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International Business Machines (IBM): analyst forecast and price target

$232 −0.85% close 16.10.26 · market cap $221B · Technology · Information Technology Services SPY 0.32%
Price targets and ratings of

Analyst consensus

Moderate Buy

10 Buy7 Hold0 Sell

Ratings of 17 analysts in the last 3 months

12-month forecast

$246+6.1% upside

Based on 17 price targets given in the last 3 months, the average target is $246, the highest $280, the lowest $190. The average is +6.1% from the last price of $232.

$200$250$300Jan 26AprJulOctJan 27AprJulOctHigh$280Average$246Low$190
Highest target $280 Average target $246 Lowest target $190
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Brian Essex★★★★★★★★★★#1150 · hits 55% · avg +10.1% J.P. Morgan $250 Buy +7.7% Reiterated 16.10.26on TipRanks 07:55 +0.3%
Erik Woodring★★★★★★★★★★#290 · hits 60% · avg +28.0% Morgan Stanley $238 → $190−20.2% Hold −18.2% Assigned 15.10.26on TipRanks 08:40 +2.5%next day +0.3%
Wamsi Mohan★★★★★★★★★★#26 · hits 64% · avg +46.5% Bank of America Securities $280 Buy +20.6% Reiterated 15.10.26on TipRanks 06:30 +2.5%next day +0.3%
Fatima Boolani★★★★★★★★★★#345 · hits 64% · avg +19.6% Citi $245 Buy +5.5% Reiterated 14.10.26on TipRanks Oct 15 06:35 −0.2%next day +2.5%
Matthew Swanson★★★★★★★★★★#6626 · hits 46% · avg +0.9% RBC Capital $270 Buy +16.3% Reiterated 12.10.26on TipRanks Oct 13 07:09 0.0%next day +1.7%
David Vogt★★★★★★★★★★#1701 · hits 61% · avg +13.2% UBS $236 Hold +1.7% Reiterated 12.10.26on TipRanks Oct 13 06:26 0.0%next day +1.7%
Raimo Lenschow★★★★★★★★★★#1639 · hits 52% · avg +7.0% Barclays $262 Buy +12.9% Reiterated 12.10.26on TipRanks 06:01 0.0%next day +1.7%
Arvind Ramnani★★★★★★★★★★#11277 · hits 46% · avg −2.4% Truist Financial $240 Hold +3.4% Initiated 09.10.26on TipRanks 06:00 −0.4%next day 0.0% · 5 days +4.2%
David Grossman★★★★★★★★★★#4304 · hits 49% · avg +2.3% Stifel Nicolaus $235 Buy +1.2% Reiterated 08.10.26on TipRanks 09:05 +3.2%next day −0.4% · 5 days +3.6%
James Schneider★★★★★★★★★★#315 · hits 63% · avg +27.5% Goldman Sachs $270 Buy +16.3% Reiterated 07.10.26on TipRanks 08:31 −0.1%next day +3.2% · 5 days +4.3%
Daniel Ives★★★★★★★★★★#345 · hits 58% · avg +18.2% Wedbush $275 Buy +18.5% Initiated 06.10.26on TipRanks Oct 7 08:45 −0.7%next day −0.1% · 5 days +4.4%
Mark Newman★★★★★★★★★★#188 · hits 74% · avg +69.9% Bernstein $230 Hold −0.9% Reiterated 09.09.26on TipRanks Sep 10 07:15 +3.8%next day −1.9% · 5 days +0.1%
James Friedman★★★★★★★★★★#5808 · hits 52% · avg +0.9% Susquehanna $225 → $235+4.4% Hold +1.2% Reiterated 31.08.26on TipRanks 08:40 −0.4%next day −0.4% · 5 days −0.6%
Matthew Swanson★★★★★★★★★★#6626 · hits 46% · avg +0.9% RBC Capital $270 Buy +16.3% Reiterated 19.08.26on TipRanks 21:45 −0.6%next day +0.4% · 5 days +1.1%
Fatima Boolani★★★★★★★★★★#345 · hits 64% · avg +19.6% Citi $255 → $245−3.9% Buy +5.5% Reiterated 24.07.26on TipRanks 06:35 +3.5%next day +1.0% · 5 days +3.3%
Erik Woodring★★★★★★★★★★#290 · hits 60% · avg +28.0% Morgan Stanley $293 → $190−35.2% Hold −18.2% Assigned 24.07.26on TipRanks 05:08 +3.5%next day +1.0% · 5 days +3.3%
