IBM Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for IBM stock have an average target of 311.75, with a low estimate of 231 and a high estimate of 375. The average target predicts an increase of 14.77% from the current stock price of 271.63.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$231	$311.75	$315	$375
Change	-14.96%	+14.77%	+15.97%	+38.06%

Analyst Ratings

The average analyst rating for IBM stock from 22 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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	9	9	10	11	11
Buy	1	2	2	1	1	3
Hold	8	8	8	9	7	7
Sell	1	1	1	1	2	1
Strong Sell	2	1	1	0	0	0
Total	21	21	21	21	21	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Ives Wedbush	Wedbush	Buy Maintains $350	Buy	Maintains	$350	+28.85%	Jun 26, 2026
Erik Woodring Morgan Stanley	Morgan Stanley	Hold Maintains $225 → $267	Hold	Maintains	$225 → $267	-1.70%	Jun 24, 2026
Brian Essex J.P. Morgan	J.P. Morgan	Buy Upgrades $270 → $291	Buy	Upgrades	$270 → $291	+7.13%	Jun 23, 2026
Raimo Lenschow Barclays	Barclays	Buy Maintains $350	Buy	Maintains	$350	+28.85%	Jun 15, 2026
Wamsi Mohan Bank of America Securities	Bank of America Securities	Buy Maintains $300 → $315	Buy	Maintains	$300 → $315	+15.97%	Jun 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

71.50B

from 67.54B

5.86%

from 67.54B

Revenue Next Year

74.66B

from 71.50B

4.42%

from 71.50B

EPS This Year

12.46

from 11.59

7.47%

from 11.59

EPS Next Year

13.46

from 12.46

8.04%

from 12.46

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	71.50B	74.66B
Revenue Growth	3.94%	5.54%	2.20%	1.44%	7.62%	5.86%	4.42%
EPS	6.35	1.79	8.14	6.43	11.16	10.28	11.74
EPS Growth	1.86%	-71.75%	353.76%	-21.00%	73.65%	-7.87%	14.13%
Forward PE	-	-	-	-	-	26.41	23.14
No. Analysts	-	-	-	-	-	20	20

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

Revenue Forecast

Revenue	2026	2027
High	72.3B	76.0B
Avg	71.5B	74.7B
Low	70.8B	72.6B

Revenue Growth

Revenue Growth	2026	2027
High	7.1%	6.3%
Avg	5.9%	4.4%
Low	4.8%	1.5%

EPS Forecast

EPS	2026	2027
High	13.17	14.04
Avg	12.46	13.46
Low	12.10	12.67

EPS Growth

EPS Growth	2026	2027
High	13.6%	12.7%
Avg	7.5%	8.0%
Low	4.4%	1.7%

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.