International Business Machines (IBM) Stock Forecast & Price Target

$246.30 -4.05 (-1.62%)

Closing price 03/27/2025 03:59 PM Eastern

Extended Trading

$244.94 -1.36 (-0.55%)

As of 09:02 AM 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 17 Analyst Ratings

Sell
2

Hold
7

Buy
8

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, 2 have given a sell rating, 7 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for IBM.

Consensus Price Target

$231.44
-6.03% Downside

According to the 17 analysts' twelve-month price targets for International Business Machines, the average price target is $231.44. The highest price target for IBM is $320.00, while the lowest price target for IBM is $145.00. The average price target represents a forecasted downside of -6.03% from the current price of $246.30.

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IBM Analyst Ratings Over Time

Type	Current Forecast 3/28/24 to 3/28/25	1 Month Ago 2/27/24 to 2/26/25	3 Months Ago 12/29/23 to 12/28/24	1 Year Ago 3/29/23 to 3/28/24
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$231.44	$231.44	$208.94	$176.85
Forecasted Upside	-6.03% Downside	-9.46% Downside	-6.21% Downside	-7.39% Downside
Consensus Rating	Hold	Hold	Hold	Hold

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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	2.41	2.68	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-6.03% Downside	760.83% Upside	17.91% Upside
News Sentiment Rating	Positive News See Recent IBM News	Positive News	Positive News

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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
3/17/2025	Erste Group Bank 3 of 5 stars	H. Engel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
2/11/2025	Oppenheimer 3 of 5 stars	Param Singh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$320.00	+28.54%
2/5/2025	The Goldman Sachs Group 3 of 5 stars		Reiterated Rating	Buy ➝ Buy
2/3/2025	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Ives Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
1/30/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brent Thill Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$245.00 ➝ $270.00	+4.56%
1/30/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brian Essex Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$233.00 ➝ $244.00	-5.51%
1/30/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Wamsi Mohan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$260.00 ➝ $270.00	+5.39%
1/30/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Keith Bachman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$260.00 ➝ $280.00	+8.74%
1/30/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Erik Woodring Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$217.00 ➝ $228.00	-0.49%
1/27/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Matthew Hedberg Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$250.00 ➝ $250.00	+12.42%
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1/14/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Vogt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sell ➝ Sell	$150.00 ➝ $160.00	-26.40%
1/3/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$210.00 ➝ $215.00	-3.17%
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%
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%
9/11/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$215.00 ➝ $240.00	+17.23%
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%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:55 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 Sunday, March 23, 2025. 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. recently reported an earnings per share (EPS) of $3.92, surpassing analysts' expectations of $3.77, indicating strong financial performance and potential for growth.
The company has a solid market capitalization of $226.02 billion, which reflects its stability and ability to invest in future growth opportunities.
With a current stock price of $243.75, International Business Machines Co. has shown resilience in the market, suggesting investor confidence.
The firm has a dividend yield of 2.74%, providing a steady income stream for investors, which is particularly attractive in uncertain market conditions.
Recent institutional investments, such as Sandy Spring Bank increasing its stake by 23.1%, indicate growing confidence from major investors in the company's future prospects.

International Business Machines
Bear Case

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

The company's payout ratio is 104.21%, which means it is paying out more in dividends than it is earning, raising concerns about sustainability.
Despite recent positive earnings, the stock has been rated with a mix of sell, hold, and buy ratings, indicating uncertainty among analysts regarding its future performance.
Insider trading activity shows a significant sale by a senior vice president, which could signal a lack of confidence in the company's short-term prospects.
International Business Machines Co. has a relatively high price-to-earnings (P/E) ratio of 38.03, suggesting that the stock may be overvalued compared to its earnings.
Recent changes in target prices by analysts, with some lowering their expectations, could indicate potential challenges ahead for the company.

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 $231.44, with a high forecast of $320.00 and a low forecast of $145.00.
: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Business Machines in the last year. There are currently 2 sell ratings, 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 downside of -6.03% based on their 12-month stock forecasts.
: Over the previous 90 days, International Business Machines's stock had 1 upgrade by analysts.
: International Business Machines has been rated by research analysts at Bank of America, BMO Capital Markets, Erste Group Bank, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Royal Bank of Canada, Sanford C. Bernstein, The Goldman Sachs Group, UBS Group, and Wedbush 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 3/28/2025 by MarketBeat.com Staff

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International Business Machines (IBM) Stock Forecast & Price Target