16.21%

current return

Author Info

Compounding Your Wealth dives into detailed analyses of earnings reports, shares transparent reviews, and cultivates a long-term mindset essential for understanding company fundamentals, business models, and diverse investment styles. My goal is to nurture a multibagger portfolio by focusing on growth companies, adopting a long-term perspective, and employing a systematic, process-driven approach. Sign up for the newsletter.

Company Info

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Market Cap

$243.8B

Pitch Price

$305.86

Price Target

N/A

Dividend

2.58%

EV/EBITDA

16.26

P/E

23.41

EV/Sales

4.35

Sector

IT Services

Category

growth

Show full summary:
IBM Q4 2025 Snapshot

IBM (earnings): Q4 rev $19.7B +12.2% YoY, gross margin 61% (+110bps), op margin 23% (+130bps). Software 46% of rev, +14% growth w/ 80%+ margins. Infrastructure +20.6% on z17 cycle. EPS +90% on leverage. FCF margin fell 520bps but mgmt guides 5%+ rev growth, +100bps op margin expansion. 26x fwd P/E but strong mix shift to software-first platform.

Read full article (1 min)