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International Business Machines Corporation (IBM) Stock Forecast

Data as of Jun 16, 2026

Technology · Current price $270.62 (+0.72%)

Consensus Target
$349.50
Upside
+14.2%
Analysts
31
Rating
Buy(2.39)

Price Target Range

Low $304.00Consensus $349.50High $380.00
▲ Current $270.62

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy11
Hold5
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 17, 2026Matthew SwansonRBC Capital$330.00+21.9%
Apr 14, 2026Erik WoodringMorgan Stanley$215.00-20.6%
Jan 29, 2026Matthew SwansonRBC Capital$361.00+33.4%
Jan 29, 2026Param SinghOppenheimer$380.00+40.4%
Jan 29, 2026Daniel IvesWedbush$340.00+25.6%
Jan 29, 2026Keith BachmanBMO Capital$350.00+29.3%
Jan 29, 2026David VogtUBS$236.00-12.8%
Dec 9, 2025David GrossmanStifel Nicolaus$325.00+20.1%
Oct 23, 2025David GrossmanStifel Nicolaus$295.00+9.0%
Oct 21, 2025Brent ThillJefferies$305.00+12.7%
Oct 21, 2025Brent ThillJefferies$300.00+10.9%
Oct 15, 2025Erik WoodringMorgan Stanley$256.00-5.4%
Apr 24, 2025Rob ChangKGI Securities$242.00-10.6%
Apr 24, 2025David VogtUBS$170.00-37.2%
Oct 24, 2024Keith BachmanLoop Capital Markets$260.00-3.9%
Oct 24, 2024Matthew SwansonRBC Capital$250.00-7.6%
Oct 24, 2024Wamsi MohanBank of America Securities$250.00-7.6%
Oct 24, 2024James SchneiderGoldman Sachs$250.00-7.6%
Oct 16, 2024David GrossmanStifel Nicolaus$246.00-9.1%
Sep 27, 2024Amit DaryananiEvercore ISI$240.00-11.3%

IBM vs Sector & Market

MetricIBMTechnology AvgLarge Cap Avg
Analyst Rating2.392.352.40
Analyst Count311419
Target Upside+14.2%+1281.8%+17.1%
P/E Ratio23.9337.6731.64

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$70.21B$71.41B$72.15B15
2027-03-31$16.33B$16.62B$16.82B5
2027-06-30$18.30B$18.63B$18.84B5
2027-09-30$17.50B$17.82B$18.03B5
2027-12-31$21.10B$21.48B$21.73B5
2028-03-31$16.66B$16.96B$17.15B4
2028-06-30$18.66B$18.99B$19.21B4
2028-09-30$17.75B$18.07B$18.28B4
2028-12-31$21.50B$21.89B$22.14B4
2029-12-31$79.29B$80.59B$81.61B11
2030-12-31$81.54B$82.87B$83.91B6

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$12.05$12.41$12.7011
2027-03-31$2.06$2.11$2.144
2027-06-30$3.16$3.23$3.285
2027-09-30$3.11$3.18$3.238
2027-12-31$4.69$4.80$4.884
2028-03-31$2.14$2.19$2.235
2028-06-30$3.26$3.33$3.387
2028-09-30$3.31$3.39$3.4410
2028-12-31$4.94$5.06$5.135
2029-12-31$13.90$14.20$14.431
2030-12-31$12.99$13.27$13.491

Frequently Asked Questions

What is the analyst consensus for IBM?

The consensus among 31 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?

31 analysts have issued ratings for International Business Machines Corporation in the past 12 months.

Is IBM a buy or sell right now?

Based on 31 analyst ratings, IBM has a consensus rating of Buy (2.39/5) with a +14.2% 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.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.