International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
253.44
-0.12 (-0.05%)
At close: Oct 26, 2026, 4:00 PM EDT
252.45
-0.99 (-0.39%)
Pre-market: Oct 27, 2026, 5:14 AM 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 $257.22. The average 1-year stock price forecast is 1.49% higher than the current stock price, while the lowest is $174 (-31.34%) and the highest is $300 (+18.37%).

Price Target: $257.22 (+1.49%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$174$257.22$260$300
Change-31.34%+1.49%+2.59%+18.37%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy1112111099
Buy133333
Hold779101011
Sell211111
Strong Sell001111
Total212325252425

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Susquehanna
Susquehanna
Hold
Maintains
$256
HoldMaintains$256+1.01%Oct 26, 2026
Bernstein
Bernstein
Hold
Maintains
$230 → $250
HoldMaintains$230 → $250-1.36%Oct 26, 2026
BMO Capital
BMO Capital
Hold
Maintains
$230 → $265
HoldMaintains$230 → $265+4.56%Oct 22, 2026
Truist Financial
Truist Financial
Hold
Maintains
$240 → $260
HoldMaintains$240 → $260+2.59%Oct 22, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$235 → $260
BuyMaintains$235 → $260+2.59%Oct 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
70.56B
from 67.54B
Increased by 4.48%
Revenue Next Year
73.22B
from 70.56B
Increased by 3.77%
EPS This Year
12.42
from 11.59
Increased by 7.16%
EPS Next Year
13.24
from 12.42
Increased by 6.57%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
57.35B60.53B61.86B62.75B67.54B70.56B
Revenue Growth
3.94%5.54%2.20%1.44%7.62%4.48%
Gross Profit
31.49B32.69B34.30B35.55B39.30B41.64B
Gross Margin
54.90%54.00%55.45%56.65%58.19%59.01%
Operating Income
5.58B7.52B9.42B9.79B12.62B14.89B
Net Income
5.74B1.64B7.50B6.02B10.59B9.56B
EPS
----11.5912.42
EPS Growth
----12.20%7.16%
Forward PE
12.8114.6316.6021.1224.5020.41
Dividend / Share
6.556.596.636.676.716.76
Dividend Growth
0.61%0.61%0.61%0.60%0.60%0.79%
Free Cash Flow
----14.73B15.62B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High70.9B
Avg70.6B
Low70.0B

Revenue Growth

Revenue Growth202620272028
High
5.0%
Avg
4.5%
Low
3.7%

EPS Forecast

EPS202620272028
High12.57
Avg12.42
Low12.30

EPS Growth

EPS Growth202620272028
High
8.4%
Avg
7.2%
Low
6.1%