CVE Valuation Report | Mar 22, 2026
IBM
INTERNATIONAL BUSINESS MACHINES CORP
10-K · Filed 2026-02-24
C
$150
$200
$250
$300
$350
$400
$450
$500
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MKT
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FV
1Y
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Fair Value
$352.74
1Y Target
$408.30
MKT. PRICE
$241.77
Model Blend
LOW agreement · 47% spread
DCF$411.48 · 44%
Comps$594.00 · 24%
ROIC Fade$55.32 · 19%
Residual Income$152.82 · 13%
Trailing Rev Growth
7.6%
Model Implied Rev CAGR
8.9%
Market Cap
$227B
ClarVal Report
Mar 22, 2026
9:34 PM EDT
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IBM Valuation Summary

Based on Clarity's multi-model valuation engine, INTERNATIONAL BUSINESS MACHINES CORP (IBM) has an estimated fair value of $352.74 per share, compared to its current market price of $241.77. The stock is currently trading 45.9% below Clarity's fair value estimate, resulting in a verdict of SIGNIFICANTLY UNDERVALUED.

This valuation blends 4 independent models — including Discounted Cash Flow (DCF), Comparable Companies, ROIC Fade, and 1 more. The primary weight is given to the Discounted Cash Flow (DCF) model, with Bayesian triangulation used to reconcile the estimates into a single blended fair value. The 4 models show low agreement with a 47% spread between the highest and lowest estimates.

Monte Carlo simulation across 5,000 scenarios estimates a 64.5% probability that the stock is trading below its intrinsic value, with a median simulated value of $298.64.

Clarity's 1-year price target is $408.30, reflecting expected earnings growth and margin trajectory.

INTERNATIONAL BUSINESS MACHINES CORP is classified under the SaaS / Tech sector, and this valuation is based on 10-K · Filed 2026-02-24 filings sourced directly from SEC EDGAR. All models use trailing twelve month financials where available, with sector-appropriate growth and discount rate assumptions.

Not financial advice. For educational and research purposes only.
Updated Mar 22, 2026, 9:34 PM EDT · Powered by Clarity Valuation Engine · Methodology

INTERNATIONAL BUSINESS MACHINES CORP (IBM) Valuation Summary

Clarity's 6-model valuation engine estimates INTERNATIONAL BUSINESS MACHINES CORP (IBM) at $352.74 per share, compared to the current market price of $241.77. This represents a 45.9% upside from the current price. The verdict is SIGNIFICANTLY UNDERVALUED.

This valuation was generated from INTERNATIONAL BUSINESS MACHINES CORP's 10-K · Filed 2026-02-24 filing, classified in the SaaS / Tech sector with high confidence. Model agreement is LOW with a 47% spread across models.

Models used: DCF (scenario-weighted), Residual Income, Comparable Companies, EV/Revenue, ROIC Fade, and Dividend Discount Model. All data sourced from SEC EDGAR and validated against XBRL structured filings.