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

International Business Machines (NYSE:IBM) had its target price increased by JPMorgan Chase & Co. from $290.00 to $312.00 in a research note published on Wednesday morning,Benzinga reports. The brokerage currently has a neutral rating on the technology company’s stock.

A number of other research firms have also weighed in on IBM. Oppenheimer assumed coverage on shares of International Business Machines in a research report on Friday, November 21st. They set an “outperform” rating and a $360.00 price target on the stock. Stifel Nicolaus lifted their target price on shares of International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Royal Bank Of Canada boosted their target price on International Business Machines from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Wall Street Zen lowered International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Finally, Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a report on Saturday, October 25th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and a consensus target price of $306.86.

International Business Machines Trading Up 2.1%

Shares of International Business Machines stock opened at $297.51 on Wednesday. The company has a market capitalization of $278.09 billion, a P/E ratio of 35.59, a price-to-earnings-growth ratio of 2.82 and a beta of 0.70. The stock has a fifty day simple moving average of $302.58 and a 200 day simple moving average of $282.60. International Business Machines has a 12-month low of $214.50 and a 12-month high of $324.90. 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 posted its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.20. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The firm had revenue of $16.33 billion for the quarter, compared to the consensus estimate of $16.10 billion. During the same period in the previous year, the firm earned $2.30 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, sell-side analysts anticipate that International Business Machines will post 10.78 earnings per share for the current fiscal year.

Hedge Funds Weigh In On International Business Machines

Hedge funds have recently made changes to their positions in the stock. Foster Group Inc. increased its stake in International Business Machines by 1.3% in the 4th 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. CVA Family Office LLC boosted its holdings in shares of International Business Machines by 1.4% in the fourth quarter. CVA Family Office LLC now owns 2,389 shares of the technology company’s stock valued at $708,000 after acquiring an additional 33 shares in the last quarter. New Covenant Trust Company N.A. increased its stake in shares of 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 worth $264,000 after acquiring an additional 33 shares during the period. CFS Investment Advisory Services LLC raised its holdings in International Business Machines by 0.4% during the third quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company’s stock worth $2,878,000 after purchasing an additional 34 shares in the last quarter. Finally, KPP Advisory Services LLC lifted its position in 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 valued at $584,000 after purchasing an additional 34 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

International Business Machines News Summary

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

• Positive Sentiment: JPMorgan raised its price target to $312 (from $290) while keeping a neutral rating, signaling analyst confidence that leaves upside from current levels. Benzinga
• Positive Sentiment: DBS Bank upgraded IBM from Hold to Moderate Buy, adding to the wave of bullish analyst activity ahead of earnings. Zacks / American Banking News
• Positive Sentiment: Coverage highlights IBM’s push into enterprise AI (watsonx and new platform offerings), which investors view as a multi-year growth driver for software and services revenue. What International Business Machines (IBM)’s New Enterprise AI Platform Push Means For Shareholders
• Positive Sentiment: New collaborations — including an agentic AI tie-up with e& and watsonx digital experiences for the Grammys — reinforce IBM’s enterprise AI positioning and cross-industry go-to-market momentum. Zacks: Agentic AI Collaboration With e&
• Positive Sentiment: Investor narrative is shifting to “AI growth machine” as several analysts and commentators highlight faster AI-driven revenue mix and longer-term upside potential. Seeking Alpha: IBM Was ‘Boring’ – It’s Now An AI Growth Machine
• Neutral Sentiment: IBM is entering earnings week (report expected Jan. 28) with high expectations around Z17 mainframe sales, AI momentum and guidance clarity — a catalyst that could swing the stock either direction depending on execution and guidance. Barchart: Mark Your Calendars for January 28
• Neutral Sentiment: CEO Arvind Krishna discussed geopolitics, AI strategy and absorbing tariffs (not passing costs to clients), which speaks to pricing strategy and client retention but is not an immediate earnings surprise. YouTube: IBM CEO Arvind Krishna Interview
• Negative Sentiment: Despite analyst optimism, the stock has shown recent volatility and intraday slides, which some outlets flag as a warning that momentum can reverse quickly if earnings or guidance disappoint. IBM Stock Slides Even as Analysts Raise Targets Ahead of Earnings
• Negative Sentiment: Valuation and competition remain watchpoints — analysts note a premium multiple vs. peers and execution risk as IBM transitions its revenue mix to AI and cloud. Zacks: Q4 Earnings Loom

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.