IBM International Business Machines Corporation
XNYS
253.70
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
IBM
$253.70
—
Key stats
$253.70
- 52-Week Range
- $199.19 – $332.46
- YTD
- -12.97%
- IV Rank (30D)
- 15.22
- Straddle Price
- $19.93
- P/C Vol Ratio
- 0.52
- Market Cap
- $239.6B
- Open
- $249.73
- Day Range
- $247.03 – $254.71
- Volume
- 5,890,168
- Prev Close
- $252.11
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.12% |
| Beta vs SPY | 0.82 |
| Cost of Equity (CAPM) | 9.20% (VRP-adj) |
| WACC | 8.44% |
| Volatility Risk Premium | +30.5pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +5.1% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.05 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $13.8B |
| Return on Equity (TTM) | 31.1% |
| Book / Price | 14.5% |
| Gross Margin (TTM) | 58.1% |
| FCF Margin (TTM) | 20.0% |
| Debt / Equity | 1.63 |
| Quality Score | 4/6 — high quality (12y DCF) |
| Market-Implied Growth | +5.4% (reverse-DCF on current price) |
| SMA 50 | $232.71 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $229.27 |
| Bollinger Width / SMA20 | 7.2% (drives anchor stability) |
| Net Debt | $49.0B |
| Market Cap | $238B |
Peers used for multiples: AAPL, AMD, AVGO, CSCO, GOOGL, META, MSFT, NVDA
60-Day Conviction
90%
20-Day Fair Value
≈ by Nov 23, 2026
$257.41
α +1.5%
rank 33%
conviction
79%
40-Day Fair Value
≈ by Dec 22, 2026
$260.49
α +2.7%
rank 32%
conviction
80%
60-Day Fair Value
≈ by Jan 20, 2027
$263.35
α +3.9%
rank 39%
conviction
90%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $246.91 | 16% | |
| DDM (Gordon) | $210.90 | 13% | |
| Peer P/E | $363.33 | 7% | median 30.7× · 8 peers |
| Peer EV/EBITDA | $443.35 | 7% | median 25.3× · 8 peers |
| Peer P/B | $409.44 | 1% | median 11.2× · 8 peers |
| Peer P/S | $872.68 | 5% | median 11.3× · 8 peers |
| Market Anchor (SMA50) | $232.71 | 33% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $252.21 | 16% | 40 strikes · skew -0.19 |
As of 2026-10-23 · updated
Related
About
- Industry (SIC)
- COMPUTER & OFFICE EQUIPMENT (3570) · industry map
- Exchange
- XNYS
- Market Cap
- $239.6B
- Employees
- 287,000
- List Date
- 1949-01-28
- CIK
- 0000051143
- Headquarters
- Armonk, NY
- Homepage
- https://www.ibm.com
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -3.90% | -1.82% | -4.82% | 13.72% | 16.26% | 5.21% | 4.11% |
| Feb | -1.34% | -9.61% | -4.29% | -1.00% | -3.18% | -23.68% | -7.18% |
| Mar | 10.37% | 7.14% | 2.26% | 1.47% | -0.61% | 1.26% | 3.65% |
| Apr | 6.49% | 1.58% | -4.28% | -12.45% | -3.40% | -5.00% | -2.84% |
| May | -0.70% | 4.36% | 1.98% | 1.47% | 8.09% | 28.25% | 7.24% |
| Jun | 1.66% | 1.26% | 3.07% | 4.64% | 11.70% | -12.24% | 1.68% |
| Jul | -4.00% | -7.32% | 7.86% | 9.73% | -13.07% | -22.30% | -4.85% |
| Aug | -0.76% | -2.72% | 2.44% | 6.57% | -2.62% | 3.34% | 1.04% |
| Sep | -0.27% | -8.37% | -5.16% | 9.84% | 16.84% | -4.96% | 1.32% |
| Oct | -12.71% | 13.81% | 2.73% | -5.76% | 7.30% | 12.38%* | 2.96% |
| Nov | -3.00% | 7.74% | 9.05% | 9.20% | 1.26% | -- | 4.85% |
| Dec | 14.32% | -5.54% | 1.87% | -3.32% | -3.09% | -- | 0.85% |
| Total | 3.46% | -2.34% | 12.09% | 35.71% | 35.89% | -25.44% | 9.89% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $230.67
SMA 50: $233.04
SMA 200: $250.46
Current: $253.56
EMA 12: $239.78
EMA 26: $235.01
MACD: 4.7651 | Signal: 3.4514
BULLISH
ADX (14): 20.10
WEAK TREND
+DI: 30.96
−DI: 10.84
Momentum Oscillators
RSI (14): 71.17
OVERBOUGHT
Stoch %K: 93.72
Stoch %D: 94.89
Williams %R: -7.12
Volume & Volatility
BB Upper: $252.27
BB Lower: $209.07
OVERBOUGHT
OBV: 163,144,042
Vol SMA 20: 5,986,883
Vol ROC: 74.37%
ATR: $7.52
True Range: $7.68
HV 20: 25.9%
HV 30: 29.9%
HV 60: 29.4%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-25T00:00:00 – 2026-10-23T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 7/10)
Key Drivers and Primary Risks:
- Technical indicators suggest a range-bound market, with the stock trading near its middle Bollinger Band.
