International Business Machines Corporation (NYSE:IBM) will release earnings for its first quarter after the closing bell on Wednesday, April 22.
Analysts expect the Armonk, New York-based company to report quarterly earnings of $1.81 per share, up from $1.60 per share in the year-ago period. The consensus estimate for IBM’s quarterly revenue is $15.64 billion (it reported $14.54 billion last year), according to Benzinga Pro.
The company beat analyst estimates for revenue in five straight quarters and in eight of the last 10 quarters overall.
IBM shares gained 0.8% to close at $255.68 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Jefferies analyst Brent Thill maintained a Buy rating and cut the price target from $370 to $320 on April 20, 2026. This analyst has an accuracy rate of 71%.
- Wedbush analyst Daniel Ives maintained an Outperform rating with a price target of $340 on April 17, 2026. This analyst has an accuracy rate of 76%.
- Stifel analyst David Grossman maintained a Buy rating and cut the price target from $340 to $290 on April 8, 2026. This analyst has an accuracy rate of 57%.
- BMO Capital analyst Keith Bachman maintained a Market Perform rating and slashed the price target from $350 to $290 on March 19, 2026. This analyst has an accuracy rate of 70%.
- JP Morgan analyst Brian Essex maintained a Neutral rating and cut the price target from $317 to $283 on March 18, 2026. This analyst has an accuracy rate of 55%.
Considering buying IBM stock? Here’s what analysts think:
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