International Business Machines (NYSE:IBM) Raised to Strong-Buy at Barclays

Posted by Ethan Ryder on Jun 3rd, 2026

International Business Machines (NYSE:IBM – Get Free Report) was upgraded by equities research analysts at Barclays to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other research firms also recently issued reports on IBM. BMO Capital Markets dropped their price objective on shares of International Business Machines from $290.00 to $270.00 and set a “market perform” rating on the stock in a report on Thursday, April 23rd. Wedbush set a $350.00 price objective on shares of International Business Machines in a report on Tuesday. Morgan Stanley boosted their price objective on shares of International Business Machines from $215.00 to $225.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. UBS Group upgraded shares of International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 price objective on the stock in a report on Wednesday, February 25th. Finally, DZ Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective on the stock in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $299.17.

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International Business Machines Stock Up 2.9%

International Business Machines stock opened at $329.72 on Monday. The firm has a market cap of $309.90 billion, a price-to-earnings ratio of 29.15, a P/E/G ratio of 3.32 and a beta of 0.67. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. International Business Machines has a fifty-two week low of $212.34 and a fifty-two week high of $332.46. The firm has a fifty day moving average price of $241.55 and a two-hundred day moving average price of $270.75.

International Business Machines (NYSE:IBM – Get Free Report) last released its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The firm had revenue of $15.92 billion during the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The business’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.60 EPS. As a group, analysts forecast that International Business Machines will post 12.4 earnings per share for the current year.

Institutional Trading of International Business Machines

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBM. Family CFO Inc bought a new stake in International Business Machines in the fourth quarter valued at about $25,000. Basepoint Wealth LLC bought a new stake in International Business Machines in the fourth quarter valued at about $25,000. Portus Wealth Advisors LLC bought a new stake in International Business Machines in the first quarter valued at about $26,000. Joseph Group Capital Management bought a new stake in International Business Machines in the fourth quarter valued at about $28,000. Finally, Cornerstone Financial Management LLC bought a new stake in International Business Machines in the fourth quarter valued at about $28,000. Institutional investors own 58.96% of the company’s stock.

Trending Headlines about International Business Machines

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

Positive Sentiment: Barclays upgraded IBM to strong-buy, reinforcing bullish analyst sentiment and suggesting further upside potential. Zacks.com
Positive Sentiment: IBM’s announced $10 billion quantum computing investment is fueling investor confidence in its long-term growth strategy and leadership in the sector. IBM Commits More Than $10 Billion to Quantum Computing
Positive Sentiment: Comments from IBM’s CEO on quantum computing, along with broader excitement around the “quantum trade,” are keeping momentum strong in the shares. IBM CEO sends strong message on quantum computing
Neutral Sentiment: Some articles question whether IBM’s recent rally has pushed the stock too far, with valuation concerns starting to emerge after the sharp run-up. Is It Too Late To Consider IBM (IBM) After Its Recent Share Price Surge?
Negative Sentiment: Analysts flagged overvaluation risk even as IBM’s stock surged, which could limit upside if expectations become too stretched. IBM Stock Surges on Trump Video, $10B Quantum Bet: Analysts Flag Overvaluation Risk

About International Business Machines

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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.