IBM Stock Holds Steady Despite Revenue Miss
IBM's stock price remained relatively stable at $235.50 on August 30, 2026, despite missing revenue estimates for its latest quarter.
The company reported a revenue of $17.16 billion, which is 1.1% higher than the same period last year but fell short of the estimated $17.46 billion.
IBM's adjusted earnings per share (EPS) matched expectations at $2.93, while its operating pre-tax margin expanded by 140 basis points and adjusted EBITDA rose by 17%.
The company's free cash flow reached $2.2 billion, which is a key indicator of its financial health and attractiveness to investors.