| Report | Options implied | Actual move | Market was |
|---|---|---|---|
| April 23, 2026 | ±2.7% | -8.3% | under-priced |
| July 24, 2025 | ±1.5% | -7.6% | under-priced |
| April 24, 2025 | ±2.8% | -6.6% | under-priced |
| October 30, 2024 | ±2.9% | -2.6% | over-priced |
| July 30, 2024 | ±2.6% | -0.2% | over-priced |
| April 30, 2024 | ±3.8% | -0.7% | over-priced |
| October 31, 2023 | ±2.3% | +1.4% | over-priced |
| July 25, 2023 | ±1.6% | +0.6% | over-priced |
| Quarter | EPS (dil.) | Revenue | Net income |
|---|---|---|---|
| Q1 FY2026 | $1.28 | $15.9B | $1.2B |
| Q4 FY2025 | — | $0 | $0 |
| Q2 FY2025 | $2.31 | $17.0B | $2.2B |
| Q1 FY2025 | $1.12 | $14.5B | $1.1B |
International Business Machines Corporation (IBM) reports in 107 days, with the next report estimated for September 28, 2026. Across the last 8 reports, options priced an average ±2.5% earnings move while the stock actually moved 3.5% on average — the market has been roughly fair on IBM's earnings risk. Fundamentals into the print: EPS down 58.8% year-over-year, revenue down 9.3%. QuantLogix's live 5-factor engine currently reads IBM as a neutral at 48/100.
Implied move is derived from at-the-money option pricing; actual moves are close-to-close on report days. Next-report dates are estimates until confirmed by the company. Educational market analysis, not investment advice. Browse all signal scorecards →