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

52w range compression, breakout-adjusted

Watched

100

7-day news volume + tape quietness

Sound

Margins, growth, FCF composite

Critical

100

Supply-chain concentration × demand

Pressure

Pricing Power

58.1%

Filling fast

Numbers on the wire.

Market cap

$223.5B

P/E (TTM)

20.62

P/S (TTM)

3.20

EV / EBITDA

21.00

Gross margin

58.10%

Op margin

15.11%

Net margin

15.52%

FCF margin

—

Rev growth YoY

7.90%

EPS growth YoY

82.66%

ROE

33.51%

ROA

7.07%

Debt / Equity

1.80

Current ratio

0.79

Price / Book

7.67

Beta

0.71

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.

IBM — International Business Machines Corporation

Numbers on the wire.

From the EDGAR wire.

From the tape.