International Business Machines (IBM)
(Real Time Quote from BATS)
$183.31 USD
+0.06 (0.03%)
Updated Jul 22, 2024 01:00 PM ET
3-Hold of 5 3
C Value A Growth F Momentum C VGM
IBM (IBM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$182.57 | $209.00 | $130.00 | -0.37% |
Price Target
Based on short-term price targets offered by 14 analysts, the average price target for IBM comes to $182.57. The forecasts range from a low of $130.00 to a high of $209.00. The average price target represents a decline of 0.37% from the last closing price of $183.25.
Analyst Price Targets (14)
Broker Rating
IBM currently has an average brokerage recommendation (ABR) of 2.67 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The current ABR compares to an ABR of 2.79 a month ago based on 14 recommendations.
Of the 15 recommendations deriving the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 26.67% and 6.67% 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 | 4 | 4 | 3 | 3 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 8 | 8 | 8 | 8 | 8 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 1 |
ABR | 2.67 | 2.67 | 2.79 | 2.79 | 2.62 |
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 |
---|---|---|---|---|
6/24/2024 | Goldman Sachs | James E Schneider | Not Available | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/2/2024 | Exane BNP Paribas | Stefan Slowinski | Not Available | Strong Sell |
4/25/2024 | BMO Capital Markets | Keith Bachman | Hold | Hold |
4/25/2024 | Not Identified | Not Identified | Hold | Hold |
4/25/2024 | Wedbush Securities | Moshe Katri | Hold | Hold |
4/23/2024 | Not Identified | Not Identified | Hold | Hold |
4/22/2024 | UBS | David Vogt | Strong Sell | Strong Sell |
4/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/7/2024 | Not Identified | Not Identified | Not Available | Hold |
1/19/2024 | Evercore Partners | Amit Daryanani | Hold | Strong Buy |
1/15/2024 | 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 | 2.67 |
ABR (Last week) | 2.67 |
# of Recs in ABR | 15 |
Average Target Price | $182.57 |
LT Growth Rate | 4.10% |
Industry | Computer - Integrated Systems |
Industry Rank by ABR | 197 of 252 |
Current Quarter EPS Est: | 2.16 |