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J.P. Morgan Sticks to Its Hold Rating for International Business Machines (IBM)

Tipranks - Tue Apr 21, 6:18AM CDT

In a report released today, Brian Essex from J.P. Morgan maintained a Hold rating on International Business Machines, with a price target of $283.00.

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According to TipRanks, Essex is a 4-star analyst with an average return of 4.4% and a 48.85% success rate. Essex covers the Technology sector, focusing on stocks such as International Business Machines, Fortinet, and CrowdStrike Holdings.

In addition to J.P. Morgan, International Business Machines also received a Hold from Bernstein’s Mark Newman in a report issued on April 15. However, today, Jefferies maintained a Buy 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.

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