- Recent news headlines are mixed, with positive sentiment from healthcare and AI-related stories, but negative sentiment from IBM's dividend yield discussion.
- Risk metrics indicate moderate volatility, with a beta of 0.86 relative to SPY.
Investment Thesis: The stock appears to be consolidating in a range, with a potential breakout above the upper Bollinger Band or breakdown below the lower band. The recent news headlines suggest that the healthcare and AI sectors may continue to drive growth, but the negative sentiment around IBM's dividend yield could impact short-term performance.
Recent News Sentiment Impact: The positive news headlines from the healthcare and AI sectors have contributed to a slightly bullish sentiment, while the negative sentiment around IBM's dividend yield has tempered enthusiasm. Overall, the news sentiment is NEUTRAL.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Consolidation in a range
- Medium-term (1-3 months): Range-bound market with potential for breakout or breakdown
- Long-term (3-12 months): Bullish trend, but currently consolidating
Support/Resistance Levels: The stock is trading near its middle Bollinger Band ($223.73), which serves as a key support level.
Momentum Signals:
- RSI interpretation: Neutral (49.85)
- MACD signal: Bearish
- Bollinger Bands position: Squeeze, with the stock trading within the bands
Volume Analysis: The volume is relatively low, indicating a lack of institutional interest in the short term.
News & Sentiment Analysis
Recent Headlines Summary: The news headlines are mixed, with positive sentiment from healthcare and AI-related stories, but negative sentiment from IBM's dividend yield discussion.
Sentiment Assessment: NEUTRAL (positive and negative sentiments cancel each other out)
Catalyst Identification: Earnings announcements in the healthcare and AI sectors could drive growth, while a potential dividend increase or decrease could impact short-term performance.
Market Narrative: The market is range-bound, with the stock trading near its middle Bollinger Band. The recent news headlines suggest that the healthcare and AI sectors may continue to drive growth, but the negative sentiment around IBM's dividend yield has tempered enthusiasm.
Risk & Volatility Assessment
Beta Interpretation: Moderate risk relative to SPY (beta of 0.86)
Volatility Regime: Moderate volatility, with a stock volatility of 0.48
Options Market Signals:
- IV Rank: Low
- Put/Call Volume Ratio: Bearish sentiment
Downside Protection: The support level at $223.73 could provide some downside protection if the stock breaks below its current range.
Market Context & Positioning
Sector Performance: The healthcare and AI sectors are performing well, which could drive growth in the short term.
Institutional Activity: Institutional interest is low, indicating a lack of conviction in the short term.
Correlation Analysis: The stock has a moderate correlation with the market (R-squared interpretation).
Relative Valuation: The stock appears to be reasonably valued within its trading range.
Key Levels & Action Items
Critical Price Levels: Support at $223.73 and resistance at $245.08
Breakout/Breakdown Levels: A breakout above $245.08 or breakdown below $202.39 could trigger significant moves.
Time-Sensitive Catalysts: Earnings announcements in the healthcare and AI sectors could drive growth, while a potential dividend increase or decrease could impact short-term performance.
Risk Management: Stop-loss levels at $220.00 (5% below current price) and position sizing considerations based on volatility and market conditions.
Note: This analysis is based on the provided data and should not be taken as personalized investment advice.
Generated
News
All IBM news →
The quarter topped Wall Street’s numbers. One remark about how big companies judge their tech budgets changed the mood, and some funds feel it more.
