International Business Machines Corporation (IBM)
NYSE: IBM · IEX Real-Time Price · USD
173.52
+3.60 (2.12%)
May 21, 2024, 1:47 PM EDT - Market open
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 2.09% from the current stock price of 173.52.
Analyst Consensus: Hold
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Hold | 7 | 7 | 7 | 6 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 1 |
Strong Sell | 0 | 1 | 1 | 1 | 2 | 2 |
Total | 12 | 13 | 13 | 12 | 13 | 14 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Maintains $190 | Strong Buy | Maintains | $190 | +9.50% | May 16, 2024 |
RBC Capital | RBC Capital | Buy Reiterates $200 | Buy | Reiterates | $200 | +15.26% | May 16, 2024 |
Exane BNP Paribas | Exane BNP Paribas | Sell Initiates $145 | Sell | Initiates | $145 | -16.44% | May 2, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $186 → $179 | Hold | Maintains | $186 → $179 | +3.16% | Apr 26, 2024 |
JP Morgan | JP Morgan | Hold Maintains $190 → $185 | Hold | Maintains | $190 → $185 | +6.62% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
64.44B
from 61.86B
Increased by 4.17%
Revenue Next Year
67.38B
from 64.44B
Increased by 4.57%
EPS This Year
10.20
from 8.14
Increased by 25.33%
EPS Next Year
10.78
from 10.20
Increased by 5.64%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 67.4B | 71.8B | 75.7B | 78.2B | 82.8B |
Avg | 64.4B | 67.4B | 70.6B | 73.1B | 76.0B |
Low | 62.0B | 62.6B | 64.7B | 67.3B | 68.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.9% | 11.4% | 12.4% | 10.7% | 13.2% |
Avg | 4.2% | 4.6% | 4.8% | 3.6% | 3.9% |
Low | 0.2% | -2.9% | -4.0% | -4.7% | -6.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 11.04 | 11.74 | 12.39 | 12.75 | 13.82 |
Avg | 10.20 | 10.78 | 11.35 | 11.92 | 12.63 |
Low | 9.64 | 10.22 | 10.41 | 11.24 | 11.60 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 35.6% | 15.1% | 15.0% | 12.3% | 15.9% |
Avg | 25.3% | 5.6% | 5.3% | 5.1% | 5.9% |
Low | 18.5% | 0.2% | -3.4% | -0.9% | -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.