International Business Machines (IBM) Stock Forecast & Price Target

$231.23 +5.49 (+2.43%)

Closing price 05/7/2026 03:59 PM Eastern

Extended Trading

$229.06 -2.17 (-0.94%)

As of 07:24 AM Eastern

Compare

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

$294.41
27.33% Upside

According to the 20 analysts' twelve-month price targets for International Business Machines, the average price target is $294.41. 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 27.33% from the current price of $231.23.

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 5/8/25 to 5/8/26	1 Month Ago 4/8/25 to 4/8/26	3 Months Ago 2/7/25 to 2/7/26	1 Year Ago 5/8/24 to 5/8/25
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	$294.41	$311.27	$330.07	$248.50
Forecasted Upside	27.33% Upside	28.83% Upside	10.36% Upside	-2.26% 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	27.33% Upside	157.34% Upside	14.94% 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
5/6/2026	Royal Bank Of Canada 3 of 5 stars	Matthew Swanson 1 of 5 stars	Lower Target	Outperform	$330.00 ➝ $300.00	+32.05%
5/6/2026	Wedbush 5 of 5 stars	Dan Ives Not Rated	Reiterated Rating	Outperform	$320.00	+39.73%
5/4/2026	Weiss Ratings Not Rated		Downgrade	Buy (B) ➝ Buy (B-)
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%
4/23/2026	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%
4/20/2026	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%
4/16/2026	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 Friday at 07:26 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 Wednesday, May 6, 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 $232, which may present a buying opportunity for investors looking for value in the tech sector.
International Business Machines Co. recently reported a quarterly revenue increase of 9.5% compared to the same quarter last year, indicating strong growth potential.
The company has a solid return on equity of over 37%, suggesting effective management and profitability in generating returns for shareholders.
With a dividend yield of approximately 3.0%, investors can benefit from regular income in addition to potential capital appreciation.
Analysts have a consensus rating of "Moderate Buy" for the stock, with several firms recently upgrading their ratings, indicating positive sentiment in the market.

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 reliance on borrowed funds.
Recent headlines suggest short-term stock volatility due to execution risks associated with partnership announcements, which could affect investor confidence.
Despite recent revenue growth, the stock has experienced softness, indicating potential challenges in maintaining momentum in a competitive market.
Some analysts have downgraded their target prices for the stock, reflecting concerns about future performance and market conditions.
The current P/E ratio of around 20.54 may suggest that the stock is overvalued compared to its earnings, which could deter value-focused investors.

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 $294.41, with a high forecast of $360.00 and a low forecast of $225.00.
: 20 Wall Street equities research 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 equities research analysts is that investors should "moderate buy" IBM shares.
: According to analysts, International Business Machines's stock has a predicted upside of 27.33% based on their 12-month stock forecasts.
: Over the previous 90 days, International Business Machines's stock had 4 upgrades and 2 downgrades 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.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With International Business Machines Recommendations

This page (NYSE:IBM) was last updated on 5/8/2026 by MarketBeat.com Staff.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

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

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