JPMorgan Chase & Co. Forecasts Strong Price Appreciation for International Business Machines (NYSE:IBM) Stock

International Business Machines (NYSE:IBM) had its price target hoisted by equities researchers at JPMorgan Chase & Co. from $312.00 to $317.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 2.70% from the company’s previous close.

A number of other research analysts have also recently weighed in on the company. Morgan Stanley set a $304.00 price target on International Business Machines in a research report on Thursday. Erste Group Bank raised International Business Machines from a “hold” rating to a “buy” rating in a research note on Friday, December 5th. UBS Group set a $317.00 price objective on International Business Machines in a report on Thursday. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. Finally, Royal Bank Of Canada set a $361.00 target price on International Business Machines in a research report on Thursday. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $327.93.

International Business Machines Price Performance

Shares of IBM traded up $14.51 during trading hours on Thursday, reaching $308.67. The company had a trading volume of 10,094,745 shares, compared to its average volume of 4,586,893. The company has a market capitalization of $288.53 billion, a price-to-earnings ratio of 36.92, a PEG ratio of 2.85 and a beta of 0.70. International Business Machines has a 12-month low of $214.50 and a 12-month high of $324.90. The firm has a 50 day simple moving average of $302.31 and a 200-day simple moving average of $282.81. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, topping the consensus estimate of $4.33 by $0.19. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The company had revenue of $19.69 billion for the quarter, compared to analyst estimates of $19.23 billion. During the same period in the prior year, the business posted $3.92 earnings per share. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Research analysts expect that International Business Machines will post 10.78 earnings per share for the current year.

Institutional Investors Weigh In On International Business Machines

Institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of International Business Machines in the 2nd quarter valued at about $2,011,122,000. Capital World Investors lifted its holdings in International Business Machines by 13.9% during the 3rd quarter. Capital World Investors now owns 17,045,156 shares of the technology company’s stock worth $4,809,461,000 after buying an additional 2,077,506 shares during the last quarter. Vanguard Group Inc. grew its position in shares of International Business Machines by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock worth $28,019,274,000 after acquiring an additional 1,913,708 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of International Business Machines by 27,928.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company’s stock valued at $561,001,000 after acquiring an additional 1,896,326 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of International Business Machines by 39.6% during the 3rd quarter. First Trust Advisors LP now owns 3,052,880 shares of the technology company’s stock valued at $861,401,000 after acquiring an additional 865,253 shares in the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Q4 beat and AI momentum — IBM reported EPS of $4.52 and revenue of $19.69B, topping estimates; management highlighted a >$12.5B AI book of business and double‑digit software and infrastructure growth, which is the main driver of today’s rally. Article Title
• Positive Sentiment: Confluent acquisition — IBM announced an ~$11B deal for Confluent to strengthen real‑time data streaming and AI platform capabilities, a strategic move that investors see as accelerating IBM’s hybrid‑cloud/AI positioning. Article Title
• Positive Sentiment: Analyst upgrades and praise — Several firms (Evercore raised its PT to $345; Bank of America reiterated buy; RBC and other analysts reiterated/outperformed) have responded to the results with higher targets and positive notes, supporting upside momentum. Article Title
• Positive Sentiment: Upbeat 2026 guidance and cash flow — IBM raised FY‑2026 revenue expectations (company cited ~$70.9B) and expects higher free cash flow, which underpins valuations and dividend sustainability. Article Title
• Neutral Sentiment: Dividend declared — IBM announced a quarterly dividend ($1.68 per share record Feb 10 / pay Mar 10), which supports income investors but is largely priced in.
• Negative Sentiment: Execution and legacy risks — Some commentary (e.g., Seeking Alpha) warns IBM still faces integration, legacy headwinds and uneven segments — factors that could temper upside if growth or margins slow. Article Title

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.