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Erste Group Bank Trims IBM FY2026 Earnings Forecast

Guavy AI Editorial Team
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IBM
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Erste Group Bank has reduced its forecast for IBM's FY2026 earnings per share to $12.28, down from its previous estimate of $12.36 and below the current consensus estimate of $12.33.

This move comes after a series of recent updates from various analysts on IBM's performance, with some expressing optimism about the company's software growth and potential for AI governance and FinOps software.

However, others have voiced concerns about declining mainframe sales and the aftermath of the earnings-related selloff, which could limit the rebound in IBM's stock price.

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