International Business Machines Corporation (IBM) Forecast: Analyst Ratings & Targets

Latest IBM Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Apr 28, 2026	Abhishek Shukla	HSBC	Upgrades	Hold	$218.00 → $231.00 +13.00 (6.0%)
Apr 23, 2026	Dan Ives	Wedbush	Maintains	Buy	$340.00 → $320.00 -20.00 (-5.9%)
Apr 23, 2026	Keith Bachman	BMO Capital	Maintains	Hold	$290.00 → $270.00 -20.00 (-6.9%)
Apr 23, 2026	Amit Daryanani	Evercore ISI Group	Maintains	Buy	$345.00 → $310.00 -35.00 (-10.1%)
Apr 23, 2026	Erik Woodring	Morgan Stanley	Maintains	Hold	$215.00 → $225.00 +10.00 (4.7%)
Apr 20, 2026	Brent Thill	Jefferies	Maintains	Strong Buy	$370.00 → $320.00 -50.00 (-13.5%)
Apr 17, 2026	Daniel Ives	Wedbush	Reiterates	Buy	$340.00 → $340.00 +0.00 (0.0%)
Apr 17, 2026	Matthew Swanson	RBC Capital	Maintains	Buy	$361.00 → $330.00 -31.00 (-8.6%)
Apr 16, 2026	Param Singh	Oppenheimer	Maintains	Buy	$380.00 → $320.00 -60.00 (-15.8%)
Apr 8, 2026	David Grossman	Stifel	Maintains	Strong Buy	$340.00 → $290.00 -50.00 (-14.7%)
Mar 19, 2026	Keith Bachman	BMO Capital	Maintains	Hold	$350.00 → $290.00 -60.00 (-17.1%)
Mar 18, 2026	Brian Essex	JP Morgan	Maintains	Hold	$317.00 → $283.00 -34.00 (-10.7%)
Feb 25, 2026	Daniel Ives	Wedbush	Reiterates	Buy	$340.00 → $340.00 +0.00 (0.0%)
Feb 25, 2026	David Vogt	UBS	Upgrades	Hold	$236.00 → $236.00 +0.00 (0.0%)
Feb 25, 2026	Erik Woodring	Morgan Stanley	Maintains	Hold	$304.00 → $247.00 -57.00 (-18.8%)

Abhishek Shukla

HSBC

HoldUpgrades

$218.00 → $231.00

Apr 28

Dan Ives

Wedbush

BuyMaintains

$340.00 → $320.00

Apr 23

Keith Bachman

BMO Capital

HoldMaintains

$290.00 → $270.00

Apr 23

Amit Daryanani

Evercore ISI Group

BuyMaintains

$345.00 → $310.00

Apr 23

Erik Woodring

Morgan Stanley

HoldMaintains

$215.00 → $225.00

Apr 23

Brent Thill

Jefferies

Strong BuyMaintains

$370.00 → $320.00

Apr 20

Daniel Ives

Wedbush

BuyReiterates

$340.00 → $340.00

Apr 17

Matthew Swanson

RBC Capital

BuyMaintains

$361.00 → $330.00

Apr 17

Param Singh

Oppenheimer

BuyMaintains

$380.00 → $320.00

Apr 16

David Grossman

Stifel

Strong BuyMaintains

$340.00 → $290.00

Apr 8

Keith Bachman

BMO Capital

HoldMaintains

$350.00 → $290.00

Mar 19

Brian Essex

JP Morgan

HoldMaintains

$317.00 → $283.00

Mar 18

Daniel Ives

Wedbush

BuyReiterates

$340.00 → $340.00

Feb 25

David Vogt

UBS

HoldUpgrades

$236.00 → $236.00

Feb 25

Erik Woodring

Morgan Stanley

HoldMaintains

$304.00 → $247.00

Feb 25

Frequently Asked Questions

What is the analyst consensus rating for IBM?

The analyst consensus rating for IBM is "Buy" based on 12 analyst recommendations.

What is the average price target for IBM?

The average 12-month price target for IBM is $289.58, representing an upside of 30.2% from the current price of $222.33.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

International Business Machines Corporation (IBM) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest IBM Analyst Ratings & Recommendations

Frequently Asked Questions