International Business Machines Corporation (IBM)

IBM Stock Forecast

Stock Price Forecast

The 14 analysts that cover IBM stock have a consensus rating of "Buy" and an average price target of $266.29, which forecasts a -6.15% decrease in the stock price over the next year. The lowest target is $195 and the highest is $325.

Price Target: $266.29 (-6.15%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$195	$266.29	$265	$325
Change	-31.30%	-6.18%	-6.64%	+14.50%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	3	3	3	3	3	3
Buy	4	4	5	5	5	5
Hold	6	6	6	5	5	5
Sell	1	1	1	0	0	0
Strong Sell	1	1	1	1	1	1
Total	15	15	16	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Vogt UBS	UBS	Strong Sell Maintains $170 → $195	Strong Sell	Maintains	$170 → $195	-31.30%	Jul 9, 2025
James Schneider Goldman Sachs	Goldman Sachs	Strong Buy Maintains $270 → $310	Strong Buy	Maintains	$270 → $310	+9.22%	Jul 2, 2025
Daniel Ives Wedbush	Wedbush	Buy Maintains $300 → $325	Buy	Maintains	$300 → $325	+14.50%	Jun 20, 2025
Wamsi Mohan B of A Securities	B of A Securities	Strong Buy Maintains $290 → $320	Strong Buy	Maintains	$290 → $320	+12.74%	Jun 18, 2025
Wamsi Mohan B of A Securities	B of A Securities	Strong Buy Maintains $270 → $290	Strong Buy	Maintains	$270 → $290	+2.17%	Jun 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

66.90B

Increased by 6.60%

from 62.75B

Revenue Next Year

69.82B

Increased by 4.38%

from 66.90B

EPS This Year

11.04

Increased by 71.66%

from 6.43

EPS Next Year

11.74

Increased by 6.34%

from 11.04

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	66.90B	69.82B	72.85B
Revenue Growth	-4.39%	3.94%	5.54%	2.20%	1.44%	6.60%	4.38%	4.34%
EPS	6.23	6.35	1.79	8.14	6.43	11.04	11.74	12.40
EPS Growth	-40.98%	1.86%	-71.75%	353.76%	-21.00%	71.66%	6.34%	5.70%
Forward PE	-	-	-	-	-	25.72	24.19	22.88
No. Analysts	-	-	-	-	-	24	24	14

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	70.1B	74.3B	77.7B
Avg	66.9B	69.8B	72.9B
Low	64.4B	66.4B	69.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	11.7%	11.0%	11.3%
Avg	6.6%	4.4%	4.3%
Low	2.6%	-0.7%	-1.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	12.00	12.83	14.09
Avg	11.04	11.74	12.40
Low	9.91	10.52	10.65

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	86.7%	16.3%	20.1%
Avg	71.7%	6.3%	5.7%
Low	54.1%	-4.7%	-9.2%

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.