Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Stocks

IBM Stock Slumps on Soft Earnings and Revised Growth Guidance

Guavy AI Editorial Team
Instruments
IBM
Share

International Business Machines (IBM) stock closed at $231.04 on August 24, 2026, down 1.97% from the previous day's close.

The company reported its second-quarter 2026 revenue of $17.16 billion and adjusted earnings per share (EPS) of $2.93 on July 22, 2026.

Revenue rose 1.1% year over year, but came in below expectations.

The stock's price sits below its 52-week high of $332.46 and above the 52-week low of $199.19.

Analyst sentiment leans towards a moderate buy, with an average target price of $265.40, which is above the current quote but below the 52-week peak.

More on Stocks

Stocks just now

Nvidia Stock Due for Price Drop After Earnings Report

Stocks just now

Nvidia's $200bn Cash Hoard Raises Questions About Future Investments

Stocks 1m ago

Rocket Software Bolsters AI-Powered Application Modernisation

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy