International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
233.43
-2.49 (-1.06%)
At close: Aug 6, 2026, 4:00 PM EDT
233.75
+0.32 (0.14%)
After-hours: Aug 6, 2026, 7:55 PM EDT

IBM Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, IBM stock has a consensus rating of "Buy" and an average price target of $244.16. The average 1-year stock price forecast is 4.60% higher than the current stock price, while the lowest is $174 (-25.46%) and the highest is $350 (+49.94%).

Price Target: $244.16 (+4.60%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$174$244.16$239.6$350
Change-25.46%+4.60%+2.64%+49.94%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy9910111211
Buy221133
Hold889779
Sell111211
Strong Sell110001
Total212121212325

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Susquehanna
Susquehanna
Hold
Maintains
$303$225
HoldMaintains$303$225-3.61%Jul 24, 2026
Citi
Citi
Buy
Maintains
$255$245
BuyMaintains$255$245+4.96%Jul 24, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$235
BuyMaintains$235+0.67%Jul 23, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$250
BuyMaintains$250+7.10%Jul 23, 2026
UBS
UBS
Hold
Maintains
$236
HoldMaintains$236+1.10%Jul 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
70.38B
from 67.54B
Increased by 4.21%
Revenue Next Year
73.26B
from 70.38B
Increased by 4.10%
EPS This Year
12.33
from 11.59
Increased by 6.36%
EPS Next Year
13.17
from 12.33
Increased by 6.88%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
57.35B60.53B61.86B62.75B67.54B70.38B
Revenue Growth
3.94%5.54%2.20%1.44%7.62%4.21%
Gross Profit
31.49B32.69B34.30B35.55B39.30B41.63B
Gross Margin
54.90%54.00%55.45%56.65%58.19%59.16%
Operating Income
5.58B7.52B9.42B9.79B12.62B14.97B
Net Income
5.74B1.64B7.50B6.02B10.59B9.81B
EPS
----11.5912.33
EPS Growth
----12.20%6.36%
Forward PE
12.8114.6316.6021.1224.5018.94
Dividend / Share
6.556.596.636.676.716.76
Dividend Growth
-0.61%0.61%0.60%0.60%0.73%
Free Cash Flow
4.63B9.68B10.52B9.33B13.19B15.48B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High70.9B
Avg70.4B
Low69.9B

Revenue Growth

Revenue Growth202620272028
High
5.0%
Avg
4.2%
Low
3.5%

EPS Forecast

EPS202620272028
High12.63
Avg12.33
Low12.08

EPS Growth

EPS Growth202620272028
High
9.0%
Avg
6.4%
Low
4.2%