IBM
IBM · NYSE · Technology
$232.76
+$0.84 (+0.36%) today
Market Cap
$219.29B
24h Volume
$1.1B
P/E Ratio
20.6
52w High
$326.89
52w Low
$204.30
Est. AI Revenue
22%
7-Day Sparkline (Static)
Company facts
Performance
About IBM
IBM is an enterprise technology company. It makes money from software, consulting services, and infrastructure like mainframes, selling to large enterprises and governments that run critical systems on its stack.
Its AI business centers on watsonx: watsonx.ai for building and running models, watsonx.data for the data layer underneath, and watsonx.governance for keeping AI compliant and auditable. Its Granite family of foundation models targets enterprise use, and its consulting arm delivers AI adoption projects.
Founded in 1911 and headquartered in Armonk, New York, IBM trades on the NYSE and employs about 264,000 people.
IBM in the AI buildout
IBM spans the AI Software & Platforms, Cloud & Hyperscalers, Foundation Models, and Quantum Computing layers of the AI buildout. It sells watsonx software, its own Granite models, AI consulting, and commercial access to its quantum systems to enterprises that want AI inside their existing systems. A growing AI book of business anchors its growth story. Most revenue, though, still comes from legacy software, infrastructure, and services, so AI is the direction of travel rather than the current majority.
IBM is tracked in AI Software & Platforms, Cloud & Hyperscalers, Foundation Models and Quantum Computing, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
IBM trades at $232.76, 23% of the way up its 52-week range of $204.30 to $326.89.
Market cap
Market capitalization is $219.29B, with an AI Exposure Score of 45 out of 100.
Valuation vs peers
Its P/E ratio of 20.6 is below the AI Software & Platforms category median of 26.1.
Next earnings
IBM is next expected to report earnings on October 21, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does IBM do?
IBM sells enterprise software, consulting, and infrastructure like mainframes to large organizations. Its growth push centers on the watsonx AI platform, Granite foundation models, and consulting-led AI adoption.
How is IBM exposed to AI?
Through watsonx software, Granite models, and AI consulting engagements, which anchor its growth story. Legacy software and services still dominate revenue. Supercycle rates it an AI Exposure Score of 45 out of 100.
What are IBM's main AI products?
watsonx.ai for building and running models, watsonx.data for the underlying data layer, watsonx.governance for compliance and auditability, and the IBM Granite family of foundation models.
Is IBM a pure play AI stock?
No. IBM has a growing AI book of business through watsonx and consulting, but most revenue comes from legacy software, infrastructure, and services. Its AI Exposure Score is 45 out of 100.
Where is IBM based and who leads it?
IBM is headquartered in Armonk, New York, and is led by CEO Arvind Krishna. The company was founded in 1911 and employs about 264,000 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.