The IBM stock price closed at $227.02 on Monday 12 October 2026, roughly 32% below its 52-week high of $332.46 and not far above its low of $199.19. That is a big swing for a company many people think of as steady and a bit old-school. With IBM due to report third-quarter results on Wednesday 21 October, many UK investors are asking the same question: is this a bargain, or a falling knife?

In this guide we explain where IBM’s share price stands, what the latest results say, what analysts expect, and how a UK beginner could think about buying.

IBM stock price today: the key numbers