IBM Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

19.23B

+9.56%

4.307

+9.87%

15.54B

+6.87%

1.935

+20.97%

17.71B

+4.31%

2.991

+6.83%

Estimates Revision

The market is revising Upward the revenue expectations for International Business Machines Corporation (IBM) for FY2025, with the revenue forecasts being adjusted by 0.39% over the past three months. During the same period, the stock price has changed by 4.58%.

Revenue Estimates for FY2025

Revise Upward

+0.39%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.95%

In Past 3 Month

Stock Price

Go Up

+4.58%

In Past 3 Month

13 Analyst Rating

Wall Street analysts forecast IBM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IBM is 295.18 USD with a low forecast of 210.00 USD and a high forecast of 350.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Buy

5 Hold

1 Sell

Moderate Buy

Current: 0.000

Low

210.00

Averages

295.18

High

350.00

Current: 0.000

Low

210.00

Averages

295.18

High

350.00

RBC Capital

Outperform

maintain

$300 -> $350

2026-01-05

New

Reason

RBC Capital

Price Target

$300 -> $350

2026-01-05

New

maintain

Outperform

Reason

RBC Capital raised the firm's price target on IBM to $350 from $300 and keeps an Outperform rating on the shares. 2026 is likely to be a year when AI tailwinds become more evident for companies well positioned for enterprise AI adoption, while less prepared peers may remain pressured by the "AI is the death of software" narrative, the analyst tells investors in a research note. Enterprise spending appears to be stabilizing and improving in select areas, with GenAI driving innovation even as management teams remain conservative in early 2026 guidance, the firm says.

Erste Group

Hold -> Buy

upgrade

2025-12-05

Reason

Erste Group

Price Target

2025-12-05

upgrade

Hold -> Buy

Reason

Erste Group upgraded IBM to Buy from Hold following the "good" Q3 report. The firm sees the company's sales increasing more than expected in 2026. The shares should rally on IBM's positive outlook and price gains, the analyst tells investors in a research note.

Oppenheimer

Outperform

initiated

$360

2025-11-21

Reason

Oppenheimer

Price Target

$360

2025-11-21

initiated

Outperform

Reason

Oppenheimer initiated coverage of IBM with an Outperform rating and $360 price target. The firm says its bullish stance is predicated on its belief IBM's software portfolio should see sustained "double-digit" revenue growth driven by strength in Automation and improving growth in RedHat, consulting should grow at a sustained "low single digits" with recovery in application development/management, and additional revenue optionality with creation and management of AI applications. Oppenheimer believes these drivers will result in strong expansion activity with existing customers, and drive continued gross and pre-tax margin expansion. The stock should also re-rate higher when IBM's pivot to software is more widely appreciated, it adds.

Melius Research

Benjamin Reitzes

Buy

maintain

2025-10-31

Reason

Melius Research

Benjamin Reitzes

Price Target

2025-10-31

maintain

Buy

Reason

After having spent a day at IBM's quantum lab and meeting with Jay Gambetta, Director of IBM Research, Melius Research analyst Benjamin Reitzes reiterates a Buy rating on the shares, telling investors that IBM has the most quantum computers in use today, "by far," and arguing that its potential in quantum "looks like it could amount to billions of high-margin annualized revenue" starting in 2029. The "Starling" line of quantum computers has the potential to unlock capabilities to run revolutionary applications on a 200 qubit platform with an error correction rate that "finally allows this technology cross the chasm," according to the analyst, who adds that IBM seems to have "the ingredients to win in Quantum since it arguably has the best hardware roadmap and the mindshare of developers with its Qiskit platform."

UBS

Sell

maintain

$200 -> $210

2025-10-23

Reason

UBS

Price Target

$200 -> $210

2025-10-23

maintain

Sell

Reason

UBS raised the firm's price target on IBM to $210 from $200 and keeps a Sell rating on the shares. The firm, which raised its price target as it rolls its valuation basis to calendar year 2027, argues that "key metrics flash caution" into 2026 and that it is "not too early to focus on the puts and takes heading into" the outlook for next year as Red Hat and TP constant currency growth "disappoint" in Q3.

Morgan Stanley

Equal Weight

maintain

$256 -> $252

2025-10-23

Reason

Morgan Stanley

Price Target

$256 -> $252

2025-10-23

maintain

Equal Weight

Reason

Morgan Stanley lowered the firm's price target on IBM to $252 from $256 and keeps an Equal Weight rating on the shares. Software results surprised to the downside, with Red Hat and TP decelerations "standing out," the analyst tells investors. While Infrastructure and Consulting beats were "positive surprises," IBM now has more work cutout to reaccelerate software growth to hit 5%-plus revenue growth in 2026, the analyst added.

Valuation Metrics

The current forward P/E ratio for International Business Machines Corp (IBM.N) is 24.11, compared to its 5-year average forward P/E of 16.80. For a more detailed relative valuation and DCF analysis to assess International Business Machines Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

16.80

Current PE

24.11

Overvalued PE

20.95

Undervalued PE

12.65

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

12.16

Current EV/EBITDA

16.88

Overvalued EV/EBITDA

14.77

Undervalued EV/EBITDA

9.56

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

2.45

Current PS

3.92

Overvalued PS

3.17

Undervalued PS

1.73

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

IBM News & Events

Events Timeline

No data

News

9.5

01-07Fool

PinnedIBM Shares Surge 34.7% in 2025 Driven by AI Business Growth

2.0

01-08Fool

Rigetti Computing's Stock Plummets to $26, Future Outlook Dims

2.0

01-08NASDAQ.COM

Rigetti's Stock Halves to $26 Amid Competitive Pressures

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Frequently Asked Questions

What is International Business Machines Corp (IBM) stock price today?

The current price of IBM is 302.72 USD — it has increased 2.02 % in the last trading day.

What is International Business Machines Corp (IBM)'s business?

International Business Machines Corporation is a provider of global hybrid cloud and artificial intelligence (AI) and consulting expertise. The Company’s segments include Software, Consulting, Infrastructure and Financing. The Software segment includes hybrid cloud and AI platforms, which allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment is focused on the hybrid cloud infrastructure market, providing on-premises and cloud-based server and storage solutions. In addition, it offers a portfolio of life-cycle services for hybrid cloud infrastructure deployment. The Financing segment provides client and commercial financing, facilitating its clients’ acquisition of hardware, software and services. It helps clients in more than 175 countries.

What is the price predicton of IBM Stock?

What is International Business Machines Corp (IBM)'s revenue for the last quarter?

International Business Machines Corp revenue for the last quarter amounts to 16.33B USD, increased 9.11 % YoY.

What is International Business Machines Corp (IBM)'s earnings per share (EPS) for the last quarter?

International Business Machines Corp. EPS for the last quarter amounts to 1.84 USD, decreased -611.11 % YoY.

What changes have occurred in the market's expectations for International Business Machines Corp (IBM)'s fundamentals?

How many employees does International Business Machines Corp (IBM). have?

International Business Machines Corp (IBM) has 293400 emplpoyees as of January 09 2026.

What is International Business Machines Corp (IBM) market cap?

Today IBM has the market capitalization of 282.96B USD.