International Business Machines (NYSE:IBM – Get Free Report) had its target price cut by investment analysts at Royal Bank Of Canada from $330.00 to $300.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 31.85% from the company’s previous close.
Several other equities analysts have also commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of International Business Machines in a report on Tuesday, April 21st. BMO Capital Markets lowered their price objective on International Business Machines from $290.00 to $270.00 and set a “market perform” rating for the company in a research note on Thursday, April 23rd. HSBC raised International Business Machines from a “reduce” rating to a “hold” rating and increased their target price for the stock from $218.00 to $231.00 in a research report on Tuesday, April 28th. Stifel Nicolaus reduced their price target on shares of International Business Machines from $340.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, Jefferies Financial Group lowered their price target on shares of International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.41.
International Business Machines Stock Performance
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.10. The business had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.60 EPS. As a group, analysts expect that International Business Machines will post 12.38 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, Director Michael Miebach purchased 434 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was purchased at an average cost of $233.33 per share, with a total value 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.27% of the stock is owned by company insiders.
Institutional Trading of International Business Machines
Several institutional investors have recently modified their holdings of the company. Waverton Investment Management Ltd increased its holdings in shares of International Business Machines by 3.3% in the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock valued at $280,439,000 after purchasing an additional 32,072 shares during the period. Newbridge Financial Services Group Inc. increased its stake in International Business Machines by 30.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock valued at $3,887,000 after buying an additional 3,029 shares during the period. NEOS Investment Management LLC lifted its position in International Business Machines by 51.7% in the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock worth $32,278,000 after buying an additional 38,973 shares in the last quarter. Advisors Capital Management LLC boosted its position in International Business Machines by 3.8% during the third quarter. Advisors Capital Management LLC now owns 347,155 shares of the technology company’s stock valued at $97,953,000 after purchasing an additional 12,623 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its holdings in International Business Machines by 1.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 330,814 shares of the technology company’s stock worth $93,342,000 after purchasing an additional 6,235 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.
More International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM Consulting expanded its enterprise AI offerings (IBM Enterprise Advantage and internal platform updates) designed to accelerate hybrid-AI deployments for regulated and large-enterprise clients — a revenue-growth and services-margin story if adoption scales. IBM Consulting Expands AI Capabilities to Accelerate Enterprise Transformation
- Positive Sentiment: Think 2026 product launches (watsonx Orchestrate updates, IBM Sovereign Core, IBM Concert, real?time data integrations) position IBM as a vendor for enterprise AI operating models and digital sovereignty — useful for recurring software & platform revenue. Think 2026: IBM Delivers the Blueprint for the AI Operating Model as the AI Divide Widens
- Positive Sentiment: IBM and Aramco sign an intended collaboration to accelerate AI, agentic AI, automation and materials science in Saudi Arabia — a large industrial partnership that could drive consulting, cloud and edge work. IBM and Aramco Explore Collaboration to Accelerate AI and Innovation Across Saudi Arabia
- Positive Sentiment: Quantum milestone: IBM and partners simulated a 12,635-atom protein — a demonstration that strengthens IBM’s positioning in commercial quantum computing and potential future revenue streams from scientific customers. Cleveland Clinic, RIKEN, and IBM Model a 12,635-Atom Protein – the Largest Known to Be Simulated with Quantum Computers
- Positive Sentiment: HSBC upgraded IBM based on quantum business valuation upside, signaling some analysts expect meaningful long-term value from IBM’s quantum roadmap. HSBC Upgrades International Business Machines Corporation (IBM) on Quantum Business Valuation
- Neutral Sentiment: J.P. Morgan reiterated a Hold, balancing AI and quantum upside against ongoing execution risks — a reminder that adoption and margin recovery must prove out before upgrades follow. Hold Rating Reiterated on IBM as Analyst Balances AI and Quantum Upside Against Ongoing Execution Risks
- Neutral Sentiment: CEO Arvind Krishna urged a “Goldilocks” approach to AI regulation — pro-innovation but cautious on overreach; policy outcomes remain a variable for enterprise AI spending and vendor positioning. IBM CEO Arvind Krishna warns Washington must find ‘Goldilocks’ middle ground on AI regulation
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.
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