International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
217.40
-2.35 (-1.07%)
At close: Jan 13, 2025, 4:00 PM
217.63
+0.23 (0.11%)
After-hours: Jan 13, 2025, 7:51 PM EST
IBM Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for IBM stock have an average target of 216.38, with a low estimate of 145 and a high estimate of 260. The average target predicts a decrease of -0.47% from the current stock price of 217.40.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for IBM stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Total | 14 | 14 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bernstein | Bernstein | Hold Maintains $210 → $215 | Hold | Maintains | $210 → $215 | -1.10% | Jan 3, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $208 → $222 | Hold | Maintains | $208 → $222 | +2.12% | Dec 16, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $250 | Buy | Reiterates | $250 | +15.00% | Oct 24, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $217 → $208 | Hold | Maintains | $217 → $208 | -4.32% | Oct 24, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $235 → $260 | Hold | Maintains | $235 → $260 | +19.60% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
63.45B
from 61.86B
Increased by 2.58%
Revenue Next Year
66.66B
from 63.45B
Increased by 5.05%
EPS This Year
10.32
from 8.14
Increased by 26.84%
EPS Next Year
10.86
from 10.32
Increased by 5.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 66.1B | 72.2B | 76.1B | |||
| Avg | 63.5B | 66.7B | 69.4B | |||
| Low | 61.5B | 63.1B | 65.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.8% | 13.8% | 14.1% | |||
| Avg | 2.6% | 5.0% | 4.1% | |||
| Low | -0.6% | -0.5% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.94 | 11.69 | 12.44 | |||
| Avg | 10.32 | 10.86 | 11.34 | |||
| Low | 9.90 | 10.15 | 10.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 34.5% | 13.2% | 14.6% | |||
| Avg | 26.8% | 5.2% | 4.5% | |||
| Low | 21.6% | -1.6% | -2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.