IBM pre-announced weak Q2 2026 results as clients reallocated enterprise spending from mainframe systems to AI hardware.
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S&P 500
IBM
International Business Machines Corporation
latest move
-26.61%
2026-07-20
5 sessions · 2026-07-14 → 2026-07-20 · avg 26.75% · largest 30.08%
IBM is a global technology and consulting giant providing enterprise software, hybrid cloud platforms, AI solutions, and mainframe computing systems.
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newest first2026-07-20Neutral
-26.61%weekly change2026-07-17Neutral
-26.04%weekly changeIBM issued a preliminary Q2 2026 profit warning and missed expectations as clients shifted IT budgets away from software to AI hardware.
read the report →2026-07-16Bearish
-25.82%weekly changeIBM issued a Q2 earnings warning as enterprise clients shifted spending to AI hardware away from mainframes and software.
read the report →2026-07-15Neutral
-30.08%weekly changeIBM issued a Q2 earnings warning with revenue missing consensus due to a 7% decline in its Infrastructure segment and slashed guidance.
read the report →2026-07-14Bearish
-25.21%24 hours changeIBM reported missing Q2 estimates and warned of deal delays caused by enterprise client spending shifting toward AI infrastructure hardware.
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