IBM — International Business Machines Corporation
Mainframe, cloud, and quantum computing leader; owns the largest commercial superconducting qubit fab and quantum cloud platform (Qiskit, IBM Quantum).
Coiled
0
52w range compression, breakout-adjusted
Watched
100
7-day news volume + tape quietness
Sound
72
Margins, growth, FCF composite
Critical
100
Supply-chain concentration × demand
Pressure
64
Pricing Power
58.4%
Filling fast
Financials
Numbers on the wire.
Market cap
$212.2B
P/E (TTM)
19.72
P/S (TTM)
3.08
EV / EBITDA
21.83
Gross margin
58.36%
Op margin
15.32%
Net margin
15.60%
FCF margin
—
Rev growth YoY
9.67%
EPS growth YoY
94.45%
ROE
35.53%
ROA
7.13%
Debt / Equity
2.01
Current ratio
0.80
Price / Book
6.91
Beta
0.56
Source: Finnhub. TTM = trailing twelve months.
Supply Chain
Layer Presence.
- Post-Quantum CryptographyNIST post-quantum cryptography standardization (CRYSTALS-Kyber/ML-KEM, CRYSTALS-Dilithium/ML-DSA, FALCON/FN-DSA, SPHINCS+/SLH-DSA) and algorithm library vendors.55%
- Post-Quantum CryptographyPost-quantum cryptography library integration into enterprise software, cloud HSMs, and network security products.52%
- Quantum Computing (All Modalities)Quantum software frameworks, compilers, and middleware (Qiskit, Cirq, Braket, CUDA-Q, etc.).68%
- Quantum Computing (All Modalities)Error correction decoders, fault-tolerant circuit compilers, and syndrome extraction software.60%
- Quantum Computing (All Modalities)Cloud-hosted quantum computing platforms, managed services, and end-user access layers.72%
- Quantum Computing (Superconducting Qubits)Superconducting qubit processors (chips with coupled resonators, transmon qubits, control circuitry).78%
- Quantum Networking & QKDQuantum repeaters, quantum memory nodes, and entanglement distribution for long-haul quantum networks.50%
- Quantum Supporting Hardware & CryogenicsJosephson junction fabrication, niobium patterning, and superconducting resonator assembly.85%
Our take
IBM's quantum strategy is vertically integrated across qubit fab, control software, and cloud distribution. Qiskit open-source ecosystem drives developer lock-in. Enterprise pilots ramping 2025-26. Error correction milestone (Heron chip, 2024) moves roadmap toward fault tolerance. Risk: timeline slips, Google/IonQ competition.
Recent filings
From the EDGAR wire.
News
From the tape.
- YahooBillion-Dollar Company With One Employee? How Agentic AI Is Changing Who Gets Hired
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- YahooQuantumStreet AI Launches AI-Enhanced Thematic Rotation Index for Institutional Investors
- YahooSmart Grid Market Dynamics, Opportunity Analysis and Forecasts 2026-2035 with Siemens, Schneider Electric, General Electric, ABB, Itron, and IBM Leading
- YahooQuantum Motion raises $160 million to build quantum computers from standard silicon transistors
- YahooHK01 AI Transformation Solution Day 2026 Returns