International Business Machines (IBM) Stock Forecast & Price Target

$223.15 -0.81 (-0.36%)

As of 01/8/2025 03:58 PM Eastern

International Business Machines - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Hold

Based on 16 Analyst Ratings

Sell
2

Hold
8

Buy
6

Based on 16 Wall Street analysts who have issued ratings for International Business Machines in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 2 have given a sell rating, 8 have given a hold rating, and 6 have given a buy rating for IBM.

Consensus Price Target

$214.88
-3.71% Downside

According to the 16 analysts' twelve-month price targets for International Business Machines, the average price target is $214.88. The highest price target for IBM is $260.00, while the lowest price target for IBM is $145.00. The average price target represents a forecasted downside of -3.71% from the current price of $223.15.

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IBM Analyst Ratings Over Time

Type	Current Forecast 1/11/24 to 1/10/25	1 Month Ago 12/12/23 to 12/11/24	3 Months Ago 10/13/23 to 10/12/24	1 Year Ago 1/11/23 to 1/11/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$214.88	$208.12	$198.41	$151.77
Forecasted Upside	-3.71% Downside	-9.56% Downside	-14.94% Downside	-6.40% Downside
Consensus Rating	Hold	Hold	Hold	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	2.25	2.68	2.52
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-3.71% Downside	262.03% Upside	14.87% 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 to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/3/2025	Sanford C. Bernstein 3 of 5 stars		Boost Target	Market Perform ➝ Market Perform	$210.00 ➝ $215.00	-3.17%
12/16/2024	Morgan Stanley 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$208.00 ➝ $222.00	-4.15%
10/24/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$250.00 ➝ $250.00	+14.91%
10/24/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$235.00 ➝ $260.00	+11.71%
10/21/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$200.00 ➝ $245.00	+5.51%
10/16/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$205.00 ➝ $246.00	+5.77%
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10/9/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$209.00 ➝ $250.00	+6.60%
10/3/2024	Bernstein Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$185.00 ➝ $210.00	-5.25%
10/2/2024	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$215.00	-1.99%
9/30/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Schneider Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$220.00 ➝ $250.00	+13.20%
9/11/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$215.00 ➝ $240.00	+17.23%
9/4/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$130.00 ➝ $145.00	-28.55%
7/26/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Kanumuri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Sell
5/2/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform	$145.00	-11.78%
4/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$190.00 ➝ $185.00	+9.83%
4/25/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$140.00 ➝ $160.00	-13.05%
1/19/2024	Evercore Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	In-Line ➝ Outperform	$165.00 ➝ $200.00	+17.01%
1/5/2024	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold ➝ Sell	$143.00	-11.10%
4/13/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$165.00 ➝ $162.00	+26.03%
2/6/2023	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/26/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$140.00 ➝ $145.00	+3.01%
1/24/2023	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Market Perform	$140.00	+4.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:07 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, December 26, 2024. 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.:

International Business Machines Co. reported a quarterly earnings per share (EPS) of $2.30, exceeding analysts' expectations of $2.27, indicating strong financial performance and effective management.
The company has a robust return on equity of 40.52%, suggesting that it is highly efficient in generating profits from its equity investments, which is attractive to investors looking for strong returns.
Recent revenue growth of 1.5% compared to the same quarter last year demonstrates resilience in a competitive market, which may indicate potential for future growth.
The current stock price is approximately $215.20, which reflects a stable valuation in the technology sector, making it a potentially attractive entry point for new investors.
International Business Machines Co. has a consistent dividend payout, with a recent quarterly dividend of $1.67 per share, translating to an annualized dividend yield of 2.89%, appealing to income-focused investors.

International Business Machines
Bear Case

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

The company has a high payout ratio of 97.23%, which indicates that it is returning nearly all of its earnings to shareholders as dividends, leaving little room for reinvestment in growth opportunities.
Recent analyst downgrades, including a shift from a "buy" to a "hold" rating by StockNews.com, may signal concerns about the company's future performance and market competitiveness.
Despite a slight revenue increase, the company fell short of analysts' revenue expectations of $15.08 billion, which could raise questions about its growth trajectory.
With three analysts rating the stock as a sell and only six as a buy, the overall market sentiment appears cautious, which could lead to downward pressure on the stock price.
Insider selling activity, such as the recent sale of 3,600 shares by a senior vice president, may indicate a lack of confidence in the company's short-term prospects, which could concern potential investors.

IBM Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $214.88, with a high forecast of $260.00 and a low forecast of $145.00.
: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" IBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IBM, but not buy additional shares or sell existing shares.
: According to analysts, International Business Machines's stock has a predicted downside of -3.71% based on their 12-month stock forecasts.
: International Business Machines has been rated by research analysts at BMO Capital Markets, Jefferies Financial Group, Morgan Stanley, Royal Bank of Canada, Sanford C. Bernstein, and Stifel Nicolaus in the past 90 days.
: Analysts like International Business Machines less than other "computer and technology" companies. The consensus rating for International Business Machines is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how IBM compares to other companies.

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This page (NYSE:IBM) was last updated on 1/10/2025 by MarketBeat.com Staff

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International Business Machines (IBM) Stock Forecast & Price Target