IBM Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for IBM stock have an average target of 319.36, with a low estimate of 236 and a high estimate of 370. The average target predicts an increase of 32.95% from the current stock price of 240.21.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$236	$319.36	$335	$370
Change	-1.75%	+32.95%	+39.46%	+54.03%

Analyst Ratings

The average analyst rating for IBM stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	3	3	3	3	4	4
Buy	4	4	4	4	5	5
Hold	5	5	5	5	4	5
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	0
Total	13	13	13	13	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Erik Woodring Morgan Stanley	Morgan Stanley	Hold Maintains $304 → $247	Hold	Maintains	$304 → $247	+2.83%	Feb 25, 2026
Dan Ives Wedbush	Wedbush	Buy Reiterates $340	Buy	Reiterates	$340	+41.54%	Feb 25, 2026
David Vogt UBS	UBS	Strong Sell → Hold Upgrades $236	Strong Sell → Hold	Upgrades	$236	-1.75%	Feb 25, 2026
Brent Thill Jefferies	Jefferies	Strong Buy Maintains $360 → $370	Strong Buy	Maintains	$360 → $370	+54.03%	Jan 29, 2026
David Vogt UBS	UBS	Strong Sell Maintains $210 → $236	Strong Sell	Maintains	$210 → $236	-1.75%	Jan 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

71.87B

from 67.54B

6.42%

from 67.54B

Revenue Next Year

75.18B

from 71.87B

4.60%

from 71.87B

EPS This Year

12.56

from 11.16

12.52%

from 11.16

EPS Next Year

13.60

from 12.56

8.29%

from 12.56

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	57.35B	60.53B	61.86B	62.75B	67.54B	71.87B	75.18B
Revenue Growth	3.94%	5.54%	2.20%	1.44%	7.62%	6.42%	4.60%
EPS	6.35	1.79	8.14	6.43	11.16	12.56	13.60
EPS Growth	1.86%	-71.75%	353.76%	-21.00%	73.65%	12.52%	8.29%
Forward PE	-	-	-	-	-	19.12	17.66
No. Analysts	-	-	-	-	-	24	23

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

Revenue Forecast

Revenue	2026	2027
High	75.1B	79.6B
Avg	71.9B	75.2B
Low	69.4B	71.5B

Revenue Growth

Revenue Growth	2026	2027
High	11.1%	10.7%
Avg	6.4%	4.6%
Low	2.7%	-0.5%

EPS Forecast

EPS	2026	2027
High	13.59	15.36
Avg	12.56	13.60
Low	11.96	12.62

EPS Growth

EPS Growth	2026	2027
High	21.7%	22.3%
Avg	12.5%	8.3%
Low	7.1%	0.5%

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.