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

International Business Machines (NYSE: IBM) recently received a number of ratings updates from brokerages and research firms:

• 7/15/2026 – International Business Machines was downgraded by Oppenheimer Holdings, Inc. from “outperform” to “market perform”.
• 7/14/2026 – International Business Machines was downgraded by HSBC Holdings plc from “hold” to “reduce”. They now have a $191.00 price target on the stock, down from $231.00.
• 7/14/2026 – International Business Machines had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $350.00 price target on the stock, up from $320.00.
• 7/14/2026 – International Business Machines had its price target raised by Morgan Stanley from $267.00 to $293.00. They now have an “equal weight” rating on the stock.
• 7/10/2026 – International Business Machines is now covered by Susquehanna. They set a “neutral” rating and a $303.00 price target on the stock.
• 7/6/2026 – International Business Machines had its price target raised by Bank of America Corporation from $315.00 to $330.00. They now have a “buy” rating on the stock.
• 6/24/2026 – International Business Machines was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 6/23/2026 – International Business Machines is now covered by Jefferies Financial Group Inc.. They set a “buy” rating on the stock.
• 6/23/2026 – International Business Machines was upgraded by Morgan Stanley from “equal weight” to “overweight”.
• 6/23/2026 – International Business Machines was downgraded by Wolfe Research to “peer perform”.
• 6/23/2026 – International Business Machines was upgraded by Piper Sandler to “overweight”.
• 6/23/2026 – International Business Machines was downgraded by KeyCorp to “sector weight”.
• 6/23/2026 – International Business Machines is now covered by Susquehanna. They set a “neutral” rating on the stock.
• 6/23/2026 – International Business Machines had its “outperform” rating reaffirmed by Royal Bank Of Canada.
• 6/23/2026 – International Business Machines had its price target raised by Morgan Stanley from $225.00 to $267.00. They now have an “equal weight” rating on the stock.
• 6/23/2026 – International Business Machines was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”. They now have a $291.00 price target on the stock, up from $270.00.
• 6/21/2026 – International Business Machines was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/13/2026 – International Business Machines was downgraded by Wall Street Zen from “hold” to “sell”.
• 6/9/2026 – International Business Machines was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 6/3/2026 – International Business Machines is now covered by Needham & Company LLC. They set a “buy” rating on the stock.
• 6/3/2026 – International Business Machines had its “buy” rating reaffirmed by Roth Capital.
• 6/2/2026 – International Business Machines had its price target raised by Citigroup Inc. from $285.00 to $375.00. They now have a “buy” rating on the stock.
• 6/2/2026 – International Business Machines was given a new $350.00 price target by Wedbush.
• 6/1/2026 – International Business Machines is now covered by Barclays PLC. They set an “overweight” rating and a $350.00 price target on the stock.
• 6/1/2026 – International Business Machines is now covered by Barclays PLC. They set an “overweight” rating and a $350.00 price target on the stock.
• 5/29/2026 – International Business Machines had its “outperform” rating reaffirmed by Wedbush. They now have a $320.00 price target on the stock.
• 5/28/2026 – International Business Machines had its “outperform” rating reaffirmed by Royal Bank Of Canada.
• 5/22/2026 – International Business Machines was given a new $290.00 price target by Stifel Nicolaus.
• 5/21/2026 – International Business Machines was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 5/21/2026 – International Business Machines had its “outperform” rating reaffirmed by Wedbush.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were given a $1.69 dividend. The ex-dividend date was Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a dividend yield of 3.2%. International Business Machines’s dividend payout ratio (DPR) is currently 59.77%.

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.