# International Business Machines Corporation (IBM) is one of the world’s oldest and most influential technology companies.

*business · news · 2026-05-08 · Barchart*

## Key points

- IBM launched new AI capabilities for its Enterprise and Consulting Advantage platforms at Think 2026.
- The new tools use watsonx technology to enhance flexibility, governance, and control in hybrid AI systems.
- Analyst consensus on IBM stock has shifted to more bullish, with increased 'Strong Buy' ratings versus last month.
- IBM shares rose 2.5% after the AI announcement, despite underperforming major tech indices over the past year.
- RBC Capital reduced its IBM price target to $330, still implying significant upside from current market prices.

**Companies:** International Business Machines Corporation
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1796825/are-wall-street-analysts-predicting-international-business-machines-stock-will-climb-or-sink)

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