Free Trial

International Business Machines (IBM) Stock Forecast & Price Target

International Business Machines logo
$243.59 -2.14 (-0.87%)
Closing price 08/29/2025 03:59 PM Eastern
Extended Trading
$243.12 -0.47 (-0.19%)
As of 08/29/2025 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

International Business Machines - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
1
Hold
9
Buy
9

Based on 19 Wall Street analysts who have issued ratings for International Business Machines in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 1 has given a sell rating, 9 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for IBM.

Consensus Price Target

$268.75
10.33% Upside
According to the 19 analysts' twelve-month price targets for International Business Machines, the average price target is $268.75. The highest price target for IBM is $325.00, while the lowest price target for IBM is $200.00. The average price target represents a forecasted upside of 10.33% from the current price of $243.59.
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.

Sign Up
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

TypeCurrent Forecast
8/31/24 to 8/31/25
1 Month Ago
8/1/24 to 8/1/25
3 Months Ago
6/2/24 to 6/2/25
1 Year Ago
9/1/23 to 8/31/24
Strong Buy
1 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$268.75$268.75$249.06$184.93
Forecasted Upside10.33% Upside7.49% Upside-5.60% Downside-8.51% Downside
Consensus Rating
Hold
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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

International Business Machines Stock vs. The Competition

TypeInternational Business MachinesComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.47
2.66
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside10.33% Upside63.91% Upside10.22% Upside
News Sentiment Rating
Positive News

See Recent IBM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/14/2025Erste Group Bank
3 of 5 stars
 DowngradeBuy ➝ Hold
7/24/2025JPMorgan Chase & Co.
2 of 5 stars
Brian Essex
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetNeutral ➝ Neutral$244.00 ➝ $290.00+11.68%
7/24/2025UBS Group
3 of 5 stars
David Vogt
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetSell ➝ Sell$195.00 ➝ $200.00-23.01%
7/24/2025Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Wamsi Mohan
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetBuy ➝ Buy$320.00 ➝ $310.00+9.92%
7/18/2025BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Keith Bachman
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetMarket Perform ➝ Market Perform$260.00 ➝ $300.00+6.37%
7/17/2025Royal Bank Of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Matthew Swanson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetOutperform ➝ Outperform$285.00 ➝ $315.00+11.28%
7/16/2025Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
David Grossman
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$290.00 ➝ $310.00+9.89%
7/7/2025Melius Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Reitzes
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
7/2/2025The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
James Schneider
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$270.00 ➝ $310.00+7.27%
6/20/2025Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Ives
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetOutperform ➝ Outperform$300.00 ➝ $325.00+14.78%
5/10/2025Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Outperform
4/24/2025KGI Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Rob Chang
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set TargetHold$242.00+5.54%
4/24/2025Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Erik Woodring
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetEqual Weight ➝ Equal Weight$237.00 ➝ $233.00+1.80%
4/23/2025Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHold ➝ Hold
2/11/2025Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Param Singh
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageOutperform$320.00+28.54%
1/3/2025Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform ➝ Market Perform$210.00 ➝ $215.00-3.17%
10/3/2024Bernstein Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform ➝ Market Perform$185.00 ➝ $210.00-5.25%
10/2/2024DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$215.00-1.99%
9/11/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$215.00 ➝ $240.00+17.23%
7/26/2024Hsbc Global Res
Subscribe to MarketBeat All Access for the recommendation accuracy rating
P. Kanumuri
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeModerate Sell
5/2/2024BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageUnderperform$145.00-11.78%
1/19/2024Evercore
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeIn-Line ➝ Outperform$165.00 ➝ $200.00+17.01%
1/5/2024Societe Generale
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHold ➝ Sell$143.00-11.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:25 PM 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 Saturday, August 30, 2025. Please send any questions or comments about these International Business Machines pros and cons to contact@marketbeat.com.

International Business Machines
Bull Case

green Wall Street bull icon

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

  • The company recently reported strong quarterly earnings, with earnings per share (EPS) of $2.80, exceeding expectations and indicating solid financial performance.
  • International Business Machines Co. has a robust market capitalization of approximately $226.39 billion, reflecting its significant presence and stability in the technology sector.
  • The current stock price is around $243.59, which may present a buying opportunity for investors looking to enter at a lower price point compared to its 12-month high.
  • With a return on equity of 37.62%, the company demonstrates effective management and profitability, which can be attractive to investors seeking strong returns.
  • The firm has a consistent dividend payout, with an annualized dividend of $6.72, providing a yield of 2.8%, which can be appealing for income-focused investors.

International Business Machines
Bear Case

red Wall Street bear icon

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

  • The company's payout ratio is currently at 109.09%, indicating that it is paying out more in dividends than it earns, which could raise concerns about sustainability.
  • Despite recent earnings growth, the price-to-earnings (P/E) ratio stands at 39.54, suggesting that the stock may be overvalued compared to its earnings, which could deter value investors.
  • International Business Machines Co. has a beta of 0.69, indicating lower volatility compared to the market, which may not appeal to investors looking for high-growth opportunities.
  • Analyst ratings are mixed, with a consensus rating of "Hold," suggesting uncertainty about the stock's future performance and potential for growth.
  • The stock has experienced fluctuations, with a 12-month low of $198.27, indicating potential risks for investors regarding price stability.

IBM Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $268.75, with a high forecast of $325.00 and a low forecast of $200.00.

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last year. There is currently 1 sell rating, 9 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IBM, but not buy additional shares or sell existing shares.

According to analysts, International Business Machines's stock has a predicted upside of 10.33% based on their 12-month stock forecasts.

Over the previous 90 days, International Business Machines's stock had 1 upgrade and 1 downgrade by analysts.

International Business Machines has been rated by research analysts at Bank of America, BMO Capital Markets, Erste Group Bank, JPMorgan Chase & Co., Melius Research, Royal Bank Of Canada, Stifel Nicolaus, The Goldman Sachs Group, UBS Group, and Wedbush in the past 90 days.

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


This page (NYSE:IBM) was last updated on 8/31/2025 by MarketBeat.com Staff
From Our Partners