International Business Machines Corporation
IBMPrice Projections & Market Scenarios
End of 2026 Target
Projected closing price (Bubble Scenario)
Yearly Price Targets (2025-2030)
| Year | Forecast Price | Growth vs Today |
|---|---|---|
| 2026 | $207.80 | -15% |
| 2027 | $145.97 | -40% |
| 2028 | $154.73 | -36% |
| 2029 | $170.20 | -30% |
| 2030 | $184.82 | -24% |
| 2031 | $200.00 | -18% |
Risk Analysis (Bubble)
The "AI Bubble" model assumes an unsustainable price acceleration through 2026, driven by retail hype, followed by a sharp correction in 2027 as revenue fails to match Capex.
AnalysisLive
IBM’s latest publicly available analyst consensus in the gathered results shows a Moderate Buy stance with an average 12-month target of $265.90, while another compilation cites a buy consensus around $245.35 and a single-firm target of $270, indicating modest upside from the current $243.29 level123. IBM also lowered its 2026 constant-currency revenue growth outlook to 4%-5% from above 5%, which supports a tempered medium-term view even though third-party growth estimates still point to roughly mid-single-digit annual revenue and earnings expansion45.
Key Insights
- •Consensus analyst targets cluster in the mid-$240s to mid-$260s, implying limited near-term upside from $243.29123.
- •IBM’s 2026 guidance was cut to 4%-5% constant-currency revenue growth, signaling some execution risk despite continued AI and hybrid-cloud demand4.
- •Longer-run third-party estimates still project about 4%-5% annual revenue growth and about 5%-6% earnings growth, supporting a steady but not explosive linear case5.