IBM stock down 30% since preliminary earnings warning. Will it recover or fall further after Q2 results?
IBM’s earnings results will be closely watched on Wednesday, following a more than 30% decline in its stock due to management’s early announcement of likely underperformance.
This warning was issued well ahead of the second quarter 2026 earnings report, which is scheduled for release on July 22.
On July 14, in a Form 8-K filing with the US SEC, IBM’s chairman, president and chief executive officer, Arvind Krishna, addressed investors regarding the company’s preliminary quarterly performance and the reasons behind the shortfall in Software and Infrastructure revenue. The stock price of IBM slumped 25% on that day.
