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IBM

IBMNYSE
Logo brought to you by Benzinga Data
$191.75
-0.23-0.12%
At Close: -
$191.80
0.050.03%
After Hours: 7:58 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Wed Jul 24th, after the market close
The most recent conference call was at 17:00 PM, 3 days ago Click to view past webcast
Consensus Rating1
Outperform
Highest Price Target1
$220.00
Lowest Price Target1
$130.00
Consensus Price Target1
$174.82

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IBM (NYSE:IBM) Stock, Analyst Ratings, Price Targets, Forecasts

International Business Machines Corp has a consensus price target of $174.82 based on the ratings of 24 analysts. The high is $220 issued by B of A Securities on March 14, 2024. The low is $130 issued by UBS on April 22, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Jefferies, and BMO Capital on July 25, 2024, respectively. With an average price target of $207 between RBC Capital, Jefferies, and BMO Capital, there's an implied 7.92% upside for International Business Machines Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
4
1
Apr
2
1
May
0
0
0
0
Jun
1
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Jefferies
BMO Capital
Stifel
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for IBM

Buy NowGet Alert
07/25/2024Buy Now10.01%RBC Capital
Matthew Swanson
$200 → $211MaintainsOutperformGet Alert
07/25/2024Buy Now4.28%Jefferies
Brent Thill
$190 → $200MaintainsHoldGet Alert
07/25/2024Buy Now9.49%BMO Capital
Keith Bachman
$190 → $210MaintainsMarket PerformGet Alert
07/25/2024Buy Now6.88%Stifel
David Grossman
$190 → $205MaintainsBuyGet Alert
06/24/2024Buy Now4.28%Goldman Sachs
James Schneider
→ $200Initiates → BuyGet Alert
05/22/2024Buy Now4.28%RBC Capital
Matthew Swanson
→ $200ReiteratesOutperform → OutperformGet Alert
05/16/2024Buy Now4.28%RBC Capital
Matthew Swanson
→ $200ReiteratesOutperform → OutperformGet Alert
05/16/2024Buy Now-0.94%Stifel
David Grossman
$190 → $190MaintainsBuyGet Alert
05/02/2024Buy Now-24.4%Exane BNP Paribas
Stefan Slowinski
→ $145Initiates → UnderperformGet Alert
04/26/2024Buy Now-6.67%Morgan Stanley
Erik Woodring
$186 → $179MaintainsEqual-WeightGet Alert
04/25/2024Buy Now-3.55%JP Morgan
Brian Essex
$190 → $185MaintainsNeutralGet Alert
04/25/2024Buy Now-0.94%BMO Capital
Keith Bachman
$210 → $190MaintainsMarket PerformGet Alert
04/25/2024Buy Now-16.58%Wedbush
Moshe Katri
$140 → $160MaintainsNeutralGet Alert
04/25/2024Buy Now-0.94%Jefferies
Brent Thill
$210 → $190MaintainsHoldGet Alert
04/23/2024Buy Now9.49%Jefferies
Brent Thill
$215 → $210MaintainsHoldGet Alert
04/22/2024Buy Now-32.22%UBS
David Vogt
$125 → $130MaintainsSellGet Alert
04/17/2024Buy Now-0.94%Stifel
David Grossman
$190 → $190MaintainsBuyGet Alert
03/14/2024Buy Now14.7%B of A Securities
Wamsi Mohan
$200 → $220MaintainsBuyGet Alert
03/07/2024Buy Now-3.02%Bernstein
Toni Sacconaghi
$165 → $186MaintainsMarket PerformGet Alert
01/25/2024Buy Now4.28%RBC Capital
Matthew Swanson
$179 → $200MaintainsOutperformGet Alert
01/25/2024Buy Now9.49%BMO Capital
Keith Bachman
$155 → $210MaintainsMarket PerformGet Alert
