IBM
(NYSE:IBM)
$167.08
-1.83[-1.08%]
At close: Apr 26
$167.08
0[0.00%]
After Hours: 7:43PM EDT
Q1 2024 Earnings were released on Wed Apr 24th, after the market close
The most recent conference call was at 17:00 PM, 4 days ago Click to view past webcast
HashiCorp (HCP) announced it will be acquired by IBM (IBM) on Wednesday, April 24, 2024 for $6.4B paid in cash
Consensus Rating1
Outperform
Highest Price Target1
$220.00
Lowest Price Target1
$130.00
Consensus Price Target1
$156.91

IBM Stock (NYSE:IBM), Analyst Ratings, Price Targets, Predictions

International Business Machines Corp has a consensus price target of $156.91, established from looking at the 68 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, JP Morgan, and BMO Capital on April 26, 2024, April 25, 2024, and April 25, 2024. With an average price target of $184.67 between Morgan Stanley, JP Morgan, and BMO Capital, there's an implied 10.53% upside for International Business Machines Corp from these 3 analyst ratings.

Analyst Trend
1
Nov 23
4
1
1
Jan
1
1
Mar
1
4
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
JP Morgan
BMO Capital
Wedbush
Jefferies

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for IBM

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/26/2024IBMBuy Now
IBM
$167.087.13%Morgan Stanley
Erik Woodring
$186 → $179MaintainsEqual-WeightGet Alert
04/25/2024IBMBuy Now
IBM
$167.0810.73%JP Morgan
Brian Essex
$190 → $185MaintainsNeutralGet Alert
04/25/2024IBMBuy Now
IBM
$167.0813.72%BMO Capital
Keith Bachman
$210 → $190MaintainsMarket PerformGet Alert
04/25/2024IBMBuy Now
IBM
$167.08-4.24%Wedbush
Moshe Katri
$140 → $160MaintainsNeutralGet Alert
04/25/2024IBMBuy Now
IBM
$167.0813.72%Jefferies
Brent Thill
$210 → $190MaintainsHoldGet Alert
04/23/2024IBMBuy Now
IBM
$167.0825.69%Jefferies
Brent Thill
$215 → $210MaintainsHoldGet Alert
04/22/2024IBMBuy Now
IBM
$167.08-22.19%UBS
David Vogt
$125 → $130MaintainsSellGet Alert
04/17/2024IBMBuy Now
IBM
$167.0813.72%Stifel
David Grossman
$190 → $190MaintainsBuyGet Alert
03/14/2024IBMBuy Now
IBM
$167.0831.67%B of A Securities
Wamsi Mohan
$200 → $220MaintainsBuyGet Alert
03/07/2024IBMBuy Now
IBM
$167.0811.32%Bernstein
Toni Sacconaghi
$165 → $186MaintainsMarket PerformGet Alert
01/25/2024IBMBuy Now
IBM
$167.0819.7%RBC Capital
Matthew Swanson
$179 → $200MaintainsOutperformGet Alert
01/25/2024IBMBuy Now
IBM
$167.0825.69%BMO Capital
Keith Bachman
$155 → $210MaintainsMarket PerformGet Alert
01/25/2024IBMBuy Now
IBM
$167.0813.72%Stifel
David Grossman
$183 → $190MaintainsBuyGet Alert
01/22/2024IBMBuy Now
IBM
$167.089.53%Stifel
David Grossman
$144 → $183MaintainsBuyGet Alert
01/19/2024IBMBuy Now
IBM
$167.0819.7%Evercore ISI Group
Amit Daryanani
$165 → $200UpgradeIn-Line → OutperformGet Alert
01/05/2024IBMBuy Now
IBM
$167.087.73%Jefferies
Brent Thill
→ $180Initiates → HoldGet Alert
01/05/2024IBMBuy Now
IBM
$167.08-14.41%Societe Generale
Richard Nguyen
→ $143DowngradeHold → SellGet Alert
11/13/2023IBMBuy Now
IBM
$167.08-16.21%Wedbush
Moshe Katri
→ $140ReiteratesNeutral → NeutralGet Alert
10/26/2023IBMBuy Now
IBM
$167.087.13%RBC Capital
Matthew Swanson
$188 → $179MaintainsOutperformGet Alert

FAQ

Q

What is the target price for IBM (IBM)?

A

The latest price target for IBM (NYSE: IBM) was reported by Morgan Stanley on April 26, 2024. The analyst firm set a price target for $179.00 expecting IBM to rise to within 12 months (a possible 7.13% upside). 33 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for IBM (IBM)?

A

The latest analyst rating for IBM (NYSE: IBM) was provided by Morgan Stanley, and IBM maintained their equal-weight rating.

Q

When was the last upgrade for IBM (IBM)?

A

The last upgrade for International Business Machines Corp happened on January 19, 2024 when Evercore ISI Group raised their price target to $200. Evercore ISI Group previously had an in-line for International Business Machines Corp.

Q

When was the last downgrade for IBM (IBM)?

A

The last downgrade for International Business Machines Corp happened on January 5, 2024 when Societe Generale changed their price target from N/A to $143 for International Business Machines Corp.

Q

When is the next analyst rating going to be posted or updated for IBM (IBM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of IBM, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for IBM was filed on April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.

Q

Is the Analyst Rating IBM (IBM) correct?

A

While ratings are subjective and will change, the latest IBM (IBM) rating was a maintained with a price target of $186.00 to $179.00. The current price IBM (IBM) is trading at is $167.08, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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