International Business Machines Corporation (IBM)
NYSE: IBM · IEX Real-Time Price · USD
169.21
+0.09 (0.05%)
At close: Jun 14, 2024, 4:00 PM
169.16
-0.05 (-0.03%)
After-hours: Jun 14, 2024, 7:59 PM EDT

IBM Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for IBM stock have an average target of 177.14, with a low estimate of 130 and a high estimate of 220. The average target predicts an increase of 4.69% from the current stock price of 169.21.

Analyst Consensus: Hold
Target Low Average Median High
Price $130 $177.14 $186 $220
Change -23.17% +4.69% +9.92% +30.02%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222222
Buy 333333
Hold 776666
Sell 000011
Strong Sell 111222
Total 131312131414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$200
Buy Reiterates $200 +18.20% May 22, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$200
Buy Reiterates $200 +18.20% May 16, 2024
Stifel
Stifel
Strong Buy
Maintains
$190
Strong Buy Maintains $190 +12.29% May 16, 2024
Exane BNP Paribas
Exane BNP Paribas
Sell
Initiates
$145
Sell Initiates $145 -14.31% May 2, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$186$179
Hold Maintains $186$179 +5.79% Apr 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
63.67B
from 61.86B
Increased by 2.92%
Revenue Next Year
66.63B
from 63.67B
Increased by 4.65%
EPS This Year
10.03
from 8.14
Increased by 23.23%
EPS Next Year
10.54
from 10.03
Increased by 5.09%
Year 2019202020212022202320242025202620272028
Revenue
57.71B55.18B57.35B60.53B61.86B63.67B66.63B69.85B73.13B76.00B
Revenue Growth
-27.49%-4.39%3.93%5.54%2.20%2.92%4.65%4.83%4.70%3.92%
EPS
10.566.236.351.798.1410.0310.5411.1511.9212.63
EPS Growth
10.92%-41.00%1.93%-71.81%354.75%23.23%5.09%5.81%6.90%5.89%
Forward PE
-----16.8716.0515.1714.1913.40
No. Analysts -----21201133
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 66.6B 70.8B 74.8B 78.2B 82.8B
Avg 63.7B 66.6B 69.8B 73.1B 76.0B
Low 61.3B 62.9B 64.2B 67.3B 68.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
7.7%
11.3%
12.2%
12.0%
13.2%
Avg
2.9%
4.6%
4.8%
4.7%
3.9%
Low
-0.9%
-1.2%
-3.6%
-3.7%
-6.9%

EPS Forecast

EPS 20242025202620272028
High 10.84 11.38 12.29 12.75 13.82
Avg 10.03 10.54 11.15 11.92 12.63
Low 9.51 9.66 10.38 11.24 11.60

EPS Growth

EPS Growth 20242025202620272028
High
33.1%
13.5%
16.5%
14.3%
15.9%
Avg
23.2%
5.1%
5.8%
6.9%
5.9%
Low
16.8%
-3.7%
-1.5%
0.8%
-2.7%
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.