IBM Analyst Price Targets

Wall Street analyst price targets and consensus rating for IBM (IBM).

Price Target Range — 8 Quarters

Analyst Consensus — 17 Analysts

12Buy

5Hold

Consensus RatingOutperform# Analysts17Avg. Consensus PT$264Upside to Avg. PT+19.2%

Rating Trend — Last 9 Months

Recent Analyst Actions

Date	Firm	Analyst	Action	Rating Change	Price Target
Aug 31, 2026	Susquehanna	James Friedman	PT Raise	Neutral	$225→$235
Jul 24, 2026	Citigroup	Fatima Boolani	PT Cut	Buy	$255→$245
Jul 24, 2026	Susquehanna	James Friedman	PT Cut	Neutral	$303→$225
Jul 23, 2026	Morgan Stanley	Erik Woodring	PT Cut	Equal-Weight	$293→$190
Jul 23, 2026	BMO Capital	Keith Bachman	PT Cut	Market Perform	$270→$230
Jul 23, 2026	RBC Capital	Matthew Swanson	Maintained	Outperform	$270
Jul 23, 2026	Barclays	Raimo Lenschow	PT Cut	Overweight	$288→$262
Jul 22, 2026	Baird	Rob Oliver	Initiate	Neutral	$230
Jul 21, 2026	Barclays	Raimo Lenschow	PT Cut	Overweight	$350→$288
Jul 21, 2026	Jefferies	Brent Thill	PT Cut	Buy	$320→$260
Jul 20, 2026	Stifel	David Grossman	PT Cut	Buy	$290→$235
Jul 17, 2026	Citigroup	Fatima Boolani	PT Cut	Buy	$375→$255
Jul 17, 2026	JP Morgan	Brian Essex	PT Cut	Overweight	$291→$250
Jul 16, 2026	Argus Research	Jim Kelleher	PT Cut	Buy	$360→$280
Jul 16, 2026	Evercore ISI Group	Amit Daryanani	PT Cut	Outperform	$310→$250
Jul 14, 2026	HSBC	Abhishek Shukla	Downgrade	Hold→Reduce	$231→$191
Jul 14, 2026	Oppenheimer	Param Singh	PT Raise	Outperform	$320→$350
Jul 14, 2026	Morgan Stanley	Erik Woodring	PT Raise	Equal-Weight	$267→$293
Jul 10, 2026	Susquehanna	James Friedman	Initiate	Neutral	$303
Jul 6, 2026	B of A Securities	Wamsi Mohan	PT Raise	Buy	$315→$330