International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

International Business Machines Corporation

Key Points
Rigett Computing has real promise but also has real risks.
IBM has ambitious quantum computing plans and the money to achieve its goals.
Between Rigetti and IBM, the smart money will be on IBM.
A potential game-changing technology stepped fully into the spotlight in 2025. The evidence is in the skyrocketing stock prices of pure-play companies focusing on this technology.
I'm referring, of course, to quantum computing. Rigetti Computing (NASDAQ: RGTI) is an excellent example of a stock that took off amid investor excitement over the potential of quantum computing.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
However, 2026 could be the year of the quantum reality check. Investors may be better off focusing less on up-and-coming quantum computing stocks like Rigetti and instead placing their bets on quantum veterans with real cash flow, such as IBM (NYSE: IBM).
Rigetti's real promise – and real risks
Don't get me wrong. I believe that quantum computing is as exciting as advertised. It holds the potential to accelerate artificial intelligence (AI) advances, transform drug discovery, and revolutionize multiple areas, including materials science, logistics, and weather forecasting.
I also believe that Rigetti Computing's quantum technology shows real promise. The company's focus on superconducting quantum computing is pragmatic. Its Cepheus-1-108Q system, which supports 108 qubits, is poised to be the largest modular quantum computing system upon its general availability at the end of the first quarter of 2026.
Rigetti's manufacturing capabilities also give it an edge. The company built the first dedicated foundry for the fabrication of quantum integrated circuits. Rigetti makes a compelling argument that its design and fabrication are best-in-class.
However, Rigetti's risks are also real. The company continues to lose money. Its revenue in the latest reported quarter was a meager $1.9 million. Perhaps most importantly, Rigetti is competing with formidable rivals, several of whom are also using the superconducting approach to build quantum computers.
Big Blue has big plans – and big money
IBM is one of Rigetti's formidable rivals. Its quantum computing business has more than 300 clients and partners, including Boeing (NYSE: BA), Cleveland Clinic, Oak Ridge National Laboratory, and Wells Fargo (NYSE: WFC).
The tech pioneer developed Qiskit, the world's most widely used open-source software stack for quantum computing. While Rigetti pushed back the launch of its 108-qubit Cepheus-1-108Q system, IBM has already released its Quantum Nighthawk QPU that supports 120 qubits.
2026 will be the year that quantum advantage (which IBM defines as where a quantum computer can solve a practical problem "more accurately, cheaply, or efficiently than a classical computer") is achieved, according to Jay Gambetta, Director of IBM Research. IBM also has an ambitious roadmap over the next few years. The company plans to build a fault-tolerant 200-qubit quantum computer by 2029. Beyond 2033, IBM believes it will have powerful systems that support up to 2,000 qubits.
Notably, IBM has the money to fund its quantum computing goals. The company's revenue is growing across all business segments. It's highly profitable. IBM expects to report free cash flow of around $14 billion for the full year 2025. At the end of the third quarter of 2025, the tech giant's cash position stood at $14.9 billion.
The smart money's quantum computing pick
Rigetti Computing could be a huge winner over the long term. However, the company's fortunes and future hinge on its quantum computing technology proving at least as good as its competitors'. There's no guarantee that will happen.
While IBM is investing heavily in quantum computing, it can still be successful even if the quantum bet doesn't pay off as hoped. The company, which got its start making tabulating machines, has done a good job of adapting to the rise of AI.
The race to fulfill the potential of quantum computing will be a marathon, not a sprint. IBM is much better positioned to go the full distance than Rigetti is. That's why when the choice is between these two stocks, IBM is the smart money's quantum computing pick.
Should you buy stock in International Business Machines right now?
Before you buy stock in International Business Machines, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and International Business Machines wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $461,527!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,155,666!*
Now, it’s worth noting Stock Advisor’s total average return is 950% — a market-crushing outperformance compared to 197% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of January 29, 2026.
Wells Fargo is an advertising partner of Motley Fool Money. Keith Speights has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Boeing and International Business Machines. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Forget Rigetti Computing: This Quantum Veteran With Real Cash Flow Is the Smarter Long‑Term Bet

