INTL BUSINESS MACHINES CORP (IBM.DE) Forecast, Price Target & Analyst Ratings

FRA:IBM • US4592001014

Current stock price

208.85 EUR
+2.75 (+1.33%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for INTL BUSINESS MACHINES CORP (IBM.DE).

Forecast Snapshot

Consensus Price Target

Price Target
€300.26
+ 43.77% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$1.83
Revenue Estimate
15.757B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
74.07%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
€300.26
Upside
+ 43.77%
From current price of €208.85 to mean target of €300.26, Based on 27 analyst forecasts
Low
€206.38
Median
€315.18
High
€373.99

Price Target Revisions

1 Month
10.84%
3 Months
19.31%

Price Target Summary

27 Wall Street analysts provided a forecast for the next 12 months for IBM.DE. The average price target is 300.26 EUR. This implies a price increase of 43.77% is expected in the next year compared to the current price of 208.85.
The average price target has been revised upward by 19.31% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

IBM Current Analyst RatingIBM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

IBM Historical Analyst RatingsIBM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
74.07%
IBM.DE was analyzed by 27 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about IBM.DE.
In the previous month the buy percentage consensus was at a similar level.
IBM.DE was analyzed by 27 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-07-20Societe GeneraleUpgrade Sell -> Hold
2021-07-20Morgan StanleyMaintains Equal-Weight
2021-07-20CitigroupMaintains Neutral
2021-07-16BMO CapitalMaintains Market Perform
2021-04-20BMO CapitalMaintains Market Perform
2021-04-20Credit SuisseMaintains Outperform
2021-04-20Morgan StanleyMaintains Equal-Weight
2021-04-08Morgan StanleyMaintains Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$1.83
Revenue Estimate
15.757B
Revenue Q2Q
8.36%
EPS Q2Q
14.07%
Number of Analysts
16

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.35%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.75%

Next Earnings Summary

IBM.DE is expected to report earnings on 4/22/2026. The consensus EPS estimate for the next earnings is 1.83 EUR and the consensus revenue estimate is 15.76B EUR.
The next earnings revenue estimate has been revised upward by 0.35% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
IBM.DE revenue by date.IBM.DE revenue by date.
61.86B
2.20%		62.753B
1.44%		67.535B
7.62%		71.887B
6.44%		75.187B
4.59%		79.164B
5.29%		84.833B
7.16%		90.043B
6.14%		96.071B
6.69%		101.615B
5.77%		107.358B
5.65%
EBITDA
YoY % growth
IBM.DE ebitda by date.IBM.DE ebitda by date.
13.187B
10.41%		13.711B
3.97%		15.787B
15.14%		20.587B
30.40%		21.927B
6.51%		22.881B
4.35%		26.973B
17.88%		28.935B
7.27%		32.95B
13.88%		35.027B
6.30%		37.674B
7.56%
EBIT
YoY % growth
IBM.DE ebit by date.IBM.DE ebit by date.
8.791B
23.09%		9.044B
2.88%		10.766B
19.04%		15.387B
42.92%		16.467B
7.02%		18.026B
9.47%		14.933B
-17.16%		15.977B
6.99%		17.445B
9.19%		19.048B
9.19%		20.85B
9.46%
Operating Margin
IBM.DE operating margin by date.IBM.DE operating margin by date.
14.21%14.41%15.94%21.40%21.90%22.77%17.60%17.74%18.16%18.75%19.42%
EPS
YoY % growth
IBM.DE eps by date.IBM.DE eps by date.
9.61
5.37%		10.33
7.49%		11.57
12.00%		12.51
8.16%		13.57
8.42%		14.97
10.31%		17.92
19.71%		19.56
9.19%		22.84
16.73%		24.58
7.65%		26.60
8.22%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.83
14.07%		3.08
9.87%		2.94
10.85%		4.70
3.92%		2.03
11.12%		3.21
4.34%		3.15
7.34%		5.03
7.05%		1.96
-3.39%		3.31
3.21%		3.11
-1.35%		5.47
8.86%
Revenue
Q2Q % growth		15.757B
8.36%		17.866B
5.24%		17.351B
6.25%		20.908B
6.21%		16.578B
5.21%		18.703B
4.68%		18.072B
4.16%		21.828B
4.40%		16.715B
0.83%		18.895B
1.03%		18.318B
1.36%		22.09B
1.20%
EBITDA
Q2Q % growth		3.626B
38.87%		5.097B
-2.43%		4.963B
-20.81%		6.981B
-24.71%		3.744B
3.25%		5.224B
2.49%		5.111B
2.98%		7.457B
6.82%		3.589B
-4.14%		5.105B
-2.28%		4.851B
-5.09%		7.55B
1.25%
EBIT
Q2Q % growth		2.337B
62.97%		3.779B
35.84%		3.607B
41.90%		5.707B
34.25%		2.469B
5.65%		3.921B
3.76%		3.706B
2.74%		6.056B
6.12%		2.727B
10.45%		4.276B
9.05%		4.052B
9.34%		6.78B
11.96%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

IBM.DE Yearly Revenue VS EstimatesIBM.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B 80B 100B
IBM.DE Yearly EPS VS EstimatesIBM.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15 20 25

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
8.96%
EPS Next 5 Year
11.08%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.35%
Revenue Next 5 Year
5.87%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
18.76%
EBIT Next 5 Year
16.19%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

INTL BUSINESS MACHINES CORP / IBM.DE Forecast FAQ

What is the price target for IBM stock?

27 analysts have analysed IBM.DE and the average price target is 300.26 EUR. This implies a price increase of 43.77% is expected in the next year compared to the current price of 208.85.

When does INTL BUSINESS MACHINES CORP (IBM.DE) report earnings?

INTL BUSINESS MACHINES CORP (IBM.DE) will report earnings on 2026-04-22, after the market close.

What are the consensus estimates for INTL BUSINESS MACHINES CORP (IBM.DE) next earnings?

The consensus EPS estimate for the next earnings of INTL BUSINESS MACHINES CORP (IBM.DE) is 1.83 EUR and the consensus revenue estimate is 15.76B EUR.

Can you provide the analyst count for INTL BUSINESS MACHINES CORP stock?

The number of analysts covering INTL BUSINESS MACHINES CORP (IBM.DE) is 27.