Consensus EPS · Q1 2026
$1.81
Consensus revenue · Q1 2026
$15.7B
Analysts
13
Expected report
Jul 22, 2026
What to watch
- Analyst ratings: Mixed
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Analyst consensus
Based on estimates from 13 analysts.
| Metric | Low | Consensus | High |
|---|---|---|---|
| Revenue | $15.2B | $15.7B | $16B |
| EPS | $1.70 | $1.81 | $1.91 |
| EBITDA | $3.6B | $3.6B | $3.7B |
| EBIT | $2.2B | $2.2B | $2.2B |
| Net income | $2.5B | $2.9B | $3B |
Historical beat/miss
Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.
| Period | Rev. actual | Rev. est. | Rev. surprise | EPS actual | EPS est. | EPS surprise |
|---|---|---|---|---|---|---|
| Q4 2025 | $19.7B | $19.2B | +2.6% | $4.52 | $4.31 | +4.9% |
Estimate revisions
How analyst consensus estimates have changed over the past 90 days.
Revision trends appear once we have collected at least two daily snapshots for this period.
Community vs analysts
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Analyst price target
Based on price targets from 3 analysts.
| Low | Consensus | Median | High | Current | Upside |
|---|---|---|---|---|---|
| $225.00 | $311.33 | $325.00 | $360.00 | $284.84 | +9.3% |
Upside calculated vs most recent trading price of $284.84.
Analyst ratings
Consensus: Hold — based on 50 analyst ratings.
12-month trend
Recent analyst actions
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 3, 2026 | Citigroup | maintain | Buy | Buy |
| May 29, 2026 | Wedbush | maintain | Outperform | Outperform |
| May 6, 2026 | Wedbush | maintain | Outperform | Outperform |
| May 6, 2026 | RBC Capital | maintain | Outperform | Outperform |
| Apr 28, 2026 | HSBC | upgrade | Reduce | Hold |
| Apr 23, 2026 | Wedbush | maintain | Outperform | Outperform |
| Apr 23, 2026 | Morgan Stanley | maintain | Equal Weight | Equal Weight |
| Apr 23, 2026 | Evercore ISI Group | maintain | Outperform | Outperform |
| Apr 23, 2026 | BMO Capital | maintain | Market Perform | Market Perform |
| Apr 20, 2026 | Jefferies | maintain | Buy | Buy |
IBM (IBM) Key Financials
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