Securities Fraud Investigation Into International Business Machines Corporation (IBM) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of International Business Machines Corporation (“IBM” or the “Company”) (NYSE: IBM) investors concerning the Company’s possible violations of the federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

What Happened?

On July 14, 2026, IBM reported preliminary second quarter 2026 financial results, including that it anticipates infrastructure revenue to decline 7% and software revenue to increase only 5%. CEO Arvind Krishna in a letter to IBM Investors, stated "this quarter we faltered. We did not adapt and move quickly enough, and numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall."

The Company also admitted there was a “software and infrastructure performance shortfall,” in part due to “performance and the associated software stack” of Z, a new family of mainframes built for AI.

The Company also disclosed it “saw clients shift their quarterly capex spend toward servers, storage, and memory purchases” and “[w]hile we anticipated some supply chain related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization.”

On this news, IBM’s stock price fell $73.16, or 25.2%, to close at $217.07 per share on July 14, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.

Charles Linehan, Esq.
Glancy Prongay Wolke & Rotter LLP
1925 Century Park East, Suite 2100
Los Angeles, California 90067
Email: [e-mail]
Telephone: [phone] (Toll-Free: 888-773-9224)
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Whistleblower Notice

Persons with non-public information regarding IBM should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [e-mail].

About Glancy Prongay Wolke & Rotter LLP

GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.

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