International Business Machines (NYSE:IBM) Price Target Raised to $269.00

International Business Machines (NYSE:IBM) had its target price boosted by JPMorgan Chase & Co. from $250.00 to $269.00 in a research note published on Thursday morning,Benzinga reports. They currently have an overweight rating on the technology company’s stock.

A number of other research analysts also recently issued reports on IBM. Royal Bank Of Canada restated an “outperform” rating and set a $270.00 price target on shares of International Business Machines in a report on Tuesday, October 13th. Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. BMO Capital Markets cut their price objective on International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a research report on Thursday, July 23rd. Wall Street Zen lowered International Business Machines from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. Finally, Bank of America reduced their target price on International Business Machines from $330.00 to $280.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $266.12.

International Business Machines Stock Performance

Shares of NYSE:IBM opened at $253.69 on Thursday. The company has a market cap of $239.01 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.43 and a beta of 0.73. The company has a 50-day moving average price of $233.06 and a 200-day moving average price of $243.70. The company has a current ratio of 0.85, a quick ratio of 0.74 and a debt-to-equity ratio of 1.57. International Business Machines has a 12 month low of $199.19 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.10. The company had revenue of $17.10 billion during the quarter, compared to analyst estimates of $16.82 billion. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. International Business Machines’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.65 earnings per share. As a group, equities analysts anticipate that International Business Machines will post 12.41 EPS for the current year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be paid a dividend of $1.69 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.7%. International Business Machines’s payout ratio is presently 57.63%.

Insider Activity

In related news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is owned by corporate insiders.

Institutional Trading of International Business Machines

Several large investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of International Business Machines in the 2nd quarter worth about $21,586,659,000. Bank of America Corp DE purchased a new position in International Business Machines during the 2nd quarter valued at about $4,214,868,000. Bank of New York Mellon Corp purchased a new position in International Business Machines during the 2nd quarter valued at about $2,606,782,000. Legal & General Group Plc bought a new stake in International Business Machines during the second quarter worth about $1,874,733,000. Finally, Wellington Management Group LLP boosted its stake in International Business Machines by 2,362.2% during the second quarter. Wellington Management Group LLP now owns 6,549,393 shares of the technology company’s stock worth $1,841,755,000 after acquiring an additional 6,283,395 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

Key International Business Machines News

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

• Positive Sentiment: IBM reported third-quarter revenue of $17.1 billion, up 4.7% year over year, while adjusted EPS of $2.95 exceeded analyst expectations. Software growth accelerated to 9% at constant currency, infrastructure demand improved, and operating pretax margins expanded by 70 basis points. IBM Beats Q3 Earnings Estimates on Software, Infrastructure Growth
• Positive Sentiment: Management raised its full-year free-cash-flow outlook, supported by stronger software performance, Red Hat demand and enterprise AI activity. Transaction-processing revenue also rose 10%, suggesting improving demand in key recurring-revenue businesses. IBM: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts raised their earnings estimates or price targets following the results. Erste Group increased its FY2027 EPS forecast to $13.40 from $13.13, while JPMorgan, RBC and Stifel reiterated positive ratings and lifted targets. IBM Analyst Estimates and Ratings
• Neutral Sentiment: IBM’s updated FY2026 revenue guidance of $70.2 billion to $70.9 billion broadly brackets the $70.4 billion consensus estimate. The outlook was not meaningfully raised, leaving investors focused on whether the software rebound can continue.
• Neutral Sentiment: IBM declared a quarterly dividend of $1.69 per share, or $6.76 annualized, reinforcing its appeal to income-oriented investors. A separate dividend-stock article highlighted IBM’s decades-long record of payout increases. IBM Declares $1.69 Dividend
• Negative Sentiment: Investors remain concerned that roughly half of the software growth benefited from the Confluent acquisition and that management’s unchanged revenue outlook implies slower growth later in the year. IBM’s comments that lower-cost, open-weight AI models can deliver comparable performance also raised questions about pricing power and AI monetization. Why Isn’t IBM’s Stock Bouncing Back After Strong Earnings Results?
• Negative Sentiment: Some analysts view IBM’s valuation as demanding relative to its modest underlying growth, while slower Consulting performance, debt and uncertainty over the durability of the software rebound could limit further upside.

About International Business Machines

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.