INTL BUSINESS MACHINES CORP (IBM) Forecast, Price Target & Analyst Ratings
NYSE:IBM • US4592001014
253.46 USD
-5.39 (-2.08%)
Last: Mar 9, 2026, 10:43 AM
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
Consensus Price Target
$320.34
+ 26.39% Upside
Next Earnings Forecast
Release DateApr 22, 2026
PeriodQ1 / 2026
EPS Estimate$1.83
Revenue Estimate15.757B
ChartMill Buy Consensus
74.07%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$320.34
Upside
+ 26.39%
From current price of $253.46 to mean target of $320.34, Based on 27 analyst forecasts
Low
$220.18
Median
$336.26
High
$399.00
Price Target Revisions
1 Month
0.24%
3 Months
9.94%
Price Target Summary
27 analysts have analysed IBM and the average price target is 320.34 USD. This implies a price increase of 26.39% is expected in the next year compared to the current price of 253.46.
The average price target has been revised upward by 9.94% 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 is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 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 |
| 2025-10-23 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-10-21 | Jefferies | Maintains | Hold -> Hold |
| 2025-10-16 | RBC Capital | Reiterate | Outperform -> Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 22, 2026
PeriodQ1 / 2026
EPS Estimate$1.83
Revenue Estimate15.757B
Revenue Q2Q8.36%
EPS Q2Q14.07%
Number of Analysts16
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.35%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.78%
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
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% | 71.874B 6.42% | 75.177B 4.60% | 79.129B 5.26% | 84.833B 7.21% | 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% | 20.587B 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 | 8.791B 23.09% | 9.044B 2.88% | 10.766B 19.04% | 15.378B 42.84% | 16.457B 7.02% | 18.01B 9.44% | 14.933B -17.08% | 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% | 21.89% | 22.76% | 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% | 13.57 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 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.83 14.07% | 3.07 9.71% | 2.93 10.60% | 4.53 0.26% | 1.97 8.19% | 3.10 0.93% | 3.06 4.41% | 4.74 4.53% |
| Revenue Q2Q % growth | 15.757B 8.36% | 17.854B 5.17% | 17.152B 5.03% | 20.184B 2.53% | 16.194B 2.77% | 18.279B 2.38% | 17.563B 2.40% | 20.964B 3.86% |
| EBITDA Q2Q % growth | 3.626B 38.87% | 5.084B -2.68% | 4.849B -22.63% | 6.745B -27.25% | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 2.337B 62.97% | 3.768B 35.44% | 3.494B 37.45% | 5.283B 24.28% | 2.615B 11.90% | 3.894B 3.34% | 3.83B 9.62% | 5.696B 7.82% |
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
8.96%
EPS Next 5 Year
11.08%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
5.33%
Revenue Next 5 Year
5.87%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
18.76%
EBIT Next 5 Year
16.19%
INTL BUSINESS MACHINES CORP / IBM Forecast FAQ
What is the price target for IBM stock?
27 analysts have analysed IBM and the average price target is 320.34 USD. This implies a price increase of 26.39% is expected in the next year compared to the current price of 253.46.
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.
What are the consensus estimates for INTL BUSINESS MACHINES CORP (IBM) 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.
Can you provide the analyst count for INTL BUSINESS MACHINES CORP stock?
The number of analysts covering INTL BUSINESS MACHINES CORP (IBM) is 27.