Based on the technical analysis and recent news, here's the prediction for IBM's stock price next week:
Technical Analysis
The RSI(14) at 54.30 indicates a neutral momentum, while the MACD at -0.75 suggests a slight bearish signal. The stock is currently trading above its 20-day SMA of $221.82 and 200-day SMA of $198.12, indicating an overall upward trend.
Price Levels Analysis
News Impact Recent news shows mixed signals:
Price Prediction for Next Week Based on technical indicators and news sentiment:
The stock is likely to maintain its current trading range ahead of earnings announcement. The high options activity around $225 strike price suggests market participants expect the stock to hover around this level.
The price of IBM is predicted to go up -6.19%, based on the high correlation periods with ATEN. The similarity of these two price pattern on the periods is 95.94%.
IBM
ATEN
Year
IBM Price Forecast($)
Potential Return(%)
2025
250.000
12.280
2026
260.000
16.780
2027
300.000
34.740
2028
300.000
34.740
2029
270.000
21.260
2030
300.000
34.730
IBM's customers prove to be even stickier than expected, still placing emphasis on the mission criticality of mainframes, databases, and choosing not to rock the boat even on ancillary applications, as a result.
IBM's Watson will undergo a turnaround, proving its efficacy, leading to boosts in IBM's software sales and potentially a boost in IBM cloud services.
IBM will gain further traction in its shipping blockchain based solutions, as its network of logistics partners becomes harder and harder to replicate.
UBS
Price Target
$150 → $160
Upside
-26.52%
Bernstein
Price Target
$210 → $215
Upside
-3.44%
Morgan Stanley
Price Target
$217 → $208
Upside
-4.71%