IBM (IBM) reported $19.69 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 12.2%. EPS of $4.52 for the same period compares to $3.92 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $19.2 billion, representing a surprise of +2.53%. The company delivered an EPS surprise of +4.39%, with the consensus EPS estimate being $4.33.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how IBM performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Financing: $179 million compared to the $175.71 million average estimate based on six analysts.
Revenue- Other: $-5 million versus $32.55 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -117.2% change.
Revenue- Infrastructure: $5.13 billion compared to the $4.67 billion average estimate based on six analysts. The reported number represents a change of +20.6% year over year.
Revenue- Consulting: $5.35 billion versus the six-analyst average estimate of $5.42 billion. The reported number represents a year-over-year change of +3.4%.
Revenue- Software: $9.03 billion versus $8.89 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +14% change.
Revenue- Data: $2.1 billion compared to the $1.98 billion average estimate based on four analysts.
Revenue- Hybrid Infrastructure: $3.8 billion versus $3.36 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +26.7% change.
Revenue- Transaction Processing: $2.6 billion versus $2.55 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.3% change.
Revenue- Automation: $2.3 billion versus the four-analyst average estimate of $2.25 billion.
Revenue- Hybrid Cloud: $2 billion versus $2.13 billion estimated by four analysts on average.
Revenue- Intelligent Operations: $2.4 billion versus the four-analyst average estimate of $2.45 billion.
Revenue- Strategy and Technology: $2.9 billion compared to the $2.97 billion average estimate based on four analysts.
Shares of IBM have returned -2.7% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Quantum Computing Stocks Set To Soar
Artificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.
Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.
Access the Report Free Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IBM (IBM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Data is currently not available
Edit My Quotes
Add up to 25 symbols
To add symbols:
Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return.
Copy and paste multiple symbols separated by spaces.
These symbols will be available throughout the site during your session.
Save data
Data is currently not available
Edit My European Quotes
Add up to 25 instruments
To add instruments:
Type a instrument or company name. When the instrument you want to add appears, add it to My European Quotes by selecting it and pressing Enter/Return.
Copy and paste multiple instruments separated by spaces.
These instruments will be available throughout the site during your session.
Save data
Data is currently not available
Your symbols have been updated
You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com.
Continue
Data is currently not available
Edit Watchlist
Add up to 20 symbols
To add symbols:
Type a symbol or company name. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return.
Copy and paste multiple symbols separated by spaces.
These symbols will be available throughout the site during your session.
Save data

IBM (IBM) Q4 2025 Earnings Call Transcript

Key Points
IBM beat analysts' revenue and profit expectations for the fourth quarter of 2025.
Management projects free cash flow growth from 2025 to 2026.
Shares are still attractive for those seeking AI exposure.
After inching 0.10% higher during today's regular trading session, International Business Machines (NYSE: IBM) stock is jumping sharply higher in after-hours trading this afternoon. In addition to the tech company's fourth-quarter 2025 financial results, management's 2026 guidance is providing plenty of fodder for the bulls to feast upon.
As of 5:27 p.m., shares of IBM are up 8.1% from their closing price of $294.16 during today's regular market session.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
The free cash flow is expected to flow even stronger next year
Reporting fourth-quarter 2025 revenue of $19.7 billion, IBM exceeded the analysts' consensus that the company would post sales of $19.2 billion.
The company also provided a surprise at the bottom of the income statement, reporting adjusted earnings per share (EPS) of $4.52. Analysts had anticipated that IBM would post Q4 2025 adjusted EPS of $4.29.
Looking ahead, management is providing investors with even more reasons to click the buy button. With strong demand for its artificial intelligence (AI) offerings (the company reported its generative AI book of business now totals over $12.5 billion), IBM projects 2026 revenue to grow more than 5% year-over-year on a constant-currency basis. Plus, management forecasts strong free cash flow growth in 2026 -- an increase of about $1 billion over the $14.7 billion in free cash flow that it generated in 2025.
Is IBM stock a buy after the company shared positive Q4 2025 results
Trading at 24.3 times forward earnings, shares of IBM aren't sitting in the bargain bin, but the company's strong financial performance in 2025 -- and presumed growth in 2026 -- make it a compelling option for those with lower risk tolerances yet still interested in AI exposure.
Should you buy stock in International Business Machines right now?
Before you buy stock in International Business Machines, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and International Business Machines wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $461,527!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,155,666!*
Now, it’s worth noting Stock Advisor’s total average return is 950% — a market-crushing outperformance compared to 197% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of January 28, 2026.
Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends International Business Machines. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why IBM Stock Is Soaring in After-Hours Trading

