International Business Machines Corporation (IBM) Stock Forecast
IBM analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.72 / 5 from 25 analysts
- Price target
- $242.65 average of analyst targets
- Upside to target
- +4.5% from the latest close
- Next earnings
- October 21, 2026 EPS estimate $2.87
- 52-week range
- $205.77 – $329.23
IBM analyst ratings
25 analystsNumber of analysts at each rating.
IBM price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
IBM earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.87 | $2.75 | $3.12 | $2.65 | +8.4% | 20 |
| Current fiscal year (2026) | $12.31 | $12.08 | $12.63 | $11.59 | +6.2% | 24 |
| Next fiscal year (2027) | $13.15 | $12.30 | $13.86 | $12.31 | +6.8% | 24 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
IBM revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $16.84B | $16.67B | $17.05B | +3.1% | 19 |
| Current fiscal year (2026) | $70.38B | $69.87B | $70.93B | +4.2% | 23 |
| Next fiscal year (2027) | $73.10B | $71.33B | $74.49B | +3.9% | 23 |
IBM EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
IBM revenue: reported and forecast
IBM EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.83 | $2.89 | $2.89 | $2.86 | $2.87 | +1.4% | 0 up · 3 down |
| Current fiscal year (2026) | $11.95 | $12.33 | $12.32 | $12.31 | $12.31 | +3.0% | 1 up · 1 down |
| Next fiscal year (2027) | $13.09 | $13.17 | $13.16 | $13.15 | $13.15 | +0.5% | 1 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
IBM earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; IBM beat in 12 of 12.
What analysts expect from IBM
25 analysts cover IBM; their consensus rating is buy (3.72 on a 1–5 scale, where 5 is a strong buy). The average price target is $242.65, 4.5% above the latest close of $232.14. Analysts expect earnings of $12.31 per share for 2026, +6.2% from a year earlier. For 2027 the average estimate is $13.15 per share on revenue of $73.1 billion. IBM beat the EPS estimate in 12 of the last 12 quarters.
Related: IBM income statement, IBM key metrics, IBM chart. See the IBM stock overview for the latest quote and news.
IBM forecast FAQ
What is IBM's price target?
The average analyst price target for IBM is $242.65, 4.5% above the latest close of $232.14.
Is IBM a buy, hold or sell?
Of 25 analysts covering IBM, 9 rate it a strong buy, 3 a buy, 11 a hold, 1 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is IBM's EPS forecast?
Analysts forecast $12.31 per share for 2026 (range $12.08 to $12.63); for 2027 the estimate is $13.15.
What is IBM's revenue forecast?
The average revenue estimate for 2026 is $70.4 billion, growth of 4.2%; for 2027 it is $73.1 billion.
When does IBM report earnings?
IBM is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes; the EPS estimate is $2.87.
Does IBM usually beat earnings estimates?
IBM reported EPS at or above the analyst estimate in 12 of the last 12 quarters.