International Business Machines (NYSE:IBM – Get Free Report) had its price target increased by stock analysts at JPMorgan Chase & Co. from $290.00 to $312.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 5.58% from the stock’s current price.
Several other analysts have also issued reports on IBM. Bank of America upped their target price on International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Dbs Bank upgraded shares of International Business Machines from a “hold” rating to a “moderate buy” rating in a report on Monday. Jefferies Financial Group raised shares of International Business Machines from a “hold” rating to a “buy” rating and increased their target price for the company from $300.00 to $360.00 in a report on Monday, January 5th. Wall Street Zen cut shares of International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. Finally, Royal Bank Of Canada boosted their price objective on International Business Machines from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.86.
Check Out Our Latest Report on International Business Machines
International Business Machines Price Performance
International Business Machines (NYSE:IBM – Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.20. The firm had revenue of $16.33 billion during the quarter, compared to analysts’ expectations of $16.10 billion. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.30 EPS. On average, analysts predict that International Business Machines will post 10.78 EPS for the current fiscal year.
Institutional Trading of International Business Machines
A number of hedge funds have recently made changes to their positions in IBM. Family CFO Inc bought a new position in shares of International Business Machines during the second quarter valued at $25,000. Winnow Wealth LLC purchased a new stake in International Business Machines during the 2nd quarter valued at about $27,000. Mountain Hill Investment Partners Corp. purchased a new position in International Business Machines in the third quarter worth about $28,000. SWAN Capital LLC bought a new position in shares of International Business Machines in the third quarter worth approximately $28,000. Finally, Highline Wealth Partners LLC grew its holdings in shares of International Business Machines by 85.0% during the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock valued at $33,000 after buying an additional 51 shares during the last quarter. 58.96% of the stock is owned by institutional investors.
International Business Machines News Summary
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: Analysts remain confident in IBM’s AI-driven strategy, signaling continued street support for the company’s growth thesis in enterprise AI. IBM Shares: Analysts Maintain Confidence Amid AI-Driven Strategy
- Positive Sentiment: IBM unveiled a new enterprise AI platform aimed at scaling watsonx capabilities for customers — a product move investors see as directly tied to revenue growth potential in AI services. What International Business Machines (IBM)’s New Enterprise AI Platform Push Means For Shareholders
- Positive Sentiment: DBS Bank upgraded IBM from Hold to Moderate Buy, a near-term catalyst that can support buying pressure and helped lift analyst sentiment. International Business Machines (NYSE:IBM) Stock Rating Upgraded by Dbs Bank
- Positive Sentiment: IBM partnered with the Recording Academy to release new watsonx digital experiences for the Grammys — a marketing and product showcase that highlights consumer-facing AI use cases and brand relevance. IBM and the Recording Academy Strike a Chord, Release New watsonx Digital Experiences
- Positive Sentiment: IBM expanded agentic AI capabilities via a collaboration with e&, targeting compliance, policy and risk use cases — a strategic partnership that could accelerate enterprise adoption. Can IBM’s Agentic AI Collaboration With e& Boost Its Global Lead?
- Neutral Sentiment: Columnists are reassessing IBM’s valuation after recent share gains and long-term returns; this analysis frames whether current multiples leave room for further upside. Assessing IBM (NYSE:IBM) Valuation After Recent Share Price Strength And Long Term Returns
- Neutral Sentiment: Coverage notes IBM’s dividend appeal amid market volatility — investors weighing yield versus tech growth may treat IBM as an income-oriented holding during pullbacks. Are These 2 Dividend Stocks Bargains Yet?
- Neutral Sentiment: Broader thematic pieces (quantum computing potential) mention IBM as a long-term player, but these are longer-horizon narratives unlikely to move the stock near-term. These 3 Giant Tech Stocks Are Poised for Explosive Quantum Growth
- Negative Sentiment: IBM recently posted a larger-than-market one-day decline (about -4.7% on the last close), highlighting near-term volatility that could pressure sentiment and trigger short-term profit-taking. IBM (IBM) Suffers a Larger Drop Than the General Market: Key Insights
- Positive Sentiment: Market note: several analyst target updates and consensus forecasts (including notes forecasting a potential near-term rally) are being circulated, which can amplify momentum if views converge bullishly. IBM To Rally Around 8%? Here Are 10 Top Analyst Forecasts For Tuesday
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.
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