International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

International Business Machines Corporation

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Albemarle Corp. (Symbol: ALB), where a total volume of 32,599 contracts has been traded thus far today, a contract volume which is representative of approximately 3.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78% of ALB's average daily trading volume over the past month, of 4.2 million shares. Particularly high volume was seen for the $110 strike call option expiring December 19, 2025, with 15,701 contracts trading so far today, representing approximately 1.6 million underlying shares of ALB. Below is a chart showing ALB's trailing twelve month trading history, with the $110 strike highlighted in orange:
International Business Machines Corp (Symbol: IBM) options are showing a volume of 26,484 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 59.7% of IBM's average daily trading volume over the past month, of 4.4 million shares. Particularly high volume was seen for the $255 strike call option expiring September 12, 2025, with 2,822 contracts trading so far today, representing approximately 282,200 underlying shares of IBM. Below is a chart showing IBM's trailing twelve month trading history, with the $255 strike highlighted in orange:
And Synopsys Inc (Symbol: SNPS) saw options trading volume of 4,978 contracts, representing approximately 497,800 underlying shares or approximately 47.7% of SNPS's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $670 strike call option expiring September 12, 2025, with 531 contracts trading so far today, representing approximately 53,100 underlying shares of SNPS. Below is a chart showing SNPS's trailing twelve month trading history, with the $670 strike highlighted in orange:
For the various different available expirations for ALB options, IBM options, or SNPS options, visit StockOptionsChannel.com.
Also see:
Alphabetical List of All Hedge Funds
Top Ten Hedge Funds Holding PGND
PTG Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Monday Option Activity: ALB, IBM, SNPS

International Business Machines Corporation IBM has declined 8.6% over the past three months against the industry’s growth of 9.8% due to macroeconomic challenges. The stock has lagged peers like Microsoft Corporation MSFT and Amazon.com, Inc. AMZN. While Microsoft has gained 4.7%, Amazon has rallied 7.1% over this period, driven by the rising adoption of enterprise capabilities of Azure OpenAI and Amazon Web Services.
3-Month IBM Stock Price Performance
Image Source: Zacks Investment Research
Price Wars Hurt IBM Margin
IBM is facing competition from Amazon Web Services and Microsoft Azure. Increasing pricing pressure is eroding margins, and profitability has trended down over the years, barring occasional spikes. The company’s ongoing, heavily time-consuming business model transition to the cloud is challenging. Weaknesses in its traditional business and foreign exchange volatility remain significant concerns.
IBM is resorting to massive job cuts to reduce operating costs. A significant part of these jobs is slated to be shifted to India under a “resource action” plan, an ongoing corporate strategy to tap the vast talent pool of the subcontinent at lower operating costs. Although the company spokesperson has refused to comment on the grapevines and commit an exact figure for the layoffs, various unidentified sources have confirmed that the action has already started, impacting employees from consulting, corporate social responsibility, cloud infrastructure, sales and internal systems teams.
A majority of job losses have also been reported in the Human Resource department as IBM aims to integrate AI (artificial intelligence) into its operations, particularly in back-office functions.
Image Source: Zacks Investment Research
Key Valuation Metric
From a valuation standpoint, IBM appears to be trading expensively relative to the industry and well above its mean. Going by the price/earnings ratio, shares of International Business Machines currently trade at 21.28X, higher than 19.96 for the industry and the stock’s mean of 14.05.
Image Source: Zacks Investment Research
Solid Hybrid Cloud, AI Demand: IBM’s Growth Drivers
International Business Machines is poised to benefit from healthy demand trends for hybrid cloud and AI, which drive the Software and Consulting segments. We expect the company’s growth to be aided by analytics, cloud computing and security in the long run. IBM is likely to benefit from a better business mix, improved operating leverage and higher investments in growth opportunities.
International Business Machines’ watsonx is likely to be the core technology platform for its AI capabilities. watsonx delivers the value of foundational models to the enterprise, enabling them to be more productive. This enterprise-ready AI and data platform comprises three products to help organizations accelerate and scale AI. These include the watsonx.ai studio for new foundation models, generative AI and machine learning, and the watsonx.data fit-for-purpose data store built on an open lake house architecture. It also includes the watsonx.governance toolkit to help enable AI workflows to be built with responsibility and transparency.
Estimate Revision Trend of IBM
IBM is currently witnessing an uptrend in estimate revisions. Earnings estimates for 2025 have grown 5.8% to $11.12 over the past year, while the same for 2026 has increased 6.1% to $11.93. The positive estimate revision portrays bullish sentiments about the stock’s growth potential.
End Note
With solid fundamentals and healthy revenue-generating potential driven by robust demand trends, IBM is witnessing a steady growth curve. A strong emphasis on hybrid cloud, diligent execution of operational plans and an AI focus are driving value for customers. With improving earnings estimates, the stock is witnessing a positive investor perception at the moment.
However, IBM’s growth is dented by high operating costs and stiff competition that reduce its profitability. It is also trading at a premium compared with the industry. With a Zacks Rank #3 (Hold), IBM appears to be treading in the middle of the road, and new investors can be better off if they trade with caution. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IBM Declines 8.6% in 3 Months: Should You Rethink the Stock?

