Erste Group Sticks to Its Hold Rating for International Business Machines (IBM)
In a report released yesterday, Hans Engel from Erste Group maintained a Hold rating on International Business Machines. The company’s shares closed today at $243.14.
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Engel covers the Technology sector, focusing on stocks such as Cisco Systems, International Business Machines, and Broadcom. According to TipRanks, Engel has an average return of 8.5% and a 53.70% success rate on recommended stocks.
International Business Machines has an analyst consensus of Moderate Buy, with a price target consensus of $332.94, representing a 36.93% upside. In a report released today, TipRanks – xAI also reiterated a Hold rating on the stock with a $258.00 price target.
Based on International Business Machines’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $19.69 billion and a net profit of $5.6 billion. In comparison, last year the company earned a revenue of $17.55 billion and had a net profit of $2.91 billion
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IBM in relation to earlier this year. Most recently, in February 2026, Michael Miebach, a Director at IBM bought 434.00 shares for a total of $101,260.88.
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