IBM, US4592001014

Morgan Stanley raises target to USD 238.00 for IBM stock

Published on 10/20/2026 at 10:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley lifted its target to USD 238.00 on October 15, 2026. IBM stock costs EUR 210.13 on October 20, 2026, 0.42 percent above Xetra close.

Analyst target and earnings date

Morgan Stanley raised IBM's target to USD 238.00 on October 15, 2026.
IBM reported USD 17.16 billion in second-quarter revenue against USD 17.46 billion in consensus.
IBM stock trades at EUR 210.13 at 10:31 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.42 percent above the Xetra close of October 19, 2026.
IBM is scheduled to report third-quarter results on October 21, 2026.

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IBM stock (ISIN US4592001014) was trading at EUR 210.13 at Lang & Schwarz on October 20, 2026, at 10:31 a.m. CEST, up 0.42 percent versus the Xetra close of October 19, 2026 at EUR 209.25. The latest analyst move came from Morgan Stanley, which raised its IBM target from USD 190.00 to USD 238.00 on October 15, 2026, according to Markets Insider.

Three dates frame the IBM story

On July 14, 2026, IBM's preliminary revenue of USD 17.20 billion came in USD 660.00 million below forecasts, according to TheStreet. On July 22, 2026, second-quarter revenue was USD 17.16 billion versus USD 17.46 billion in consensus, a shortfall of 1.72 percent, according to TradingKey. On October 15, 2026, Morgan Stanley lifted its target to USD 238.00 from USD 190.00.

What does the target change?

The Morgan Stanley move represents a 25.26 percent increase in the target, but the bank kept an Equal Weight rating. Its preview points to a largely in-line third quarter, with infrastructure strength offsetting softer consulting growth, according to Markets Insider.

Results arrive October 21

IBM is scheduled to report third-quarter results on October 21, 2026. Bank of America expects revenue of USD 16.80 billion and earnings per share of USD 2.82 for the quarter, while retaining a USD 280.00 target, according to Yahoo Finance.

IBM stock holds above the close

The current euro quote is only 0.42 percent above the Xetra close, so the analyst target and the results scheduled for October 21 remain the stronger reference points for the stock.

IBM stock was trading at EUR 210.13 at Lang & Schwarz on October 20, 2026, at 10:31 a.m. CEST, 0.42 percent above the Xetra close of October 19, 2026 at EUR 209.25. The further course of trading is shown by the continuously updated real-time quote of IBM stock.