# International Business Machines Corporation Share Price Target ‘$188.24’, now -1.4% Downside Potential - Link: https://www.directorstalkinterviews.com/international-business-machines-corporation-share-price-target-188.24-now-1.4-downside-potential/4121149512 - Published: 2024-04-02T12:55:43+01:00 - Author: Charlotte Edwards **International Business Machines Corporation** with ticker code (IBM) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $220.00 and $125.00 and has a mean share price target at $188.24. (at the time of writing). Now with the previous closing price of $190.96 this indicates there is a potential downside of -1.4%. The day 50 moving average is $188.01 and the 200 day moving average is $158.20. The company has a market capitalization of 174.03B. The current share price for the company is: $189.83 USD The potential market cap would be $171,546,912,508 based on the market consensus. The company has a dividend yield of 5.22%. Other points of data to note are a P/ E ratio of 23.32, revenue per share of $67.89 and a 4.71% return on assets. International Business Machines Corporation (IBM) is a provider of hybrid cloud and artificial intelligence (AI), and business services. It provides integrated solutions and products that use data, information technology in industries and business processes. Its segments include Software, Consulting, Infrastructure and Financing. Software segment comprises two business areas: Hybrid Platform & Solutions, which includes software to help clients operate, manage and optimize their IT resources and business processes within hybrid, multi-cloud environments, and transaction processing, which includes software that supports clients’ mission-critical, on- premises workloads in industries such as banking, airlines and retail. Consulting segment is engaged in business transformation, technology consulting and application operations. Infrastructure segment is engaged in hybrid infrastructure and infrastructure support. Financing segment is engaged in client financing and commercial financing. Share on: