International Business Machines Corporation (IBM) is scheduled to release third-quarter results after the market closes on October 21, 2026. Analysts expect year-over-year growth.

The consensus estimate for earnings per share is $2.87, compared with $2.65 in the same period last year. Revenue is expected to reach about $16.84 billion, up from $16.33 billion a year earlier.

The report will update investors on IBM’s ongoing shift toward hybrid cloud and artificial intelligence. Ahead of the release, analyst views have been mixed. Morgan Stanley maintained an Equal-Weight rating while raising its price target. Truist Securities initiated coverage with a Hold rating.

The results and management’s forward-looking guidance could shape the stock’s performance.