Key Points
CoreWeave possesses several ingredients that have helped other stocks be millionaire-makers.
However, a few obstacles could make it difficult for CoreWeave to turn $10,000 into $1 million.
You might catch a whiff of the "new car smell" with CoreWeave (NASDAQ: CRWV). The cloud platform provider conducted its initial public offering (IPO) barely six months ago. That IPO, by the way, was the biggest for a tech company since 2021.
Some early CoreWeave investors have enjoyed nice returns already. The stock is up nearly 120% since its IPO in late March. But could the future hold even greater money-making opportunities? Can a $10,000 investment in CoreWeave make you a millionaire?
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
Several millionaire-maker ingredients
CoreWeave appears to have several ingredients that other millionaire-maker stocks possess. Perhaps the most important one is that the company is targeting a hot market -- data centers that host artificial intelligence (AI) applications -- with tremendous growth prospects.
Top consulting firm McKinsey projects that global data center capacity could increase by a compound annual growth rate of 22% through 2030. CoreWeave isn't the only player in this market, of course. However, it enjoys a first-mover advantage in focusing exclusively on AI hyperscaling.
Another key ingredient for millionaire-maker stocks is exceptionally strong revenue growth. CoreWeave definitely checks off this box. The company's revenue skyrocketed 207% year over year in its latest quarter.
Like previous enormously successful companies, CoreWeave is doing all it can to capitalize on its growth opportunities. Co-founder and CEO Michael Intrator said in the company's second-quarter update, "We are scaling rapidly as we look to meet the unprecedented demand for AI."
The biggest long-term winners also often have huge partners. Again, CoreWeave fits the bill. For example, Nvidia has investments in only six other publicly traded companies; CoreWeave is one of them. It has also teamed up with IBM to train the technology pioneer's Granite AI models on Nvidia-powered supercomputers.
A few flies in the ointment
There are a few flies in the ointment that could prevent CoreWeave from becoming a millionaire-maker stock, though. One biggie is that competition is likely to increase significantly.
CoreWeave competes against some of the biggest cloud service providers, including Amazon (NASDAQ: AMZN) Web Services (AWS), Microsoft (NASDAQ: MSFT) Azure, and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Cloud. These companies' financial strength could allow them to make the investments needed to partially erase CoreWeave's first-mover advantage in AI hyperscaling.
Notably, CoreWeave isn't profitable yet despite its rapid revenue growth. The company could find it difficult to keep pace with greater capital spending by its rival tech giants. But without investing in more infrastructure to meet customer demand, CoreWeave won't be able to keep its growth rate up.
Wall Street projects slowing (albeit still impressive) revenue growth for CoreWeave next year. If a trend of decelerating revenue growth continues, it will be much harder for an initial investment of $10,000 in CoreWeave to grow to $1 million.
What about valuation? CoreWeave's price-to-sales ratio is 12.4, well above the internet services and infrastructure industry average of 8.1. However, the company's sales growth makes this seemingly steep premium less concerning.
Steep odds
Can an investment of $10,000 in CoreWeave make you a millionaire? It's possible, but the odds are stacked decidedly against it happening. To turn $10,000 into $1 million, CoreWeave's share price would need to increase by 100x. Few stocks can achieve such a feat, even over a lengthy period.
Perhaps the best way for CoreWeave to be a millionaire-maker is for you to start with a higher initial investment. For example, buying $200,000 of the stock would make the path to $1 million a much easier climb.
Of course, you don't have to become a millionaire from investing in CoreWeave for the stock to still make you a lot of money. I think the chances of this scenario occurring over the long run are much better.
Should you invest $1,000 in CoreWeave right now?
Before you buy stock in CoreWeave, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $670,781!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,023,752!*
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*Stock Advisor returns as of August 25, 2025
Keith Speights has positions in Alphabet, Amazon, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, International Business Machines, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Can Investing $10,000 in CoreWeave Stock Make You a Millionaire?

