IBM | International Business Machines Corp. Analyst Estimates | MarketWatch (2024)

FAQs

What is the analyst forecast for IBM? ›

Based on 12 Wall Street analysts offering 12 month price targets for International Business Machines in the last 3 months. The average price target is $192.58 with a high forecast of $220.00 and a low forecast of $125.00. The average price target represents a 6.25% change from the last price of $181.25.

What was the 52-week high for IBM stock? The high in the last 52 weeks of IBM stock was 199.13. According to the current price, IBM is 90.92% away from the 52-week high.

Based on analysts offering 12 month price targets for IBM in the last 3 months. The average price target is $192.67 with a high estimate of $220 and a low estimate of $125.

International Business Machines Corporation Common Stock is expected* to report earnings on 04/24/2024 after market close. The report will be for the fiscal Quarter ending Mar 2024. According to Zacks Investment Research, based on 7 analysts' forecasts, the consensus EPS forecast for the quarter is $1.6.

Out of 10 analysts, 2 (20%) are recommending IBM as a Strong Buy, 2 (20%) are recommending IBM as a Buy, 4 (40%) are recommending IBM as a Hold, 0 (0%) are recommending IBM as a Sell, and 2 (20%) are recommending IBM as a Strong Sell. If you're new to stock investing, here's how to buy IBM stock.

IBM long term debt for the quarter ending December 31, 2023 was $50.121B, a 8.51% increase year-over-year. IBM long term debt for 2023 was $50.121B, a 8.51% increase from 2022. IBM long term debt for 2022 was $46.189B, a 2.83% increase from 2021. IBM long term debt for 2021 was $44.917B, a 17.15% decline from 2020.

International Business Machines has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.

Is IBM a buy right now? ›

International Business Machines Corporation - Hold

Zacks' proprietary data indicates that International Business Machines Corporation is currently rated as a Zacks Rank 3 and we are expecting an inline return from the IBM shares relative to the market in the next few months.

The analyst community believes IBM's annual top line will swell to just under $78 billion by 2028 versus last year's $61.9 billion. Per-share profits are expected to grow from last year's $8.14 to $13.10 in 2027. That's roughly 5% annualized growth for both fiscal measures.

IBM's dividends are normally paid on the 10th of March, June, September and December. The dividend record date normally precedes the dividend payment date by approximately one month.

International Business Machines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $8.12. Therefore, International Business Machines's PE Ratio for today is 22.45.

According to our current IBM stock forecast, the value of International Business Machines shares will rise by 0.13% and reach $ 181.85 per share by April 26, 2024.

IBM, which currently has more than 352,000 workers, said it expects the separation to cost $5bn. IBM's legacy businesses will be spun off into a new company called NewCo. This will encompass its “Managed Infrastructure Services” division. Analysts said the move is an attempt to focus on more profitable business models.

The job duties of a forecast analyst involve using inventory, sales, and production data and information about economic and market trends to predict future market conditions and demand for products. In this career, you use research, statistics, and data for computer modeling to inform or confirm your predictions.