International Business Machines (NYSE:IBM) Coverage Initiated by Analysts at Susquehanna

Research analysts at Susquehanna started coverage on shares of International Business Machines (NYSE:IBM) in a research note issued to investors on Friday,Benzinga reports. The firm set a “neutral” rating and a $303.00 price target on the technology company’s stock. Susquehanna’s target price suggests a potential upside of 2.79% from the company’s current price.

IBM has been the subject of several other research reports. JPMorgan Chase & Co. raised shares of International Business Machines from a “neutral” rating to an “overweight” rating and raised their price target for the company from $270.00 to $291.00 in a research report on Tuesday, June 23rd. Jefferies Financial Group assumed coverage on International Business Machines in a research report on Tuesday, June 23rd. They set a “buy” rating on the stock. Wall Street Zen upgraded International Business Machines from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Royal Bank Of Canada reiterated an “outperform” rating on shares of International Business Machines in a report on Tuesday, June 23rd. Finally, DZ Bank raised International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 target price for the company in a research note on Friday, April 24th. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $306.28.

International Business Machines Stock Down 2.4%

Shares of NYSE:IBM opened at $294.79 on Friday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. The firm has a market capitalization of $277.07 billion, a PE ratio of 26.06, a price-to-earnings-growth ratio of 2.92 and a beta of 0.68. The firm’s 50-day moving average is $262.55 and its two-hundred day moving average is $266.02. International Business Machines has a 1 year low of $212.34 and a 1 year high of $332.46.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. The business 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 for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.60 earnings per share. Analysts predict that International Business Machines will post 12.45 EPS for the current year.

Hedge Funds Weigh In On International Business Machines

Large investors have recently bought and sold shares of the business. Basepoint Wealth LLC purchased a new stake in International Business Machines during the 4th quarter worth about $25,000. Family CFO Inc purchased a new position in shares of International Business Machines in the 4th quarter valued at about $25,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines during the 4th quarter worth about $28,000. Cornerstone Financial Management LLC acquired a new stake in shares of International Business Machines during the 4th quarter worth about $28,000. Finally, SWAN Capital LLC purchased a new stake in International Business Machines during the third quarter worth approximately $28,000. Hedge funds and other institutional investors 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: IBM and Red Hat commercially launched Project Lightwell, turning its open-source security initiative into a real product with pricing and an initial enterprise customer. That suggests IBM is monetizing its cybersecurity efforts rather than just talking about them, which could support future software and services revenue. IBM just answered a $5 billion cybersecurity question
• Positive Sentiment: IBM also announced major upgrades to its Bob AI software-development platform, adding multi-agent capabilities and modernization workflows for IBM Z, IBM i, and Java. This reinforces IBM’s push into enterprise AI and mainframe modernization, two areas that can deepen customer stickiness. IBM Advances Enterprise AI Software Development with Multi-Agent Capabilities and Specialized Modernization Workflows
• Positive Sentiment: IBM’s quantum and infrastructure initiatives, including work tied to fusion-energy modeling and new enterprise systems, help reinforce the company’s reputation as an innovation leader and could support long-term sentiment. IBM’s Quantum Breakthrough Sends Massive Clean Energy Signal
• Neutral Sentiment: IBM has scheduled its second-quarter 2026 earnings release for July 22. Investors are likely waiting for management to show whether recent AI and hybrid-cloud investments are translating into stronger revenue growth and margins. IBM to Announce Second-Quarter 2026 Financial Results
• Negative Sentiment: Reports that Starbucks is building internal AI tools to replace software from IBM and Microsoft are a near-term headwind for IBM sentiment, because they raise concerns that large enterprise customers may try to cut software spending and reduce vendor dependence. Starbucks Bets on AI to Replace Microsoft and IBM Software
• Negative Sentiment: Separate market coverage said IBM shares slipped despite the recent quantum-computing buzz and AI platform updates, indicating investors may be focusing more on competitive risk and the upcoming earnings report than on the product announcements alone. International Business Machines (IBM) Stock Drops 1.3% Despite Quantum Computing Buzz

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.