International Business Machines (NYSE:IBM) Shares Up 1.8% on Analyst Upgrade

International Business Machines Corporation (NYSE:IBM)’s stock price rose 1.8% on Wednesday after Bank of America raised their price target on the stock from $315.00 to $335.00. Bank of America currently has a buy rating on the stock. International Business Machines traded as high as $309.19 and last traded at $308.6110. Approximately 3,768,813 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 3,643,441 shares. The stock had previously closed at $303.16.

IBM has been the topic of a number of other reports. Oppenheimer assumed coverage on shares of International Business Machines in a research report on Friday, November 21st. They set an “outperform” rating and a $360.00 price target on the stock. Stifel Nicolaus raised their price objective on International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Royal Bank Of Canada lifted their target price on International Business Machines from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Jefferies Financial Group raised International Business Machines from a “hold” rating to a “buy” rating and raised their price target for the stock from $300.00 to $360.00 in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $303.38.

Trending Headlines about International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: Bank of America raised its price target on IBM to $335 and kept a “buy” rating, signaling analyst conviction and giving investors upside to the current price. Article Title
• Positive Sentiment: Regulatory progress in a deal involving Confluent cleared a key U.S. antitrust hurdle tied to an IBM-related transaction, reducing M&A execution risk and supporting strategic growth expectations. Article Title
• Positive Sentiment: Prominent bullish commentary — Jim Cramer called IBM “still very inexpensive,” which can attract value-focused investors and support buying momentum. Article Title
• Neutral Sentiment: IBM scheduled its fourth-quarter 2025 earnings call for Jan 28; results and guidance will likely drive short-term volatility and set the tone for near-term outlook. Article Title
• Neutral Sentiment: Analyst commentary and coverage intensity on IBM are rising (TipRanks/Globe & Mail pieces), which may increase trading interest but doesn’t guarantee directional impact. Article Title Article Title
• Neutral Sentiment: IBM Vice Chairman Gary Cohn expressed bullish macro views on CNBC, which can be supportive for cyclical demand expectations but is an indirect driver for IBM-specific performance. Article Title
• Negative Sentiment: A Zacks analysis argued Microsoft has a clearer AI/cloud advantage and stronger growth outlook versus IBM, highlighting competitive pressure that could weigh on IBM’s relative valuation expansion over time. Article Title

Institutional Investors Weigh In On International Business Machines

Institutional investors have recently modified their holdings of the business. Brighton Jones LLC grew its position in shares of International Business Machines by 12.4% during the 4th quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after purchasing an additional 2,323 shares in the last quarter. First Hawaiian Bank grew its position in International Business Machines by 1.0% during the second quarter. First Hawaiian Bank now owns 4,357 shares of the technology company’s stock worth $1,284,000 after buying an additional 45 shares in the last quarter. Gradient Investments LLC increased its stake in International Business Machines by 29.8% during the 2nd quarter. Gradient Investments LLC now owns 2,492 shares of the technology company’s stock worth $735,000 after acquiring an additional 572 shares during the period. Apella Capital LLC raised its holdings in International Business Machines by 14.8% in the 2nd quarter. Apella Capital LLC now owns 7,566 shares of the technology company’s stock valued at $2,213,000 after acquiring an additional 974 shares in the last quarter. Finally, Northstar Advisory Group LLC lifted its position in shares of International Business Machines by 28.8% during the 2nd quarter. Northstar Advisory Group LLC now owns 3,290 shares of the technology company’s stock valued at $970,000 after acquiring an additional 735 shares during the period. Institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Up 1.8%

The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.93. The company has a market capitalization of $288.47 billion, a price-to-earnings ratio of 36.92, a price-to-earnings-growth ratio of 2.89 and a beta of 0.70. The firm has a fifty day moving average price of $303.74 and a 200-day moving average price of $282.13.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, October 22nd. The technology company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $0.20. The business had revenue of $16.33 billion during the quarter, compared to the consensus estimate of $16.10 billion. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.International Business Machines’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.30 earnings per share. As a group, equities analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 10th were paid a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, November 10th. International Business Machines’s dividend payout ratio (DPR) is 80.38%.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.