01/25/2024Buy Now-0.94%Stifel
David Grossman
$183 → $190MaintainsBuyGet Alert
01/22/2024Buy Now-4.59%Stifel
David Grossman
$144 → $183MaintainsBuyGet Alert
01/19/2024Buy Now4.28%Evercore ISI Group
Amit Daryanani
$165 → $200UpgradeIn-Line → OutperformGet Alert
01/05/2024Buy Now-6.15%Jefferies
Brent Thill
→ $180Initiates → HoldGet Alert
01/05/2024Buy Now-25.44%Societe Generale
Richard Nguyen
→ $143DowngradeHold → SellGet Alert
11/13/2023Buy Now-27.01%Wedbush
Moshe Katri
→ $140ReiteratesNeutral → NeutralGet Alert
10/26/2023Buy Now-6.67%RBC Capital
Matthew Swanson
$188 → $179MaintainsOutperformGet Alert
10/26/2023Buy Now-19.19%BMO Capital
Keith Bachman
$152 → $155MaintainsMarket PerformGet Alert
10/26/2023Buy Now-27.01%Wedbush
Moshe Katri
→ $140ReiteratesNeutral → NeutralGet Alert
10/17/2023Buy Now-32.22%Morgan Stanley
Erik Woodring
$135 → $130MaintainsEqual-WeightGet Alert
09/20/2023Buy Now-1.98%RBC Capital
Amit Daryanani
→ $188Initiates → OutperformGet Alert
07/20/2023Buy Now-16.58%B of A Securities
Wamsi Mohan
$152 → $160MaintainsBuyGet Alert
07/20/2023Buy Now-24.92%Stifel
David Grossman
$140 → $144MaintainsBuyGet Alert
07/20/2023Buy Now-29.61%Morgan Stanley
Erik Woodring
$135 → $135ReiteratesEqual-Weight → Equal-WeightGet Alert
07/20/2023Buy Now-27.01%Wedbush
Moshe Katri
→ $140ReiteratesNeutral → NeutralGet Alert
07/20/2023Buy Now-20.75%BMO Capital
Keith Bachman
$150 → $152MaintainsMarket PerformGet Alert
07/17/2023Buy Now-21.79%BMO Capital
Keith Bachman
$145 → $150MaintainsMarket PerformGet Alert
07/12/2023Buy Now-29.61%Morgan Stanley
Erik Woodring
$135 → $135ReiteratesEqual-Weight → Equal-WeightGet Alert
07/11/2023Buy Now-15.54%Credit Suisse
Shannon Cross
→ $162ReiteratesOutperform → OutperformGet Alert
07/07/2023Buy Now-24.4%JP Morgan
Brian Essex
→ $145Initiates → NeutralGet Alert
06/26/2023Buy Now-15.54%Credit Suisse
Shannon Cross
$162 → $162ReiteratesOutperform → OutperformGet Alert
04/27/2023Buy Now-27.01%Wedbush
Moshe Katri
→ $140Reiterates → NeutralGet Alert
04/20/2023Buy Now-24.4%BMO Capital
Keith Bachman
$155 → $145MaintainsMarket PerformGet Alert
04/20/2023Buy Now-27.01%Evercore ISI Group
Amit Daryanani
$150 → $140MaintainsIn-LineGet Alert
04/20/2023Buy Now-27.01%Stifel
David Grossman
$150 → $140MaintainsBuyGet Alert
04/20/2023Buy Now-29.61%Morgan Stanley
Erik Woodring
$143 → $135MaintainsEqual-WeightGet Alert
04/13/2023Buy Now-15.54%Credit Suisse
Shannon Cross
$165 → $162MaintainsOutperformGet Alert
02/06/2023Buy NowEdward Jones
Logan Purk
DowngradeBuy → HoldGet Alert
01/26/2023Buy Now-24.4%Citigroup
Jim Suva
$140 → $145MaintainsNeutralGet Alert
01/26/2023Buy Now-19.19%BMO Capital
Keith Bachman
$148 → $155MaintainsMarket PerformGet Alert
01/23/2023Buy Now-17.62%Stifel
David Grossman
$140 → $158MaintainsBuyGet Alert
01/19/2023Buy Now-27.01%MoffettNathanson
Lisa Ellis
→ $140UpgradeUnderperform → Market PerformGet Alert
01/18/2023Buy Now-22.84%Morgan Stanley
Erik Woodring
$152 → $148DowngradeOverweight → Equal-WeightGet Alert
10/20/2022Buy Now-19.19%Credit Suisse
Shannon Cross
$158 → $155MaintainsOutperformGet Alert
10/17/2022Buy Now-27.01%Stifel
David Grossman
