Evercore ISI Issues Positive Forecast for International Business Machines (NYSE:IBM) Stock Price

International Business Machines (NYSE:IBM) had its price objective hoisted by investment analysts at Evercore ISI from $330.00 to $345.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the technology company’s stock. Evercore ISI’s price target indicates a potential upside of 17.16% from the stock’s current price.

Several other brokerages also recently issued reports on IBM. Dbs Bank upgraded shares of International Business Machines from a “hold” rating to a “moderate buy” rating in a research note on Monday, January 19th. Bank of America upped their price objective on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. JPMorgan Chase & Co. increased their target price on International Business Machines from $290.00 to $312.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. Wedbush restated an “outperform” rating and issued a $340.00 price target on shares of International Business Machines in a research note on Thursday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 price objective on shares of International Business Machines in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, International Business Machines has an average rating of “Moderate Buy” and a consensus target price of $318.50.

International Business Machines Stock Performance

International Business Machines stock opened at $294.47 on Thursday. International Business Machines has a twelve month low of $214.50 and a twelve month high of $324.90. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $275.25 billion, a P/E ratio of 35.22, a PEG ratio of 2.85 and a beta of 0.70. The stock’s 50 day moving average is $302.31 and its 200 day moving average is $282.81.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.33 by $0.19. The business had revenue of $19.69 billion for the quarter, compared to the consensus estimate of $19.23 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 12.2% compared to the same quarter last year. During the same period in the previous year, the company posted $3.92 earnings per share. On average, equities research analysts predict that International Business Machines will post 10.78 earnings per share for the current fiscal year.

Institutional Trading of International Business Machines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC raised 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 valued at $4,619,000 after purchasing an additional 2,323 shares during the period. Trinity Legacy Partners LLC purchased a new stake in International Business Machines in the 2nd quarter worth $203,000. Sivia Capital Partners LLC raised its holdings in International Business Machines by 10.6% during the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock valued at $571,000 after acquiring an additional 186 shares during the period. Impact Capital Partners LLC lifted its position in shares of International Business Machines by 12.1% in the second quarter. Impact Capital Partners LLC now owns 1,227 shares of the technology company’s stock valued at $362,000 after acquiring an additional 132 shares in the last quarter. Finally, SOA Wealth Advisors LLC. grew its position in shares of International Business Machines by 17.6% during the second quarter. SOA Wealth Advisors LLC. now owns 3,526 shares of the technology company’s stock worth $1,039,000 after purchasing an additional 527 shares in the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines News Roundup

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

• Positive Sentiment: Q4 results beat expectations — EPS $4.52 vs. consensus $4.33 and revenue $19.69B (up 12% YoY). The company cited broad-based strength across software and infrastructure. IBM Q4 earnings (MarketBeat)
• Positive Sentiment: Management raised FY‑2026 outlook — IBM signaled revenue growth above 5% and higher free cash flow (about $1B improvement) with revenue guidance ~ $70.9B, which tops Street estimates. That lift to guidance is a primary driver of the rally. IBM forecasts 5% revenue growth in 2026 (CNBC)
• Positive Sentiment: AI and software momentum — IBM’s generative AI business topped $12.5B and software/infrastructure showed double‑digit growth, underpinning higher-margin revenue expansion. This supports longer‑term margin and cash‑flow improvement expectations. IBM generative AI business tops $12.5B (Proactive Investors)
• Positive Sentiment: Dividend declared — board approved a quarterly dividend of $1.68 per share (record Feb. 10; payable Mar. 10), yielding ~2.3%, which supports income-oriented investors and the defensive story.
• Positive Sentiment: Analyst tone mixed-to-favorable — some shops (RBC, others) highlight IBM as a defensive AI play and the consensus analyst rating is around “Moderate Buy,” giving additional support to the stock. RBC calls IBM a defensive AI play (InsiderMonkey) Consensus rating: Moderate Buy (AmericanBankingNews)
• Neutral Sentiment: Macro backdrop — broader market futures rose after the Fed paused cuts, which helped risk assets generally; IBM benefited as part of tech/AI names. Market futures gain after Fed pause (Benzinga)
• Neutral Sentiment: IP and AI education moves — IBM is expanding AI education and patents, which is strategically positive but longer‑dated in impact. IBM expands AI education and patents (Yahoo Finance)
• Negative Sentiment: Some sell‑side caution remains — Evercore ISI reiterated an Underperform ahead of earnings, signaling that not all analysts are convinced the rally fully justifies valuation. This could cap upside if growth disappoints later. Evercore reiterates Underperform (Yahoo Finance)

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.