Recent Research Analysts’ Ratings Changes for International Business Machines (IBM)

Several analysts have recently updated their ratings and price targets for International Business Machines (NYSE: IBM):

• 9/12/2026 – International Business Machines was downgraded by Wall Street Zen from “hold” to “sell”.
• 9/11/2026 – International Business Machines was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 8/31/2026 – International Business Machines had its price target raised by Susquehanna from $225.00 to $235.00. They now have a “neutral” rating on the stock.
• 8/29/2026 – International Business Machines was upgraded by Wall Street Zen from “sell” to “hold”.
• 8/19/2026 – International Business Machines is now covered by Craig Hallum. They set a “buy” rating on the stock.
• 7/24/2026 – International Business Machines had its price target lowered by Susquehanna from $303.00 to $225.00. They now have a “neutral” rating on the stock.
• 7/24/2026 – International Business Machines had its price target lowered by Citigroup Inc. from $255.00 to $245.00. They now have a “buy” rating on the stock.
• 7/23/2026 – International Business Machines had its price target lowered by BMO Capital Markets from $270.00 to $230.00. They now have a “market perform” rating on the stock.
• 7/23/2026 – International Business Machines was given a new $270.00 price target by The Goldman Sachs Group, Inc..
• 7/23/2026 – International Business Machines had its price target lowered by Morgan Stanley from $293.00 to $190.00. They now have an “equal weight” rating on the stock.
• 7/23/2026 – International Business Machines had its price target lowered by Barclays PLC from $288.00 to $262.00. They now have an “overweight” rating on the stock.
• 7/21/2026 – International Business Machines is now covered by Robert W. Baird. They set a “neutral” rating and a $230.00 price target on the stock.
• 7/21/2026 – International Business Machines had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $270.00 price target on the stock.
• 7/21/2026 – International Business Machines had its price target lowered by Barclays PLC from $350.00 to $288.00. They now have an “overweight” rating on the stock.
• 7/21/2026 – International Business Machines had its price target lowered by Jefferies Financial Group Inc. from $320.00 to $260.00. They now have a “buy” rating on the stock.
• 7/21/2026 – International Business Machines was upgraded by Robert W. Baird to “hold”.
• 7/20/2026 – International Business Machines had its price target lowered by Stifel Nicolaus from $290.00 to $235.00. They now have a “buy” rating on the stock.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were paid a $1.69 dividend. The ex-dividend date was Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.8%. International Business Machines’s payout ratio is 59.98%.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. This trade represents a 34.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.27% of the stock is currently owned by corporate insiders.

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.