IBM (IBM) came out with quarterly earnings of $4.52 per share, beating the Zacks Consensus Estimate of $4.33 per share. This compares to earnings of $3.92 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +4.39%. A quarter ago, it was expected that this technology and consulting company would post earnings of $2.44 per share when it actually produced earnings of $2.65, delivering a surprise of +8.61%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
IBM, which belongs to the Zacks Computer - Integrated Systems industry, posted revenues of $19.69 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.53%. This compares to year-ago revenues of $17.55 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
IBM shares have lost about 0.8% since the beginning of the year versus the S&P 500's gain of 1.9%.
What's Next for IBM?
While IBM has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for IBM was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.77 on $15.56 billion in revenues for the coming quarter and $12.19 on $70.3 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer - Integrated Systems is currently in the top 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, NCR Voyix (VYX), has yet to report results for the quarter ended December 2025.
This maker of ATMs and other hardware and software to handle payments is expected to post quarterly earnings of $0.29 per share in its upcoming report, which represents a year-over-year change of +462.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
NCR Voyix's revenues are expected to be $690.5 million, up 1.3% from the year-ago quarter.
Should You Invest in International Business Machines Corporation (IBM)?
Before you invest in International Business Machines Corporation (IBM), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IBM (IBM) Q4 Earnings and Revenues Beat Estimates

(RTTNews) - International Business Machines Corp. (IBM) announced earnings for its fourth quarter that Increases, from last year
The company's bottom line totaled $5,600 billion, or $5.98 per share. This compares with $2,915 billion, or $3.15 per share, last year.
Excluding items, International Business Machines Corp. reported adjusted earnings of $4,307 billion or $4.52 per share for the period.
The company's revenue for the period rose 12.2% to $19.686 billion from $17.553 billion last year.
International Business Machines Corp. earnings at a glance (GAAP) :
-Earnings: $5,600 Bln. vs. $2,915 Bln. last year. -EPS: $5.98 vs. $3.15 last year. -Revenue: $19.686 Bln vs. $17.553 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

International Business Machines Corp. Profit Advances In Q4

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in International Business Machines Corp (Symbol: IBM), where a total of 28,217 contracts have traded so far, representing approximately 2.8 million underlying shares. That amounts to about 69.4% of IBM's average daily trading volume over the past month of 4.1 million shares. Particularly high volume was seen for the $280 strike put option expiring January 30, 2026, with 1,225 contracts trading so far today, representing approximately 122,500 underlying shares of IBM. Below is a chart showing IBM's trailing twelve month trading history, with the $280 strike highlighted in orange:
Turtle Beach Corp (Symbol: TBCH) saw options trading volume of 1,398 contracts, representing approximately 139,800 underlying shares or approximately 68.8% of TBCH's average daily trading volume over the past month, of 203,110 shares. Particularly high volume was seen for the $12.50 strike call option expiring March 20, 2026, with 1,286 contracts trading so far today, representing approximately 128,600 underlying shares of TBCH. Below is a chart showing TBCH's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
And Oklo Inc (Symbol: OKLO) saw options trading volume of 89,374 contracts, representing approximately 8.9 million underlying shares or approximately 66.8% of OKLO's average daily trading volume over the past month, of 13.4 million shares. Particularly high volume was seen for the $95 strike call option expiring January 30, 2026, with 6,096 contracts trading so far today, representing approximately 609,600 underlying shares of OKLO. Below is a chart showing OKLO's trailing twelve month trading history, with the $95 strike highlighted in orange:
For the various different available expirations for IBM options, TBCH options, or OKLO options, visit StockOptionsChannel.com.
Also see:
Socially Responsible Preferreds
TMF Split History
AVEO Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Wednesday Option Activity: IBM, TBCH, OKLO

