IBM Aims to Unlock Quantum Computing Potential
International Business Machines (IBM) has been investing heavily in quantum computing, and its CEO Arvind Krishna predicts that investors will start seeing a measurable impact on its financials as early as 2028 or 2029. Quantum computers can solve complex problems significantly faster than current computers, making them an attractive opportunity for the tech sector.
IBM's stock has been struggling this year, down 19% in 2026, but investors see quantum computing as a potential game-changer for the company. With growth opportunities estimated to be in the trillions of dollars by the end of the 2030s, IBM's investment in quantum computing could pay off in a big way.
While some may view quantum computing as a high-risk area, Krishna believes that IBM is a relatively low-risk option for investors. The company's price-to-earnings multiple of 21 makes it a reasonably priced stock compared to the S&P 500's average earnings multiple of 26.