Citigroup Boosts $IBM Rating to Outperform Amid Analyst Activity
A recent analyst forecast shows that Citigroup has rated $IBM as ‘Outperform’. This reflects growing confidence among analysts about the company’s future performance.
Recent Analyst Ratings for $IBM
Several Wall Street firms have evaluated $IBM in recent months. Four firms have issued buy ratings, while one firm has recommended selling the stock.
Recent analyst ratings for $IBM include:
- Citigroup: “Outperform” on 05/10/2025
- Wedbush: “Outperform” on 05/10/2025
- UBS: “Sell” on 04/23/2025
- Goldman Sachs: “Buy” on 02/05/2025
- Evercore ISI: “Outperform” on 12/03/2024
Price Targets for $IBM
In the last six months, multiple analysts have released price targets for $IBM, with a median target set at $206.00.
Recent price targets include:
- Rob Chang from KGI Securities: $242.00 on 04/24/2025
- David Vogt from UBS: $170.00 on 04/24/2025
Congressional Trading of $IBM Stock
Members of Congress have been active in trading $IBM stock, completing seven transactions in the past six months. Notably, all trades have been purchases.
Here’s a summary of recent congressional trading activity for $IBM:
Insider Trading Activity at $IBM
Insiders at $IBM have executed two transactions in the open market over the past six months—one purchase and one sale.
Details of insider transactions include:
- ROBERT DAVID THOMAS (Senior Vice President): Sold 26,543 shares for approximately $6,715,639
- ALFRED W ZOLLAR: Purchased 936 shares for approximately $197,138
Hedge Fund Activity for $IBM
In the recent quarter, 1,436 institutional investors have increased their holdings of $IBM stock, while 1,404 have reduced their positions.
Highlighted recent hedge fund moves are:
- CAPITAL WORLD INVESTORS added 9,650,534 shares (+413.5%) in Q4 2024, worth approximately $2,121,476,889
- HOLOCENE ADVISORS, LP removed 2,593,208 shares (-100.0%) in Q4 2024, valued at approximately $570,064,914
- LEGAL & GENERAL GROUP PLC reduced holdings by 2,235,612 shares (-24.7%) in Q4 2024, worth about $491,454,585
- NORTHERN TRUST CORP increased shares by 1,704,209 (+18.6%) in Q4 2024, valued at approximately $374,636,264
- BARCLAYS PLC removed 1,587,342 shares (-34.5%) in Q4 2024, worth about $348,945,391
- AMERIPRISE FINANCIAL INC reduced their holdings by 1,501,333 shares (-21.6%) in Q4 2024, valued at approximately $330,038,033
- CASTLEKEEP INVESTMENT ADVISORS LLC removed 1,371,064 shares (-99.6%) in Q1 2025, estimated at $340,928,774
This article is not financial advice. For more information, please refer to Quiver Quantitative’s disclaimers.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