The following companies are expected to report earnings after hours on 01/28/2026. Visit our Earnings Calendar for a full list of expected earnings releases.
Microsoft Corporation (MSFT)is reporting for the quarter ending December 31, 2025. The computer software company's consensus earnings per share forecast from the 16 analysts that follow the stock is $3.88. This value represents a 20.12% increase compared to the same quarter last year. In the past year MSFT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 13.15%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for MSFT is 30.28 vs. an industry ratio of 22.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Meta Platforms, Inc. (META)is reporting for the quarter ending December 31, 2025. The internet software company's consensus earnings per share forecast from the 16 analysts that follow the stock is $8.21. This value represents a 2.37% increase compared to the same quarter last year. In the past year META has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 9.68%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for META is 23.21 vs. an industry ratio of 25.40.
Tesla, Inc. (TSLA)is reporting for the quarter ending December 31, 2025. The auto (domestic) company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.33. This value represents a 50.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for TSLA is 384.73 vs. an industry ratio of 37.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Lam Research Corporation (LRCX)is reporting for the quarter ending December 31, 2025. The electric company company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.17. This value represents a 28.57% increase compared to the same quarter last year. In the past year LRCX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 4.13%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for LRCX is 49.17 vs. an industry ratio of 17.20, implying that they will have a higher earnings growth than their competitors in the same industry.
International Business Machines Corporation (IBM)is reporting for the quarter ending December 31, 2025. The computer company's consensus earnings per share forecast from the 7 analysts that follow the stock is $4.33. This value represents a 10.46% increase compared to the same quarter last year. In the past year IBM has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 8.61%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for IBM is 25.82 vs. an industry ratio of 32.10.
ServiceNow, Inc. (NOW)is reporting for the quarter ending December 31, 2025. The information technology services company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.48. This value represents a 23.08% increase compared to the same quarter last year. In the past year NOW has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 25.53%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for NOW is 67.24 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Waste Management, Inc. (WM)is reporting for the quarter ending December 31, 2025. The waste removal company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.96. This value represents a 15.29% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for WM is 30.80 vs. an industry ratio of 29.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Canadian Pacific Kansas City Limited (CP)is reporting for the quarter ending December 31, 2025. The transportation (rail) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.99. This value represents a 7.61% increase compared to the same quarter last year. The last two quarters CP had negative earnings surprises; the latest report they missed by -1.23%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for CP is 21.72 vs. an industry ratio of 16.50, implying that they will have a higher earnings growth than their competitors in the same industry.
United Rentals, Inc. (URI)is reporting for the quarter ending December 31, 2025. The building company's consensus earnings per share forecast from the 9 analysts that follow the stock is $11.90. This value represents a 2.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for URI is 21.16 vs. an industry ratio of 20.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Las Vegas Sands Corp. (LVS)is reporting for the quarter ending December 31, 2025. The gaming company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.78. This value represents a 44.44% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for LVS is 20.53 vs. an industry ratio of 25.60.
Celestica, Inc. (CLS)is reporting for the quarter ending December 31, 2025. The electrical company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.61. This value represents a 54.81% increase compared to the same quarter last year. CLS missed the consensus earnings per share in the 1st calendar quarter of 2025 by -0.99%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for CLS is 61.93 vs. an industry ratio of 38.10, implying that they will have a higher earnings growth than their competitors in the same industry.
Fair Isaac Corporation (FICO)is reporting for the quarter ending December 31, 2025. The information technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $5.85. This value represents a 40.96% increase compared to the same quarter last year. FICO missed the consensus earnings per share in the 4th calendar quarter of 2024 by -18.15%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for FICO is 44.23 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After-Hours Earnings Report for January 28, 2026 : MSFT, META, TSLA, LRCX, IBM, NOW, WM, CP, URI, LVS, CLS, FICO

