International Business Machines Corporation (IBM)

IBM Stock Forecast

Stock Price Forecast

The 13 analysts that cover IBM stock have a consensus rating of "Buy" and an average price target of $285.23, which forecasts a -0.53% decrease in the stock price over the next year. The lowest target is $200 and the highest is $325.

Price Target: $285.23 (-0.53%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$200	$285.23	$300	$325
Change	-30.26%	-0.53%	+4.62%	+13.34%

Analyst Ratings

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

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	3	3	3	3	3	3
Buy	5	5	5	5	4	4
Hold	5	5	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	14	14	14	14	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Toni Sacconaghi Bernstein	Bernstein	Hold Initiates $280	Hold	Initiates	$280	-2.36%	Sep 16, 2025
David Vogt UBS	UBS	Strong Sell Maintains $195 → $200	Strong Sell	Maintains	$195 → $200	-30.26%	Jul 24, 2025
Brian Essex JP Morgan	JP Morgan	Hold Maintains $244 → $290	Hold	Maintains	$244 → $290	+1.13%	Jul 24, 2025
Wamsi Mohan B of A Securities	B of A Securities	Strong Buy Maintains $320 → $310	Strong Buy	Maintains	$320 → $310	+8.10%	Jul 24, 2025
Keith Bachman BMO Capital	BMO Capital	Hold Maintains $260 → $300	Hold	Maintains	$260 → $300	+4.62%	Jul 18, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

67.45B

Increased by 7.48%

from 62.75B

Revenue Next Year

70.40B

Increased by 4.38%

from 67.45B

EPS This Year

11.24

Increased by 74.91%

from 6.43

EPS Next Year

12.03

Increased by 6.99%

from 11.24

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	55.18B	57.35B	60.53B	61.86B	62.75B	67.45B	70.40B
Revenue Growth	-4.39%	3.94%	5.54%	2.20%	1.44%	7.48%	4.38%
EPS	6.23	6.35	1.79	8.14	6.43	11.24	12.03
EPS Growth	-40.98%	1.86%	-71.75%	353.76%	-21.00%	74.91%	6.99%
Forward PE	-	-	-	-	-	25.50	23.84
No. Analysts	-	-	-	-	-	24	24

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	71.2B	74.3B
Avg	67.4B	70.4B
Low	65.0B	67.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	13.5%	10.2%
Avg	7.5%	4.4%
Low	3.6%	-0.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	11.97	13.38
Avg	11.24	12.03
Low	10.20	10.58

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	86.2%	19.0%
Avg	74.9%	7.0%
Low	58.7%	-5.9%

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.