International Business Machines (IBM) Stock Forecast & Price Target

$229.01 -0.47 (-0.21%)

Closing price 03:59 PM Eastern

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$228.80 -0.21 (-0.09%)

As of 07:59 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 20 Analyst Ratings

Sell
0

Hold
7

Buy
13

Based on 20 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 20 analysts, 7 have given a hold rating, 12 have given a buy rating, and 1 has given a strong buy rating for IBM.

Consensus Price Target

$296.18
29.33% Upside

According to the 20 analysts' twelve-month price targets for International Business Machines, the average price target is $296.18. The highest price target for IBM is $360.00, while the lowest price target for IBM is $225.00. The average price target represents a forecasted upside of 29.33% from the current price of $229.01.

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.

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IBM Analyst Ratings Over Time

Type	Current Forecast 5/5/25 to 5/5/26	1 Month Ago 4/5/25 to 4/5/26	3 Months Ago 2/4/25 to 2/4/26	1 Year Ago 5/5/24 to 5/5/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	12 Buy rating(s)	11 Buy rating(s)	12 Buy rating(s)	7 Buy rating(s)
Hold	7 Hold rating(s)	8 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$296.18	$314.60	$330.07	$248.50
Forecasted Upside	29.33% Upside	26.93% Upside	14.24% Upside	-0.29% 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	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.70	2.30	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	29.26% Upside	155.79% Upside	14.87% Upside
News Sentiment Rating	Positive News See Recent IBM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
4/28/2026	HSBC 3 of 5 stars	Abhishek Shukla Not Rated	Upgrade	Reduce ➝ Hold	$218.00 ➝ $231.00	+1.32%
4/24/2026	DZ Bank 3 of 5 stars		Upgrade	Hold ➝ Buy	$295.00	+27.26%
4/23/2026	Wedbush 5 of 5 stars	Daniel Ives 3 of 5 stars	Lower Target	Outperform	$340.00 ➝ $320.00	+42.13%
4/23/2026	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	$290.00 ➝ $270.00	+7.26%
4/23/2026	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	Boost Target	Equal Weight	$215.00 ➝ $225.00	-10.62%
4/21/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy (B)
4/20/2026	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	$370.00 ➝ $320.00	+26.23%
4/17/2026	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	Lower Target	Outperform	$361.00 ➝ $330.00	+29.67%
4/16/2026	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	Lower Target	Outperform	$380.00 ➝ $320.00	+29.46%
4/10/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Outperform ➝ Buy	$285.00	+20.10%
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.
4/8/2026	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	$340.00 ➝ $290.00	+17.93%
3/18/2026	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	Neutral	$317.00 ➝ $283.00	+11.36%
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	$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
1/30/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$360.00	+17.88%
1/29/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Amit Daryanani Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$330.00 ➝ $345.00	+17.16%
1/19/2026	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Moderate Buy
1/13/2026	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	Boost Target	Buy	$315.00 ➝ $335.00	+7.34%
12/10/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Toni Sacconaghi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Market Perform
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
7/2/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Schneider Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$270.00 ➝ $310.00	+7.27%
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%
10/3/2024	Bernstein Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Market Perform	$185.00 ➝ $210.00	-5.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:28 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 Friday, May 1, 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.:

The current stock price is around $227, which may present a buying opportunity for investors looking for value in the tech sector.
Analysts have recently upgraded their earnings estimates for the company, indicating positive sentiment about its future performance.
International Business Machines Co. has a strong market capitalization of over $214 billion, suggesting stability and a solid position in the market.
Recent upgrades from various analysts, including a "buy" rating from DZ Bank, reflect confidence in the company's growth potential.
The company is actively involved in quantum computing research, which could position it as a leader in this emerging technology sector.

International Business Machines
Bear Case

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

Despite recent earnings beats, the stock has been left out of the AI rerating, indicating potential challenges in gaining momentum compared to pure-play AI peers.
There is cautious sentiment among investors due to the company's perceived slow growth in software and AI, which could hinder stock performance.
Some analysts have lowered their target prices for the stock, suggesting a lack of confidence in its short-term prospects.
The company's debt-to-equity ratio is relatively high at 1.75, which may raise concerns about its financial leverage and risk.
Recent market fluctuations have led to a decline in stock price, which could deter potential investors looking for stability.

IBM Forecast - Frequently Asked Questions

: According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $296.18, with a high forecast of $360.00 and a low forecast of $225.00.
: 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last twelve months. There are currently 7 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IBM shares.
: According to analysts, International Business Machines's stock has a predicted upside of 29.33% based on their 12-month stock forecasts.
: Over the previous 90 days, International Business Machines's stock had 4 upgrades and 1 downgrade by analysts.
: International Business Machines has been rated by research analysts at BMO Capital Markets, Citigroup, DZ Bank, Erste Group Bank, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Royal Bank Of Canada, Stifel Nicolaus, UBS Group, Wedbush, and Weiss Ratings in the past 90 days.
: Analysts like International Business Machines more than other "computer and technology" companies. The consensus rating for International Business Machines is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how IBM compares to other companies.

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This page (NYSE:IBM) was last updated on 5/5/2026 by MarketBeat.com Staff.

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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

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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

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