Wedbush analyst Daniel Ives raised the firm’s price target on IBM (IBM) to $325 from $300 and keeps an Outperform rating on the shares. The firm says its recent checks give it incremental confidence in owning software cloud/AI exposed names, with IBM remaining one of its top software names to own as the AI Revolution accelerates over the coming years. IBM is one of the AI winners in the “IVES AI 30 list.” While the stock has had a great run so far in 2025, Wedbush believes IBM is still under owned and in the early stages of a renaissance of growth with AI the key driver.
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