International Business Machines (NYSE:IBM) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Posted by Francis Steltz on Nov 7th, 2026

International Business Machines Corporation (NYSE:IBM – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $248.88 and traded as low as $245.72. International Business Machines shares last traded at $247.3980, with a volume of 5,328,040 shares traded.

Trending Headlines about International Business Machines

Here are the key news stories impacting International Business Machines this week:

Positive Sentiment: Evercore’s sum-of-the-parts analysis values IBM at $290 a share, above its $275 price target, suggesting the firm sees potential value in IBM’s businesses, including quantum computing. IBM Stock Could Be More Than a ‘Safe Haven.’ Quantum Computing Is a Big Reason
Positive Sentiment: IBM’s Quantum System Two is now operational at the University of Chicago, expanding its quantum-computing presence and partnerships in Illinois. The installation strengthens IBM’s research and commercialization ecosystem, though financial returns are likely longer term. IBM Unveils Its Most Advanced Quantum Computer in Chicago
Positive Sentiment: IBM, AMD and Oak Ridge National Laboratory launched a platform combining quantum and high-performance computing to advance quantum error correction, supporting IBM’s technology roadmap. The initiative targets progress toward a scientifically relevant quantum computer by 2028. Oak Ridge National Laboratory, IBM, and AMD Launch New Co-Design Platform for Quantum Error Correction
Neutral Sentiment: A recent valuation commentary questions whether IBM’s cash-flow outlook supports the stock’s longer-term share-price gains. The excerpt does not provide a firm valuation conclusion, but it highlights investor scrutiny of the company’s price relative to future cash generation. IBM Stock Could Trade At A Discount After Quantum Computing News

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Barclays boosted their price objective on International Business Machines from $262.00 to $277.00 and gave the company an “overweight” rating in a research note on Thursday, October 22nd. BMO Capital Markets raised their target price on shares of International Business Machines from $230.00 to $265.00 and gave the stock a “market perform” rating in a research report on Thursday, October 22nd. Stifel Nicolaus lifted their target price on shares of International Business Machines from $235.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $300.00 price target on shares of International Business Machines in a research report on Thursday, October 22nd. Finally, UBS Group increased their price target on shares of International Business Machines from $236.00 to $243.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and an average target price of $266.88.

Read Our Latest Report on International Business Machines

International Business Machines Trading Down 1.0%

The company has a 50 day simple moving average of $236.76 and a 200 day simple moving average of $248.64. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $231.28 billion, a PE ratio of 20.86, a P/E/G ratio of 2.49 and a beta of 0.78.

International Business Machines (NYSE:IBM – Get Free Report) last announced its earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.10. The company had revenue of $17.10 billion for the quarter, compared to the consensus estimate of $16.82 billion. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. The company’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $2.65 EPS. Analysts predict that International Business Machines Corporation will post 12.41 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be paid a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, November 10th. International Business Machines’s payout ratio is 57.63%.

Insider Activity

In related news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.27% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On International Business Machines

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Assetmark Inc. increased its holdings in International Business Machines by 24.8% during the 1st quarter. Assetmark Inc. now owns 64,458 shares of the technology company’s stock valued at $15,624,000 after acquiring an additional 12,791 shares in the last quarter. Flputnam Investment Management Co. purchased a new stake in shares of International Business Machines in the second quarter valued at about $15,237,000. Beacon Investment Advisory Services Inc. lifted its holdings in shares of International Business Machines by 939.4% in the second quarter. Beacon Investment Advisory Services Inc. now owns 30,495 shares of the technology company’s stock valued at $8,575,000 after purchasing an additional 27,561 shares in the last quarter. St. Louis Financial Planners Asset Management LLC grew its position in shares of International Business Machines by 34.6% in the second quarter. St. Louis Financial Planners Asset Management LLC now owns 14,234 shares of the technology company’s stock valued at $4,121,000 after purchasing an additional 3,659 shares during the last quarter. Finally, Evercore Wealth Management LLC grew its position in shares of International Business Machines by 9.0% in the first quarter. Evercore Wealth Management LLC now owns 62,801 shares of the technology company’s stock valued at $15,222,000 after purchasing an additional 5,196 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Company Profile

(Get Free Report)

International Business Machines Corporation (IBM) is a global technology company that provides software, consulting, infrastructure and related services to businesses and public-sector organizations. Its offerings include hybrid cloud and artificial intelligence solutions, enterprise software, IT consulting, and systems such as IBM Z mainframes and Power servers.

IBM also develops technologies in areas including data management, automation, cybersecurity and quantum computing. Its consulting teams help clients design, build and manage technology systems and business processes.

The company traces its roots to the Computing-Tabulating-Recording Company, formed in 1911, and adopted the name International Business Machines in 1924.