As IBM Unlocks a ‘Multi-Billion-Dollar Opportunity’ With Google, The Stock Is a Buy

As IBM Unlocks a ‘Multi-Billion-Dollar Opportunity’ With Google, The Stock Is a Buy

By Faisal Humayun Khan
Publication Date: 2026-06-08 21:20:00

A concept image of a neon pink circuit board_ Image by Gorodenkoff via Shutterstock_

Among the big technology names, IBM (IBM) stock has been relatively depressed with returns of just 4% in the last 52 weeks. The sideways move seems like an attractive opportunity as IBM focuses on new-age technologies to accelerate growth. 

In an important step toward that direction, IBM recently announced a partnership with Alphabet’s (GOOGL) Google. The partnership aims to provide agentic AI solutions to enterprises by leveraging on Google’s agentic infrastructure and IBM’s “deep industry expertise and proven delivery frameworks.” According to the companies, this partnership has the potential to transform into a “multi-billion-dollar opportunity.”

IBM also announced last month that it will invest $10 billion in quantum computing over the next five years. At the same time, the company is investing $5 billion toward Project Lightwell, its open-source AI software project. 

IBM…