Recent Investment Analysts’ Ratings Updates for International Business Machines (IBM)

International Business Machines (NYSE: IBM) recently received a number of ratings updates from brokerages and research firms:

• 2/25/2026 – International Business Machines had its price target lowered by Morgan Stanley from $304.00 to $247.00. They now have an “equal weight” rating on the stock.
• 2/25/2026 – International Business Machines was upgraded by UBS Group AG from “sell” to “neutral”. They now have a $236.00 price target on the stock.
• 2/24/2026 – International Business Machines had its “outperform” rating reaffirmed by Wedbush. They now have a $340.00 price target on the stock.
• 2/23/2026 – International Business Machines had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
• 2/18/2026 – International Business Machines was downgraded by Erste Group Bank AG from “buy” to “hold”.
• 2/11/2026 – International Business Machines was upgraded by DZ Bank AG to “hold”.
• 1/30/2026 – International Business Machines was given a new $360.00 price target by Argus.
• 1/29/2026 – International Business Machines was given a new $361.00 price target by Royal Bank Of Canada.
• 1/29/2026 – International Business Machines was given a new $380.00 price target by Oppenheimer Holdings, Inc.. They now have an “outperform” rating on the stock.
• 1/29/2026 – International Business Machines had its price target raised by Stifel Nicolaus from $325.00 to $340.00. They now have a “buy” rating on the stock.
• 1/29/2026 – International Business Machines had its price target raised by Wedbush from $325.00 to $340.00. They now have an “outperform” rating on the stock.
• 1/29/2026 – International Business Machines had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $350.00 price target on the stock.
• 1/29/2026 – International Business Machines was given a new $317.00 price target by UBS Group AG.
• 1/29/2026 – International Business Machines had its price target raised by UBS Group AG from $210.00 to $236.00. They now have a “sell” rating on the stock.
• 1/29/2026 – International Business Machines was given a new $304.00 price target by Morgan Stanley.
• 1/29/2026 – International Business Machines had its price target raised by Jefferies Financial Group Inc. from $360.00 to $370.00. They now have a “buy” rating on the stock.
• 1/29/2026 – International Business Machines had its price target raised by JPMorgan Chase & Co. from $312.00 to $317.00. They now have a “neutral” rating on the stock.
• 1/29/2026 – International Business Machines had its price target raised by Evercore Inc from $330.00 to $345.00. They now have an “outperform” rating on the stock.
• 1/27/2026 – International Business Machines had its price target raised by Royal Bank Of Canada from $350.00 to $361.00. They now have an “outperform” rating on the stock.
• 1/22/2026 – International Business Machines had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 1/21/2026 – International Business Machines had its price target raised by JPMorgan Chase & Co. from $290.00 to $312.00. They now have a “neutral” rating on the stock.
• 1/20/2026 – International Business Machines had its price target raised by Evercore Inc from $315.00 to $330.00. They now have an “outperform” rating on the stock.
• 1/19/2026 – International Business Machines was upgraded by Dbs Bank from “hold” to “moderate buy”.
• 1/13/2026 – International Business Machines had its price target raised by Bank of America Corporation from $315.00 to $335.00. They now have a “buy” rating on the stock.
• 1/11/2026 – International Business Machines was downgraded by Wall Street Zen from “buy” to “hold”.
• 1/5/2026 – International Business Machines had its price target raised by Royal Bank Of Canada from $300.00 to $350.00. They now have an “outperform” rating on the stock.
• 1/5/2026 – International Business Machines was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $360.00 price target on the stock, up from $300.00.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th will be paid a $1.68 dividend. The ex-dividend date is Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.6%. International Business Machines’s payout ratio is presently 60.27%.

Insider Activity

In other news, Director Michael Miebach acquired 434 shares of International Business Machines stock in a transaction on Wednesday, February 25th. The stock was acquired at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the purchase, the director owned 434 shares in the company, valued at $101,265.22. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David N. Farr purchased 1,000 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were purchased at an average price of $304.00 per share, for a total transaction of $304,000.00. Following the acquisition, the director owned 9,258 shares of the company’s stock, valued at approximately $2,814,432. The trade was a 12.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 1,484 shares of company stock worth $417,157 over the last three months. 0.18% of the stock is currently owned by insiders.

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.