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Why IBM (IBM) Outpaced the Stock Market Today

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In the latest trading session, IBM (IBM - Free Report) closed at $289.18, marking a +2.92% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.96%. Elsewhere, the Dow gained 0.89%, while the tech-heavy Nasdaq added 0.94%.

Shares of the technology and consulting company have appreciated by 8.64% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.53%, and the S&P 500's gain of 0.5%.

Analysts and investors alike will be keeping a close eye on the performance of IBM in its upcoming earnings disclosure. The company's earnings report is set to go public on July 23, 2025. On that day, IBM is projected to report earnings of $2.64 per share, which would represent year-over-year growth of 8.64%. Meanwhile, our latest consensus estimate is calling for revenue of $16.59 billion, up 5.2% from the prior-year quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.95 per share and revenue of $66.21 billion, indicating changes of +6% and +5.5%, respectively, compared to the previous year.

It's also important for investors to be aware of any recent modifications to analyst estimates for IBM. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, IBM holds a Zacks Rank of #3 (Hold).

Looking at valuation, IBM is presently trading at a Forward P/E ratio of 25.67. This indicates a premium in contrast to its industry's Forward P/E of 19.17.

Investors should also note that IBM has a PEG ratio of 5.9 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Computer - Integrated Systems industry had an average PEG ratio of 1.8.

The Computer - Integrated Systems industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 60, positioning it in the top 25% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.


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