International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
323.09
+2.67 (0.83%)
Jun 2, 2026, 12:54 PM EDT - Market open

IBM Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, IBM stock has a consensus rating of "Buy" and an average price target of $284.46. The average 1-year stock price forecast is 11.96% lower than the current stock price, while the lowest is $195 (-39.65%) and the highest is $390 (+20.71%).

Price Target: $284.46 (-11.96%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$195$284.46$285$390
Change-39.65%-11.96%-11.79%+20.71%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy999101111
Buy122123
Hold888977
Sell111111
Strong Sell211000
Total212121212122

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Initiates
$350
BuyInitiates$350+8.33%Jun 1, 2026
Wedbush
Wedbush
Buy
Maintains
$320
BuyMaintains$320-0.96%May 29, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$290
BuyMaintains$290-10.24%May 22, 2026
BMO Capital
BMO Capital
Hold
Reiterates
$270
HoldReiterates$270-16.43%May 7, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$365$335
BuyMaintains$365$335+3.69%May 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
71.47B
from 67.54B
Increased by 5.82%
Revenue Next Year
74.64B
from 71.47B
Increased by 4.44%
EPS This Year
10.26
from 11.16
Decreased by -8.05%
EPS Next Year
11.77
from 10.26
Increased by 14.63%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
57.35B60.53B61.86B62.75B67.54B71.47B
Revenue Growth
3.94%5.54%2.20%1.44%7.62%5.82%
Gross Profit
31.49B32.69B34.30B35.55B39.30B42.82B
Gross Margin
54.90%54.00%55.45%56.65%58.19%59.92%
Operating Income
5.58B7.52B9.42B9.79B12.57B15.14B
Net Income
5.74B1.64B7.50B6.02B10.59B9.94B
EPS
6.351.798.146.4311.1610.26
EPS Growth
1.86%-71.75%353.76%-21.00%73.65%-8.05%
Forward PE
12.8114.6316.6021.1224.5031.48
Dividend / Share
6.556.596.636.676.716.75
Dividend Growth
-0.61%0.61%0.60%0.60%0.60%
Free Cash Flow
4.63B9.68B10.52B9.33B13.16B15.68B
No. Analysts
-----20

Revenue Forecast

Revenue202620272028
High72.0B
Avg71.5B
Low70.8B

Revenue Growth

Revenue Growth202620272028
High
6.6%
Avg
5.8%
Low
4.8%

EPS Forecast

EPS202620272028
High11.12
Avg10.26
Low8.34

EPS Growth

EPS Growth202620272028
High
-0.4%
Avg
-8.0%
Low
-25.3%
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.