International Business Machines (IBM) Stock Forecast & Price Target

$224.73 +2.07 (+0.93%)

As of 01/17/2025 03:59 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 15 Analyst Ratings

Sell
2

Hold
8

Buy
5

Based on 15 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 15 analysts, 2 have given a sell rating, 8 have given a hold rating, and 5 have given a buy rating for IBM.

Consensus Price Target

$216.87
-3.50% Downside

According to the 15 analysts' twelve-month price targets for International Business Machines, the average price target is $216.87. 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 -3.50% from the current price of $224.73.

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IBM Analyst Ratings Over Time

Type	Current Forecast 1/22/24 to 1/21/25	1 Month Ago 12/23/23 to 12/22/24	3 Months Ago 10/24/23 to 10/23/24	1 Year Ago 1/22/23 to 1/22/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	6 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	$216.87	$208.94	$205.71	$162.29
Forecasted Upside	-3.50% Downside	-6.46% Downside	-11.62% Downside	-6.12% 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	2.20	2.68	2.52
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-3.50% Downside	255.31% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent IBM News	Neutral 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
1/14/2025	UBS Group 4 of 5 stars	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 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 Subscribe to MarketBeat All Access for the recommendation accuracy rating		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%
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%
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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%
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 Tuesday at 05:40 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 Friday, January 10, 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.:

The company recently reported a quarterly earnings per share (EPS) of $2.30, exceeding the consensus estimate of $2.27, indicating strong financial performance.
International Business Machines Co. has a solid return on equity of 40.52%, which suggests effective management and profitability relative to shareholder equity.
The stock is currently trading at approximately $221.01, which is near its 50-day moving average, indicating stability in its recent price performance.
The company has declared a quarterly dividend of $1.67 per share, translating to an annualized dividend yield of about 2.99%, providing a steady income stream for investors.
Analysts have a consensus target price of $214.88, with several firms recently raising their price targets, suggesting potential for price appreciation.

International Business Machines
Bear Case

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

The company has a high debt-to-equity ratio of 2.16, indicating that it relies significantly on debt financing, which could pose risks in a rising interest rate environment.
Despite a year-over-year revenue increase of 1.5%, the latest quarterly revenue of $14.97 billion fell short of analyst expectations of $15.08 billion, raising concerns about growth potential.
The dividend payout ratio is currently at 97.23%, suggesting that the company is distributing nearly all of its earnings as dividends, which may limit reinvestment in growth opportunities.
With a beta of 0.74, the stock is less volatile than the market, which may appeal to conservative investors but could limit upside potential in a bullish market.
Two research analysts have rated the stock with a sell rating, indicating some skepticism about its future performance among market experts.

IBM Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for International Business Machines is $216.87, with a high forecast of $260.00 and a low forecast of $145.00.
: 15 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, 8 hold ratings and 5 buy ratings 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 -3.50% based on their 12-month stock forecasts.
: International Business Machines has been rated by research analysts at BMO Capital Markets, Morgan Stanley, Royal Bank of Canada, Sanford C. Bernstein, 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 1/21/2025 by MarketBeat.com Staff

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International Business Machines (IBM) Stock Forecast & Price Target