Morgan Stanley Issues Positive Forecast for International Business Machines (NYSE:IBM) Stock Price

Posted by Francis Steltz on Jul 14th, 2026

International Business Machines (NYSE:IBM – Get Free Report) had its target price raised by Morgan Stanley from $267.00 to $293.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the technology company’s stock. Morgan Stanley’s price target indicates a potential upside of 0.88% from the stock’s current price.

Several other equities analysts have also recently weighed in on the stock. HSBC cut shares of International Business Machines from a “hold” rating to a “reduce” rating in a research report on Tuesday. Needham & Company LLC started coverage on International Business Machines in a report on Wednesday, June 3rd. They set a “buy” rating for the company. Bank of America increased their price objective on International Business Machines from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Piper Sandler raised International Business Machines to an “overweight” rating in a research report on Tuesday, June 23rd. Finally, Oppenheimer decreased their price target on International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Fifteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $307.72.

Check Out Our Latest Stock Analysis on IBM

International Business Machines Stock Performance

Shares of IBM stock opened at $290.46 on Tuesday. The firm has a market capitalization of $273.00 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 2.78 and a beta of 0.68. The firm has a fifty day simple moving average of $264.95 and a two-hundred day simple moving average of $265.82. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. International Business Machines has a 12 month low of $212.34 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM – Get Free Report) last released 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 firm had revenue of $15.92 billion for 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 quarterly revenue was up 9.5% compared to the same quarter last year. During the same period last year, the firm earned $1.60 earnings per share. Analysts forecast that International Business Machines will post 12.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of International Business Machines by 12.4% in the 4th quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after buying an additional 2,323 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in International Business Machines by 10.6% during the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock worth $571,000 after buying an additional 186 shares during the last quarter. Jump Financial LLC bought a new stake in International Business Machines in the second quarter worth about $211,000. Ieq Capital LLC raised its position in International Business Machines by 2.2% in the second quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock worth $11,383,000 after acquiring an additional 843 shares during the period. Finally, Vivaldi Capital Management LP boosted its stake in International Business Machines by 11.6% in the second quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock valued at $300,000 after acquiring an additional 106 shares during the last quarter. 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 released Arvind Krishna’s letter to investors alongside selected preliminary second-quarter 2026 financial results, giving the market an early look at performance ahead of the full earnings report. Arvind Krishna’s Letter to IBM Investors
Positive Sentiment: Several articles highlighted IBM as attractively valued, with Jim Cramer calling the stock inexpensive and praising CEO Arvind Krishna’s execution, which may reinforce investor confidence. Jim Cramer Says Buy IBM Right Now
Positive Sentiment: Coverage around IBM’s AI and quantum initiatives, including updates to its Bob AI platform and attention on quantum tech at a Capitol Hill showcase, suggests the market is watching for long-term growth catalysts. IBM Just Unveiled Major Updates to Its Bob AI Platform
Positive Sentiment: IBM was also featured in commentary about dividend growth and total-return potential, which can appeal to income-focused investors during volatile markets. 3 Dividend Stocks with Growth on Tap for the Second Half
Neutral Sentiment: Some articles were more mixed, with one comparison piece saying HubSpot has a stronger AI growth profile and a lower valuation than IBM, which could temper enthusiasm somewhat. HubSpot vs. IBM
Negative Sentiment: One report noted IBM shares had been down recently, and another asked whether IBM can stay steady through an “AI reset,” suggesting some lingering skepticism about the pace of the company’s re-rating. International Business Machines Shares Down 2.5% – What’s Next?

About International Business Machines

(Get Free Report)

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.