$150 → $140MaintainsBuyGet Alert
10/06/2022Buy Now-20.75%Morgan Stanley
Erik Woodring
$155 → $152MaintainsOverweightGet Alert
07/20/2022Buy Now-18.67%Credit Suisse
Sami Badri
$166 → $156MaintainsOutperformGet Alert
07/19/2022Buy Now-19.19%Morgan Stanley
Erik Woodring
$157 → $155MaintainsOverweightGet Alert
07/19/2022Buy Now-22.84%BMO Capital
Keith Bachman
$152 → $148MaintainsMarket PerformGet Alert
04/21/2022Buy Now-27.53%Tigress Financial
Ivan Feinseth
$133 → $139MaintainsNeutralGet Alert
04/20/2022Buy Now-18.14%Morgan Stanley
Erik Woodring
$150 → $157MaintainsOverweightGet Alert
04/20/2022Buy Now-20.75%BMO Capital
Keith Bachman
$148 → $152MaintainsMarket PerformGet Alert
04/20/2022Buy Now-13.45%Credit Suisse
Sami Badri
$165 → $166MaintainsOutperformGet Alert
04/20/2022Buy Now-13.97%B of A Securities
Wamsi Mohan
$162 → $165MaintainsBuyGet Alert
04/14/2022Buy Now-21.79%Morgan Stanley
Erik Woodring
$147 → $150UpgradeEqual-Weight → OverweightGet Alert
04/13/2022Buy Now-22.84%BMO Capital
Keith Bachman
$155 → $148MaintainsMarket PerformGet Alert
01/25/2022Buy Now-19.19%BMO Capital
Keith Bachman
$153 → $155MaintainsMarket PerformGet Alert
01/11/2022Buy Now-35.35%UBS
David Vogt
$136 → $124DowngradeNeutral → SellGet Alert
01/10/2022Buy NowGoldman Sachs
Brian Essex
Initiates → NeutralGet Alert
10/21/2021Buy Now-10.32%Credit Suisse
Matthew Cabral
MaintainsOutperformGet Alert
10/05/2021Buy Now-8.24%Credit Suisse
Matthew Cabral
MaintainsOutperformGet Alert
10/01/2021Buy Now-11.37%Jefferies
Kyle Mcnealy
Initiates → BuyGet Alert

FAQ

Q

What is the target price for IBM (IBM) stock?

A

The latest price target for IBM (NYSE:IBM) was reported by RBC Capital on July 25, 2024. The analyst firm set a price target for $211.00 expecting IBM to rise to within 12 months (a possible 10.01% upside). 32 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for IBM (IBM)?

A

The latest analyst rating for IBM (NYSE:IBM) was provided by RBC Capital, and IBM maintained their outperform rating.

Q

When was the last upgrade for IBM (IBM)?

A

The last upgrade for International Business Machines Corp happened on January 19, 2024 when Evercore ISI Group raised their price target to $200. Evercore ISI Group previously had an in-line for International Business Machines Corp.

Q

When was the last downgrade for IBM (IBM)?

A

The last downgrade for International Business Machines Corp happened on January 5, 2024 when Societe Generale changed their price target from N/A to $143 for International Business Machines Corp.

Q

When is the next analyst rating going to be posted or updated for IBM (IBM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of IBM, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for IBM was filed on July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.

Q

Is the Analyst Rating IBM (IBM) correct?

A

While ratings are subjective and will change, the latest IBM (IBM) rating was a maintained with a price target of $200.00 to $211.00. The current price IBM (IBM) is trading at is $191.80, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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