Wedbush Keeps Their Buy Rating on International Business Machines (IBM)

Wedbush analyst Daniel Ives maintained a Buy rating on International Business Machines today and set a price target of $340.00.

Claim 30% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Ives covers the Technology sector, focusing on stocks such as Apple, International Business Machines, and Palantir Technologies. According to TipRanks, Ives has an average return of 13.8% and a 53.04% success rate on recommended stocks.

In addition to Wedbush, International Business Machines also received a Buy from Oppenheimer’s Param Singh in a report issued yesterday. However, on April 15, Bernstein reiterated a Hold rating on International Business Machines (NYSE: IBM).

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.