International Business Machines Corporation (IBM)

Over the past six months, IBM's stock has risen more than 25%, outperforming the S&P 500. A solid Q4 earnings report beat expectations, with total revenue increasing by 12% year-over-year. Software grew 11%, Infrastructure surged 17%, and Consulting returned to modest growth at 1%. In late October 2025, IBM shares surged after announcing new quantum computing capabilities utilizing chips from AMD. As of February 6, 2026, IBM's stock closed at $298.93, with a 52-week range between $214.50 and $324.90.

Demand seasonality for IBM's products and services is related to economic cycles and enterprise IT spending rather than consumer seasonal buying habits. Historically, implied volatility for IBM's stock tends to rise most in January and decline to its lowest levels in May. Budget cycles and year-end spending by businesses could influence demand.

International Business Machines Corporation (IBM) is an American multinational technology and consulting company headquartered in Armonk, New York, founded in 1911. IBM operates primarily in the information technology sector, focusing on supercomputing, AI, cloud computing, and cybersecurity. IBM provides hybrid cloud infrastructure, AI solutions, and consulting to global organizations. Its offerings include Cloud & Cognitive Software with AI, data analytics, and cloud services like Red Hat OpenShift and watsonx; Global Business Services for strategy, business process, and technology consulting; Systems for hardware and infrastructure like IBM Z; Global Financing; and other IT, mobile, digital workplace, and cybersecurity solutions.

IBM has a significant global presence, operating in over 170 countries. Its headquarters are in Armonk, New York, and it has a network of offices and service centers across North America, Europe, and Asia. IBM employs more people in India than in the United States and operates 12 research labs across six continents.

IBM's brand reputation has faced challenges. In the Axios Harris Poll 100 2023 Corporate Reputation Rankings, IBM's ranking dropped to 30th, receiving poor grades for "citizenship" and "vision." In the latest 2024 world rankings by JUST Capital, IBM's overall ranking fell to 60th place from 5th in 2019.

International Business Machines Corporation has a substantial institutional ownership base, with 4415 institutional owners holding a total of 653,548,703 shares. The largest institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Top individual insider shareholders of IBM are Arvind Krishna, James J. Kavanaugh, and Gary D. Cohn.