Archive · 22 Jul 2026
IBM Stock Down 30% After Earnings Warning
IBM's stock has dropped a lot because the company said it might not make as much money as expected.
This happened because customers are spending less and there are problems with supplies and cybersecurity.
The company's boss, Arvind Krishna, said they didn't do well in selling big deals.
Now, everyone is waiting to see if the next report will show things are getting better or worse.
If the report is good, the stock might go up, but if it's bad, it might go down even more.
IBM stock down 30% after preliminary earnings warning.
Q2 earnings release scheduled for July 22, 2026.
Revenue of $17.2 billion, up 1%, but below analyst estimates.
Software revenue up 5%, infrastructure revenue down 7%.
CEO Arvind Krishna attributes shortfall to client pullback and supply chain issues.
- Who
- IBM, Arvind Krishna
- What
- IBM stock down 30% after preliminary earnings warning
- When
- July 22, 2026 (Q2 earnings release)
- Where
- Global market
- Why
- Clients pulling back, supply chain issues, cybersecurity concerns
Optimistic Investors
Pessimistic Investors
Future Performance
Optimistic Investors
IBM's stock may recover if Q2 results show higher software growth than expected.
Pessimistic Investors
A disappointing Q2 report could lead to further decline in IBM's stock value.
- Stock Decline
- 30% since preliminary earnings warning
- Earnings Release Date
- July 22, 2026
- Revenue
- $17.2 billion (up 1%)
- Software Revenue
- Up 5%
- Infrastructure Revenue
- Down 7%
- Gross Profit Margin (GAAP)
- 57.7% (down 100 basis points)
- Diluted Earnings Per Share (GAAP)
- $2.27 (down 2%)
- CEO
- Arvind Krishna