IBM (IBM) Stock Price Target 2026

The average analyst price target for IBM is $275.76, 13.1% above the current price. Of 18 analysts, 12 rate it Buy and 6 Hold. Targets range from $191 to $350. The latest change came on Oct 22, 2026, when Jefferies raised its price target on IBM from $270 to $280 and kept a Buy rating.

The Average Analyst Price Target for IBM is $275.76.

Price Target Range — 8 Quarters

Analyst Consensus — 18 Analysts

12Buy

6Hold

Consensus RatingBuy# Analysts18Avg. Consensus PT$275.76Upside to Avg. PT+13.1%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for IBM Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 22, 2026	Jefferies	Brent Thill	PT Raise	Buy	$270→$280
Oct 22, 2026	UBS	David Vogt	PT Raise	Neutral	$236→$243
Oct 22, 2026	Citigroup	Fatima Boolani	PT Raise	Buy	$245→$280
Oct 22, 2026	Morgan Stanley	Erik Woodring	PT Raise	Equal-Weight	$238→$240
Oct 22, 2026	BMO Capital	Keith Bachman	PT Raise	Market Perform	$230→$265
Oct 22, 2026	Barclays	Raimo Lenschow	PT Raise	Overweight	$262→$277
Oct 22, 2026	RBC Capital	Matthew Swanson	Maintained	Outperform	$270
Oct 22, 2026	JP Morgan	Brian Essex	PT Raise	Overweight	$250→$269
Oct 22, 2026	Stifel	David Grossman	PT Raise	Buy	$235→$260
Oct 22, 2026	Susquehanna	James Friedman	PT Raise	Neutral	$235→$256
Oct 22, 2026	Baird	Rob Oliver	PT Raise	Neutral	$230→$260
Oct 15, 2026	Morgan Stanley	Erik Woodring	PT Raise	Equal-Weight	$190→$238
Oct 13, 2026	RBC Capital	Matthew Swanson	Maintained	Outperform	$270
Oct 9, 2026	Truist Securities	Arvind Ramnani	Initiate	Hold	$240
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