International Business Machines (NYSE:IBM) Shares Up 2.1% After Analyst Upgrade

International Business Machines Corporation (NYSE:IBM) rose 2.1% on Wednesday after JPMorgan Chase & Co. raised their price target on the stock from $290.00 to $312.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. International Business Machines traded as high as $297.67 and last traded at $297.5090. Approximately 5,157,603 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 4,433,935 shares. The stock had previously closed at $291.35.

Several other research firms have also commented on IBM. Bank of America increased their target price on shares of International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Dbs Bank upgraded International Business Machines from a “hold” rating to a “moderate buy” rating in a research report on Monday. Jefferies Financial Group upgraded International Business Machines from a “hold” rating to a “buy” rating and lifted their target price for the stock from $300.00 to $360.00 in a report on Monday, January 5th. Wall Street Zen lowered International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. Finally, Weiss Ratings raised shares of International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $306.86.

More International Business Machines News

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

Hedge Funds Weigh In On International Business Machines

A number of hedge funds have recently modified their holdings of the stock. Family CFO Inc acquired a new stake in shares of International Business Machines during the 2nd quarter valued at about $25,000. Winnow Wealth LLC bought a new position in International Business Machines during the second quarter valued at approximately $27,000. Mountain Hill Investment Partners Corp. acquired a new stake in International Business Machines in the third quarter valued at approximately $28,000. SWAN Capital LLC bought a new stake in International Business Machines in the third quarter worth approximately $28,000. Finally, Highline Wealth Partners LLC increased its stake in shares of International Business Machines by 85.0% during the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock worth $33,000 after purchasing an additional 51 shares during the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines Stock Up 2.1%

The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The business’s fifty day moving average price is $302.58 and its two-hundred day moving average price is $282.60. The firm has a market cap of $278.09 billion, a P/E ratio of 35.59, a P/E/G ratio of 2.82 and a beta of 0.70.

International Business Machines (NYSE:IBM) last posted 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. 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 prior year, the business posted $2.30 earnings per share. The business’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, equities research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current year.

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.