IBM Stock Trades at $234 as Quantum Advances Support Valuation

International Business Machines Corporation (IBM) stock is trading at around $234.00 on the New York Stock Exchange as of September 4, 2026.

The company's steady profitability and renewed interest in its quantum and artificial intelligence offerings are supporting its valuation.

In its most recent quarterly report for Q2 2026, IBM reported earnings per share of $2.93, matching the consensus estimate compiled by market data providers for that period.

IBM generated revenue of $17.16 billion in the same quarter, representing a 1.1% increase compared to the prior-year quarter's $16.97 billion.