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Large Cap Value ETF (Symbol: PWV) where we have detected an approximate $217.9 million dollar inflow -- that's a 18.4% increase week over week in outstanding units (from 18,350,000 to 21,720,000). Among the largest underlying components of PWV, in trading today Qualcomm Inc (Symbol: QCOM) is up about 1.2%, AT&T Inc (Symbol: T) is up about 0.2%, and International Business Machines Corp (Symbol: IBM) is lower by about 0.3%. For a complete list of holdings, visit the PWV Holdings page » The chart below shows the one year price performance of PWV, versus its 200 day moving average:
Looking at the chart above, PWV's low point in its 52 week range is $50.82 per share, with $64.71 as the 52 week high point — that compares with a last trade of $64.40. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
Stock Split History
Funds Holding IPG
LBMH Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Invesco Large Cap Value ETF Experiences Big Inflow

Below is Validea's guru fundamental report for INTERNATIONAL BUSINESS MACHINES CORP. (IBM). Of the 22 guru strategies we follow, IBM rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor model seeks low volatility stocks that also have strong momentum and high net payout yields.
INTERNATIONAL BUSINESS MACHINES CORP. (IBM) is a large-cap growth stock in the Computer Services industry. The rating using this strategy is 87% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
TWELVE MINUS ONE MOMENTUM:
NEUTRAL
Detailed Analysis of INTERNATIONAL BUSINESS MACHINES CORP.
IBM Guru Analysis
More Information on Pim van Vliet
About Pim van Vliet: In investing, you typically need to take more risk to get more return. There is one major exception to this in the factor investing world, though. Low volatility stocks have been proven to outperform their high volatility counterparts, and do so with less risk. Pim van Vliet is the head of Conservative Equities at Robeco Asset Management. His research into conservative factor investing led to the creation of this strategy and the publication of the book "High Returns From Low Risk: A Remarkable Stock Market Paradox". Van Vliet holds a PhD in Financial and Business Economics from Erasmus University Rotterdam.
Additional Research Links
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Guru Fundamental Report for IBM

Key Points
Today's giants are, unsurprisingly, leading technology companies.
Then, however, energy and industrials were the market's titans.
Don't be surprised to see a whole new set of names 40 years from now.
As the old adage goes, the one constant in life is change. It's true of companies as well. Although it seems like today's titans will forever remain on top, the same seemed true of yesteryear's powerhouses. It wasn't.
With that as the backdrop, how have things changed for publicly traded companies over the course of the past 40 years? A lot.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
Today's biggest companies
Today's biggest companies (as measured by market capitalization) should come as no surprise. From a massive market value of $4.2 trillion all the way down to a still-massive market cap of $2.4 trillion, here are the market's five biggest names right now, from biggest to smallest.
My how things have changed over the course of the past 40 years.
1985's biggest companies
There isn't absolute agreement on which companies qualify as 1985's biggest. Energy outfit ExxonMobil as we know it today didn't exist until Exxon merged with Mobil in 1999, for instance, while General Electric has since been carved up into several different industrial entities. It also seems like AT&T is missing from this list, but remember, the 1980s were an era of significant breakups and acquisitions in the telecom industry, including the breakup of Bell the year before. The AT&T of today isn't the same AT&T it was then.
Regardless, based on data provided by Goldman Sachs and the American Enterprise Institute, Visual Capitalist says these were the five biggest companies back in 1985, from biggest to smallest:
For perspective, IBM's market cap at that time was around $30 billion -- small by today's standards, but enormous for the day.
The takeaway
The takeaway for investors, of course, is to never assume any giant organization's size means it's built to thrive indefinitely. Newer businesses are always on the horizon.
Should you invest $1,000 in Nvidia right now?
Before you buy stock in Nvidia, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $651,599!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,067,639!*
Now, it’s worth noting Stock Advisor’s total average return is 1,049% — a market-crushing outperformance compared to 185% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of August 25, 2025
James Brumley has positions in AT&T and Alphabet. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Goldman Sachs Group, International Business Machines, Microsoft, and Nvidia. The Motley Fool recommends GE Aerospace, General Motors, and Philip Morris International and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

