IBM, US4592001014

IBM stock: Morgan Stanley raised target to USD 238.00

Published on 10/21/2026 at 17:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IBM consensus revenue is USD 16.84 billion in third-quarter 2026. IBM stock costs EUR 218.00 on October 21, 2026, unchanged versus Xetra close.

Analyst target and reporting date

Morgan Stanley raised its IBM target from USD 190.00 to USD 238.00 on October 15, 2026.
IBM consensus revenue is USD 16.84 billion for third-quarter 2026, according to an October 21, 2026 report.
IBM stock costs EUR 218.00 at Lang & Schwarz on October 21, 2026 at 5:44 p.m. CEST, unchanged versus the Xetra close of October 21, 2026.

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IBM (ISIN US4592001014) faces a higher analyst bar after Morgan Stanley raised its price target from USD 190.00 to USD 238.00 on October 15, 2026, while maintaining an Equal-Weight rating, as Benzinga reported. The new target lies 2.66 percent below IBM's USD 244.51 price on the NYSE at 11:47 a.m. ET on October 21, 2026. IBM was trading at EUR 218.00 at Lang & Schwarz on October 21, 2026 at 5:44 p.m. CEST, unchanged versus the Xetra close of October 21, 2026 at EUR 218.00.

Target rises before results

Morgan Stanley's move is the central valuation signal ahead of IBM's third-quarter report. The bank lifted the target by USD 48.00, or 25.26 percent, from USD 190.00 to USD 238.00 and kept its Equal-Weight view, according to Benzinga on October 21, 2026.

Truist Securities initiated coverage with a Hold rating and a USD 240.00 target on October 9, 2026, according to Benzinga. That target is 1.84 percent below IBM's USD 244.51 NYSE price, leaving both cited targets below the intraday level.

Price position and valuation

IBM's USD 199.19 to USD 332.46 52-week range puts the stock 22.75 percent above its low and 26.46 percent below its high, based on the October 21, 2026 quote. The same quote places IBM's market capitalization at USD 230.4 billion, its price-to-earnings ratio at 21.64 and trading volume at 1,836,041 shares.

The euro quotation is a separate German-market perspective. At EUR 218.00, IBM's Lang & Schwarz price matched the October 21 Xetra close, leaving the daily reading unchanged after the Xetra session.

What does the earnings date add?

IBM will discuss its third-quarter 2026 financial results on October 21, 2026 at 5:00 p.m. ET. The date and call time were announced by IBM on October 7, 2026, in a release carried on its newsroom page: IBM.

For the quarter, Benzinga cited consensus revenue of USD 16.84 billion and earnings of USD 2.87 per share, compared with USD 16.33 billion and USD 2.65 per share in the year-ago period. Those estimates imply revenue growth of 3.13 percent and earnings-per-share growth of 8.30 percent, giving the scheduled report a concrete benchmark.

IBM stock stays level in euros

The unchanged EUR 218.00 reading against the October 21 Xetra close contrasts with the USD 244.51 NYSE quote recorded earlier in the US session. The analyst targets and the consensus figures provide the principal numerical tests for the report.

The further course of trading is shown by the continuously updated real-time quote of IBM stock.