Buy Or Sell IBM Stock Ahead Of Its Upcoming Earnings?

Core Insights - IBM is scheduled to release its earnings report on July 23, 2025, with historical data indicating a 63% probability of positive one-day returns following earnings releases, with a median return of 4.8% and a peak return of 13.0% [1][6]. Earnings Forecast - The current consensus for IBM's upcoming earnings is $2.66 per share on revenue of $16.58 billion, representing an increase from the previous year's earnings of $2.43 per share on revenue of $15.77 billion [2]. Financial Performance - IBM has a market capitalization of $265 billion, with revenue of $63 billion, operating income of $10 billion, and a net profit of $5.5 billion over the past twelve months [3]. Historical Earnings Data - Over the last five years, there have been 19 earnings data points, with 12 positive and 7 negative one-day returns, resulting in a 63% occurrence of positive returns. This percentage increases to 64% when considering the last three years [6]. Return Correlation - An analysis of the correlation between one-day, five-day, and twenty-one-day returns can provide insights for traders. If the one-day return is positive, traders may consider going long for the subsequent five days if a strong correlation exists [7].