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IBM Lowers Full-Year Forecast After Earnings Warning

Published Wednesday, July 22, 2026 · Updated July 23

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Narrative Spectrum

Convergent Narrative · 0
  • Earnings and Forecast Reduction — 2 sources

Media Analysis

AI synthesis

IBM has lowered its full-year 2026 revenue growth forecast to between 4% and 5%, down from previous expectations of over 5%. This adjustment follows weaker-than-projected earnings, with customers reportedly prioritizing spending on AI infrastructure.

What We Know — Key Points

  • IBM lowered its 2026 forecast and delivered weaker earnings than analysts had projected on Wednesday.
  • IBM now expects 2026 revenue growth between 4 per cent and 5 per cent, down from its previous expectations of more than 5 per cent growth.

What Is Claimed — Perspectives

Earnings and Forecast Reduction
  • CNBC

    CNBC reports that IBM lowered its 2026 forecast and delivered weaker earnings than analysts expected, detailing the revised revenue growth expectations.

  • Channel News Asia

    Channel News Asia reports that IBM cut its annual revenue growth forecast, citing customers prioritizing AI infrastructure spending, and provides the updated revenue growth expectations for 2026.

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