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Here's Why IBM (IBM) Gained But Lagged the Market Today
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IBM (IBM - Free Report) closed at $240.27 in the latest trading session, marking a +1.03% move from the prior day. The stock lagged the S&P 500's daily gain of 1.18%. Elsewhere, the Dow gained 0.66%, while the tech-heavy Nasdaq added 1.96%.
Heading into today, shares of the technology and consulting company had lost 4.59% over the past month, lagging the Computer and Technology sector's gain of 5.37% and the S&P 500's gain of 3.93%.
The upcoming earnings release of IBM will be of great interest to investors. The company's earnings report is expected on April 22, 2026. The company is expected to report EPS of $1.81, up 13.13% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.56 billion, up 7.04% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.38 per share and a revenue of $71.12 billion, signifying shifts of +6.82% and +5.3%, respectively, from the last 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.31% lower. IBM is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that IBM has a Forward P/E ratio of 19.2 right now. Its industry sports an average Forward P/E of 20.49, so one might conclude that IBM is trading at a discount comparatively.
One should further note that IBM currently holds a PEG ratio of 2.38. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Computer - Integrated Systems industry held an average PEG ratio of 0.78.
The Computer - Integrated Systems industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 82, positioning it in the top 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Here's Why IBM (IBM) Gained But Lagged the Market Today
IBM (IBM - Free Report) closed at $240.27 in the latest trading session, marking a +1.03% move from the prior day. The stock lagged the S&P 500's daily gain of 1.18%. Elsewhere, the Dow gained 0.66%, while the tech-heavy Nasdaq added 1.96%.
Heading into today, shares of the technology and consulting company had lost 4.59% over the past month, lagging the Computer and Technology sector's gain of 5.37% and the S&P 500's gain of 3.93%.
The upcoming earnings release of IBM will be of great interest to investors. The company's earnings report is expected on April 22, 2026. The company is expected to report EPS of $1.81, up 13.13% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.56 billion, up 7.04% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.38 per share and a revenue of $71.12 billion, signifying shifts of +6.82% and +5.3%, respectively, from the last 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.31% lower. IBM is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that IBM has a Forward P/E ratio of 19.2 right now. Its industry sports an average Forward P/E of 20.49, so one might conclude that IBM is trading at a discount comparatively.
One should further note that IBM currently holds a PEG ratio of 2.38. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Computer - Integrated Systems industry held an average PEG ratio of 0.78.
The Computer - Integrated Systems industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 82, positioning it in the top 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.