IBM monthly performance report
Check IBM's monthly returns, drawdown, and seasonality trends — updated every month.
IBM monthly report
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Key takeaways
- IBM (IBM) closed September 2026 at $229.55, down 1.85% for the month and −13.38% over the trailing 12 months.
- Year-to-date, IBM is −22.50%, underperforming the S&P 500 which has returned +11.70% YTD.
- The stock is trading −11.96% versus its 200-day moving average ($260.72), a cautious technical signal.
- Over the past three years, IBM has underperformed the S&P 500 by −13.48%, with a relative strength index reading of 92.1.
- Win rate over the trailing 39 months stands at 61.5% — 24 positive months versus 15 negative months.
IBM ended September 2026 at $229.55, posting a monthly return of −1.85%. The S&P 500 returned −0.70% over the same window, leaving relative performance at −1.15%.
The current quarter stands at −18.37% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −11.96% versus the 200-day moving average ($260.72).
Year-to-date, IBM is −22.50% against SPY +11.70%, a gap of −34.20%. The stock is currently −30.94% below its 52-week high, with maximum 3-year drawdown at −37.50%.
| Period | IBM | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −3.45% | −0.12% | −3.33% |
| 1 Week | −5.65% | −0.34% | −5.31% |
| 1 Month | −1.85% | −0.70% | −1.15% |
| 3 Months | −15.24% | +2.80% | −18.03% |
| 6 Months | −6.79% | +13.85% | −20.64% |
| YTD | −22.50% | +11.70% | −34.20% |
| 12 Months | −13.38% | +15.01% | −28.39% |
| 3 Years | +58.21% | +71.69% | −13.48% |
| Rank | Month | Return |
|---|---|---|
| #1 | May 2026 | +28.93% |
| #2 | Jan 2025 | +16.32% |
| #3 | Sep 2025 | +15.88% |
| #4 | Jun 2025 | +13.79% |
| #5 | Jan 2024 | +12.30% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | −21.68% |
| #2 | Jul 2026 | −20.47% |
| #3 | Jul 2025 | −14.12% |
| #4 | Apr 2024 | −12.97% |
| #5 | Oct 2024 | −6.50% |
| Quarter | Return |
|---|---|
| Q2 2025 | +18.55% |
| Q3 2025 | −4.28% |
| Q4 2025 | +4.98% |
| Q1 2026 | −18.17% |
| Q2 2026 | +16.02% |
| Q3 2026 (QTD) | −18.37% |
| Year | Return |
|---|---|
| 2023 | +16.08% |
| 2024 | +34.41% |
| 2025 | +34.75% |
| 2026 | −22.50% |
| Metric | Value |
|---|---|
| 52-Week High | $332.41 (2026-06-02) |
| 52-Week Low | $199.20 (2026-07-23) |
| Current Price | $229.55 |
| 200-Day Moving Average | $260.72 |
| Price vs 200DMA | −11.96% |
| 3-Year Maximum Drawdown | −37.50% (2026-07-22) |
| Current Drawdown from 52W High | −30.94% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 92.1 |
| 3-Year Excess Return vs S&P 500 | −13.48% |
| RS Peak | 148 (Jun 2025) |
| RS Trough | 84.2 (Jul 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was IBM's return for this report period?
IBM returned −1.85% in the latest monthly window ending 2026-09-18.
Has IBM outperformed SPY year to date?
YTD IBM: −22.50% vs SPY: +11.70%.
What is IBM's 12-month return?
−13.38% over the trailing 12 months.
Is IBM above or below its 200-day moving average?
Price is −11.96% versus 200DMA ($260.72).
What is the maximum drawdown in the 3-year window?
−37.50% on 2026-07-22.