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International Business Machines (IBM)
NYSE:IBM
IBM Analyst Ratings
Moderate Buy
6 Buy
6 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
IBM Stock 12 Month Forecast
Average Price Target
$293.58
▲(4.05% Upside)
| Highest Price Target$350.00 | Average Price Target$293.58 | Lowest Price Target$200.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Morgan Stanley
$253
Hold
-10.33%
Downside
Reiterated
09/26/25
IBM's Quantum Computing Leadership: Potential and Caution in Early Market StagesWe share a few thoughts on this news below. M What's new? In a press release earlier today, HSBC disclosed that they were able to "deliver up to a 34% improvement in predicting the probability of winning customer inquiries in the European corporate bond market" using an IBM Heron quantum system, when compared to classical computing resources. As HSBC noted - "The results show the value quantum computers could offer when integrated into the dynamic problems facing the financial services industry, and how they could potentially offer superior solutions over standard methods which use classical computers alone."
Evercore ISI
$315
Buy
11.64%
Upside
Reiterated
09/25/25
IBM's Quantum Computing Advancements and Strategic Partnerships Justify Buy RatingWe think this validates the attractiveness of deploying quantum compute for business use cases and perhaps also highlights how IBM is well positioned given their deep engagement and relationship with key companies across several verticals. Net/net: We think the data sets show another underappreciated catalyst that can help IBM stock keep re-rating. IBM has a $1.0B order book on quantum compute that we think will accelerate over the next 3-4 years. Maintain OP and $315 target.
Bernstein
$280
Hold
-0.77%
Downside
Initiated
09/15/25
TR | OpenAI - 4o
$263→$274
Buy
-2.89%
Downside
Reiterated
09/05/25
AI Generated ArticleAI Generated Article
Erste Group
―
Hold
―
Downgraded
08/14/25
Bank of America Securities
$310
Buy
9.87%
Upside
Reiterated
07/29/25
Positive Outlook for IBM: Transition to High-Margin Software and AI-Driven GrowthWe look at various factors that can drive this volatility. Maintain Buy as IBM is mixing up to higher margin Software over time and driving strong growth in FCF. Understanding the volatility We view the following as key reasons behind the volatility of TP. (1) Launch of a new mainframe (z17) that causes rotation of spending towards hardware vs. software, (2) tougher comps from 2024 driven by MIPS and pricing strength, (3) Lumpy capacity and upgrade behavior where customers could upgrade in large increments and then pause for a few qtrs, (4) Timing of renewals can be a factor where large deals signed at the end of last year could create a slowdown over the following few qtrs., (5) Macro environment could create a pause for add on software on the mainframe.
Jefferies
$280
Hold
-0.77%
Downside
Reiterated
07/24/25
BMO Capital
$300
Hold
6.32%
Upside
Reiterated
07/24/25
J.P. Morgan
$290
Hold
2.78%
Upside
Reiterated
07/24/25
Stifel Nicolaus
$310
Buy
9.87%
Upside
Reiterated
07/24/25
UBS
$195→$200
Sell
-29.12%
Downside
Reiterated
07/24/25
RBC Capital
$285→$315
Buy
11.64%
Upside
Reiterated
07/24/25
Goldman Sachs
$310→$320
Buy
13.41%
Upside
Reiterated
07/23/25
Melius Research
$287→$350
Buy
24.04%
Upside
Reiterated
07/07/25
Wedbush
$300→$325
Buy
15.18%
Upside
Reiterated
06/20/25
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
$253
Hold
-10.33%
Downside
Reiterated
09/26/25
IBM's Quantum Computing Leadership: Potential and Caution in Early Market StagesWe share a few thoughts on this news below. M What's new? In a press release earlier today, HSBC disclosed that they were able to "deliver up to a 34% improvement in predicting the probability of winning customer inquiries in the European corporate bond market" using an IBM Heron quantum system, when compared to classical computing resources. As HSBC noted - "The results show the value quantum computers could offer when integrated into the dynamic problems facing the financial services industry, and how they could potentially offer superior solutions over standard methods which use classical computers alone."
Evercore ISI
$315
Buy
11.64%
Upside
Reiterated
09/25/25
IBM's Quantum Computing Advancements and Strategic Partnerships Justify Buy RatingWe think this validates the attractiveness of deploying quantum compute for business use cases and perhaps also highlights how IBM is well positioned given their deep engagement and relationship with key companies across several verticals. Net/net: We think the data sets show another underappreciated catalyst that can help IBM stock keep re-rating. IBM has a $1.0B order book on quantum compute that we think will accelerate over the next 3-4 years. Maintain OP and $315 target.
