IBM

IBM provides hybrid cloud, artificial intelligence, software, consulting, and IT infrastructure services to businesses. Its software business, particularly Red Hat, automation, and AI solutions such as watsonx, is a key area analysts focus on.

IBM（国际商业机器公司）为企业提供混合云、人工智能、软件、咨询及 IT 基础设施服务。其软件业务，尤其是 Red Hat、自动化技术以及 watsonx 等人工智能解决方案，是分析师重点关注的领域。

Every figure on this page is tipranks’s, read on 2026-10-27 and linked below.

SmartChecker IBM Forecast

The forecast in short

tipranks records 17 analyst ratings on IBM and summarises them as “Moderate Buy”. Their average 12-month price target is 265.59 (4.79% Upside). Its tipranks score is 8 out of 10 — Outperform. These are tipranks’s figures as SmartChecker read them on 2026-10-27, not SmartChecker’s own view, and nothing here is advice to buy or sell.

Market cap

USD 239.53 B

≈ Maybank x 8

Share price

USD 253.44

≈ RM 1035.43

#71World ranking

tipranks score

Outperform

8

Analyst ratings

Moderate Buy

  • Buy10 59%
  • Hold7 41%
  • Sell0 0%

tipranks’s own summary of the 17 ratings above.

12 months price forecast

265.59 4.79% Upside

USD 211.07 USD 246.53 USD 281.99 USD 317.45Past 12 months 12 months forecast High USD 300 Average USD 265.59 Low USD 2402025-10 2026-10

As tipranks publishes it. SmartChecker has not recalculated any of it.

Analyst profiles. Who made each call, and when.

AnalystFromPositionTarget priceDated
James FriedmanSusquehannaHoldUSD 2562026-10-26
Mark NewmanBernsteinHoldUSD 2502026-10-25
Fatima BoolaniCitiBuyUSD 2802026-10-23
Wamsi MohanBank of America SecuritiesBuyUSD 2802026-10-23
Arvind RamnaniTruist FinancialHoldUSD 2602026-10-22
Robert OliverRobert W. BairdHoldUSD 2602026-10-22
Brent ThillJefferiesBuyUSD 2802026-10-22
David VogtUBSHoldUSD 2432026-10-22
David GrossmanStifel NicolausBuyUSD 2602026-10-22
Raimo LenschowBarclaysBuyUSD 2772026-10-22
Keith BachmanBMO CapitalHoldUSD 2652026-10-22
Brian EssexJ.P. MorganBuyUSD 2692026-10-22
Erik WoodringMorgan StanleyHoldUSD 2402026-10-22
Matthew SwansonRBC CapitalBuyUSD 2702026-10-21
James SchneiderGoldman SachsBuyUSD 3002026-10-21
Amit DaryananiEvercore ISIBuyUSD 2502026-10-20
Daniel IvesYorkville Ives & CoBuyUSD 2752026-10-06
Param SinghOppenheimerBuyUSD 3502026-07-15
Jim KelleherArgus ResearchBuyUSD 2802026-07-15
Abhishek ShuklaHSBCSellUSD 1912026-07-14
Ingo WermannDZ BANK AGBuyUSD 2952026-04-24
Hans EngelErste GroupHoldN/A2026-04-01
Sachin MittalDBSBuyUSD 3652026-02-10
Ben ReitzesMelius ResearchBuyUSD 3752026-01-05
Unknown AnalystMizuho SecuritiesBuyUSD 3252025-12-09
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Investment Strengths

Recurring software growth

Strong software growth and expanding annual recurring revenue provide a durable, contract-based foundation for IBM’s earnings. The mix of net new business, subscriptions, and support can improve revenue visibility while funding continued investment in hybrid cloud and AI capabilities.

Strong cash generation

IBM’s substantial operating and free cash flow supports debt management, shareholder distributions, and ongoing investment without relying entirely on external financing. Cash flow also tracks earnings reasonably well, indicating that reported profitability is converting into usable financial resources.

Hybrid cloud platform momentum

Red Hat and OpenShift give IBM a growing position in hybrid cloud, where enterprises need software that spans on-premises and cloud environments. Rising recurring revenue and accelerating OpenShift ARR strengthen IBM’s platform ecosystem and support durable cross-selling across its portfolio.

People also ask

What is the 12-month price target for IBM (IBM)?

tipranks publishes an average 12-month price target of 265.59 (4.79% Upside), as SmartChecker read it on 2026-10-27. The highest target is USD 300 and the lowest is USD 240. A price target is an analyst’s estimate of where a share might trade, not a promise, and SmartChecker gives no investment advice.

See tipranks’s own page ↗
How many analysts cover IBM (IBM)?

tipranks records 17 analyst ratings: 10 buy, 7 hold and 0 sell, which it summarises as “Moderate Buy”, as SmartChecker read it on 2026-10-27.

See tipranks’s own page ↗
What is the tipranks score for IBM (IBM)?

tipranks scores it 8 out of 10 and calls that “Outperform”, as SmartChecker read it on 2026-10-27. The score is tipranks’s, not SmartChecker’s, and SmartChecker does not rate listed shares.

See tipranks’s own page ↗
Is this SmartChecker’s own forecast for IBM?

No. Every figure on this page is published by tipranks, copied on 2026-10-27 with a link to the original, and not recalculated. SmartChecker assesses financial companies in Malaysia against the public registers; it makes no forecast of its own and holds no licence to advise on securities.

See tipranks’s own page ↗

Member reviews. Members’ own ratings and words, not SmartChecker’s rating.

These ratings and words are written by SmartChecker members and published immediately without administrator approval. SmartChecker does not rate listed companies: a rating here belongs to whoever wrote it, it counts towards no score of ours, and nothing in it is advice.

Disclaimer

SmartChecker provides informational and financial market news only and does not provide investment, financial or legal advice.

tipranks — IBM (IBM)