IBM Stock Holds Firm Amid Analyst Optimism
IBM's stock price has stabilized around $242.77 as of September 12, 2026, with a market capitalization of approximately $229.16 billion.
According to MarketBeat, analysts remain optimistic about the company, rating it 'Moderate Buy' with 17 Buy and 10 Hold calls, alongside one Sell recommendation.
The consensus target price stands at $265.90, representing a 9.4% gap from the current stock price. Notably, some analysts have revised their targets: Robert W. Baird set a neutral rating with a $230.00 target, while Bank of America increased its target from $315.00 to $330.00.
IBM's second-quarter 2026 outlook continues to influence the debate, with projected revenue growth of 1%, software growth of about 5%, and a 7% decline in infrastructure. Gross profit margin is expected to reach around 57.7%, down from the prior period.