David Grossman★★★★★★★★★★#4304 · hits 49% · avg +2.3% Stifel Nicolaus $235 Buy +1.2% Reiterated 23.07.26on TipRanks Jul 24 05:08 +1.7%next day +3.5% · 5 days +6.8%
Amit Daryanani★★★★★★★★★★#21 · hits 70% · avg +37.0% Evercore ISI $250 Buy +7.7% Reiterated 23.07.26on TipRanks Jul 24 05:08 +1.7%next day +3.5% · 5 days +6.8%
David Vogt★★★★★★★★★★#1701 · hits 61% · avg +13.2% UBS $236 Hold +1.7% Reiterated 23.07.26on TipRanks Jul 24 05:08 +1.7%next day +3.5% · 5 days +6.8%
Keith Bachman★★★★★★★★★★#1304 · hits 53% · avg +8.0% BMO Capital $270 → $230−14.8% Hold −0.9% Reiterated 23.07.26on TipRanks Jul 24 05:08 +1.7%next day +3.5% · 5 days +6.8%
James Schneider★★★★★★★★★★#315 · hits 63% · avg +27.5% Goldman Sachs $335 → $270−19.4% Buy +16.3% Reiterated 23.07.26on TipRanks Jul 24 05:08 +1.7%next day +3.5% · 5 days +6.8%
Raimo Lenschow★★★★★★★★★★#1639 · hits 52% · avg +7.0% Barclays $288 → $262−9.0% Buy +12.9% Reiterated 23.07.26on TipRanks Jul 24 05:08 +1.7%next day +3.5% · 5 days +6.8%
Brent Thill★★★★★★★★★★#2743 · hits 53% · avg +3.8% Jefferies $260 Buy +12.0% Assigned 23.07.26on TipRanks Jul 24 05:08 +1.7%next day +3.5% · 5 days +6.8%
Wamsi Mohan★★★★★★★★★★#26 · hits 64% · avg +46.5% Bank of America Securities $280 Buy +20.6% Reiterated 22.07.26on TipRanks Jul 24 05:08 −2.1%next day +1.7% · 5 days +12.4%
Robert Oliver★★★★★★★★★★#11271 · hits 42% · avg −2.1% Robert W. Baird $230 Hold −0.9% Initiated 22.07.26on TipRanks Jul 24 05:08 −2.1%next day +1.7% · 5 days +12.4%
Brian Essex★★★★★★★★★★#1150 · hits 55% · avg +10.1% J.P. Morgan $250 Buy +7.7% Reiterated 21.07.26on TipRanks Jul 24 05:08 −2.0%next day −2.1% · 5 days +9.1%
Jim Kelleher★★★★★★★★★★#27 · hits 71% · avg +34.6% Argus Research $360 → $280−22.2% Buy +20.6% Reiterated 15.07.26on TipRanks Jul 16 09:08 −3.1%next day +4.3% · 5 days −1.6%
Param Singh★★★★★★★★★★#3533 · hits 53% · avg +7.8% Oppenheimer $350 Buy +50.8% Reiterated 15.07.26on TipRanks Jul 14 07:40 −25.6%next day −3.1% · 5 days −2.6%
Abhishek Shukla★★★★★★★★★★#6919 · hits 75% · avg +12.2% HSBC $231 → $191−17.3% Sell −17.7% Downgrade 14.07.26on TipRanks 06:55 −25.6%next day −3.1% · 5 days −2.6%
Ingo Wermann★★★★★★★★★★#1523 · hits 66% · avg +10.2% DZ BANK AG $295 Buy +27.1% Upgrade 24.04.26on TipRanks 05:11 −0.4%next day −1.9% · 5 days −0.8%
Hans Engel★★★★★★★★★★#1835 · hits 58% · avg +11.1% Erste Group — Hold — Reiterated 01.04.26on TipRanks Apr 2 10:00 −0.4%next day +2.0% · 5 days −6.2%
Sachin Mittal★★★★★★★★★★#252 · hits 68% · avg +20.2% DBS $350 → $365+4.3% Buy +57.2% Reiterated 10.02.26on TipRanks Feb 16 05:45 −0.7%next day −6.5% · 5 days −9.8%
Ben Reitzes★★★★★★★★★★#1001 · hits 62% · avg +21.6% Melius Research $350 → $375+7.1% Buy +61.5% Reiterated 05.01.26on TipRanks 08:55 +0.5%next day +1.9% · 5 days +4.8%
Unknown Analyst Mizuho Securities $295 → $325+10.2% Buy +40.0% Reiterated 09.12.25on TipRanks 10:30 +0.5%next day 0.0% · 5 days −1.7%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering International Business Machines