These Were the Market's 5 Biggest Giants of 1985 -- Here's Who Holds the Crown Now

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Core Scientific Inc (Symbol: CORZ), where a total volume of 97,328 contracts has been traded thus far today, a contract volume which is representative of approximately 9.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.3% of CORZ's average daily trading volume over the past month, of 17.6 million shares. Especially high volume was seen for the $15 strike call option expiring September 05, 2025, with 7,789 contracts trading so far today, representing approximately 778,900 underlying shares of CORZ. Below is a chart showing CORZ's trailing twelve month trading history, with the $15 strike highlighted in orange:
Cipher Mining Inc (Symbol: CIFR) saw options trading volume of 122,615 contracts, representing approximately 12.3 million underlying shares or approximately 54.6% of CIFR's average daily trading volume over the past month, of 22.5 million shares. Particularly high volume was seen for the $5 strike put option expiring October 17, 2025, with 10,728 contracts trading so far today, representing approximately 1.1 million underlying shares of CIFR. Below is a chart showing CIFR's trailing twelve month trading history, with the $5 strike highlighted in orange:
And International Business Machines Corp (Symbol: IBM) saw options trading volume of 27,381 contracts, representing approximately 2.7 million underlying shares or approximately 53.7% of IBM's average daily trading volume over the past month, of 5.1 million shares. Particularly high volume was seen for the $260 strike call option expiring September 19, 2025, with 1,160 contracts trading so far today, representing approximately 116,000 underlying shares of IBM. Below is a chart showing IBM's trailing twelve month trading history, with the $260 strike highlighted in orange:
For the various different available expirations for CORZ options, CIFR options, or IBM options, visit StockOptionsChannel.com.
Also see:
Institutional Holders of FPAY
ATXI Insider Buying
Funds Holding CLAQ
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Friday Option Activity: CORZ, CIFR, IBM