The software slowdown that kept me out of the stock just reversed. Is an unchanged revenue forecast reason to wait longer?
IBM’s third-quarter report was strong, but the details explain why investors aren’t rushing back.
Quantum stocks IBM, IonQ and D-Wave could get a boost from defense industry partnerships with Northrop, Lockheed and others. The post Quantum Stocks: Defense Giants Northrop, Lockheed Take Aim At Frontier Technologies appeared first on Investor's Business Daily .
Showing 1–10 of 50
Page 1 of 5
Earnings History
14 of 24 under expected move
Avg Expected Move
5.87%
Avg Actual Move
5.19%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-01-21 | After-Close | 6.12% | 9.91% | 1.62x | Exceeded |
| 2021-04-19 | After-Close | 6.39% | 3.79% | 0.59x | Within |
| 2021-07-19 | After-Close | 5.88% | 1.49% | 0.25x | Within |
| 2021-10-20 | After-Close | 5.35% | 9.56% | 1.79x | Exceeded |
| 2021-12-27 | After-Close | 1.50% | 0.77% | 0.51x | Within |
| 2022-04-19 | After-Close | 4.75% | 7.10% | 1.49x | Exceeded |
| 2022-07-18 | After-Close | 5.50% | 5.25% | 0.95x | Within |
| 2022-10-19 | After-Close | 5.71% | 4.73% | 0.83x | Within |
| 2023-01-25 | After-Close | 4.10% | 4.48% | 1.09x | Exceeded |
| 2023-04-19 | After-Close | 4.10% | 0.03% | 0.01x | Within |
| 2023-07-19 | After-Close | 4.08% | 2.14% | 0.52x | Within |
| 2023-10-25 | After-Close | 4.27% | 4.87% | 1.14x | Exceeded |
| 2024-01-24 | After-Close | 4.50% | 9.49% | 2.11x | Exceeded |
| 2024-04-24 | After-Close | 6.10% | 8.25% | 1.35x | Exceeded |
| 2024-07-24 | After-Close | 6.68% | 4.33% | 0.65x | Within |
| 2024-10-23 | After-Close | 6.31% | 6.17% | 0.98x | Within |
| 2025-01-29 | After-Close | 9.29% | 12.96% | 1.40x | Exceeded |
| 2025-04-23 | After-Close | 9.13% | 6.58% | 0.72x | Within |
| 2025-07-23 | After-Close | 6.37% | 7.62% | 1.20x | Exceeded |
| 2025-10-22 | After-Close | 6.67% | 0.87% | 0.13x | Within |
| 2026-01-28 | After-Close | 6.80% | 5.13% | 0.75x | Within |
| 2026-04-22 | After-Close | 6.85% | 8.25% | 1.20x | Exceeded |
| 2026-07-22 | After-Close | 6.88% | 0.43% | 0.06x | Within |
| 2026-10-21 | After-Close | 7.51% | 0.26% | 0.03x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
IBM Options Activity & IV Rank
IBM IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 34.7%
7-DTE IV: 36.3%
Expected Move: $19.93
7-DTE Move: $10.35
Days to Exp: 28 (2026-11-20)
Options Flow
Call Volume: 4,885
Put Volume: 2,558
P/C Volume: 0.524
BULLISH
Call OI: 47,852
Put OI: 27,452
P/C OI: 0.574
Total OI: 75,304
ATM Options Pricing
ATM Call: $10.28
ATM Put: $9.65
Call %: 4.1%
Put %: 3.8%
Chain Summary
Chain Volume: 86,657
Chain OI: 597,928
Last Updated: 10/23/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 63rd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
63%
vs own history
GEX tilt
+0.37
OI-weighted, today
Vanna tilt
+0.39
δ-sensitivity to IV
Charm tilt
-0.38
δ-decay vs time
Vanna tilt +0.39: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.38: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 284 ATM contracts, 173k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
49%
+2.8
pts
EXTREME
as of Oct 23 · ATM 35.7% / Wing 38.5%
30 DTE / 10d
28%
+1.6
pts
EXTREME
as of Oct 23 · ATM 35.6% / Wing 37.2%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)19.3LowOct 23
IV Rank (30 DTE)15.2LowOct 23
Straddle Price (30 DTE)$19.93Oct 23
Beta Analysis
Risk Metrics
Beta: 0.8909
Alpha: -10.89%
Correlation: 0.2318
R-Squared: 5.4%
