International Business Machines (IBM)
(Delayed Data from NYSE)
$167.13 USD
-1.78 (-1.05%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $167.13 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth C Momentum C VGM
IBM (IBM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$188.50 | $220.00 | $130.00 | 11.60% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for IBM comes to $188.50. The forecasts range from a low of $130.00 to a high of $220.00. The average price target represents an increase of 11.6% from the last closing price of $168.91.
Analyst Price Targets (12)
Broker Rating
IBM currently has an average brokerage recommendation (ABR) of 2.62 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 2.79 a month ago based on 14 recommendations.
Of the 13 recommendations deriving the current ABR, three are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 23.08% and 7.69% of all recommendations. A month ago, Strong Buy made up 21.43%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 8 | 8 | 8 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 2 | 2 | 2 | 2 |
ABR | 2.62 | 2.79 | 2.79 | 2.77 | 2.77 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/25/2024 | Wedbush Securities | Moshe Katri | Hold | Hold |
1/25/2024 | BMO Capital Markets | Keith Bachman | Hold | Hold |
1/19/2024 | Evercore Partners | Amit Daryanani | Hold | Strong Buy |
8/29/2023 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.62 |
ABR (Last week) | 2.79 |
# of Recs in ABR | 13 |
Average Target Price | $188.50 |
LT Growth Rate | 5.10% |
Industry | Computer - Integrated Systems |
Industry Rank by ABR | 164 of 252 |
Current Quarter EPS Est: | 2.25 |