The Zacks-defined Computer-Integrated Systems industry is currently in the top 11% of the Zacks Industry Rank. In the past year, the industry has provided 18.9% returns, while its year-to-date return is 26.6%. Since it is ranked in the top half of the Zacks Ranked Industries, we expect the consulting services industry to outperform the market over the next three to six months.
We narrowed our search to two U.S. behemoths from this space for investment. These two companies currently carry a favorable Zacks Rank and have double-digit short-term price upside potential. The stocks are: Micron Technology Inc. MU and International Business Machines Corp. IBM.
The chart below shows the price performance of our two picks year to date.
Image Source: Zacks Investment Research
Micron Technology Inc.
Micron Technology has become a leader in the AI infrastructure boom due to strong demand for its high-bandwidth memory (HBM) solutions. Record sales in the data center end market and accelerating HBM adoption have been driving MU’s Dynamic Access Random Memory (DRAM) revenues higher.
The growing adoption of artificial intelligence (AI) servers is reshaping the DRAM market as these systems require significantly more memory than traditional servers. This is boosting demand for both high-capacity DIMMs (Dual In-line Memory Module) and low-power server DRAM. MU is capitalizing on this trend with its leadership in DRAM technology and a strong product roadmap that includes HBM4, slated for volume production in 2026.
Micron’s diversification strategy is also bearing fruit. MU has created a more stable revenue base by shifting its focus away from the more volatile consumer electronics market and toward resilient verticals such as automotive and enterprise IT.
As AI adoption accelerates, the demand for advanced memory solutions like DRAM and NAND is soaring. MU’s investments in next-generation DRAM and 3D NAND ensure that it remains competitive in delivering the performance needed for modern computing.
Micron currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Strong Estimate Revisions
Micron has an expected revenue and earnings growth rate of 33.9% and 62.4%, respectively, for the next year (ending August 2026). The Zacks Consensus Estimate for next year’s earnings has improved 6.4% over the last 30 days.
Attractive Price Upside Potential
Year to date, Micron has provided a 44.6% return. Yet, the short-term average price target of brokerage firms for the stock represents an increase of 24.9% from the last closing price of $122. The brokerage target price is currently in the range of $75-$200. This indicates a maximum upside of 63.9% and a downside of 38.5%.
International Business Machines Corp.
International Business Machines has been witnessing healthy demand trends for hybrid cloud and AI solutions with a client-focused portfolio and broad-based growth. The acquisition of Hakkoda has strengthened IBM’s data expertise and augmented its capability to support clients’ AI transformation initiatives.
IBM is collaborating with SAP to tap generative AI technology within the retail industry. The collaboration is likely to facilitate higher productivity and help accelerate business transformation in consumer-packaged goods and retail firms.
IBM’s growth is expected to be aided by analytics, cloud computing and security over the long term. With a surge in traditional cloud-native workloads and associated applications, along with a rise in generative AI deployment, there is a radical expansion in the number of cloud workloads that enterprises are currently managing.
This has resulted in heterogeneous, dynamic and complex infrastructure strategies, which have led firms to undertake a cloud-agnostic and interoperable approach to highly secure multi-cloud management, translating into a healthy demand for IBM hybrid cloud solutions.
IBM is focusing more on smaller, domain-focused AI models, emphasizing reliability, cost-efficiency and practical enterprise utility. IBM’s watsonx platform has been the core technology platform for its AI capabilities. It delivers the value of foundational models to the enterprise, enabling them to be more productive.
This enterprise-ready AI and data platform comprises three products to help organizations accelerate and scale AI — the watsonx.ai studio for new foundation models, generative AI and machine learning, the watsonx.data fit-for-purpose data store built on an open lake house architecture and the watsonx.governance toolkit to help enable AI workflows to be built with responsibility and transparency. IBM currently carries a Zacks Rank #2 (Buy).
Impressive Estimate Revisions
International Business Machines has an expected revenue and earnings growth rate of 6.4% and 7.7%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.3% over the last 30 days.
IBM has an expected revenue and earnings growth rate of 4.4% and 7.3%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 0.6% over the last 30 days.
Solid Price Upside Potential
Year to date, International Business Machines has provided a 11.8% return. The short-term average price target of brokerage firms for the stock represents an increase of 13.5% from the last closing price of $245.73. The brokerage target price is currently in the range of $198-$350. This indicates a maximum upside of 42.4% and a downside of 19.4%.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Buy 2 Computer-Integrated Systems Giants With Extensive AI Applications

