International Business Machines Corporation (IBM) Stock Forecast
Data as of May 2, 2026Technology · Current price $232.22 (+0.54%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Apr 17, 2026 | Matthew Swanson | RBC Capital | $330.00 | +42.1% |
| Apr 14, 2026 | Erik Woodring | Morgan Stanley | $215.00 | -7.4% |
| Jan 29, 2026 | Matthew Swanson | RBC Capital | $361.00 | +55.5% |
| Jan 29, 2026 | Param Singh | Oppenheimer | $380.00 | +63.6% |
| Jan 29, 2026 | Daniel Ives | Wedbush | $340.00 | +46.4% |
| Jan 29, 2026 | Keith Bachman | BMO Capital | $350.00 | +50.7% |
| Jan 29, 2026 | David Vogt | UBS | $236.00 | +1.6% |
| Dec 9, 2025 | David Grossman | Stifel Nicolaus | $325.00 | +40.0% |
| Oct 23, 2025 | David Grossman | Stifel Nicolaus | $295.00 | +27.0% |
| Oct 21, 2025 | Brent Thill | Jefferies | $305.00 | +31.3% |
| Oct 21, 2025 | Brent Thill | Jefferies | $300.00 | +29.2% |
| Oct 15, 2025 | Erik Woodring | Morgan Stanley | $256.00 | +10.2% |
| Apr 24, 2025 | Rob Chang | KGI Securities | $242.00 | +4.2% |
| Apr 24, 2025 | David Vogt | UBS | $170.00 | -26.8% |
| Oct 24, 2024 | Keith Bachman | Loop Capital Markets | $260.00 | +12.0% |
| Oct 24, 2024 | Matthew Swanson | RBC Capital | $250.00 | +7.7% |
| Oct 24, 2024 | Wamsi Mohan | Bank of America Securities | $250.00 | +7.7% |
| Oct 24, 2024 | James Schneider | Goldman Sachs | $250.00 | +7.7% |
| Oct 16, 2024 | David Grossman | Stifel Nicolaus | $246.00 | +5.9% |
| Sep 27, 2024 | Amit Daryanani | Evercore ISI | $240.00 | +3.3% |
Top Analysts Covering IBM
IBM vs Sector & Market
| Metric | IBM | Technology Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.43 | 2.34 | 2.41 |
| Analyst Count | 28 | 13 | 18 |
| Target Upside | +33.3% | +4072.7% | +14.9% |
| P/E Ratio | 20.53 | 27.91 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $70.21B | $71.41B | $72.15B | 15 |
| 2027-03-31 | $16.33B | $16.62B | $16.82B | 5 |
| 2027-06-30 | $18.30B | $18.63B | $18.84B | 5 |
| 2027-09-30 | $17.50B | $17.82B | $18.03B | 5 |
| 2027-12-31 | $21.10B | $21.48B | $21.73B | 5 |
| 2028-03-31 | $16.66B | $16.96B | $17.15B | 4 |
| 2028-06-30 | $18.66B | $18.99B | $19.21B | 4 |
| 2028-09-30 | $17.75B | $18.07B | $18.28B | 4 |
| 2028-12-31 | $21.50B | $21.89B | $22.14B | 4 |
| 2029-12-31 | $79.29B | $80.59B | $81.61B | 11 |
| 2030-12-31 | $81.54B | $82.87B | $83.91B | 6 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $12.05 | $12.41 | $12.70 | 11 |
| 2027-03-31 | $2.06 | $2.11 | $2.14 | 4 |
| 2027-06-30 | $3.16 | $3.23 | $3.28 | 5 |
| 2027-09-30 | $3.11 | $3.18 | $3.23 | 8 |
| 2027-12-31 | $4.69 | $4.80 | $4.88 | 4 |
| 2028-03-31 | $2.14 | $2.19 | $2.23 | 5 |
| 2028-06-30 | $3.26 | $3.33 | $3.38 | 7 |
| 2028-09-30 | $3.31 | $3.39 | $3.44 | 10 |
| 2028-12-31 | $4.94 | $5.06 | $5.13 | 5 |
| 2029-12-31 | $13.90 | $14.20 | $14.43 | 1 |
| 2030-12-31 | $12.99 | $13.27 | $13.49 | 1 |
Frequently Asked Questions
What is the analyst consensus for IBM?
The consensus among 28 analysts covering International Business Machines Corporation (IBM) is Buy with an average price target of $349.50.
What is the highest price target for IBM?
The highest price target for IBM is $380.00, set by Param Singh at Oppenheimer on 2026-01-29.
What is the lowest price target for IBM?
The lowest price target for IBM is $112.00, set by David Vogt Vogt at UBS on 2022-09-30.
How many analysts cover IBM?
28 analysts have issued ratings for International Business Machines Corporation in the past 12 months.
Is IBM a buy or sell right now?
Based on 28 analyst ratings, IBM has a consensus rating of Buy (2.43/5) with a +33.3% upside to the consensus target of $349.50.
What are the earnings estimates for IBM?
Analysts estimate IBM will report EPS of $12.41 for the period ending 2026-12-31, with revenue estimated at $71.41B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.