Education
About Us
Working with TipRanks
Follow Us
International Business Machines (IBM)
NYSE:IBM
IBM Analyst Ratings
Moderate Buy
10 Buy
5 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
$303.71
▲(0.13% Upside)
| Highest Price Target$360.00 | Average Price Target$303.71 | Lowest Price Target$210.00 |
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
$252
Hold
-16.92%
Downside
Reiterated
12/09/25
BMO Capital
$305
Hold
0.55%
Upside
Reiterated
12/09/25
Stifel Nicolaus
$295→$325
Buy
7.15%
Upside
Reiterated
12/09/25
Bernstein
$280
Hold
-7.69%
Downside
Reiterated
12/09/25
Oppenheimer
$360
Buy
18.69%
Upside
Reiterated
12/09/25
Bank of America Securities
$315
Buy
3.85%
Upside
Reiterated
12/08/25
IBM's Strategic Acquisition of Confluent: Enhancing AI Capabilities and Driving Software GrowthWe see this acquisition as in-line with IBM’s focus on AI as Confluent is a platform for real-time data streaming (built around Apache Kafka), and important for enterprises using Gen AI, real- time applications and modern workloads. A purchase price of $11bn represents ~8.1x/7.0x EV to C26E/C27E Confluent-only sales, and ~76x/50x EV to C26E/C27E Confluent-only EBITDA. Confluent can enhance IBM’s AI offering and help modernize clients who currently rely on legacy middleware tools. Depending on timing of close (assuming closing by mid 2026), we expect approx. $600mn of rev contribution that could add ~2% to IBM’s software growth in 2026 and 2027. Reiterate Buy as mix shifts to higher margin software and IBM drives solid FCF growth. PO remains $315 on 23x C26 EV/FCF.
Jefferies
$300
Hold
-1.09%
Downside
Reiterated
12/08/25
Goldman Sachs
$350
Buy
15.39%
Upside
Reiterated
12/08/25
Analysts Offer Insights on Technology Companies: DocuSign (NASDAQ: DOCU), Adobe (NASDAQ: ADBE) and International Business Machines (NYSE: IBM)We see this proposed acquisition as a modest strategic positive, as Confl uent is an asset that should extend IBM’s long-standing infrastructure strategy centered on hybrid cloud, DevOps, and multi-cloud modernization. Overall, we think a successful acquisition would reinforce IBM’s strategic pivot toward higher-growth, higher-margin software while strengthening its competitive positioning in an expanding >$100bn real-time data and AI infrastructure market. Importantly, the deal (if the transaction is completed) should extend IBM’s inorganic growth contribution through 2026 and into 2027, which should allow the company to continue to post Software revenue growth rates around 10%. For reference, GS analyst Kash Rangan models Confl uent revenue growth around ~15% in coming years.
J.P. Morgan
$290
Hold
-4.39%
Downside
Reiterated
12/08/25
UBS
$200→$210
Sell
-30.77%
Downside
Reiterated
12/08/25
Erste Group
―
Buy
―
Upgraded
12/05/25
Evercore ISI
$315
Buy
3.85%
Upside
Reiterated
11/19/25
Melius Research
―
Buy
―
Reiterated
10/31/25
Wedbush
$325
Buy
7.15%
Upside
Reiterated
10/23/25
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
$252
Hold
-16.92%
Downside
Reiterated
12/09/25
BMO Capital
$305
Hold
0.55%
Upside
Reiterated
12/09/25
Stifel Nicolaus
$295→$325
Buy
7.15%
Upside
Reiterated
12/09/25
Bernstein
$280
Hold
-7.69%
Downside
Reiterated
12/09/25
Oppenheimer
$360
Buy
18.69%
Upside
Reiterated
12/09/25
Bank of America Securities
$315
Buy
3.85%
Upside
Reiterated
12/08/25
IBM's Strategic Acquisition of Confluent: Enhancing AI Capabilities and Driving Software GrowthWe see this acquisition as in-line with IBM’s focus on AI as Confluent is a platform for real-time data streaming (built around Apache Kafka), and important for enterprises using Gen AI, real- time applications and modern workloads. A purchase price of $11bn represents ~8.1x/7.0x EV to C26E/C27E Confluent-only sales, and ~76x/50x EV to C26E/C27E Confluent-only EBITDA. Confluent can enhance IBM’s AI offering and help modernize clients who currently rely on legacy middleware tools. Depending on timing of close (assuming closing by mid 2026), we expect approx. $600mn of rev contribution that could add ~2% to IBM’s software growth in 2026 and 2027. Reiterate Buy as mix shifts to higher margin software and IBM drives solid FCF growth. PO remains $315 on 23x C26 EV/FCF.
Jefferies
$300
Hold
-1.09%
Downside
Reiterated
12/08/25
Goldman Sachs
$350
Buy
15.39%
Upside
Reiterated
12/08/25
Analysts Offer Insights on Technology Companies: DocuSign (NASDAQ: DOCU), Adobe (NASDAQ: ADBE) and International Business Machines (NYSE: IBM)We see this proposed acquisition as a modest strategic positive, as Confl uent is an asset that should extend IBM’s long-standing infrastructure strategy centered on hybrid cloud, DevOps, and multi-cloud modernization. Overall, we think a successful acquisition would reinforce IBM’s strategic pivot toward higher-growth, higher-margin software while strengthening its competitive positioning in an expanding >$100bn real-time data and AI infrastructure market. Importantly, the deal (if the transaction is completed) should extend IBM’s inorganic growth contribution through 2026 and into 2027, which should allow the company to continue to post Software revenue growth rates around 10%. For reference, GS analyst Kash Rangan models Confl uent revenue growth around ~15% in coming years.
J.P. Morgan
$290
Hold
-4.39%
Downside
Reiterated
12/08/25
UBS
$200→$210
Sell
-30.77%
Downside
Reiterated
12/08/25
Erste Group
―
Buy
―
Upgraded
12/05/25
Evercore ISI
$315
Buy
3.85%
Upside
Reiterated
11/19/25
Melius Research
―
Buy
―
Reiterated
10/31/25
Wedbush
$325
Buy
7.15%
Upside
Reiterated
10/23/25
Best Analysts Covering International Business Machines
1 Month
xxx
Success Rate
12/18 ratings generated profit
Average Return
+3.94%
reiterated a xxx
rating 30 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +3.94% per trade.
3 Months
xxx
Success Rate
11/14 ratings generated profit
Average Return
+9.54%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 78.57% of your transactions generating a profit, with an average return of +9.54% per trade.
1 Year
Success Rate
14/14 ratings generated profit
Average Return
+34.11%
reiterated a buy rating 2 months ago
Copying Matthew Swanson's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +34.11% per trade.
2 Years
xxx
Success Rate
14/14 ratings generated profit
Average Return
+52.34%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +52.34% 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
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
0
0
0
0
0
Buy
18
14
16
18
24
Hold
9
11
9
9
12
Sell
2
2
2
2
3
Strong Sell
0
0
0
0
0
total
29
27
27
29
39
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 303.71.
What is IBM’s upside potential, based on the analysts’ average price target?
International Business Machines has 0.13% 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 10 buy ratings, 5 hold ratings and 1 sell ratings.
What is International Business Machines’s price target?
The average price target for International Business Machines is 303.71. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $360.00 ,the lowest forecast is $210.00. The average price target represents 0.13% Increase from the current price of $303.32.
The highest analyst price target is $360.00 ,the lowest forecast is $210.00. The average price target represents 0.13% Increase from the current price of $303.32.
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 16 Wall Streets Analysts.
How can I buy shares of IBM?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.