
IBM (IBM) Stock Forecast & Price Target
IBM (IBM) Analyst Ratings
Bulls say
IBM is poised for strong growth in its software portfolio, expected to expand at 10% or higher in constant currency, contributing to a projected revenue increase of 5.2% CAGR from 2024 to 2027. The company is leveraging its Red Hat offerings and hybrid cloud strategies, with Red Hat achieving a notable 12% growth in constant currency, bolstering expectations for sustained double-digit growth rates. Additionally, the anticipated growth in Infrastructure-as-a-Service (IaaS) at a 25% CAGR underscores IBM's positive momentum, alongside improvements in consulting and expanding profit margins, positioning the company favorably within its industry.
Bears say
IBM faces a challenging outlook due to the potential for multiple compression if investor sentiment declines or if IT spending significantly falters, particularly under the weight of current macroeconomic pressures. Currency fluctuations are expected to apply further strain, reducing IBM's projected revenue growth rate by approximately 2% for 2025, compounded by the scrutiny surrounding IT expenditures amid high global interest rates. Additionally, competition from new entrants, customer attrition, and the company's struggles to innovate and meet evolving market demands could hinder growth and further impact revenue projections.
This aggregate rating is based on analysts' research of IBM and is not a guaranteed prediction by Public.com or investment advice.
IBM (IBM) Analyst Forecast & Price Prediction
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