JPMorgan Chase & Co. Increases International Business Machines (NYSE:IBM) Price Target to $312.00

International Business Machines (NYSE:IBM) had its target price lifted by investment analysts at JPMorgan Chase & Co. from $290.00 to $312.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 5.58% from the company’s previous close.

A number of other analysts also recently issued reports on IBM. Morgan Stanley cut their price objective on shares of International Business Machines from $256.00 to $252.00 and set an “equal weight” rating for the company in a report on Thursday, October 23rd. BMO Capital Markets upped their price objective on International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a research report on Thursday, October 23rd. Stifel Nicolaus raised their price target on shares of International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Oppenheimer assumed coverage on International Business Machines in a research report on Friday, November 21st. They set an “outperform” rating and a $360.00 price objective on the stock. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and a consensus target price of $306.86.

International Business Machines Stock Performance

International Business Machines stock traded up $4.16 during mid-day trading on Wednesday, hitting $295.51. 657,503 shares of the company’s stock traded hands, compared to its average volume of 4,074,546. The stock has a market cap of $276.22 billion, a price-to-earnings ratio of 35.40, a P/E/G ratio of 2.96 and a beta of 0.70. The firm has a 50 day simple moving average of $302.94 and a two-hundred day simple moving average of $282.50. International Business Machines has a fifty-two week low of $214.50 and a fifty-two week high of $324.90. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.93 and a quick ratio of 0.89.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, October 22nd. The technology company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.45 by $0.20. The business had revenue of $16.33 billion during the quarter, compared to the consensus estimate of $16.10 billion. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. International Business Machines’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.30 EPS. On average, research analysts expect that International Business Machines will post 10.78 EPS for the current fiscal year.

Hedge Funds Weigh In On International Business Machines

A number of hedge funds have recently added to or reduced their stakes in IBM. CVA Family Office LLC boosted its holdings in International Business Machines by 1.4% during the 4th quarter. CVA Family Office LLC now owns 2,389 shares of the technology company’s stock worth $708,000 after acquiring an additional 33 shares during the last quarter. Foster Group Inc. raised its stake in shares of International Business Machines by 1.3% in the fourth quarter. Foster Group Inc. now owns 2,507 shares of the technology company’s stock valued at $742,000 after buying an additional 33 shares during the period. New Covenant Trust Company N.A. lifted its holdings in International Business Machines by 3.8% during the fourth quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company’s stock valued at $264,000 after purchasing an additional 33 shares during the last quarter. CFS Investment Advisory Services LLC lifted its stake in shares of International Business Machines by 0.4% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company’s stock valued at $2,878,000 after buying an additional 34 shares in the last quarter. Finally, KPP Advisory Services LLC boosted its holdings in shares of International Business Machines by 1.7% in the third quarter. KPP Advisory Services LLC now owns 2,069 shares of the technology company’s stock worth $584,000 after acquiring an additional 34 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

Key International Business Machines News

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

• Positive Sentiment: Analysts remain confident in IBM’s AI-driven strategy, signaling continued street support for the company’s growth thesis in enterprise AI. IBM Shares: Analysts Maintain Confidence Amid AI-Driven Strategy
• Positive Sentiment: IBM unveiled a new enterprise AI platform aimed at scaling watsonx capabilities for customers — a product move investors see as directly tied to revenue growth potential in AI services. What International Business Machines (IBM)’s New Enterprise AI Platform Push Means For Shareholders
• Positive Sentiment: DBS Bank upgraded IBM from Hold to Moderate Buy, a near-term catalyst that can support buying pressure and helped lift analyst sentiment. International Business Machines (NYSE:IBM) Stock Rating Upgraded by Dbs Bank
• Positive Sentiment: IBM partnered with the Recording Academy to release new watsonx digital experiences for the Grammys — a marketing and product showcase that highlights consumer-facing AI use cases and brand relevance. IBM and the Recording Academy Strike a Chord, Release New watsonx Digital Experiences
• Positive Sentiment: IBM expanded agentic AI capabilities via a collaboration with e&, targeting compliance, policy and risk use cases — a strategic partnership that could accelerate enterprise adoption. Can IBM’s Agentic AI Collaboration With e& Boost Its Global Lead?
• Neutral Sentiment: Columnists are reassessing IBM’s valuation after recent share gains and long-term returns; this analysis frames whether current multiples leave room for further upside. Assessing IBM (NYSE:IBM) Valuation After Recent Share Price Strength And Long Term Returns
• Neutral Sentiment: Coverage notes IBM’s dividend appeal amid market volatility — investors weighing yield versus tech growth may treat IBM as an income-oriented holding during pullbacks. Are These 2 Dividend Stocks Bargains Yet?
• Neutral Sentiment: Broader thematic pieces (quantum computing potential) mention IBM as a long-term player, but these are longer-horizon narratives unlikely to move the stock near-term. These 3 Giant Tech Stocks Are Poised for Explosive Quantum Growth
• Negative Sentiment: IBM recently posted a larger-than-market one-day decline (about -4.7% on the last close), highlighting near-term volatility that could pressure sentiment and trigger short-term profit-taking. IBM (IBM) Suffers a Larger Drop Than the General Market: Key Insights
• Positive Sentiment: Market note: several analyst target updates and consensus forecasts (including notes forecasting a potential near-term rally) are being circulated, which can amplify momentum if views converge bullishly. IBM To Rally Around 8%? Here Are 10 Top Analyst Forecasts For Tuesday

International Business Machines Company Profile

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.