Is IBM stock a buy right now?

Is IBM worth buying right now? That depends on your goals and timeline, and we don't make that call for anyone. What we can do is lay out the evidence investors usually weigh. IBM trades at a P/E of 20.9, 3.33× sales, revenue +6.8% year over year (latest quarter Sep 2026).

Below, we look at where the stock trades today, what Wall Street analysts think, how the valuation compares with similar companies and what the company's insiders have been doing with their own shares.

The chart below tracks IBM's daily closing price from May 14, 2026 to Nov. 9, 2026. Over that stretch it is up 13.5%, from $216.82 to $246.11, with a high of $326.89 on June 2, 2026 and a low of $204.31 on July 22, 2026. Each red circle marks a week in which company insiders sold shares on the open market (1 week in this period; bigger circles mean more money). There are no green diamonds: no insider bought on the open market in this window.

Where IBM trades today

$246.11 at the Nov. 9, 2026 close: 24.7% from the 52-week high of $326.89 and 20.5% above the 52-week low of $204.31. One month: +8.4%; three months: +3.2%.

IBM valuation in one line

IBM trades at a P/E of 20.9, 3.33× sales, revenue +6.8% year over year (latest quarter Sep 2026).

Also worth knowing about IBM

Live IBM data, updated every 30 minutes: IBM insider trades, ownership and filings →

In International Business Machines Corp's own words

“Disciplined execution throughout the quarter drove accelerated revenue growth and strong free cash flow. Our clients are now deploying Super Intelligence in ways that transform entire operating models, instead of simply addressing narrow or novel problems. IBM's technology and expertise are helping organizations drive growth and serve customers with greater speed, precision and efficiency than ever before”

— Arvind Krishna, IBM chairman, president and chief executive officer · SEC filing

From the company's earnings release filed with the SEC on 2026-10-21 (Form 8-K).

What would change the picture for IBM

These are the specific events and levels to watch. None of them is a prediction.

• The Jan. 26, 2027 earnings report (76 days away). International Business Machines Corp beat estimates in 3 of the last 4 quarters (average surprise +2.1%); a miss would break that pattern.
• Insider buying: none on the open market in 90 days. A purchase by an executive or director would be the first in at least three months, and it would show up on SEC Form 4 within two business days.
• Price levels: a close above $326.89 would be a new 52-week high, 32.8% above the latest close of $246.11; a close below $204.31 would be a new 52-week low, 17.0% below it.
• Growth: revenue rose 6.8% year over year in the quarter ending Sep 2026 (trend: slowing). At a P/E of 20.9, a slowdown would matter more than at a lower multiple.
• New shares: dilution risk is low now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

IBM history: what happened after similar moves

Since 2023, IBM rose 8.4% or more in a month 14 times (separate episodes, not counting the current one). Three months later it was higher in 9 of 13 cases; the median change was +5.7%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is IBM's 52-week high and low?

Over the past year IBM closed as high as $326.89 and as low as $204.31. At $246.11 (Nov. 9, 2026) it is down 24.7% from the high and 20.5% above the low.

When does International Business Machines Corp report earnings next?

The next report is expected on Jan. 26, 2027, 76 days from now. International Business Machines Corp beat the average estimate in 3 of its last 4 reports.

Is International Business Machines Corp issuing new shares?

Dilution risk reads low (0/100); the share count rose 1.1% in a year.

Does IBM pay a dividend?

Yes: $6.74 per share over the last 12 months, about 2.74% at today's price.

Who is the largest shareholder of IBM?

Among investment managers that file Form 13F, BlackRock Inc. reported the largest IBM position ($21.6 billion). 3624 institutions reported holding IBM for Q2 2026. More →

Is International Business Machines Corp profitable?

Yes. International Business Machines Corp had $69.9 billion of revenue over the last 12 months with a net margin of 16.0% and a P/E of 20.9. More →

Dates to watch for IBM

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Price-to-sales

Market value divided by the last 12 months of revenue. Useful for companies with little or no profit, but it ignores margins.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Form 13F

A quarterly SEC report listing the U.S. stock holdings of every investment manager with more than $100 million. It is due 45 days after each quarter ends, so it shows positions with a delay.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

Form 8-K

The SEC form for material events between quarterly reports: earnings releases, deals, executive changes, stock offerings and similar news.

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices through Nov. 9, 2026; changes use 5, 21 and 63 trading days; the 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
• Earnings dates and estimates: a market-data calendar; reported vs expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts from the company's SEC filings (XBRL data, latest quarter Sep 2026); P/E and price/sales use the latest close.
• Fund ownership: SEC Form 13F filings for Q2 2026.
• Dilution: share-count changes and offering-related SEC filings (shelf registrations, prospectus supplements, convertible notes) over two years, scored 0-100.
• History: 21-trading-day moves over about three years of daily closes, counted once per episode.