International Business Machines (IBM)
(Delayed Data from NYSE)
$221.08 USD
+0.24 (0.11%)
Updated Sep 30, 2024 04:00 PM ET
Pre-Market: $220.28 -0.80 (-0.36%) 8:22 AM ET
2-Buy of 5 2
C Value D Growth C Momentum D VGM
IBM (IBM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$192.67 | $240.00 | $145.00 | -12.85% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for IBM comes to $192.67. The forecasts range from a low of $145.00 to a high of $240.00. The average price target represents a decline of 12.85% from the last closing price of $221.08.
Analyst Price Targets (15)
Broker Rating
IBM currently has an average brokerage recommendation (ABR) of 2.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms. The current ABR compares to an ABR of 2.75 a month ago based on 16 recommendations.
Of the 16 recommendations deriving the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 25% and 6.25% of all recommendations. A month ago, Strong Buy made up 25%, while Buy represented 6.25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 8 | 8 | 8 | 8 | 8 |
Sell | 1 | 1 | 1 | 1 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 2.75 | 2.75 | 2.75 | 2.75 | 2.67 |
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 |
---|---|---|---|---|
9/16/2024 | Not Identified | Not Identified | Hold | Hold |
9/11/2024 | Evercore Partners | Amit Daryanani | Strong Buy | Strong Buy |
9/4/2024 | UBS | David Vogt | Strong Sell | Strong Sell |
8/20/2024 | Exane BNP Paribas | Stefan Slowinski | Strong Sell | Strong Sell |
7/29/2024 | Not Identified | Not Identified | Hold | Hold |
7/26/2024 | Not Identified | Not Identified | Not Available | Moderate Sell |
7/25/2024 | BMO Capital Markets | Keith Bachman | Hold | Hold |
7/25/2024 | Not Identified | Not Identified | Hold | Hold |
7/24/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/24/2024 | Goldman Sachs | James E Schneider | Not Available | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
4/25/2024 | Wedbush Securities | Moshe Katri | Hold | Hold |
3/7/2024 | Not Identified | Not Identified | Not Available | 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 | 2.75 |
ABR (Last week) | 2.75 |
# of Recs in ABR | 16 |
Average Target Price | $192.67 |
LT Growth Rate | 4.50% |
Industry | Computer - Integrated Systems |
Industry Rank by ABR | 150 of 253 |
Current Quarter EPS Est: | 2.25 |
IBM FAQs
International Business Machines Corporation (IBM) currently has an average brokerage recommendation (ABR) of 2.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms.
The average price target for International Business Machines Corporation (IBM) is $192.67. The current on short-term price targets is based on 7 reports.
The forecasts for International Business Machines Corporation (IBM) range from a low of $145 to a high of $240. The average price target represents a decline of $12.85 from the last closing price of $221.08.
The current DOWNSIDE for International Business Machines Corporation (IBM) is 12.85%
Based on short-term price targets offered by 15 analysts, the average price target for IBM comes to $192.67. The forecasts range from a low of $145.00 to a high of $240.00. The average price target represents a decline of 12.85% from the last closing price of $221.08.