International Business Machines (IBM) Stock Forecast & Price Target

$287.85 -7.45 (-2.52%)

Closing price 07/10/2026 03:59 PM Eastern

Extended Trading

$288.00 +0.15 (+0.05%)

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

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

Consensus Rating

Moderate Buy

Based on 25 Analyst Ratings

Sell
0

Hold
9

Buy
16

Based on 25 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 25 analysts, 9 have given a hold rating, and 16 have given a buy rating for IBM.

Consensus Price Target

$306.28
6.40% Upside

According to the 25 analysts' twelve-month price targets for International Business Machines, the average price target is $306.28. The highest price target for IBM is $375.00, while the lowest price target for IBM is $231.00. The average price target represents a forecasted upside of 6.40% from the current price of $287.85.

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 7/11/25 to 7/11/26	1 Month Ago 6/11/25 to 6/11/26	3 Months Ago 4/12/25 to 4/12/26	1 Year Ago 7/11/24 to 7/11/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	16 Buy rating(s)	15 Buy rating(s)	11 Buy rating(s)	8 Buy rating(s)
Hold	9 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$306.28	$304.17	$309.63	$259.06
Forecasted Upside	6.40% Upside	10.59% Upside	34.22% Upside	-8.57% Downside
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	2.64	2.28	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	5.71% Upside	188.78% Upside	13.83% 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

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/10/2026	Susquehanna 4 of 5 stars	James Friedman 1 of 5 stars	Initiated Coverage	Neutral	$303.00	+2.79%
7/6/2026	Bank of America 4 of 5 stars	Wamsi Mohan 5 of 5 stars	Boost Target	Buy	$315.00 ➝ $330.00	+14.21%
6/24/2026	Weiss Ratings 5 of 5 stars		Downgrade	Buy (B-) ➝ Hold (C+)
6/23/2026	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	Initiated Coverage	Buy
6/23/2026	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	Upgrade	Equal Weight ➝ Overweight
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
6/23/2026	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
6/23/2026	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	Upgrade	Neutral ➝ Overweight	$270.00 ➝ $291.00	+15.02%
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.
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	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	Boost Target	Buy	$285.00 ➝ $375.00	+13.73%
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%
6/1/2026	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	Initiated Coverage	Equal Weight ➝ Overweight	$350.00	+17.35%
5/22/2026	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	Set Target		$290.00	+11.40%
4/28/2026	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	Upgrade	Reduce ➝ Hold	$218.00 ➝ $231.00	+1.32%
4/24/2026	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy	$295.00	+27.26%
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%
4/16/2026	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%
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
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 Saturday at 01:26 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 Sunday, July 5, 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 $288.95, which reflects a strong market capitalization of approximately $271.58 billion, indicating robust investor confidence.
International Business Machines Co. has recently reported a quarterly revenue increase of 9.5% compared to the same quarter last year, showcasing its growth potential in a competitive market.
The company has a diverse range of segments, including Software and Consulting, which allows it to adapt to various market demands and technological advancements.
With a return on equity of 37.23%, International Business Machines Co. demonstrates effective management and profitability, which can be attractive to investors seeking solid returns.
The firm has a history of increasing dividends, with a recent boost to $1.69 per share, reflecting a commitment to returning value to shareholders.

International Business Machines
Bear Case

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

The company has a relatively high debt-to-equity ratio of 1.75, which may indicate financial risk and could affect its ability to invest in growth opportunities.
Despite recent revenue growth, the stock has seen fluctuations, with a 12-month high of $332.46 and a low of $212.34, suggesting volatility that may concern risk-averse investors.
Analysts have mixed ratings, with some downgrading the stock to a "sector weight," indicating uncertainty about its future performance.
The P/E ratio of 25.55 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
International Business Machines Co. operates in a highly competitive industry, facing challenges from other technology firms that could impact its market share and profitability.

IBM Forecast - Frequently Asked Questions

According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $306.28, with a high forecast of $375.00 and a low forecast of $231.00.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last year. There are currently 9 hold ratings and 16 buy ratings 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 6.40% based on their 12-month stock forecasts.

Over the previous 90 days, International Business Machines's stock had 6 upgrades and 5 downgrades by analysts.

International Business Machines has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, DZ Bank, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Roth Capital, Royal Bank Of Canada, Stifel Nicolaus, Susquehanna, 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 7/11/2026 by MarketBeat.com Staff.

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International Business Machines (IBM) Stock Forecast & Price Target