International Business Machines (IBM) Stock Forecast & Price Target

$214.16 +7.51 (+3.63%)

Closing price 07/24/2026 03:59 PM Eastern

Extended Trading

$213.10 -1.06 (-0.49%)

As of 07/24/2026 07:34 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 27 Analyst Ratings

Sell
1

Hold
11

Buy
15

Based on 27 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 27 analysts, 1 has given a sell rating, 11 have given a hold rating, and 15 have given a buy rating for IBM.

Consensus Price Target

$265.40
23.93% Upside

According to the 27 analysts' twelve-month price targets for International Business Machines, the average price target is $265.40. The highest price target for IBM is $350.00, while the lowest price target for IBM is $175.00. The average price target represents a forecasted upside of 23.93% from the current price of $214.16.

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 7/25/25 to 7/25/26	1 Month Ago 6/25/25 to 6/25/26	3 Months Ago 4/26/25 to 4/26/26	1 Year Ago 7/25/24 to 7/25/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	15 Buy rating(s)	17 Buy rating(s)	12 Buy rating(s)	8 Buy rating(s)
Hold	11 Hold rating(s)	9 Hold rating(s)	6 Hold rating(s)	8 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$265.40	$306.94	$300.25	$268.75
Forecasted Upside	23.93% Upside	18.81% Upside	29.49% Upside	3.49% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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	Broader Market
Consensus Rating Score	2.52	2.29	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	23.93% Upside	214.36% Upside	14.30% Upside
News Sentiment Rating	Neutral 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

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/24/2026	Susquehanna 5 of 5 stars	James Friedman 1 of 5 stars	Lower Target	Neutral	$303.00 ➝ $225.00	+6.83%
7/24/2026	Citigroup 4 of 5 stars	Fatima Boolani 2 of 5 stars	Lower Target	Buy	$255.00 ➝ $245.00	+13.80%
7/23/2026	BMO Capital Markets 3 of 5 stars	Keith Bachman 1 of 5 stars	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		$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%
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%
7/21/2026	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	$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%
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.
7/17/2026	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	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	Set Target	Reduce	$175.00	-19.65%
7/16/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform
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
7/6/2026	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 ➝ $330.00	+14.21%
6/24/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy (B-) ➝ Hold (C+)
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	Dan Ives Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$350.00	+10.63%
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	$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
1/29/2026	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
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%
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 Saturday at 06:57 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, July 23, 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 company has demonstrated a strong return on equity, indicating effective management and profitability, which can be attractive to investors looking for solid financial performance.
International Business Machines Co. has a net margin that reflects its ability to convert revenue into profit, suggesting operational efficiency and potential for growth.
The recent quarterly revenue showed a slight increase compared to the previous year, indicating stability and resilience in its business model.
The current stock price is around $150, which may present a buying opportunity for investors looking to enter at a favorable valuation.
International Business Machines Co. has a consistent dividend payout, with a yield of approximately 3.3%, providing income to investors in addition to potential capital appreciation.

International Business Machines
Bear Case

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

The company's recent revenue fell short of analyst estimates, which may raise concerns about its growth prospects and ability to meet market expectations.
Despite a positive net margin, the overall growth rate is modest, which could indicate challenges in expanding market share or adapting to industry changes.
Institutional ownership is significant, which can lead to volatility if large investors decide to sell their positions, impacting stock price stability.
The payout ratio is relatively high, suggesting that a large portion of earnings is distributed as dividends, which may limit funds available for reinvestment in growth initiatives.
Market competition in the technology sector is intense, and International Business Machines Co. may face challenges in maintaining its competitive edge against emerging players.

IBM Forecast - Frequently Asked Questions

According to the research reports of 27 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $265.40, with a high forecast of $350.00 and a low forecast of $175.00.

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last year. There is currently 1 sell rating, 11 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IBM shares.

According to analysts, International Business Machines's stock has a predicted upside of 23.93% based on their 12-month stock forecasts.

Over the previous 90 days, International Business Machines's stock had 7 downgrades and 6 upgrades by analysts.

International Business Machines has been rated by research analysts at Argus, Bank of America, Barclays, BMO Capital Markets, Citigroup, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Robert W. Baird, Roth Capital, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, The Goldman Sachs Group, Wedbush, Weiss Ratings, and Wolfe Research 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 7/25/2026 by MarketBeat.com Staff.

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International Business Machines (IBM) Stock Forecast & Price Target