What is the price target for IBM stock?
27 analysts have analysed IBM and the average price target is 311.1 USD. This implies a price increase of 34.82% is expected in the next year compared to the current price of 230.76.
INTL BUSINESS MACHINES CORP (IBM) Forecast, Price Target & Analyst Ratings
NYSE:IBM • US4592001014
Current stock price
230.76 USD
-6.42 (-2.71%)
At close:
231.21 USD
+0.45 (+0.2%)
After Hours:
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).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Apr 22, 2026
- Period
- Q1 / 2026
- EPS Estimate
- $1.83
- Revenue Estimate
- 15.757B
Price Target Details & History
Consensus Price Target and Range
Mean target
$311.10
Upside
+ 34.82%
From current price of $230.76 to mean target of $311.10, Based on 27 analyst forecasts
Low
$220.18
Median
$320.96
High
$399.00
Price Target Revisions
1 Month
-2.88%
3 Months
6.22%
Price Target Summary
27 Wall Street analysts provided a forecast for the next 12 months for IBM. The average price target is 311.1 USD. This implies a price increase of 34.82% is expected in the next year compared to the current price of 230.76.
The average price target has been revised upward by 6.22% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
74.07%
IBM was analyzed by 27 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about IBM.
In the previous month the buy percentage consensus was at a similar level.
IBM was analyzed by 27 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-04-08 | Stifel | Maintains | Buy -> Buy |
| 2026-03-19 | BMO Capital | Maintains | Market Perform -> Market Perform |
| 2026-03-18 | JP Morgan | Maintains | Neutral -> Neutral |
| 2026-02-25 | UBS | Upgrade | Sell -> Neutral |
| 2026-02-25 | Wedbush | Reiterate | Outperform -> Outperform |
| 2026-02-25 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2026-01-29 | UBS | Maintains | Sell -> Sell |
| 2026-01-29 | RBC Capital | Maintains | Outperform -> Outperform |
| 2026-01-29 | Stifel | Maintains | Buy -> Buy |
| 2026-01-29 | Wedbush | Maintains | Outperform -> Outperform |
| 2026-01-29 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2026-01-29 | JP Morgan | Maintains | Neutral -> Neutral |
| 2026-01-29 | Jefferies | Maintains | Buy -> Buy |
| 2026-01-21 | JP Morgan | Maintains | Neutral -> Neutral |
| 2026-01-20 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2026-01-13 | B of A Securities | Maintains | Buy -> Buy |
| 2026-01-05 | RBC Capital | Maintains | Outperform -> Outperform |
| 2026-01-05 | Jefferies | Upgrade | Hold -> Buy |
| 2025-12-09 | Stifel | Maintains | Buy -> Buy |
| 2025-11-21 | Oppenheimer | Initiate | Outperform |
| 2025-10-23 | BMO Capital | Maintains | Market Perform -> Market Perform |
| 2025-10-23 | UBS | Maintains | Sell -> Sell |
| 2025-10-23 | RBC Capital | Maintains | Outperform -> Outperform |
| 2025-10-23 | Stifel | Maintains | Buy -> Buy |
| 2025-10-23 | B of A Securities | Maintains | Buy -> Buy |
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 is expected to report earnings on 4/22/2026. The consensus EPS estimate for the next earnings is 1.83 USD and the consensus revenue estimate is 15.76B USD.
The next earnings revenue estimate has been revised upward by 0.35% in the past 3 months.
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 | 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 | 13.187B 10.41% | 13.711B 3.97% | 15.787B 15.14% | 20.559B 30.23% | 21.936B 6.70% | 22.894B 4.37% | 26.973B 17.82% | 28.935B 7.27% | 32.95B 13.88% | 35.027B 6.30% | 37.674B 7.56% | |
| EBIT YoY % growth | 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 | 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 | 9.61 5.37% | 10.33 7.49% | 11.57 12.00% | 12.51 8.16% | 13.54 8.23% | 14.89 9.94% | 17.92 20.33% | 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
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
8.77%
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
18.78%
EBIT Next 5 Year
16.19%
INTL BUSINESS MACHINES CORP / IBM Forecast FAQ
When does INTL BUSINESS MACHINES CORP (IBM) report earnings?
INTL BUSINESS MACHINES CORP (IBM) will report earnings on 2026-04-22, after the market close.
Can you provide the consensus estimates for INTL BUSINESS MACHINES CORP next earnings?
The consensus EPS estimate for the next earnings of INTL BUSINESS MACHINES CORP (IBM) is 1.83 USD and the consensus revenue estimate is 15.76B USD.
What is the consensus rating for IBM stock?
The consensus rating for INTL BUSINESS MACHINES CORP (IBM) is 74.0741 / 100 . This indicates that analysts generally have a positive outlook on the stock.