International Business Machines Corporation (IBM)

IBM Stock Forecast

Stock Price Forecast

According to 13 professional analysts, the 12-month price target for IBM stock ranges from a low of $210 to a high of $360. The average analyst price target of $291.69 forecasts a -5.28% decrease in the stock price over the next year.

Price Target: $291.69 (-5.28%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$291.69	$300	$360
Change	-31.80%	-5.28%	-2.58%	+16.91%

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

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	3	3	3	3	3	3
Buy	5	5	5	4	4	4
Hold	5	5	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	14	14	14	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Param Singh Oppenheimer	Oppenheimer	Buy Initiates $360	Buy	Initiates	$360	+16.91%	Nov 21, 2025
David Vogt UBS	UBS	Strong Sell Maintains $200 → $210	Strong Sell	Maintains	$200 → $210	-31.80%	Oct 23, 2025
Erik Woodring Morgan Stanley	Morgan Stanley	Hold Maintains $256 → $252	Hold	Maintains	$256 → $252	-18.17%	Oct 23, 2025
David Grossman Stifel	Stifel	Strong Buy Maintains $310 → $295	Strong Buy	Maintains	$310 → $295	-4.20%	Oct 23, 2025
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $315 → $300	Buy	Maintains	$315 → $300	-2.58%	Oct 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

67.73B

Increased by 7.93%

from 62.75B

Revenue Next Year

70.83B

Increased by 4.58%

from 67.73B

EPS This Year

11.48

Increased by 78.53%

from 6.43

EPS Next Year

12.32

Increased by 7.31%

from 11.48

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	55.18B	57.35B	60.53B	61.86B	62.75B	67.73B	70.83B
Revenue Growth	-4.39%	3.94%	5.54%	2.20%	1.44%	7.93%	4.58%
EPS	6.23	6.35	1.79	8.14	6.43	11.48	12.32
EPS Growth	-40.98%	1.86%	-71.75%	353.76%	-21.00%	78.53%	7.31%
Forward PE	-	-	-	-	-	26.83	25.00
No. Analysts	-	-	-	-	-	25	25

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	70.9B	74.9B
Avg	67.7B	70.8B
Low	65.5B	68.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	13.0%	10.6%
Avg	7.9%	4.6%
Low	4.4%	0.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	12.08	13.42
Avg	11.48	12.32
Low	10.87	11.04

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	87.8%	16.9%
Avg	78.5%	7.3%
Low	69.1%	-3.8%

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.