IBM Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for IBM stock have an average target of 293.33, with a low estimate of 225 and a high estimate of 340. The average target predicts an increase of 25.87% from the current stock price of 233.04.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$225	$293.33	$310	$340
Change	-3.45%	+25.87%	+33.02%	+45.90%

Analyst Ratings

The average analyst rating for IBM stock from 15 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	4	4	4	4
Buy	4	4	4	4	4	5
Hold	5	5	4	5	5	6
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	0	0	0
Total	13	13	13	13	13	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Abhishek Shukla HSBC	HSBC	Sell → Hold Upgrades $218 → $231	Sell → Hold	Upgrades	$218 → $231	-0.88%	Apr 28, 2026
Dan Ives Wedbush	Wedbush	Buy Maintains $340 → $320	Buy	Maintains	$340 → $320	+37.32%	Apr 23, 2026
Amit Daryanani Evercore ISI Group	Evercore ISI Group	Buy Maintains $345 → $310	Buy	Maintains	$345 → $310	+33.02%	Apr 23, 2026
Erik Woodring Morgan Stanley	Morgan Stanley	Hold Maintains $215 → $225	Hold	Maintains	$215 → $225	-3.45%	Apr 23, 2026
Keith Bachman BMO Capital	BMO Capital	Hold Maintains $290 → $270	Hold	Maintains	$290 → $270	+15.86%	Apr 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

71.86B

from 67.54B

6.40%

from 67.54B

Revenue Next Year

75.16B

from 71.86B

4.60%

from 71.86B

EPS This Year

12.51

from 11.16

12.10%

from 11.16

EPS Next Year

13.54

from 12.51

8.23%

from 12.51

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	71.86B	75.16B
Revenue Growth	3.94%	5.54%	2.20%	1.44%	7.62%	6.40%	4.60%
EPS	6.35	1.79	8.14	6.43	11.16	12.51	13.54
EPS Growth	1.86%	-71.75%	353.76%	-21.00%	73.65%	12.10%	8.23%
Forward PE	-	-	-	-	-	18.62	17.21
No. Analysts	-	-	-	-	-	24	23

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

Revenue Forecast

Revenue	2026	2027
High	75.6B	79.6B
Avg	71.9B	75.2B
Low	68.6B	71.3B

Revenue Growth

Revenue Growth	2026	2027
High	11.9%	10.7%
Avg	6.4%	4.6%
Low	1.6%	-0.8%

EPS Forecast

EPS	2026	2027
High	13.40	14.86
Avg	12.51	13.54
Low	11.91	12.61

EPS Growth

EPS Growth	2026	2027
High	20.0%	18.7%
Avg	12.1%	8.2%
Low	6.7%	0.8%

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.