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IBM

IBMNYSE
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$217.70
3.811.78%
At Close: -
$217.70
00.00%
After Hours: Sep 20, 4:23 PM EDT
15 minutes delayed
Kubecost was acquired by IBM (IBM) on Tuesday, September 17, 2024
Consensus Rating1
Outperform
Highest Price Target1
$240.00
Lowest Price Target1
$139.00
Consensus Price Target1
$177.32

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

International Business Machines Corp has a consensus price target of $177.32 based on the ratings of 24 analysts. The high is $240 issued by Evercore ISI Group on September 11, 2024. The low is $139 issued by Tigress Financial on April 21, 2022. The 3 most-recent analyst ratings were released by Evercore ISI Group, UBS, and RBC Capital on September 11, 2024, September 4, 2024, and July 25, 2024, respectively. With an average price target of $198.67 between Evercore ISI Group, UBS, and RBC Capital, there's an implied -8.74% downside for International Business Machines Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
4
1
Apr
2
1
May
0
0
0
0
Jun
1
1
Jul
1
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Evercore ISI Group
UBS
RBC Capital
Jefferies
BMO Capital

1calculated from analyst ratings

Analyst Ratings for IBM

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FAQ

Q

What is the target price for IBM (IBM) stock?

A

The latest price target for IBM (NYSE:IBM) was reported by Evercore ISI Group on September 11, 2024. The analyst firm set a price target for $240.00 expecting IBM to rise to within 12 months (a possible 10.24% 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 Evercore ISI Group, and IBM maintained their outperform 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 September 11, 2024 so you should expect the next rating to be made available sometime around September 11, 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 $215.00 to $240.00. The current price IBM (IBM) is trading at is $217.70, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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