International Business Machines clears a fresh analyst bar, shares extend the recent rally

International Business Machines enters the new week with a marked analyst tailwind after a price target lift, while the shares hold recent gains on the NYSE.

By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-29, 09:39.

International Business Machines Corporation (US4592001014) starts the week with a notable analyst signal. Morgan Stanley has raised its price target on IBM, citing stronger enterprise server demand and higher earnings estimates, while the shares recently advanced more than five percent on the NYSE. INDmoney summary of IBM price move and analyst targets

Morgan Stanley lifts IBM expectations

Morgan Stanley’s latest update points to robust demand in IBM’s infrastructure and server business and an improved earnings outlook, with the broker lifting its price target to around 267 dollars per share according to recent data. INDmoney details on Morgan Stanley’s IBM target The move adds to a broader analyst consensus that sees modest upside from current trading levels, with 24 analysts tracking the stock and an average target in the high 280s. INDmoney analyst consensus for IBM

Consensus and recent price performance

IBM shares recently closed around 271.63 dollars, with the stock up roughly 5.17 percent over the latest session, and a 7.7 percent gain over the past week according to one aggregated data overview. INDmoney price and performance data for IBM That places IBM in the upper tier of its peer group over the short term, compared with more muted moves in large U.S. technology names such as Cisco and Oracle over the same period. MarketScreener IBM peer comparison snapshot

The product behind the stock

IBM’s current growth narrative is closely tied to its hybrid cloud and AI platform, especially IBM Cloud and the watsonx AI suite, which bundle data management, machine learning and automation tools for large enterprises. IBM watsonx product overview Alongside infrastructure services, these offerings are designed to lock in long-term customer relationships and recurring subscription revenues.

Where the stock trades today

International Business Machines Corporation (US4592001014) shares last traded on the NYSE at approximately 271.63 dollars as of 2026-06-27, 06:36, based on recent consolidated price data. MarketScreener latest IBM quote

International Business Machines at a glance

• Company: International Business Machines Corporation
• ISIN: US4592001014
• WKN: 851399
• Ticker: IBM
• Trading venue: NYSE
• Price (as of 2026-06-27, 06:36): 271.63 USD
• Market cap: 0.25 trillion USD (as of 2026-06-27)
• Sector / industry: Information Technology / IT Services & Infrastructure
• Index membership: S&P 500, Dow Jones Industrial Average
• Next earnings date: 2026-07-22

This article is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or a solicitation of any kind. All data and assessments are based on sources believed to be reliable but cannot be guaranteed. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions.