International Business Machines (NYSE:IBM) Price Target Cut to $300.00 by Analysts at Royal Bank Of Canada

International Business Machines (NYSE:IBM) had its target price trimmed by Royal Bank Of Canada from $330.00 to $300.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the technology company’s stock.

IBM has been the topic of a number of other reports. Dbs Bank upgraded International Business Machines from a “hold” rating to a “moderate buy” rating in a research report on Monday, January 19th. JPMorgan Chase & Co. reduced their price objective on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Citigroup began coverage on International Business Machines in a report on Friday, April 10th. They set a “buy” rating and a $285.00 target price on the stock. Jefferies Financial Group lowered their target price on International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Finally, DZ Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target on the stock in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $294.41.

International Business Machines Trading Down 1.4%

Shares of International Business Machines stock opened at $225.90 on Wednesday. International Business Machines has a 12-month low of $220.72 and a 12-month high of $324.90. The stock has a market capitalization of $212.32 billion, a P/E ratio of 19.97, a price-to-earnings-growth ratio of 2.37 and a beta of 0.58. The company has a 50-day simple moving average of $243.01 and a 200 day simple moving average of $278.18. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS 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 company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.60 earnings per share. Research analysts expect that International Business Machines will post 12.38 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be paid a $1.69 dividend. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend is Friday, May 8th. This represents a $6.76 annualized dividend and a dividend yield of 3.0%. International Business Machines’s payout ratio is 59.42%.

Insider Buying and Selling at International Business Machines

In other news, Director Michael Miebach purchased 434 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the purchase, the director directly owned 434 shares of the company’s stock, valued at $101,265.22. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.27% of the stock is currently owned by insiders.

Institutional Trading of International Business Machines

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Waverton Investment Management Ltd raised its stake in International Business Machines by 3.3% during the third quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock worth $280,439,000 after acquiring an additional 32,072 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its stake in shares of International Business Machines by 30.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock valued at $3,887,000 after purchasing an additional 3,029 shares in the last quarter. NEOS Investment Management LLC grew its holdings in shares of International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock valued at $32,278,000 after purchasing an additional 38,973 shares during the last quarter. Advisors Capital Management LLC increased its position in International Business Machines by 3.8% during the 3rd quarter. Advisors Capital Management LLC now owns 347,155 shares of the technology company’s stock worth $97,953,000 after purchasing an additional 12,623 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its position in International Business Machines by 1.9% during the 3rd quarter. Handelsbanken Fonder AB now owns 330,814 shares of the technology company’s stock worth $93,342,000 after purchasing an additional 6,235 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

Trending Headlines about International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM rolled out major enterprise AI and hybrid‑cloud capabilities at Think 2026 (watsonx Orchestrate updates, IBM Sovereign Core, Concert platform) that reinforce its enterprise AI roadmap and address digital sovereignty — a strategic positive for long‑term revenue growth. Think 2026: IBM Delivers the Blueprint
• Positive Sentiment: IBM is expanding consulting AI capabilities and productized assets (IBM Enterprise Advantage, Consulting Advantage) aimed at accelerating enterprise AI deployments — supports services revenue potential. IBM Consulting Expands AI Capabilities
• Positive Sentiment: High‑profile partnerships and technical milestones bolster credibility: collaboration talks with Saudi Aramco on AI/industrial use cases and a major quantum simulation with Cleveland Clinic demonstrate commercial and scientific traction. IBM and Aramco Explore Collaboration Cleveland Clinic Quantum Milestone
• Neutral Sentiment: Analysts remain mixed: Wedbush reaffirmed an “outperform” with a $320 PT (supportive), while J.P. Morgan reiterated a Hold — the divergence keeps sentiment mixed and can limit strong, broad momentum. Wedbush Outperform J.P. Morgan Hold
• Negative Sentiment: Royal Bank of Canada lowered its price target from $330 to $300 (still “outperform”) — a downward revision that can sap upside expectations and trigger selling. RBC Lowers PT TickerReport
• Negative Sentiment: Services‑market worry from Kyndryl: the spun‑out IBM services peer announced job cuts and a forecast below estimates — signals potential demand or execution pressure in large managed services deals that could weigh on IBM Consulting near term. Kyndryl Plans Job Cuts

International Business Machines Company Profile

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.