Is IBM the Best Quantum Computing Stock?
Quantum computing could revolutionize everything from drug discovery to cryptography, with the global market expected to reach $7.3 billion by 2030. Most of today's headlines focus on pure plays like IonQ and Rigetti Computing, whose prototypes and partnerships generate attention but little revenue and whose stock prices often swing wildly on technical updates.
Meanwhile, International Business Machines (NYSE: IBM) has taken a quieter path, booking $1 billion in cumulative quantum business since 2017 and publishing a clear roadmap to fault-tolerant systems by 2029. The company already operates multiple large-scale quantum systems worldwide and anchors a network of nearly 300 organizations using its cloud-access platform.
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Source Fool.com
International Business Machines Corp Stock
Currently there is a rather positive sentiment for International Business Machines Corp with 28 Buy predictions and 5 Sell predictions.
As a result the target price of 263 € shows a slightly positive potential of 1.78% compared to the current price of 258.4 € for International Business Machines Corp.
