IBM, US4592001014

IBM stock: Morgan Stanley raises target for IBM stock from USD 190.00 to USD 238.00

Published on 10/16/2026 at 17:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IBM will discuss third-quarter results on October 21, 2026. IBM stock costs EUR 206.30 on October 16, 2026, 0.79 percent below the Xetra close.

Analyst target and results date

On October 15, 2026, Morgan Stanley raised IBM's target from USD 190.00 to USD 238.00.
IBM will discuss third-quarter results on October 21, 2026.
IBM stock costs EUR 206.30 at Lang & Schwarz on October 16, 2026 at 5:05 p.m. CEST, 0.79 percent below the Xetra close of October 15, 2026.
IBM's market capitalization was USD 218.0 billion on October 16, 2026.

Architectural exterior photograph of a modern corporate research campus, a curved multi-story glass and steel building with a dramatic angular glass atrium entrance, reflected in a long still water feature surrounded by manicured lawns and ornamental plan — IBM Forschungszentrum modernes Glasgebäude mit ikonischer Fassade und großem Wasserbecken neutral US4592001014, Illustration mit AI erstellt.

Morgan Stanley raised its IBM price target from USD 190.00 to USD 238.00 while maintaining an Equal Weight rating in a note issued on October 15, 2026, as reported by MarketBeat. The new target is 2.86 percent above IBM's USD 231.38 NYSE price. IBM stock was trading at EUR 206.30 at Lang & Schwarz on October 16, 2026 at 5:05 p.m. CEST, 0.79 percent below the Xetra close of October 15, 2026 at EUR 207.95.

Results date is October 21

IBM will discuss its third-quarter 2026 financial results on October 21, 2026 at 5:00 p.m. ET, according to the company's release dated October 7, 2026, published by IBM. The date gives investors the next scheduled checkpoint for revenue growth, cash generation and the performance of the company's software business.

Second-quarter revenue reached USD 17.16 billion

IBM reported USD 17.16 billion in second-quarter 2026 revenue, up 1.10 percent from the year-earlier quarter, while adjusted earnings per share matched a USD 2.93 consensus estimate, according to MarketBeat. Revenue was below the USD 17.46 billion estimate for that quarter, making the October report important for judging whether IBM can accelerate growth.

Stock remains below its yearly high

On the NYSE, IBM was trading at USD 231.38 on October 16, 2026 at 11:13 a.m. ET. Its 52-week range was USD 199.19 to USD 332.46, leaving the stock 30.41 percent below the high. Market capitalization stood at USD 218.0 billion, with a price-to-earnings ratio of 20.47.

Comparison with peers

IBM: minus 0.79 percent, P/E 20.47, market capitalization USD 218.0 billion.

Oracle (NYSE, USD): minus 3.66 percent, P/E 20.23, market capitalization USD 391.7 billion.

Accenture (NYSE, USD): plus 0.98 percent, P/E 16.65, market capitalization USD 139.0 billion.

Valuation and the next date

IBM's 0.03 dividend yield and 20.47 price-to-earnings ratio place the stock's valuation beside a results date that is already scheduled. The Morgan Stanley target of USD 238.00 is 2.86 percent above the NYSE price of USD 231.38, while the 52-week high remains USD 332.46.

Euro price after the Xetra close

IBM stock was trading at EUR 206.30 at Lang & Schwarz on October 16, 2026 at 5:05 p.m. CEST, 0.79 percent below the Xetra close of October 15, 2026 at EUR 207.95. The further course of trading is shown by the continuously updated real-time quote of IBM stock.