Is IBM stock a buy sell or hold? (2024)

Is IBM stock a buy sell or hold?

Is IBM stock a Buy, Sell or Hold? IBM stock has received a consensus rating of buy. The average rating score is A3 and is based on 31 buy ratings, 14 hold ratings, and 0 sell ratings.

Is IBM stock expected to go up?

On average, Wall Street analysts predict that IBM's share price could reach $185.44 by Apr 17, 2025. The average IBM stock price prediction forecasts a potential upside of 1.28% from the current IBM share price of $183.10.

What is IBM target price?

Stock Price Targets
High$224.00
Median$190.00
Low$125.00
Average$188.34
Current Price$183.75

What is the long term outlook for IBM?

IBM's revenue rose 6% in 2022 and 2% in 2023, and analysts expect 3% growth in 2024. Its adjusted EPS grew 15% in 2022 and 5% in 2023, and is expected to rise 5% in 2024. Those growth rates indicate IBM's turnaround strategies are paying off and turning it into a reliable blue-chip tech stock again.

What is the highest price of IBM stock ever?

IBM - 62 Year Stock Price History | IBM
  • The all-time high IBM stock closing price was 197.78 on March 12, 2024.
  • The IBM 52-week high stock price is 199.18, which is 8.8% above the current share price.
  • The IBM 52-week low stock price is 120.55, which is 34.2% below the current share price.

What is the prediction for IBM in the next 5 years?

An analysis of the business dynamic and trends currently in place suggests IBM's future looks bright. The analyst community believes IBM's annual top line will swell to just under $78 billion by 2028 versus last year's $61.9 billion. Per-share profits are expected to grow from last year's $8.14 to $13.10 in 2027.

What is the prediction for IBM in 2024?

2024 is $183.07. 2024 Forecast: Price Range: Slightly bullish trend, with Gov Capital predicting around $255.89 by year-end. Market Trends: Steady growth with some fluctuations, driven by market dynamics and IBM's strategic initiatives.

Is IBM a good buy today?

Is IBM stock a Buy, Sell or Hold? IBM stock has received a consensus rating of buy. The average rating score is A3 and is based on 31 buy ratings, 14 hold ratings, and 0 sell ratings.

Who owns the most shares of IBM?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Bank Of America Corp /de/, Morgan Stanley, Spdr S&p 500 Etf Trust, and FXAIX - Fidelity 500 ...

How often does IBM pay dividends?

IBM's dividends are normally paid on the 10th of March, June, September and December. The dividend record date normally precedes the dividend payment date by approximately one month.

Should I invest in IBM stock?

The AI market is expected to reach $305.9 billion this year, up from $241.8 billion in 2023, and is forecasted to grow to $738.8 billion by 2030. This serves as a multiyear tailwind for Big Blue. All of these factors combine to make IBM stock an attractive long-term investment.

Can IBM make a comeback?

Arvind Krishna, IBM chairman and chief executive, said he expects a revenue growth in the mid-single digits for 2024, as well as generating $12 billion in free cash flow.

Is IBM financially stable?

IBM is one of a handful of stocks that have increased their value in each of the last 3 years, but that still wasn't enough for it to consistently beat the market. Returns for the stock were 6% in 2021, 5% in 2022, and 16% in 2023.

Has IBM stock ever split?

IBM stock (symbol: IBM) underwent a total of 5 stock splits. The most recent stock split occured on November 4th, 2021.

How much was IBM worth in 1984?

The closing price for International Business Machines (IBM) in 1984 was $10.58, on December 31, 1984. It was up 4.2% for the year. The latest price is $188.90.

What was IBM stock worth in 2000?

DATEOPENCLOSE
December 29 2000$45.55$44.54
December 28 2000$43.75$44.67
December 27 2000$44.41$44.38
December 26 2000$46.64$44.44
24 more rows

What will IBM stock be worth in 2025?

IBM stock price stood at $183.75
YearMid-YearYear-End
2025$240$242
2026$268$284
2027$286$299
2028$305$325
8 more rows

What is the target price for IBM stock in 2025?

According to our International Business Machines stock prediction for 2025, IBM stock will be priced at $ 190.39 in 2025. This forecast is based on the stock's average growth over the past 10 years.

Is Nvidia still a buy?

Nvidia stock is not a buy right now. However, if the stock climbs above its flat base, it would be a buy. A stronger rebound from the 10-week line also would put Nvidia in a buy zone.

How high is Apple stock expected to go?

The average price target for Apple is $201.03. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $250.00 ,the lowest forecast is $158.00. The average price target represents 16.30% Increase from the current price of $172.86.

What will AMD stock be worth in 2030?

Long-Term Advanced Micro Devices Stock Price Predictions
YearPredictionChange
2027$ 745.20355.89%
2028$ 1,235.65655.93%
2029$ 2,048.881,153.44%
2030$ 3,397.331,978.38%
2 more rows

Where will Amazon stock be in 2025?

Long-Term Amazon Stock Price Predictions
YearPredictionChange
2025$ 235.4828.45%
2026$ 302.4764.99%
2027$ 388.52111.94%
2028$ 499.06172.23%
2 more rows

Will IBM increase its dividend in 2024?

ARMONK, N.Y., Jan. 30, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.66 per common share, payable March 9, 2024 to stockholders of record February 9, 2024.

Why is IBM stock dropping?

IBM's earnings growth has slowed sharply over the last handful of years. IBM saw its earnings per share growth rate decline 63.15% from 2021 to 2022. The company is really going to need to start turning things around before shareholders can simply ignore its lackluster earnings performance over the 2021-2022 period.

What is the IBM stock scandal?

The April 2022 securities fraud lawsuit filed against IBM claimed the company's decision to tie CAMSS revenue to bonuses led executives and similarly incentivized employees to misclassify revenue from various products as CAMSS sales, fraudulently, in an effort to enhance their compensation.

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