By Simply Wall St
Publication Date: 2026-06-02 15:17:00
International Business Machines (IBM) has moved back into the spotlight after committing more than US$10 billion to quantum computing and US$5 billion to Project Lightwell, while also securing US$1 billion in federal CHIPS Act support.
See our latest analysis for International Business Machines.
The recent run of announcements around quantum computing, Project Lightwell and the Nvidia Vera Rubin partnership has coincided with intense buying interest, with IBM’s 30 day share price return of 37.99% and 1 year total shareholder return of 24.52% sitting on top of a very large 3 year total shareholder return.
If you like the way quantum computing is reshaping the story for IBM, it may be worth widening your search to other quantum related opportunities through the 29 quantum computing stocks
With IBM up 37.99% over 30 days and trading above the average analyst target of US$284.46, while some models still imply an intrinsic discount of about 11%, are you seeing a genuine opening here…