Stock Volatility: 49.0%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own IBM
4 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $212.9M | #180 of 6285 | +106.2% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $176.9M | #76 of 4729 | +1.7% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $130.5M | #259 of 3716 | +255.1% | 13F | |
| ICONIQ Capital Family office | $471K | #63 of 76 | new | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
IBM Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 953,780,474 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
93 filers$6.86B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.86B | 27.06% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $901.17M | 13.14% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $745.09M | 10.86% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $538.29M | 7.85% | 2026-06-30 |
| 5 | Optiver Holding B.V. | $446.42M | 6.51% | 2026-06-30 |
| 6 | HSBC Holdings plc Custodian | $175.39M | 2.56% | 2026-06-30 |
| 7 | Wolverine Trading, LLC Custodian | $173.67M | 2.53% | 2025-09-30 |
| 8 | Millennium Management LLC Custodian | $172.33M | 2.51% | 2026-06-30 |
| 9 | ADAPT Investment Managers SA | $161.70M | 2.36% | 2026-06-30 |
| 10 | Barclays PLC Custodian | $144.77M | 2.11% | 2026-06-30 |
| 11 | Simplex Trading, LLC Custodian | $128.46M | 1.87% | 2026-06-30 |
| 12 | BNP Paribas Financial Markets Custodian | $117.55M | 1.71% | 2026-06-30 |
| 13 | GROUP ONE TRADING LLC Custodian | $113.86M | 1.66% | 2026-06-30 |
| 14 | Goldman Sachs Group Inc Custodian | $113.75M | 1.66% | 2026-06-30 |
| 15 | Citigroup Inc. Custodian | $93.45M | 1.36% | 2026-06-30 |
| 16 | Walleye Trading LLC | $92.41M | 1.35% | 2026-06-30 |
| 17 | National Bank of Canada Custodian | $84.36M | 1.23% | 2026-06-30 |
| 18 | PEAK6 LLC | $61.33M | 0.89% | 2026-06-30 |
| 19 | JPMorgan Chase & Co Custodian | $57.32M | 0.84% | 2026-06-30 |
| 20 | Cubist Systematic Strategies, LLC | $51.35M | 0.75% | 2025-09-30 |
| 21 | Allianz Asset Management GmbH | $48.87M | 0.71% | 2026-06-30 |
| 22 | Royal Bank of Canada Custodian | $47.81M | 0.70% | 2026-06-30 |
| 23 | Point72 Asset Management, L.P. | $45.19M | 0.66% | 2026-06-30 |
| 24 | Militia Capital Management LLC | $41.51M | 0.61% | 2026-06-30 |
| 25 | Qube Research & Technologies Ltd | $37.96M | 0.55% | 2026-06-30 |
81 filers$6.28B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.39B | 22.13% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $824.51M | 13.13% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $816.63M | 13.00% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $399.96M | 6.37% | 2026-06-30 |
| 5 | National Bank of Canada Custodian | $314.31M | 5.00% | 2026-06-30 |
| 6 | Goldman Sachs Group Inc Custodian | $296.82M | 4.73% | 2026-06-30 |
| 7 | Millennium Management LLC Custodian | $285.32M | 4.54% | 2026-06-30 |
| 8 | Optiver Holding B.V. | $212.74M | 3.39% | 2026-06-30 |
| 9 | Citigroup Inc. Custodian | $181.32M | 2.89% | 2026-06-30 |
| 10 | ADAPT Investment Managers SA | $172.24M | 2.74% | 2026-06-30 |
| 11 | Wolverine Trading, LLC Custodian | $113.46M | 1.81% | 2025-09-30 |
| 12 | Parallax Volatility Advisers, L.P. | $105.26M | 1.68% | 2026-06-30 |
| 13 | BNP Paribas Financial Markets Custodian | $94.80M | 1.51% | 2026-06-30 |
| 14 | Simplex Trading, LLC Custodian | $76.74M | 1.22% | 2026-06-30 |
| 15 | Walleye Trading LLC | $69.23M | 1.10% | 2026-06-30 |
| 16 | Barclays PLC Custodian | $63.47M | 1.01% | 2026-06-30 |
| 17 | Allianz Asset Management GmbH | $59.08M | 0.94% | 2026-06-30 |
