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International Business Machines Corp has a consensus price target of $192.15 based on the ratings of 22 analysts. The high is $260 issued by BMO Capital on October 24, 2024. The low is $139 issued by Tigress Financial on April 21, 2022. The 3 most-recent analyst ratings were released by RBC Capital, Morgan Stanley, and BMO Capital on October 24, 2024, respectively. With an average price target of $239.33 between RBC Capital, Morgan Stanley, and BMO Capital, there's an implied 11.53% upside for International Business Machines Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for IBM (NYSE:IBM) was reported by RBC Capital on October 24, 2024. The analyst firm set a price target for $250.00 expecting IBM to rise to within 12 months (a possible 16.50% upside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for IBM (NYSE:IBM) was provided by RBC Capital, and IBM reiterated their outperform rating.
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.
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.
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 October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.
While ratings are subjective and will change, the latest IBM (IBM) rating was a reiterated with a price target of $250.00 to $250.00. The current price IBM (IBM) is trading at is $214.60, which is out of the analyst’s predicted range.
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