International Business Machines Corporation (IBM)
NYSE: IBM · IEX Real-Time Price · USD
183.25
-1.97 (-1.06%)
At close: Jul 19, 2024, 4:00 PM
183.47
+0.22 (0.12%)
Pre-market: Jul 22, 2024, 5:44 AM EDT
IBM Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for IBM stock have an average target of 178.67, with a low estimate of 130 and a high estimate of 220. The average target predicts a decrease of -2.50% from the current stock price of 183.25.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for IBM stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 7 | 6 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Total | 13 | 12 | 13 | 14 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $200 | Strong Buy | Initiates | $200 | +9.14% | Jun 24, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $200 | Buy | Reiterates | $200 | +9.14% | May 22, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $200 | Buy | Reiterates | $200 | +9.14% | May 16, 2024 |
| Stifel | Stifel | Strong Buy Maintains $190 | Strong Buy | Maintains | $190 | +3.68% | May 16, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Sell Initiates $145 | Sell | Initiates | $145 | -20.87% | May 2, 2024 |
Financial Forecast
Revenue This Year
63.66B
from 61.86B
Increased by 2.91%
Revenue Next Year
66.60B
from 63.66B
Increased by 4.61%
EPS This Year
10.04
from 8.14
Increased by 23.32%
EPS Next Year
10.54
from 10.04
Increased by 5.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 66.6B | 70.8B | 74.8B | 78.2B | 82.8B |
| Avg | 63.7B | 66.6B | 69.9B | 72.7B | 75.4B |
| Low | 61.3B | 62.9B | 64.2B | 67.3B | 68.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7% | 11.3% | 12.3% | 11.8% | 13.9% |
| Avg | 2.9% | 4.6% | 5.0% | 3.9% | 3.7% |
| Low | -0.9% | -1.2% | -3.6% | -3.8% | -6.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.84 | 11.38 | 12.29 | 12.75 | 13.82 |
| Avg | 10.04 | 10.54 | 11.16 | 11.92 | 12.63 |
| Low | 9.51 | 9.66 | 10.38 | 11.24 | 11.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.1% | 13.4% | 16.5% | 14.2% | 15.9% |
| Avg | 23.3% | 5.0% | 5.9% | 6.8% | 5.9% |
| Low | 16.8% | -3.7% | -1.5% | 0.7% | -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.