IBM Can’t Staunch AI Worries After Beating Wall Street’s Estimates

IBM Can’t Staunch AI Worries After Beating Wall Street’s Estimates

Thu, April 23, 2026 at 2:24 PM UTC Pixels Hunter / Shutterstock.com Quick Read IBM (IBM) beat Q1 2026 EPS estimates by 5.45% with $1.91 non-GAAP earnings and revenue of $15.92B up 9.46% YoY, but software growth decelerated to 11.3% and Consulting grew just 1%, raising concerns about AI competition eroding its consulting franchise. IBM’s…