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IBM as of Oct 31 · 20:29 ET
IBMNYSEComputer & office Equipment

International Business Machines Corp · Brief

Next report

87 days

Jan 27 · after closeest.Q4 FY26
Earnings

Expected move

Inputs

Implied vs realized

8 reportsHistory
4 of 8≥ implied
avg implied
±5.5%
avg realized
±6.8%
Apr 23 '25±5.9%▼−6.58%×1.11
Jul 23 '25±5.4%▼−7.62%×1.42
Oct 22 '25±5.8%▼−0.87%×0.15
Jan 28 '26±5.8%▲+5.13%×0.89
Q1 FY26±5.6%▼−8.25%×1.47
Q2 FY26±3.4%▼−25.21%×7.51
Jul 22 '26±5.8%▲+0.43%×0.07
Q3 FY26±6.4%▲+0.26%×0.04
quarterimplied−30%0+30%realized×
Q3 FY26±6.4%▲+0.26%×0.04
Jul '26±5.8%▲+0.43%×0.07
Q2 FY26±3.4%▼−25.21%×7.51
Q1 FY26±5.6%▼−8.25%×1.47
Jan '26±5.8%▲+5.13%×0.89
Oct '25±5.8%▼−0.87%×0.15
2 older reports
Jul '25±5.4%▼−7.62%×1.42
Apr '25±5.9%▼−6.58%×1.11
Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Jan 27 report · est.

Bull2 of 3

5largest customers disclosing IBM as a supplierSEC filings
12tracked funds holding IBMN-PORT · Aug 31 '26

Bear2 of 3

4 of 8recent reports where the move came in under the options implied rangeEarnings history
6 of 22largest reporting managers that cut their stake in the latest quarter13F · Jun 30 '26
AI captions · Oct 26 '26once per report · top 2 per case

Linked exposure

IBM report session

Customers 2

ACIWACI Worldwide×0.34JKHYJack Henry & Associates×0.21
× = co-movement · max 501dSource: SEC filings · market data

Latest changes

30 daysAll changes
Oct 7impliedImplied move: ±6.9% into Oct 21 earnings (Oct 7 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.