International Business Machines (IBM) Stock Forecast & Price Target

$226.70 +6.19 (+2.81%)

Closing price 10/8/2026 03:59 PM Eastern

Extended Trading

$225.36 -1.34 (-0.59%)

As of 10/8/2026 07:59 PM Eastern

Compare

International Business Machines - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 32 Analyst Ratings

Sell
2

Hold
12

Buy
18

Based on 32 Wall Street analysts who have issued ratings for International Business Machines in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 32 analysts, 2 have given a sell rating, 12 have given a hold rating, and 18 have given a buy rating for IBM.

Consensus Price Target

$253.52
11.83% Upside

According to the 32 analysts' twelve-month price targets for International Business Machines, the average price target is $253.52. The highest price target for IBM is $350.00, while the lowest price target for IBM is $174.00. The average price target represents a forecasted upside of 11.83% from the current price of $226.70.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for IBM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for International Business Machines and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

IBM Analyst Ratings Over Time

Type	Current Forecast 10/9/25 to 10/9/26	1 Month Ago 9/9/25 to 9/9/26	3 Months Ago 7/11/25 to 7/11/26	1 Year Ago 10/9/24 to 10/9/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	18 Buy rating(s)	18 Buy rating(s)	16 Buy rating(s)	7 Buy rating(s)
Hold	12 Hold rating(s)	12 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$253.52	$253.52	$300.42	$284.62
Forecasted Upside	11.83% Upside	5.58% Upside	4.37% Upside	-1.22% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

IBM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IBM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

International Business Machines Stock vs. The Competition

Type	International Business Machines	Technology Companies	Broader Market
Consensus Rating Score	2.50	2.24	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	11.83% Upside	638.41% Upside	19.64% Upside
News Sentiment Rating	Positive News See Recent IBM News	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Show

Rating

Upside/Downside

Action

Report Date

0 Results

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/29/2026	Weiss Ratings 3 of 5 stars		Downgrade	Buy (B-) ➝ Hold (C+)
8/31/2026	Susquehanna 4 of 5 stars	James Friedman 1 of 5 stars	Boost Target	Neutral	$225.00 ➝ $235.00	+0.81%
8/19/2026	Craig Hallum 5 of 5 stars		Initiated Coverage	Buy
7/29/2026	Citic Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$294.00 ➝ $297.00	+33.74%
7/29/2026	Daiwa Securities Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Neutral	$247.00 ➝ $217.00	-2.28%
7/24/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Abhishek Shukla Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target		$175.00 ➝ $174.00	-21.65%
7/24/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Fatima Boolani Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$255.00 ➝ $245.00	+13.80%
7/23/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Keith Bachman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Market Perform	$270.00 ➝ $230.00	+11.74%
7/23/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target	Buy	$335.00 ➝ $270.00	+33.77%
7/23/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Erik Woodring Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$293.00 ➝ $190.00	-7.78%
Get the Latest News and Ratings for IBM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for International Business Machines and its competitors with MarketBeat's FREE daily newsletter.
7/23/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Raimo Lenschow Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$288.00 ➝ $262.00	+27.17%
7/23/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Market Perform	$280.00 ➝ $230.00	+3.57%
7/21/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Rob Oliver Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Neutral	$230.00	+9.30%
7/21/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Swanson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$300.00 ➝ $270.00	+27.54%
7/21/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brent Thill Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$320.00 ➝ $260.00	+21.96%
7/20/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Grossman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$290.00 ➝ $235.00	+10.57%
7/17/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Essex Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$291.00 ➝ $250.00	+18.38%
7/16/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$310.00 ➝ $250.00	+12.52%
7/16/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jim Kelleher Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$360.00 ➝ $280.00	+31.84%
7/15/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Param Singh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
7/15/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Wamsi Mohan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$330.00 ➝ $280.00	+26.02%
6/23/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Peer Perform
6/23/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Overweight
6/23/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Sector Weight
6/3/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy
6/3/2026	Roth Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
6/2/2026	Wedbush Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Daniel Ives Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Outperform	$320.00 ➝ $350.00	+10.63%
4/27/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Underperform	$245.00 ➝ $195.00	-12.24%
4/24/2026	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy	$295.00	+27.26%
2/25/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Vogt Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$210.00 ➝ $236.00	+2.90%
2/18/2026	Erste Group Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/19/2026	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Moderate Buy
7/7/2025	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ben Reitzes Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy
4/24/2025	KGI Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Rob Chang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Hold	$242.00	+5.54%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:53 AM ET.

Should I Buy International Business Machines Stock? IBM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 8, 2026. Please send any questions or comments about these International Business Machines pros and cons to contact@marketbeat.com.

