IBM is trading at $252.15 (-1.4%) following its Q1 2026 earnings report, where a revenue beat was offset by investor concerns over sluggish growth in the Consulting segment.
- Revenue reached $15.9 billion (+9% YoY), driven by double-digit growth in Software (+11%) and Infrastructure (+15%), while Consulting grew only 4%.
- Management reaffirmed full-year guidance, targeting >5% constant-currency revenue growth and a $1 billion increase in free cash flow.
- The stock is underperforming the broader tech sector, which rallied today on geopolitical optimism and strong earnings from peers including Intel and Tesla.