Equites Radar

IBM · International Business Machines

Information Technology ServicesUnited StatesAnalyst view: Buy

$253.56

+0.57% last session

End-of-day data · close of 2026-10-23

Mildly bullish3 bullish · 2 bearish technical signals
Consensus: Buy (2.28 from 23 analysts)
To mean target: +1.4%

Market cap

$240B

Enterprise value

$296B

Trailing P/E

21.6

Forward P/E

19.2

Dividend yield

3.0%

Beta

0.72

Avg volume

6M

Employees

264K

Daily Change %

0.57%

5 Days Change

8.60%

10 Days Change

9.24%

30 Days Change

8.31%

60 Days Change

9.12%

Month to Day Change

11.74%

Year to Day Change

-13.15%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.28
Covering analysts23
Mean price target$257.22
Low price target$174.00
Upside to mean target+1.4%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)71.2
50-day MA$233.04
200-day MA$248.15
Price vs 50-day MA+8.8%
Price vs 200-day MA+2.2%
MACD histogram3.44
Volume vs 3-month avg1.0×
52w low $204.3052w high $326.89

Analyst sentiment over time — IBM

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-10-22

Latest call per bank · past 12 months

Jefferies

Buy

$280

+10.4% vs price
▲ raised from $270Maintains · 2026-10-22

UBS

Neutral

$243

-4.2% vs price
▲ raised from $236Maintains · 2026-10-22

Citigroup

Buy

$280

+10.4% vs price
▲ raised from $245Maintains · 2026-10-22

Morgan Stanley

Equal-Weight

$240

-5.3% vs price
▲ raised from $238Maintains · 2026-10-22

Barclays

Overweight

$277

+9.2% vs price
▲ raised from $262Maintains · 2026-10-22

RBC Capital

Outperform

$270

+6.5% vs price
Reiterates · 2026-10-22

JP Morgan

Overweight

$269

+6.1% vs price
▲ raised from $250Maintains · 2026-10-22

HSBC

Reduce

$191

-24.7% vs price
▼ cut from $231Downgrade · 2026-07-14

Bank of America

Buy

$330

+30.1% vs price
▲ raised from $315Maintains · 2026-07-06

Recent rating actions

DateFirmActionRatingPrice target
2026-10-22JefferiesMaintainsBuy$270 → $280
2026-10-22UBSMaintainsNeutral$236 → $243
2026-10-22CitigroupMaintainsBuy$245 → $280
2026-10-22Morgan StanleyMaintainsEqual-Weight$238 → $240
2026-10-22BMO CapitalMaintainsMarket Perform$230 → $265
2026-10-22BarclaysMaintainsOverweight$262 → $277
2026-10-22RBC CapitalReiteratesOutperform$270
2026-10-22JP MorganMaintainsOverweight$250 → $269

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-10-23

  • bearish: RSI (14): RSI is 71 — overbought territory; the recent run-up may be due for a pause.
  • bullish: Price vs 50-day MA: Trading 8.8% above the 50-day MA ($233.04).
  • bullish: Price vs 200-day MA: Trading 2.2% above the 200-day MA ($248.15).
  • bearish: MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • bullish: MACD (12,26,9): MACD histogram is positive (+3.44) — short-term momentum is improving.
  • neutral: 52-week range: Price sits between the 52-week low ($204.30) and high ($326.89).

IBM Price Chart

Loading chart for IBM…

Fundamentals

Revenue (TTM)$70B
EBITDA$16B
Free cash flow$12B
Operating cash flow$16B
Book value / share$37.63
Net Debt / EBITDA3.5
WACC8.0%
Revenue growth5.00%
Earnings growth25.00%

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment delivers strategy and technology services and intelligent operations, providing business transformation, technology implementation, managed services, application modernization, and AI-powered solutions. The Infrastructure segment provides on-premises and cloud-based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, and facilitates IBM clients' acquisition of hardware, software, and services. It operates a data streaming platform. The company has strategic partnerships with various companies, including hyperscalers, service providers, global system integrators, and software and hardware vendors that include Adobe, Amazon Web Services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. It also has a strategic collaboration with Arm Holdings plc for the development of new dual-architecture hardware that helps enterprises run future AI and data intensive workloads; strategic partnership with three.ws to advance ai-powered 3d agent technology; and collaboration with Lightwell to help strengthen open source software supply chain. Additionally, it offers operational resilience, logistics, and future-ready technology to the UK Ministry of Defence through Team ORION. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.