Bernstein
$280
Hold
-0.77%
Downside
Initiated
09/15/25
TR | OpenAI - 4o
$263→$274
Buy
-2.89%
Downside
Reiterated
09/05/25
AI Generated ArticleAI Generated Article
Erste Group
―
Hold
―
Downgraded
08/14/25
Bank of America Securities
$310
Buy
9.87%
Upside
Reiterated
07/29/25
Positive Outlook for IBM: Transition to High-Margin Software and AI-Driven GrowthWe look at various factors that can drive this volatility. Maintain Buy as IBM is mixing up to higher margin Software over time and driving strong growth in FCF. Understanding the volatility We view the following as key reasons behind the volatility of TP. (1) Launch of a new mainframe (z17) that causes rotation of spending towards hardware vs. software, (2) tougher comps from 2024 driven by MIPS and pricing strength, (3) Lumpy capacity and upgrade behavior where customers could upgrade in large increments and then pause for a few qtrs, (4) Timing of renewals can be a factor where large deals signed at the end of last year could create a slowdown over the following few qtrs., (5) Macro environment could create a pause for add on software on the mainframe.
Jefferies
$280
Hold
-0.77%
Downside
Reiterated
07/24/25
BMO Capital
$300
Hold
6.32%
Upside
Reiterated
07/24/25
J.P. Morgan
$290
Hold
2.78%
Upside
Reiterated
07/24/25
Stifel Nicolaus
$310
Buy
9.87%
Upside
Reiterated
07/24/25
UBS
$195→$200
Sell
-29.12%
Downside
Reiterated
07/24/25
RBC Capital
$285→$315
Buy
11.64%
Upside
Reiterated
07/24/25
Goldman Sachs
$310→$320
Buy
13.41%
Upside
Reiterated
07/23/25
Melius Research
$287→$350
Buy
24.04%
Upside
Reiterated
07/07/25
Wedbush
$300→$325
Buy
15.18%
Upside
Reiterated
06/20/25
Best Analysts Covering International Business Machines
1 Month
xxx
Success Rate
9/15 ratings generated profit
Average Return
+3.86%
reiterated a xxx
rating 7 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 60.00% of your transactions generating a profit, with an average return of +3.86% per trade.
3 Months
xxx
Success Rate
11/15 ratings generated profit
Average Return
+9.07%
reiterated a xxx
rating 7 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 73.33% of your transactions generating a profit, with an average return of +9.07% per trade.
1 Year
Success Rate
13/15 ratings generated profit
Average Return
+22.83%
reiterated a buy rating 7 days ago
Copying Amit Daryanani's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +22.83% per trade.
2 Years
xxx
Success Rate
13/15 ratings generated profit
Average Return
+26.23%
reiterated a xxx
rating 7 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 86.67% of your transactions generating a profit, with an average return of +26.23% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
IBM Analyst Recommendation Trends
Rating
May 25
Jun 25
Jul 25
Aug 25
Sep 25
Strong Buy
0
0
0
0
0
Buy
22
25
23
18
14
Hold
14
13
12
9
11
Sell
3
3
3
2
2
Strong Sell
0
0
0
0
0
total
39
41
38
29
27
Each month's total comprises the sum of three months' worth of ratings.
IBM Financial Forecast
IBM Stock Forecast FAQ
What is IBM’s average 12-month price target, according to analysts?
Based on analyst ratings, International Business Machines’s 12-month average price target is 293.58.
What is IBM’s upside potential, based on the analysts’ average price target?
International Business Machines has 4.05% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is IBM a Buy, Sell or Hold?
International Business Machines has a consensus rating of Moderate Buy which is based on 6 buy ratings, 6 hold ratings and 1 sell ratings.
What is International Business Machines’s price target?
The average price target for International Business Machines is 293.58. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $350.00 ,the lowest forecast is $200.00. The average price target represents 4.05% Increase from the current price of $282.16.
The highest analyst price target is $350.00 ,the lowest forecast is $200.00. The average price target represents 4.05% Increase from the current price of $282.16.
What do analysts say about International Business Machines?
International Business Machines’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
How can I buy shares of IBM?
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