Today’s main event in market trading will likely be the conclusion of the latest Federal Open Market Committee (FOMC) meeting, which finishes with a new monetary policy statement (2pm ET) and a press conference from Fed Chair Jerome Powell (@ 2:30pm). No changes are expected from the current 3.50-3.75% Fed funds rate, but this will be the first presser since the U.S. Dept. of Justice launched a criminal campaign against Powell for $2.5 billion spent on Federal Reserve building renovations.
Powell himself has already publicly addressed these charges, calling this “unprecedented action” part of a broader attack from President Trump for not bringing down interest rates sooner. Last year, both men appeared before cameras where the president directly accused Powell of misusing funds and the chairman accused the president of conflating numbers.
One of the voting Fed governors, Stephen Miran, is actually on loan from the White House where he has served as Chair of the Council of Economic Advisors for the past year. Since his installment into the FOMC, he has voted for a 50 basis-point (bps) interest rate cut at each meeting, and is widely expected to do the same today — likely as the only voting member to do so. Earlier this month, Miran said he’s looking for rate cuts of 150 bps this year, which would bring the Fed funds rate to 2.00-2.25%, or roughly 50 bps lower than the current Inflation Rate of 2.7%.
Since September 2024, the Fed funds rate has come down 175 bps from multi-year highs of 5.25-5.50%, but only one or two 25 bps cuts are expected by most Fed analysts for 2026. Of course, unforeseen circumstances like the bottom falling out of the labor market or a drastic lowering of inflation across multiple metrics can re-set this table. But as of now, we’re seeing both labor and inflation hover within generally acceptable levels.
Quick Earnings Rundown This Morning: SBUX, T & More
Starbucks SBUX missed earnings estimates this morning by 2 cents per share to $0.58 reported for fiscal Q1. Revenues in the quarter, however, beat the Zacks consensus estimate by +2.82% to $9.92 billion — also above the $9.4 billion reported in the year-ago quarter. CEO Brian Niccol’s tenure is beginning to demonstrate traffic growth, and shares are up +7.5% in today’s pre-market.
AT&T T shares are up modestly following its Q4 results hitting the tape this morning, with earnings of 52 cents per share outpacing estimates by 4 cents (but still shy the 54 cents reported in the year-ago quarter), for the telecom giant’s third earnings beat in the last five quarters. Revenues posted a +2.24% positive surprise to $33.47 billion.
The parent company for apparel brands like Vans, The North Face and Timberland, V.F. Corp. VFC, reported perhaps the biggest earning beat of the morning: $0.58 per share topped the $0.43 expected for a +34.9% outperformance in its fiscal Q3. Revenues of $2.88 billion surpassed estimates by +4.26%, but a cautious outlook for Q4, particularly among Vans sales, has slid the stock -5% in the pre-market, giving back a chunk of its +12% gains year to date.
The Progressive PGR and Automatic Data Processing ADP also reported quarterly results this morning, and beat earnings estimates by +5.2% and +1.6%, respectively. Progressive shares are up marginally on this news, while ADP is descending -2.9% directly ahead of the opening bell.
Earnings Reports After the Close: MSFT, TSLA, IBM
Once normal trading ends this Hump Day, Zacks Rank #2 (Buy)-rated Microsoft MSFT, which only has one earnings miss over the past five years, is expected to have grown earnings by +20.1% year over year, and revenues of +15.2%. The stock remains off the all-time highs set before Halloween last year, but have come up more than $40 per share since its near-term low just one week ago.
Tesla TSLA, which is still trying to dig out from its relative underperformance compared to other companies in the “Mag 7,” is expected to bring negative earnings of -38.4% from a year ago on revenues anticipated to be -2.2% from Q4 2025. The Zacks Rank #4 (Sell)-rated American EV leader has also missed earnings in three of its last four quarters.
Tech giant IBM IBM also puts out Q4 earnings after today’s closing bell, and the Zacks Rank #3 (Hold)-rated multinational monolith is currently riding an 11-quarter streak of earnings beats. The company is expected to grow earnings by +10.5% from a year ago on revenues anticipated to reach +9.4%. Shares are flat year to date, but up +30% from a year ago.
Quantum Computing Stocks Set To Soar
Artificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.
Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.
Access the Report Free Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AT&T Inc. (T) : Free Stock Analysis Report
V.F. Corporation (VFC) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Earnings Drive Early Market Moves

