International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
227.34
-0.05 (-0.02%)
Dec 3, 2024, 2:01 PM EST - Market open
IBM Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for IBM stock have an average target of 208.07, with a low estimate of 143 and a high estimate of 260. The average target predicts a decrease of -8.48% from the current stock price of 227.34.
Analyst Consensus: Hold
* Price targets were last updated on Oct 24, 2024.
Analyst Ratings
The average analyst rating for IBM stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 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 | 2 |
| Total | 15 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $250 | Buy | Reiterates | $250 | +9.97% | Oct 24, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $217 → $208 | Hold | Maintains | $217 → $208 | -8.51% | Oct 24, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $235 → $260 | Hold | Maintains | $235 → $260 | +14.37% | Oct 24, 2024 |
| Jefferies | Jefferies | Hold Maintains $200 → $245 | Hold | Maintains | $200 → $245 | +7.77% | Oct 21, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $182 → $217 | Hold | Maintains | $182 → $217 | -4.55% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
63.46B
from 61.86B
Increased by 2.58%
Revenue Next Year
66.51B
from 63.46B
Increased by 4.81%
EPS This Year
10.36
from 8.14
Increased by 27.28%
EPS Next Year
10.72
from 10.36
Increased by 3.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 66.1B | 70.6B | 73.7B | |||
| Avg | 63.5B | 66.5B | 69.1B | |||
| Low | 61.5B | 63.1B | 65.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.8% | 11.2% | 10.8% | |||
| Avg | 2.6% | 4.8% | 3.9% | |||
| Low | -0.6% | -0.5% | -2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.40 | 11.69 | 12.44 | |||
| Avg | 10.36 | 10.72 | 11.16 | |||
| Low | 9.90 | 8.10 | 9.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 40.1% | 12.8% | 16.1% | |||
| Avg | 27.3% | 3.5% | 4.1% | |||
| Low | 21.6% | -21.7% | -14.1% |
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.