International Business Machines Corp has a consensus price target of $152.33, established from looking at the 64 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Bernstein, and RBC Capital on March 14, 2024, March 7, 2024, and January 25, 2024. With an average price target of $202 between B of A Securities, Bernstein, and RBC Capital, there's an implied 5.69% upside for International Business Machines Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/14/2024 | IBM | Buy Now | IBM | $191.13 | 15.1% | B of A Securities | Wamsi Mohan | $200 → $220 | Maintains | Buy | Get Alert |
03/07/2024 | IBM | Buy Now | IBM | $191.13 | -2.68% | Bernstein | Toni Sacconaghi | $165 → $186 | Maintains | Market Perform | Get Alert |
01/25/2024 | IBM | Buy Now | IBM | $191.13 | 4.64% | RBC Capital | Matthew Swanson | $179 → $200 | Maintains | Outperform | Get Alert |
01/25/2024 | IBM | Buy Now | IBM | $191.13 | 9.87% | BMO Capital | Keith Bachman | $155 → $210 | Maintains | Market Perform | Get Alert |
01/25/2024 | IBM | Buy Now | IBM | $191.13 | -0.59% | Stifel | David Grossman | $183 → $190 | Maintains | Buy | Get Alert |
01/22/2024 | IBM | Buy Now | IBM | $191.13 | -4.25% | Stifel | David Grossman | $144 → $183 | Maintains | Buy | Get Alert |
01/19/2024 | IBM | Buy Now | IBM | $191.13 | 4.64% | Evercore ISI Group | Amit Daryanani | $165 → $200 | Upgrade | In-Line → Outperform | Get Alert |
01/05/2024 | IBM | Buy Now | IBM | $191.13 | -5.82% | Jefferies | Brent Thill | → $180 | Initiates | → Hold | Get Alert |
01/05/2024 | IBM | Buy Now | IBM | $191.13 | -25.18% | Societe Generale | Richard Nguyen | → $143 | Downgrade | Hold → Sell | Get Alert |
11/13/2023 | IBM | Buy Now | IBM | $191.13 | -26.75% | Wedbush | Moshe Katri | → $140 | Reiterates | Neutral → Neutral | Get Alert |
10/26/2023 | IBM | Buy Now | IBM | $191.13 | -6.35% | RBC Capital | Matthew Swanson | $188 → $179 | Maintains | Outperform | Get Alert |
10/26/2023 | IBM | Buy Now | IBM | $191.13 | -18.9% | BMO Capital | Keith Bachman | $152 → $155 | Maintains | Market Perform | Get Alert |
10/26/2023 | IBM | Buy Now | IBM | $191.13 | -26.75% | Wedbush | Moshe Katri | → $140 | Reiterates | Neutral → Neutral | Get Alert |
10/17/2023 | IBM | Buy Now | IBM | $191.13 | -31.98% | Morgan Stanley | Erik Woodring | $135 → $130 | Maintains | Equal-Weight | Get Alert |
09/20/2023 | IBM | Buy Now | IBM | $191.13 | -1.64% | RBC Capital | Amit Daryanani | → $188 | Initiates | → Outperform | Get Alert |
07/20/2023 | IBM | Buy Now | IBM | $191.13 | -16.29% | B of A Securities | Wamsi Mohan | $152 → $160 | Maintains | Buy | Get Alert |
07/20/2023 | IBM | Buy Now | IBM | $191.13 | -24.66% | Stifel | David Grossman | $140 → $144 | Maintains | Buy | Get Alert |
07/20/2023 | IBM | Buy Now | IBM | $191.13 | -29.37% | Morgan Stanley | Erik Woodring | $135 → $135 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/20/2023 | IBM | Buy Now | IBM | $191.13 | -26.75% | Wedbush | Moshe Katri | → $140 | Reiterates | Neutral → Neutral | Get Alert |
The latest price target for IBM (NYSE: IBM) was reported by B of A Securities on March 14, 2024. The analyst firm set a price target for $220.00 expecting IBM to rise to within 12 months (a possible 15.10% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for IBM (NYSE: IBM) was provided by B of A Securities, and IBM maintained their buy rating.
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.
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.
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 March 14, 2024 so you should expect the next rating to be made available sometime around March 14, 2025.
While ratings are subjective and will change, the latest IBM (IBM) rating was a maintained with a price target of $200.00 to $220.00. The current price IBM (IBM) is trading at is $191.13, which is out of the analyst’s predicted range.
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