IBM Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for IBM stock have an average target of 236.93, with a low estimate of 145 and a high estimate of 320. The average target predicts a decrease of -10.33% from the current stock price of 264.21.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$145	$236.93	$246	$320
Change	-45.12%	-10.33%	-6.89%	+21.12%

Analyst Ratings

The average analyst rating for IBM stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	3	3	3	3	3	3
Buy	2	2	2	2	3	4
Hold	6	6	6	6	6	6
Sell	1	1	1	1	1	1
Strong Sell	2	2	2	2	1	1
Total	14	14	14	14	14	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Param Singh Oppenheimer	Oppenheimer	Buy Initiates $320	Buy	Initiates	$320	+21.12%	Feb 11, 2025
Brian Essex JP Morgan	JP Morgan	Hold Maintains $233 → $244	Hold	Maintains	$233 → $244	-7.65%	Jan 30, 2025
Brent Thill Jefferies	Jefferies	Hold Maintains $245 → $270	Hold	Maintains	$245 → $270	+2.19%	Jan 30, 2025
Wamsi Mohan B of A Securities	B of A Securities	Strong Buy Maintains $260 → $270	Strong Buy	Maintains	$260 → $270	+2.19%	Jan 30, 2025
Keith Bachman BMO Capital	BMO Capital	Hold Maintains $260 → $280	Hold	Maintains	$260 → $280	+5.98%	Jan 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

65.63B

from 62.75B

4.58%

from 62.75B

Revenue Next Year

68.68B

from 65.63B

4.65%

from 65.63B

EPS This Year

10.83

from 6.43

68.47%

from 6.43

EPS Next Year

11.53

from 10.83

6.44%

from 10.83

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	55.18B	57.35B	60.53B	61.86B	62.75B	65.63B	68.68B	71.63B
Revenue Growth	-4.39%	3.94%	5.54%	2.20%	1.44%	4.58%	4.65%	4.30%
EPS	6.23	6.35	1.79	8.14	6.43	10.83	11.53	12.37
EPS Growth	-40.97%	1.86%	-71.75%	353.76%	-21.00%	68.47%	6.44%	7.28%
Forward PE	-	-	-	-	-	24.40	22.92	21.36
No. Analysts	-	-	-	-	-	23	22	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	69.0B	73.6B	75.9B
Avg	65.6B	68.7B	71.6B
Low	62.5B	65.3B	67.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.0%	12.2%	10.6%
Avg	4.6%	4.7%	4.3%
Low	-0.4%	-0.5%	-2.4%

EPS Forecast

EPS	2025	2026	2027
High	11.71	12.85	14.25
Avg	10.83	11.53	12.37
Low	9.48	10.11	11.02

EPS Growth

EPS Growth	2025	2026	2027
High	82.1%	18.7%	23.6%
Avg	68.5%	6.4%	7.3%
Low	47.4%	-6.6%	-4.4%

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.