Wednesday, January 28th, 2026
Today’s main event in market trading will likely be the conclusion of the latest Federal Open Market Committee (FOMC) meeting, which finishes with a new monetary policy statement (2pm ET) and a press conference from Fed Chair Jerome Powell (@ 2:30pm). No changes are expected from the current 3.50-3.75% Fed funds rate, but this will be the first presser since the U.S. Dept. of Justice launched a criminal campaign against Powell for $2.5 billion spent on Federal Reserve building renovations.
Powell himself has already publicly addressed these charges, calling this “unprecedented action” part of a broader attack from President Trump for not bringing down interest rates sooner. Last year, both men appeared before cameras where the president directly accused Powell of misusing funds and the chairman accused the president of conflating numbers.
One of the voting Fed governors, Stephen Miran, is actually on loan from the White House where he has served as Chair of the Council of Economic Advisors for the past year. Since his installment into the FOMC, he has voted for a 50 basis-point (bps) interest rate cut at each meeting, and is widely expected to do the same today — likely as the only voting member to do so. Earlier this month, Miran said he’s looking for rate cuts of 150 bps this year, which would bring the Fed funds rate to 2.00-2.25%, or roughly 50 bps lower than the current Inflation Rate of 2.7%.
Since September 2024, the Fed funds rate has come down 175 bps from multi-year highs of 5.25-5.50%, but only one or two 25 bps cuts are expected by most Fed analysts for 2026. Of course, unforeseen circumstances like the bottom falling out of the labor market or a drastic lowering of inflation across multiple metrics can re-set this table. But as of now, we’re seeing both labor and inflation hover within generally acceptable levels.
Quick Earnings Rundown This Morning: SBUX, T & More
Starbucks SBUX missed earnings estimates this morning by 2 cents per share to $0.58 reported for fiscal Q1. Revenues in the quarter, however, beat the Zacks consensus estimate by +2.82% to $9.92 billion — also above the $9.4 billion reported in the year-ago quarter. CEO Brian Niccol’s tenure is beginning to demonstrate traffic growth, and shares are up +7.5% in today’s pre-market. For more on SBUX’s earnings, click here.
AT&T T shares are up modestly following its Q4 results hitting the tape this morning, with earnings of 52 cents per share outpacing estimates by 4 cents (but still shy the 54 cents reported in the year-ago quarter), for the telecom giant’s third earnings beat in the last five quarters. Revenues posted a +2.24% positive surprise to $33.47 billion. For more on T’s earnings, click here.
The parent company for apparel brands like Vans, The North Face and Timberland, V.F. Corp. VFC, reported perhaps the biggest earning beat of the morning: $0.58 per share topped the $0.43 expected for a +34.9% outperformance in its fiscal Q3. Revenues of $2.88 billion surpassed estimates by +4.26%, but a cautious outlook for Q4, particularly among Vans sales, has slid the stock -5% in the pre-market, giving back a chunk of its +12% gains year to date. For more on VFC’s earnings, click here.
The Progressive PGR and Automatic Data Processing ADP also reported quarterly results this morning, and beat earnings estimates by +5.2% and +1.6%, respectively. Progressive shares are up marginally on this news, while ADP is descending -2.9% directly ahead of the opening bell.
Earnings Reports After the Close: MSFT, TSLA, IBM
Once normal trading ends this Hump Day, Zacks Rank #2 (Buy)-rated Microsoft MSFT, which only has one earnings miss over the past five years, is expected to have grown earnings by +20.1% year over year, and revenues of +15.2%. The stock remains off the all-time highs set before Halloween last year, but have come up more than $40 per share since its near-term low just one week ago.
Tesla TSLA, which is still trying to dig out from its relative underperformance compared to other companies in the “Mag 7,” is expected to bring negative earnings of -38.4% from a year ago on revenues anticipated to be -2.2% from Q4 2025. The Zacks Rank #4 (Sell)-rated American EV leader has also missed earnings in three of its last four quarters.
Tech giant IBM IBM also puts out Q4 earnings after today’s closing bell, and the Zacks Rank #3 (Hold)-rated multinational monolith is currently riding an 11-quarter streak of earnings beats. The company is expected to grow earnings by +10.5% from a year ago on revenues anticipated to reach +9.4%. Shares are flat year to date, but up +30% from a year ago.
Questions or comments about this article and/or author? Click here>>
Quantum Computing Stocks Set To Soar
Artificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.
Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.
Access the Report Free Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AT&T Inc. (T) : Free Stock Analysis Report
V.F. Corporation (VFC) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Index	Bulls	Bears
Confidence		—
Support		—
Cash flows		—

	S/L 5%RUB 308.55	S/L 10%RUB 323.25	S/L 15%RUB 337.94
Day	1.26%	0.00%	0.00%
Week	26.47%	2.77%	0.12%
Month	58.63%	28.27%	11.39%

International Business Machines Corporation

Market sentiment

Overall assessment

Share of longs and shorts

Long

Short

Momentum

Protective stop levels