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International Business Machines (IBM) Stock Forecast & Price Target

International Business Machines logo
$204.99 -4.00 (-1.91%)
(As of 11/15/2024 ET)
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International Business Machines - Analysts' Recommendations and Stock Price Forecast (2024)

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 17 Analyst Ratings
Sell
3
Hold
8
Buy
6

Based on 17 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 17 analysts, 3 have given a sell rating, 8 have given a hold rating, and 6 have given a buy rating for IBM.

Consensus Price Target

$208.12
1.53% Upside
According to the 17 analysts' twelve-month price targets for International Business Machines, the average price target is $208.12. The highest price target for IBM is $260.00, while the lowest price target for IBM is $143.00. The average price target represents a forecasted upside of 1.53% from the current price of $204.99.
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IBM Analyst Ratings Over Time

TypeCurrent Forecast
11/17/23 to 11/16/24		1 Month Ago
10/18/23 to 10/17/24		3 Months Ago
8/19/23 to 8/18/24		1 Year Ago
11/17/22 to 11/17/23
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)
6 Hold rating(s)
7 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$208.12$203.06$184.93$149.09
Forecasted Upside1.53% Upside-12.79% Downside-4.57% Downside-2.49% 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.
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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.
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International Business Machines Stock vs. The Competition

TypeInternational Business MachinesComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.18
2.67
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside1.53% Upside552.02% Upside9.92% Upside
News Sentiment Rating
Positive News

See Recent IBM News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/24/2024Royal Bank of Canada
4 of 5 stars		 Reiterated RatingOutperform ➝ Outperform$250.00 ➝ $250.00+14.91%
10/24/2024Morgan Stanley
3 of 5 stars		 Lower TargetEqual Weight ➝ Equal Weight$217.00 ➝ $208.00-4.43%
10/24/2024BMO Capital Markets
4 of 5 stars		 Boost TargetMarket Perform ➝ Market Perform$235.00 ➝ $260.00+11.71%
10/21/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold ➝ Hold$200.00 ➝ $245.00+5.51%
10/16/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$205.00 ➝ $246.00+5.77%
10/9/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$209.00 ➝ $250.00+6.60%
10/3/2024Bernstein Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetMarket Perform ➝ Market Perform$185.00 ➝ $210.00-5.25%
10/2/2024DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Hold$215.00-1.99%
9/30/2024The 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 TargetBuy ➝ Buy$220.00 ➝ $250.00+13.20%
9/11/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$215.00 ➝ $240.00+17.23%
9/4/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetSell ➝ Sell$130.00 ➝ $145.00-28.55%
7/26/2024Hsbc Global Res
Subscribe to MarketBeat All Access for the recommendation accuracy rating		P. Kanumuri
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeModerate Sell
5/2/2024BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageUnderperform$145.00-11.78%
4/25/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral ➝ Neutral$190.00 ➝ $185.00+9.83%
4/25/2024Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$140.00 ➝ $160.00-13.05%
3/7/2024Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetMarket Perform ➝ Market Perform$165.00 ➝ $186.00-5.18%
1/19/2024Evercore
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeIn-Line ➝ Outperform$165.00 ➝ $200.00+17.01%
1/5/2024Societe Generale
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingHold ➝ Sell$143.00-11.10%
4/13/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform$165.00 ➝ $162.00+26.03%
2/6/2023Edward Jones
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Hold
1/26/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral$140.00 ➝ $145.00+3.01%
1/24/2023Moffett Nathanson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeUnderperform ➝ 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 Saturday at 07:31 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 Saturday, October 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

green Wall Street bull icon

Here are some ways that investors could benefit from investing in International Business Machines Co.:

  • International Business Machines Co. stock price is currently trading at $226.00, showing a 52-week high of $226.08, indicating positive momentum.
  • International Business Machines Co. reported a return on equity of 40.59% and a net margin of 13.52%, showcasing strong financial performance.
  • Recent analyst reports have upgraded the company's target price, indicating positive sentiment towards future growth.
  • International Business Machines Co. has a dividend payout ratio of 75.65%, offering investors a steady income stream through dividends.
  • Institutional investors have been increasing their stakes in International Business Machines Co., reflecting confidence in the company's long-term prospects.

International Business Machines
Bear Case

red Wall Street bear icon

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

  • Despite recent positive developments, International Business Machines Co. has received multiple sell ratings from research analysts, indicating potential concerns about future performance.
  • The company's average rating is currently "Hold," suggesting uncertainty in the short-term outlook for the stock.
  • International Business Machines Co. has a P/E ratio of 25.59 and a P/E/G ratio of 4.90, which may indicate the stock is currently overvalued compared to its growth prospects.
  • The company's debt-to-equity ratio of 2.20 may raise concerns about its financial leverage and ability to manage debt effectively.
  • While the stock has shown positive movement, the market conditions and competition in the technology sector could pose challenges for International Business Machines Co.'s future growth.

IBM Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $208.12, with a high forecast of $260.00 and a low forecast of $143.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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 upside of 1.53% based on their 12-month stock forecasts.

Over the previous 90 days, International Business Machines's stock had 1 downgrade by analysts.

International Business Machines has been rated by research analysts at Bank of America, Bernstein Bank, BMO Capital Markets, DZ Bank, Evercore ISI, Jefferies Financial Group, Morgan Stanley, Royal Bank of Canada, Stifel Nicolaus, The Goldman Sachs Group, and UBS Group 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 11/16/2024 by MarketBeat.com Staff
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