IBM to end visa and green card sponsorship for most Consulting roles
Published November 12, 2026 · Updated November 12, 2026 · 4 sources
IBM says it will stop sponsoring H-1B visas and green cards for most roles in its Consulting unit. Market data for IBM, Accenture and Cognizant are shown.
The exposed companies and what ATLAS says about each
Price change between the last close before the event and the latest available close. It is a coincidence in time, not a cause-and-effect relationship.
Named in the story as ending visa and green card sponsorship for most roles in its Consulting unit. · Technology
IBM is named in the story as ending visa and green card sponsorship for most roles in its Consulting unit [1][2]. Its close was $248.22 on November 11 and $248.22 on November 12, a change of down 0.00%, a coincidence in time between two closes and not a sign of cause.
Price between closes
$248.22 → $248.22Close of November 11 and November 12
Fair value (ATLAS)
$210.48Fair range: $159.11 to $278.43The price ($248.22) is 17.9% above that figure.
Chance of a rise in 1 month
52%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $237.26 and $261.05; 9 in 10, between $218.00 and $284.12.
Large IT consulting competitor that also relies heavily on H-1B sponsorship for its workforce. · Technology
Accenture is a large IT consulting competitor that also relies heavily on H-1B sponsorship for its workforce; it is included for its activity in the sector, not because the event affects it. Its close was $253.66 on November 11 and $253.66 on November 12, down 0.00%. Its next earnings report is December 17 before the open, with estimated EPS of 3.90.
Price between closes
$253.66 → $253.66Close of November 11 and November 12
Fair value (ATLAS)
$273.75Fair range: $247.39 to $423.21The price ($253.66) is 7.3% below that figure: close to its fair value.
Chance of a rise in 1 month
49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $232.83 and $274.36; 9 in 10, between $201.31 and $317.32.
IT services firm with a large consulting workforce that depends on H-1B sponsorship, exposed to the same visa rules. · Technology
Cognizant is an IT services firm with a large consulting workforce that depends on H-1B sponsorship, exposed to the same visa rules; it is included for its activity in the sector, not because the event affects it. Its close was $64.43 on November 11 and $64.43 on November 12, down 0.00%.
Price between closes
$64.43 → $64.43Close of November 11 and November 12
Fair value (ATLAS)
$96.82Fair range: $62.10 to $109.79The price ($64.43) is 33.5% below that figure.
Chance of a rise in 1 month
49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $59.83 and $69.17; 9 in 10, between $52.62 and $78.65.
Recent results (EPS)
Oct 291.49 actual vs 1.46 est.Beat expectations
Jul 291.37 actual vs 1.38 est.In line
Apr 291.40 actual vs 1.33 est.Beat expectations
Mar 20-0.15 actual vs -0.18 est.Beat expectations
Dividend
2.02% dividend yieldNext ex-dividend date: November 13, 2026 · 1.30 $ over the last 12 months
S&P 500 between the same closes (November 11 and November 12): 7,619.38 → 7,599.69 points, −0.26%.
Nasdaq-100 between the same closes (November 11 and November 12): 28,374.25 → 28,258.38 points, −0.41%.
What happened
IBM said it will stop sponsoring visas and green cards for most roles in its Consulting unit, according to the headlines of Reuters and Bloomberg [1][2]. Al Jazeera reports the move follows a Trump administration crackdown on visa programs for skilled foreign workers [3]. IBM's close on November 12 was the same as its close on November 11, while the broader indexes ended lower.
IBM said it will stop sponsoring US foreign worker visas and green cards for most roles in its largest division, Consulting [3]. A company spokesperson told Reuters on Tuesday that the unit had opted to end sponsorship for most roles [3].
IBM said its participation in US high-skilled visa programs had been declining for years, and that the decision came "as skill availability and client needs have evolved" [3]. Al Jazeera describes the announcement as following a Trump administration crackdown on visa programs for skilled foreign workers [3].
IBM Consulting employs more than 150,000 of IBM's 264,300-strong global workforce [3]. Only 1,611 H-1B petitions were approved for the company in fiscal year 2026, according to US Citizenship and Immigration Services data cited by Al Jazeera [3].
What ATLAS data show
These are model estimates, not promises. For IBM, the ATLAS fair value estimate is $210.48 (range $159.11 to $278.43), with the price 17.93% above that value. For Accenture, the estimate is $273.75 (range $247.39 to $423.21), with the price 7.34% below it. For Cognizant, the estimate is $96.82 (range $62.10 to $109.79), with the price 33.45% below it.
A coincidence in time between the news and a price is not causality. The figures come from market closes on November 11 and November 12 and may change. Over the same period the S&P 500 fell 0.26% and the Nasdaq-100 fell 0.41%.
What you get with ATLAS
Fair value of each company, with its range, against today's price.
Chance of a rise in 1 month and the normal price range, from a calibrated model.
Earnings: next date, estimated EPS and surprise history.
Dividends and alerts by email when a company reports.
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 12, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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