| 18 | JPMorgan Chase & Co Custodian | $55.79M | 0.89% | 2026-06-30 |
| 19 | UBS Group AG Custodian | $49.80M | 0.79% | 2026-06-30 |
| 20 | Balyasny Asset Management L.P. | $47.19M | 0.75% | 2026-06-30 |
| 21 | D. E. Shaw & Co., Inc. Custodian | $43.93M | 0.70% | 2026-06-30 |
| 22 | Qube Research & Technologies Ltd | $42.24M | 0.67% | 2026-06-30 |
| 23 | TUDOR INVESTMENT CORP ET AL | $37.71M | 0.60% | 2026-06-30 |
| 24 | GROUP ONE TRADING LLC Custodian | $35.94M | 0.57% | 2026-06-30 |
| 25 | PEAK6 LLC | $35.77M | 0.57% | 2026-06-30 |
IBM Insider Trading (Form 4)
Latest: 2026-10-01Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Martha E Pollack | Director | Grant (A) | +268 RSU | — | EDGAR | |
| 2026-10-01 | Frederick William McNabb III | Director | Grant (A) | +415 RSU | — | EDGAR | |
| 2026-10-01 | Alfred W Zollar | Director | Grant (A) | +415 RSU | — | EDGAR | |
| 2026-10-01 | David N Farr | Director | Grant (A) | +268 RSU | — | EDGAR | |
| 2026-10-01 | Andrew N Liveris | Director | Grant (A) | +444 RSU | — | EDGAR | |
| 2026-10-01 | Thomas Buberl | Director | Grant (A) | +444 RSU | — | EDGAR | |
| 2026-10-01 | Michelle J Howard | Director | Grant (A) | +291 RSU | — | EDGAR | |
| 2026-10-01 | Ramon Laguarta | Director | Grant (A) | +415 RSU | — | EDGAR | |
| 2026-10-01 | Alex Gorsky | Director | Grant (A) | +489 RSU | — | EDGAR | |
| 2026-10-01 | Peter R. Voser | Director | Grant (A) | +455 RSU | — | EDGAR | |
| 2026-10-01 | Michael Miebach | Director | Grant (A) | +415 RSU | — | EDGAR | |
| 2026-10-01 | Marianne Catherine Brown | Director | Grant (A) | +415 RSU | — | EDGAR | |
| 2026-08-28 | Arvind Krishna | Chairman, President & CEO | I | +8,375 RSU | — | EDGAR | |
| 2026-08-28 | Robert David Thomas | Senior Vice President | Sell (S) | −25,000 | $230.32 | -$5.76M | EDGAR |
| 2026-07-02 | Alfred W Zollar | Director | Grant (A) | +325 RSU | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
IBM Insider Holdings
15 insiders · @ $253.56
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Arvind Krishna | Chairman, President & CEO | 474,708 | $120.37M | $0 | 62 | 2026-08-28 |
| 2 | James J Kavanaugh | Sr. VP and CFO | 173,956 | $44.11M | -$20.75M | 416 | 2026-02-27 |
| 3 | Gary D Cohn | Vice Chairman | 111,031 | $28.15M | $0 | 21 | 2026-02-27 |
| 4 | Robert David Thomas | Senior Vice President | 65,800 | $16.68M | -$12.47M | 21 | 2026-08-28 |
| 5 | Nickle Jaclyn Lamoreaux | Senior Vice President | 56,860 | $14.42M | -$774.7K | 29 | 2026-02-27 |
| 6 | Nicolas A. Fehring | VP, Controller | 16,577 | $4.20M | $0 | 20 | 2026-06-04 |
| 7 | Anne Robinson | Senior Vice President | 13,016 | $3.30M | $0 | 8 | 2026-07-02 |
| 8 | David N Farr | Director | 9,708 | $2.46M | $1.64M | 68 | 2026-10-01 |
| 9 | Frederick William McNabb III | Director | 9,676 | $2.45M | $999.1K | 29 | 2026-10-01 |
| 10 | Alex Gorsky | Director | 4,427 | $1.12M | $498.8K | 50 | 2026-10-01 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
IBM Board & Officers
As of SEC filings through Oct 8, 2026Directors 15
- Andrew N Liveris · since Feb 23, 2010
- David N Farr · since Jan 1, 2012
- Alex Gorsky · since Sep 1, 2014
- Peter R. Voser · since Jan 1, 2015
- Frederick H Waddell · since Oct 30, 2017
- Martha E Pollack · since Feb 1, 2019
- Michelle J Howard · since Mar 1, 2019
- Frederick William McNabb III · since Oct 29, 2019
- Arvind Krishna · listed since Apr 2020
- Thomas Buberl · since Apr 28, 2020
- Alfred W Zollar · since Oct 25, 2021
