IBM Revises 2026 Outlook Below Expectations
IBM has lowered its forecast for 2026, after reporting quarterly earnings that fell short of expectations, with earnings per share at $2.93 compared to an anticipated $2.97, and revenues reaching $17.16 billion against an expected $17.58 billion. Net profit continued to decline, reaching $2.17 billion. The company attributed the weak performance to decreased sales in its computer hardware and transaction software units, while it now expects revenue growth of 4% to 5% in 2026—down from previous forecasts exceeding 5%. Additionally, IBM announced plans to build a quantum chip factory in the United States and launch an AI tool called Bob, which is used by over 80,000 employees, believing that artificial intelligence enhances productivity and efficiency. Since the beginning of 2026, IBM's stock has fallen approximately 30%, compared to a 10% increase in the S&P 500 index.
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