International Business Machines
Bull Case

Here are some ways that investors could benefit from investing in International Business Machines Co.:

International Business Machines Co. has advanced to Stage C, the final phase of the Defense Advanced Research Projects Agency's Quantum Benchmarking Initiative, which provides independent government validation of its hardware and architecture as it pursues a fault-tolerant quantum computer by 2029, strengthening its technical credibility and long-term value proposition.
The stock is currently trading at $226.70, which is significantly below its fifty-two week high of $332.46, making the valuation more attractive for investors who believe in a recovery of consulting demand and hybrid cloud services, as the price-to-earnings ratio of 20.12 suggests a reasonable entry point relative to its earnings power.
International Business Machines Co. offers a dividend yield of 3.05%, providing a steady income stream for investors, with a recent quarterly dividend of $1.69 per share paid in September 2026, which represents a $6.76 annualized payout and a payout ratio of 59.98% that is sustainable given the company's financial health.
Institutional investors are increasing their positions in the company, with CoreCap Advisors LLC raising its holdings by 7.6% in the third quarter and Hamlin Capital Management LLC boosting its stake by 24.5%, indicating strong confidence from professional money managers in the company's future performance and strategic direction.
The company has launched a new ERP modernization offering in partnership with SAP, combining its consulting expertise with SAP cloud ERP technology to help midsize and growing companies modernize operations and advance AI readiness, which could drive new revenue streams and support its consulting business growth.

International Business Machines
Bear Case

Investors should be bearish about investing in International Business Machines Co. for these reasons:

Recent operating concerns remain unresolved, as the company previously disclosed that numerous large deals failed to close on time, contributing to a quarterly revenue shortfall in the second quarter of 2026 where actual revenue of $17.16 billion missed analyst estimates of $17.46 billion, raising fears that a prolonged slowdown could pressure earnings and investor confidence.
International Business Machines Co. is experiencing customer leakage in its infrastructure market, evidenced by 11:11 Systems acquiring select IBM VMware Cloud Service Provider enterprise customers, which suggests competitive pressure and potential loss of business volume in a key segment of its hybrid cloud and infrastructure offerings.
The stock has underperformed the broader market over the past three months, losing 26% while the S&P 500 gained 4.8%, indicating that investors are skeptical about the company's ability to execute on its strategy and deliver consistent growth, which could lead to further downside if upcoming earnings do not show improvement.
Analysts have recently lowered their price targets for the stock, with Barclays reducing its target from $288.00 to $262.00 and Bank of America cutting its objective from $330.00 to $280.00 in July 2026, reflecting a more cautious outlook on the company's near-term earnings potential and valuation support.
The company's debt-to-equity ratio of 1.63 and current ratio of 0.79 indicate a relatively high level of leverage and limited short-term liquidity, which could constrain its financial flexibility to invest in new technologies or respond to market downturns, especially if revenue growth remains sluggish.

IBM Forecast - Frequently Asked Questions

According to the research reports of 32 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $253.52, with a high forecast of $350.00 and a low forecast of $174.00.

32 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last twelve months. There are currently 2 sell ratings, 12 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IBM shares.

According to analysts, International Business Machines's stock has a predicted upside of 11.83% based on their 12-month stock forecasts.

Over the previous 90 days, International Business Machines's stock had 3 downgrades and 2 upgrades by analysts.

International Business Machines has been rated by research analysts at Argus, Bank of America, Barclays, BMO Capital Markets, Citic Securities, Citigroup, Craig Hallum, Daiwa Securities Group, Evercore, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Robert W. Baird, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, The Goldman Sachs Group, and Weiss Ratings in the past 90 days.

Analysts like International Business Machines more than other "technology" companies. The consensus rating for International Business Machines is Moderate Buy while the average consensus rating for "technology" companies is Hold. Learn more on how IBM compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With International Business Machines Recommendations

MarketBeat monitors more than a dozen sources for International Business Machines analyst ratings, with the most recent rating issued on 9/29/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

International Business Machines (IBM) Stock Forecast & Price Target

International Business Machines - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

IBM Analyst Ratings Over Time

IBM Analyst Recommendations By Month

IBM Price Targets by Month

International Business Machines Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy International Business Machines Stock? IBM Pros and Cons Explained

International Business Machines
Bull Case

International Business Machines
Bear Case

IBM Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With International Business Machines Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

International Business Machines (IBM) Stock Forecast & Price Target

International Business Machines - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

IBM Analyst Ratings Over Time

IBM Analyst Recommendations By Month

IBM Price Targets by Month

International Business Machines Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy International Business Machines Stock? IBM Pros and Cons Explained

International Business Machines Bull Case

International Business Machines Bear Case

IBM Forecast - Frequently Asked Questions

What is International Business Machines' forecast for 2026?

Should I buy or sell International Business Machines stock right now?

Does International Business Machines's stock price have much upside?

Has International Business Machines been upgraded or downgraded by Wall Street analysts recently?

What analysts cover International Business Machines?

Do Wall Street analysts like International Business Machines more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With International Business Machines Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

International Business Machines
Bull Case

International Business Machines
Bear Case