- Michael Miebach · since Oct 30, 2023
- Marianne Catherine Brown · since Dec 12, 2023
- Ramon Laguarta · since Mar 1, 2026
- Frank Baker · since Oct 1, 2026
Officers 7
- Arvind Krishna · Chairman, President & CEO · listed since Feb 2025
- Nickle Jaclyn Lamoreaux · Senior Vice President · since Dec 15, 2020
- Robert David Thomas · Senior Vice President · since Dec 12, 2023
- Anne Robinson · Senior Vice President · since Jul 1, 2024
- James J Kavanaugh · Sr. VP and CFO · listed since Feb 2018
- Gary D Cohn · Vice Chairman · since Jan 1, 2021
- Nicolas A. Fehring · VP, Controller · since Jan 30, 2023
Changes in the last 10 years (29)
| Oct 1, 2026 | Frank Baker became a director |
| Mar 1, 2026 | Ramon Laguarta became a director |
| Feb 25, 2025 | Arvind Krishna listed as Chairman, President & CEO (previously Chairman and CEO) in SEC filings |
| Jul 1, 2024 | Anne Robinson became Senior Vice President |
| Jan 29, 2024 | The company announced the departure of Thomas W Rosamilia as Senior Vice President in an SEC filing |
| Dec 12, 2023 | Robert David Thomas became Senior Vice President |
| Dec 12, 2023 | Marianne Catherine Brown became a director |
| Oct 30, 2023 | Michael Miebach became a director |
| Jan 30, 2023 | Nicolas A. Fehring became VP, Controller |
| Jan 31, 2022 | The company announced the departure of James M Whitehurst as President in an SEC filing |
| Oct 25, 2021 | Alfred W Zollar became a director |
| Feb 3, 2021 | Arvind Krishna listed as Chairman and CEO (previously CEO) in SEC filings |
| Jan 1, 2021 | Gary D Cohn became Vice Chairman |
| Dec 15, 2020 | Nickle Jaclyn Lamoreaux became Senior Vice President |
| Dec 15, 2020 | James M Whitehurst became President |
| May 8, 2020 | Virginia M Rometty listed as Executive Chairman (previously Chairman, Pres. and CEO) in SEC filings |
| Apr 28, 2020 | Thomas Buberl became a director |
| Apr 10, 2020 | Arvind Krishna listed as CEO (previously Senior Vice President) in SEC filings |
| Apr 10, 2020 | Arvind Krishna first listed as a director in an SEC filing |
| Oct 29, 2019 | Frederick William McNabb III became a director |
| Mar 1, 2019 | Michelle J Howard became a director |
| Feb 5, 2019 | John E Kelly III listed as Executive Vice President (previously Senior Vice President) in SEC filings |
| Feb 1, 2019 | Martha E Pollack became a director |
| Feb 2, 2018 | Martin J Schroeter listed as Senior Vice President (previously Sr. VP and CFO) in SEC filings |
| Feb 2, 2018 | James J Kavanaugh listed as Sr. VP and CFO (previously Senior Vice President) in SEC filings |
| Oct 30, 2017 | Joseph Swedish became a director |
| Oct 30, 2017 | Frederick H Waddell became a director |
| Jan 27, 2017 | Robert J Picciano reported in an SEC filing no longer being Senior Vice President |
| Jan 21, 2017 | Robert F Del Bene became VP, Controller |
Not reported recently (24)
- Michelle H Browdy · Last reported as Senior Vice President in an SEC filing dated Jun 11, 2024
- Joseph Swedish · Last reported as a director in an SEC filing dated Apr 1, 2024
- Robert F Del Bene · Last reported as VP, Controller in an SEC filing dated Nov 22, 2022
- Michael L Eskew · Last reported as a director in an SEC filing dated Apr 1, 2022
- Sidney Taurel · Last reported as a director in an SEC filing dated Apr 1, 2021
- John E Kelly III · Last reported as Executive Vice President in an SEC filing dated Dec 14, 2020
- Virginia M Rometty · Last reported as a director in an SEC filing dated Dec 14, 2020
