Investment Analysts’ Recent Ratings Updates for International Business Machines (IBM)

Several brokerages have updated their recommendations and price targets on shares of International Business Machines (NYSE: IBM) in the last few weeks:

• 5/6/2026 – International Business Machines had its price target lowered by Royal Bank Of Canada from $330.00 to $300.00. They now have an “outperform” rating on the stock.
• 5/6/2026 – International Business Machines had its “outperform” rating reaffirmed by Wedbush. They now have a $320.00 price target on the stock.
• 4/28/2026 – International Business Machines was upgraded by HSBC Holdings plc from “reduce” to “hold”. They now have a $231.00 price target on the stock, up from $218.00.
• 4/24/2026 – International Business Machines was upgraded by DZ Bank AG from “hold” to “buy”. They now have a $295.00 price target on the stock.
• 4/23/2026 – International Business Machines had its price target lowered by Wedbush from $340.00 to $320.00. They now have an “outperform” rating on the stock.
• 4/23/2026 – International Business Machines had its price target lowered by BMO Capital Markets from $290.00 to $270.00. They now have a “market perform” rating on the stock.
• 4/23/2026 – International Business Machines had its price target raised by Morgan Stanley from $215.00 to $225.00. They now have an “equal weight” rating on the stock.
• 4/21/2026 – International Business Machines had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/20/2026 – International Business Machines had its price target lowered by Jefferies Financial Group Inc. from $370.00 to $320.00. They now have a “buy” rating on the stock.
• 4/17/2026 – International Business Machines had its price target lowered by Royal Bank Of Canada from $361.00 to $330.00. They now have an “outperform” rating on the stock.
• 4/17/2026 – International Business Machines had its “outperform” rating reaffirmed by Wedbush. They now have a $340.00 price target on the stock.
• 4/16/2026 – International Business Machines had its price target lowered by Oppenheimer Holdings, Inc. from $380.00 to $320.00. They now have an “outperform” rating on the stock.
• 4/14/2026 – International Business Machines was given a new $215.00 price target by Morgan Stanley.
• 4/10/2026 – International Business Machines is now covered by Citigroup Inc.. They set a “buy” rating and a $285.00 price target on the stock.
• 4/8/2026 – International Business Machines had its price target lowered by Stifel Nicolaus from $340.00 to $290.00. They now have a “buy” rating on the stock.
• 3/19/2026 – International Business Machines had its price target lowered by BMO Capital Markets from $350.00 to $290.00. They now have a “market perform” rating on the stock.
• 3/18/2026 – International Business Machines had its price target lowered by JPMorgan Chase & Co. from $317.00 to $283.00. They now have a “neutral” rating on the stock.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be given a dividend of $1.69 per share. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend is Friday, May 8th. This represents a $6.76 dividend on an annualized basis and a yield of 3.0%. International Business Machines’s payout ratio is 59.42%.

Insider Buying and Selling at International Business Machines

In other news, Director Michael Miebach purchased 434 shares of the stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the acquisition, the director owned 434 shares of the company’s stock, valued at approximately $101,265.22. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

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.