IBM Stock Gains Support on Quantum Push and Steady Dividend

International Business Machines Corporation's (IBM) stock has been gaining support due to its quantum push and steady dividend, causing investors to take notice. On September 9, 2026, IBM stock was trading at around $232.02 on the New York Stock Exchange, with a consensus rating of Moderate Buy from analysts.

The average price target is $265.90, implying an upside potential of about 14.6% from the current level. This suggests that investors still see value in IBM's stock, despite some concerns over its revenue growth and execution risks.

One factor driving sentiment around IBM's stock is its investment in quantum computing. The company has agreed to match $1 billion in government funding with $1 billion of its own capital to launch a quantum-focused foundry called Anderon, which aims to create new revenue streams over time.