- Diane J Gherson · Last reported as Senior Vice President in an SEC filing dated Nov 10, 2020
- Kenneth M Keverian · Last reported as Senior Vice President in an SEC filing dated Jul 1, 2020
- Martin J Schroeter · Last reported as Senior Vice President in an SEC filing dated Jun 9, 2020
- Shirley A Jackson · Last reported as a director in an SEC filing dated Apr 1, 2020
- James W Owens · Last reported as a director in an SEC filing dated Apr 2, 2019
- Hutham S Olayan · Last reported as a director in an SEC filing dated Apr 2, 2019
- Erich Clementi · Last reported as Senior Vice President in an SEC filing dated Mar 4, 2019
- Kenneth I Chenault · Last reported as a director in an SEC filing dated Jan 2, 2019
- W James McNerney Jr · Last reported as a director in an SEC filing dated Mar 30, 2018
- Mark Fields · Last reported as a director in an SEC filing dated Mar 30, 2018
- Joan E Spero · Last reported as a director in an SEC filing dated Apr 3, 2017
- Michael D. Rhodin · Last reported as Senior Vice President in an SEC filing dated Jan 3, 2017
- Allen Bruno V Di Leo · Last reported as Senior Vice President in an SEC filing dated Jan 3, 2017
- Bridget A van Kralingen · Last reported as Senior Vice President in an SEC filing dated Jan 3, 2017
- Jon C Iwata · Last reported as Senior Vice President in an SEC filing dated Nov 16, 2016
- Robert J. LeBlanc · Last reported as Senior Vice President in an SEC filing dated Nov 9, 2016
- Stanley J Sutula III · Last reported as VP, Controller in an SEC filing dated Nov 9, 2016
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
IBM Proposed Insider Sales (Form 144)
Latest: 2026-08-26
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $5.8M notice value
· 1 unique filer
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Robert Thomas (1, $5.8M)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-26 | Robert Thomas | Officer | 25,000 | $5.76M | 2026-08-26 | UBS Financial Services Inc | — | EDGAR |
| 2025-03-03 | ROBERT D THOMAS | Officer | 26,543 | $6.72M | 2025-03-03 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-28
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-28 | 0000051143-26-000047 | EDGAR |
| 2026-05-01 | 0000051143-26-000043 | EDGAR |
| 2026-04-22 | 0000051143-26-000036 | EDGAR |
| 2026-03-03 | 0000051143-26-000015 | EDGAR |
| 2026-02-02 | 0001104659-26-009343 | EDGAR |
| 2026-01-30 | 0000051143-26-000006 | EDGAR |
| 2026-01-28 | 0000051143-26-000004 | EDGAR |
| 2025-10-23 | 0000051143-25-000063 | EDGAR |
| 2025-10-22 | 0000051143-25-000061 | EDGAR |
| 2025-07-24 | 0000051143-25-000051 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-23 | 0000051143-26-000038 | EDGAR |
| 2025-10-23 | 0000051143-25-000064 | EDGAR |
| 2025-07-24 | 0000051143-25-000052 | EDGAR |
| 2025-04-24 | 0000051143-25-000032 | EDGAR |
| 2024-10-30 | 0000051143-24-000049 | EDGAR |
| 2024-07-30 | 0000051143-24-000039 | EDGAR |
| 2024-04-30 | 0000051143-24-000025 | EDGAR |
| 2023-10-31 | 0000051143-23-000032 | EDGAR |
| 2023-07-25 | 0000051143-23-000021 | EDGAR |
| 2023-04-25 | 0001558370-23-006656 | EDGAR |
ETF Holders
433 ETFs hold IBM
25 shown · $31.75B total exposure · 0.54% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.28% | $6.6B | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.31% | $5.4B | — | 2026-09-30 |
| 3 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.36% | $3.2B | $873.6B | 2026-10-22 |
| 4 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.36% | $2.9B | $810.5B | 2026-10-22 |