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Matthew Swanson★★★★★★★★★★RBC Capital · #6626
Hits 46%114 of 248 Average return +0.9%
1 year Matthew Swanson★★★★★★★★★★RBC Capital · #6626
Hits 46%114 of 248 Average return +0.9%
2 years Wamsi Mohan★★★★★★★★★★Bank of America Securities · #26
Hits 64%316 of 490 Average return +46.5%

Most profitable

3 months Matthew Swanson★★★★★★★★★★RBC Capital · #6626
Hits 46%114 of 248 Average return +0.9%
1 year Matthew Swanson★★★★★★★★★★RBC Capital · #6626
Hits 46%114 of 248 Average return +0.9%
2 years Wamsi Mohan★★★★★★★★★★Bank of America Securities · #26
Hits 64%316 of 490 Average return +46.5%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $250 at a price of $220 (+13.5%); now: $246 at $232 (+6.1%).

$220$240Sep 15Oct 1Oct 15Top analysts$245Average target$246Price$232

PriceAverage targetTop analysts’ target

Recommendation trend

020401492Oct 251792Nov23123Dec28112Jan 26229132Feb225121Mar22315Apr2516May2913Jun327151Jul322121Aug315121Sep95Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy003330
Buy25292722159
Hold16131512125
Sell001110

Earnings and sales forecast

Next report: 21.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $2.86 (from $2.75 to $3.12). Last quarter: $2.93.

Sales

Next quarter’s sales estimate — $16.8B (from $16.7B to $17.0B). Last quarter: $17.2B.

Best top-analyst consensus in the sector · Technology

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CLSnot in our ETFs
About International Business Machines
  • CEO: Arvind Krishna
  • Employees: 264,300
  • One New Orchard Road, Armonk, NY, 10504, US
  • www.ibm.com

International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. The company's operations are structured into four primary segments: Software, Consulting, Infrastructure, and Financing. The Software division provides hybrid cloud platforms and a range of software offerings, including Red Hat's enterprise open-source solutions. It also develops software for business automation, AIOps and management, integration, and application servers, in addition to data and artificial intelligence tools. This segment further supplies security software and services for threat, data, and identity management, and offers critical transaction processing software that supports essential on-premise workloads for industries such as banking, airlines, and retail. The Consulting arm delivers business transformation services, which encompass strategy development, business process design and operational improvements, data and analytics insights, and system integration. It additionally provides technology consulting and specialized application and cloud platform services. IBM's Infrastructure segment offers both on-premises and cloud-based server and storage solutions, specifically tailored for clients' crucial and regulated operations. It also extends support and solutions for hybrid cloud infrastructure, alongside remanufacturing and remarketing services for used equipment. The Financing segment provides various financial services, such as leasing, installment payment plans, loan financing, and short-term working capital solutions. Originally established in 1911 as the Computing-Tabulating-Recording Co., the company is now known as International Business Machines Corporation and maintains its headquarters in Armonk, New York.

Data from the stock’s TipRanks forecast page, read 4 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