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 $288.62, which forecasts a -6.33% decrease in the stock price over the next year. The lowest target is $210 and the highest is $325.

Price Target: $288.62 (-6.33%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$288.62	$300	$325
Change	-31.85%	-6.33%	-2.64%	+5.47%

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
David Vogt UBS	UBS	Strong Sell Maintains $200 → $210	Strong Sell	Maintains	$200 → $210	-31.85%	Oct 23, 2025
Erik Woodring Morgan Stanley	Morgan Stanley	Hold Maintains $256 → $252	Hold	Maintains	$256 → $252	-18.22%	Oct 23, 2025
David Grossman Stifel	Stifel	Strong Buy Maintains $310 → $295	Strong Buy	Maintains	$310 → $295	-4.26%	Oct 23, 2025
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $315 → $300	Buy	Maintains	$315 → $300	-2.64%	Oct 23, 2025
Keith Bachman BMO Capital	BMO Capital	Hold Maintains $300 → $305	Hold	Maintains	$300 → $305	-1.02%	Oct 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

67.42B

Increased by 7.43%

from 62.75B

Revenue Next Year

70.40B

Increased by 4.43%

from 67.42B

EPS This Year

11.24

Increased by 74.86%

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	67.42B	70.40B
Revenue Growth	-4.39%	3.94%	5.54%	2.20%	1.44%	7.43%	4.43%
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%	74.86%	6.99%
Forward PE	-	-	-	-	-	27.41	25.62
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	71.0B	74.2B
Avg	67.4B	70.4B
Low	65.0B	67.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	13.1%	10.0%
Avg	7.4%	4.4%
Low	3.6%	-0.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	11.94	13.29
Avg	11.24	12.03
Low	10.20	10.58

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	85.7%	18.3%
Avg	74.9%	7.0%
Low	58.7%	-5.8%

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.