| 5 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.79% | $2.0B | — | 2026-09-30 |
| 6 | XLK State Street® Technology Select Sector SPDR® ETF | SPDR (State Street) | 1.44% | $1.7B | $120.1B | 2026-10-22 |
| 7 | VGT Vanguard Information Technology ETF | Vanguard | 0.77% | $1.4B | — | 2026-09-30 |
| 8 | DIA State Street® SPDR® Dow Jones Industrial Average® ETF Trust | SPDR (State Street) | 2.83% | $1.3B | $45.7B | 2026-10-22 |
| 9 | VIG Vanguard Dividend Appreciation ETF | Vanguard | 0.92% | $1.2B | — | 2026-09-30 |
| 10 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.88% | $841.7M | — | 2026-09-30 |
| 11 | DGRO iShares Core Dividend Growth ETF | iShares (BlackRock) | 1.50% | $670.8M | $44.5B | 2026-10-22 |
| 12 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.36% | $656.0M | $182.5B | 2026-10-22 |
| 13 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.63% | $532.0M | $84.5B | 2026-10-22 |
| 14 | TDIV First Trust NASDAQ Technology Dividend Index Fund | First Trust | 8.80% | $380.6M | $4.3B | 2026-10-23 |
| 15 | CIBR First Trust Nasdaq Cybersecurity ETF | First Trust | 2.04% | $374.8M | $18.4B | 2026-10-23 |
| 16 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.32% | $308.5M | $95.8B | 2026-10-22 |
| 17 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.34% | $296.5M | — | 2026-10-22 |
| 18 | SCHX Schwab U.S. Large-Cap ETF | Nport | 0.41% | $295.8M | — | 2026-05-31 |
| 19 | IYW iShares U.S. Technology ETF | iShares (BlackRock) | 1.21% | $292.3M | $24.3B | 2026-10-22 |
| 20 | SDY State Street® SPDR® S&P® Dividend ETF | SPDR (State Street) | 1.23% | $273.5M | $22.2B | 2026-10-22 |
| 21 | DGRW WisdomTree U.S. Quality Dividend Growth Fund | Nport | 1.59% | $263.8M | — | 2026-06-30 |
| 22 | IVW iShares S&P 500 Growth ETF | iShares (BlackRock) | 0.35% | $263.0M | $75.4B | 2026-10-22 |
| 23 | VV Vanguard Morningstar Large-Cap ETF | Vanguard | 0.32% | $244.1M | — | 2026-09-30 |
| 24 | DVY iShares Select Dividend ETF | iShares (BlackRock) | 0.88% | $208.6M | $23.5B | 2026-10-22 |
| 25 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.21% | $207.5M | — | 2026-10-24 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
21.78
TTM Diluted EPS
$11.64
TTM Revenue
$69.87B
TTM Net Income
$11.17B
TTM Op. Cash Flow
$15.83B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $17.10B | $2.19B | $2.30 | $4.03B |
| Q2 '26 | 2026-06-30 | $17.16B | $2.17B | $2.27 | $2.60B |
| Q1 '26 | 2026-03-31 | $15.92B | $1.22B | $1.30 | $5.17B |
| Q4 '25 | 2025-12-31 | $19.68B | $5.60B | $5.81 | $4.04B |
| Q3 '25 | 2025-09-30 | $16.33B | $1.74B | $1.84 | $3.08B |
| Q2 '25 | 2025-06-30 | $16.98B | $2.19B | $2.31 | $1.70B |
| Q1 '25 | 2025-03-31 | $14.54B | $1.05B | $1.14 | $4.37B |
| Q4 '24 | 2024-12-31 | $17.55B | $2.91B | $3.05 | $4.33B |
| Q3 '24 | 2024-09-30 | $14.97B | $-330.00M | $-0.36 | $2.88B |
| Q2 '24 | 2024-06-30 | $15.77B | $1.83B | $1.96 | $2.06B |
| Q1 '24 | 2024-03-31 | $14.46B | $1.60B | $1.72 | $4.17B |
| Q4 '23 | 2023-12-31 | $17.38B | $3.29B | $3.56 | $4.46B |
Q3 2026 • period ending 2026-09-30 • filed 2026-10-22
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
22.54
P/B
6.93
P/S
3.46
EV/EBITDA
16.41
EV/Sales
4.17
ROE
31.1%
ROA
7.1%
Div Yield
2.66%
FCF Yield
6.22%
Debt/Equity
1.63
Current Ratio
—
Market Cap
$239.26B
as of 2026-10-23
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
24.16M
SI % of Float
2.75%
Days to Cover
4.09
Short Vol Ratio
44.5%
Free Float
879.86M
Float %
93.4%
Short interest 2026-09-30 • Short volume 2026-10-23 • Float 2026-09-23