What is the target price for IBM?

``` The deep research logic is organized as follows: Okay, let's tackle the user's question about IBM's target price. First, I need to check the provided references to gather all relevant data. The user is asking for the target price, so I should look for any sections that mention price targets, average targets, or recent analyst revisions. Looking at the references, Number 1 has a query result for the average price target as of 2025-07-29, which is $288.46. That's a key point. Then, Number 14 lists recent analyst price target revisions after 2025-04-30. There are multiple entries showing raises and lowers, but the latest date here is 2025-07-24. The average target might have been updated based on these revisions. Number 20 mentions a new analyst forecast from BofA Securities setting a target of $310.00 on 2025-07-24. Also, Number 23 talks about analysts raising targets ahead of earnings, with RBC Capital raising to $315 and Stifel to $310. These are recent and relevant. Number 24 has a table with various price targets, including a $325 target from Wedbush on 2025-06-20 and others. However, the latest average target from Number 1 is $288.46, which might be the consensus as of the query date. The user's profile shows interest in short-term opportunities and market sentiment, so highlighting recent analyst actions and the average target would be important. Also, the user might appreciate knowing the range of targets and any recent changes. I should structure the answer to start with the conclusion, then break down the data with tables and mention the recent revisions. Make sure to cite the references properly and include the visualization as per the requirements. ``` ### 🎯 **Conclusion** **IBM’s average analyst price target as of 2025-07-29 is $288.46**, reflecting a 10.0% upside potential from its last closing price of $262.41 . Recent analyst activity shows mixed sentiment, with multiple price target revisions (raises and lowers) in the past month, highlighting ongoing uncertainty about IBM’s near-term prospects . Below is a detailed breakdown of the data and analysis: --- ### 📊 **Key Data Points** #### 1. **Current Average Price Target** | Metric | Value | Implication | |----------------------------|-------------|------------------------------------------------------------------------------| | Last Price (2025-07-29) | $262.41 | Recent volatility: -0.3% change | | Average Price Target | $288.46 | 10.0% upside potential | | Number of Analysts | N/A | No data available for the number of analysts contributing to the average | --- #### 2. **Recent Analyst Revisions** Analysts have been actively revising IBM’s price targets in the past month, reflecting mixed sentiment about the company’s AI-driven growth and valuation concerns: | Analyst Firm | Action | New Price Target | Date | |--------------------|--------------|-------------------|------------| | BofA Securities | Raises | $310.00 | 2025-07-24 | | RBC Capital | Raises | $315.00 | 2025-07-17 | | Stifel | Raises | $310.00 | 2025-07-16 | | Morgan Stanley | Lowers | $253.00 | 2025-07-14 | **Key Takeaway**: The $310–$315 range reflects optimism about IBM’s AI partnerships (e.g., with DatavaultAI and Almawave) , while the lower targets (e.g., $253) highlight concerns about overvaluation and competition from tech giants like Amazon . --- #### 3. **Price Target Range** Analysts’ price targets for IBM span a wide range, reflecting divergent views on the company’s growth trajectory: | Metric | Value Range | Median Target | |----------------------------|--------------|----------------| | Price Target Range | $195–$325 | $305.00 | | Upside Potential (Median) | 16.3% | | **Key Catalysts**: - **AI Expansion**: IBM’s $6 billion generative AI contracts/orders and partnerships with European firms . - **Valuation Concerns**: IBM’s P/E ratio of 42.73 and P/S ratio of 3.86 suggest overvaluation . --- ### 📊 **Final Takeaway** IBM’s average price target of $288.46 represents a balanced view of its AI-driven growth opportunities and valuation risks. Recent analyst activity highlights a tug-of-war between bullish sentiment (e.g., $310–$315 targets) and bearish concerns (e.g., $253 target). For short-term traders, the stock’s oversold RSI (32.49) and mixed earnings outlook could present a high-risk, high-reward opportunity.