D-Wave Quantum QBTS and Rigetti Computing RGTI are stepping into the spotlight as speculative pure plays in the emerging quantum economy, buoyed by the growing interest of big technology players in the quantum landscape.
International Business Machines IBM recently partnered with Advanced Micro Devices or AMD to build quantum-centric supercomputers, a major step toward merging quantum and classical computing at scale. Microsoft MSFT is also advancing its “Quantum Safe” roadmap, aiming to embed post-quantum cryptography across its platforms by 2029-2033. Meanwhile, NVIDIA NVDA is expanding its hybrid-computing push by launching a large Quantum-AI research center to advance quantum-classical integration. This surge of attention by the bigwigs is drawing fresh investor focus toward the smaller players.
Against this big-tech momentum, QBTS and RGTI stand as potential market movers, though their future remains uncertain in a market defined by both exponential opportunity and existential risk.
Let's delve deeper.
Image Source: Zacks Investment Research
Meanwhile, over the past six months, shares of QBTS have skyrocketed 210.8%, strongly outperforming RGTI’s 99.9% gain. Both the stocks marched well ahead of the S&P 500 index’s 11.6% rise.
How D-Wave is Placed in the Evolving Landscape
D-Wave is a leading commercial provider of annealing quantum systems, different from rivals pursuing gate-model architectures. The May 2025 launch of its Advantage2 quantum computer was a major milestone, showcasing real-world quantum supremacy in materials simulation and delivering significant performance gains in coherence, energy scaling and qubit connectivity. D-Wave argues that annealing is not a niche technology but a scalable solution for optimization, simulation and AI workloads — a view supported by growing partnerships with firms like Japan Tobacco, Triumph and global institutions such as Yonsei University and the Julich Supercomputing Center.
On the financial side, the last-reported second-quarter 2025 revenues rose 42% year over year to $3.1 million, with bookings nearly doubling and margins above 70%. Crucially, a record $819 million cash balance gives the company resources to advance its roadmap toward 100,000 qubits and expand hybrid quantum-AI applications. With customers spanning GE Vernova, Nikon, NTT, Sharp and Oxford University, D-Wave is proving annealing’s versatility.
Rigetti's Current Stance on Path to Quantum Edge
Rigetti is gaining market share based on its chiplet-based architecture as the foundation for scaling superconducting qubits. Cepheus-1-36Q, launched earlier this month, has been recognized as the industry’s largest multi-chip quantum computer. It is claimed to reduce error rates at a rapid pace, achieving a two times improvement in 2-qubit gate fidelity over its prior Ankaa-3 system in just six months. By leveraging chiplet technology from the semiconductor industry, Rigetti is moving beyond monolithic designs and gaining better manufacturing yields and consistency while proving that multi-chip scaling is both feasible and advantageous. The company is confident that this approach will enable the release of a 100+ qubit system with 99.5% median 2-qubit gate fidelity by year-end 2025, a milestone that would significantly advance the roadmap toward error correction and fault tolerance.
On the financial side, Rigetti strengthened its position with $350 million in at-the-market equity financing, ending the last-reported second quarter with $571.6 million in cash and no debt, providing the resources to support commercial scale-up. However, revenues were down year over year due to delays in U.S. government funding programs like the National Quantum Initiative. While gross margins fell to 31% and losses widened, management highlighted that technical milestones, not current revenues, are the core metric of long-term success.
Big Tech Momentum: Boon or Bane for QBTS and RGTI?
The growth of Big Tech in quantum computing is both good and bad for smaller companies like D-Wave and Rigetti. On the one hand, companies such as IBM, Microsoft and NVIDIA are investing billions into quantum hardware, software and security, raising the visibility of the whole sector and attracting fresh capital. This helps smaller companies because customers, investors and governments are more willing to take quantum seriously when big names are involved. For both D-Wave and Rigetti, this momentum provides credibility and a stronger market context.
On the other hand, Big Tech’s size and resources make the competitive environment tough. D-Wave and Rigetti both face the risk of being overshadowed by larger players who can afford longer R&D timelines and broader market reach.
Average Target Price for D-Wave Suggests a Better Upside
Based on short-term price targets offered by 10 analysts, QBTS’ average price target represents an increase of 37.22% from the last closing price of $15.45.
Image Source: Zacks Investment Research
Based on short-term price targets offered by six analysts, RGTI’s average price target represents an increase of 16.54% from the last closing price of $15.3.
Image Source: Zacks Investment Research
D-Wave Pulls Ahead as Big Tech Fuels Quantum Momentum
While D-Wave and Rigetti currently have a Zacks Rank #3 (Hold) each, the evidence points to QBTS being better positioned in the near term. Its strong revenue growth, robust cash reserves, expanding commercial partnerships and higher analyst upside potential give it an edge over Rigetti, which is still contending with government funding delays and widening losses despite impressive technical milestones. This advantage is especially important as big tech giants like IBM, Microsoft and NVIDIA accelerate quantum adoption and validation, further raising the stakes for all players in the space. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Quantum Computing Stocks Set To Soar
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D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

QBTS or RGTI: Which Stock Will Win As IBM, MSFT, NVIDIA Back Quantum?

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro Dow30 (Symbol: UDOW) where we have detected an approximate $189.7 million dollar outflow -- that's a 20.8% decrease week over week (from 8,900,000 to 7,050,000). Among the largest underlying components of UDOW, in trading today Amgen Inc (Symbol: AMGN) is off about 0.8%, International Business Machines Corp (Symbol: IBM) is off about 0.5%, and 3M Co (Symbol: MMM) is higher by about 1%. For a complete list of holdings, visit the UDOW Holdings page » The chart below shows the one year price performance of UDOW, versus its 200 day moving average:
Looking at the chart above, UDOW's low point in its 52 week range is $56.90 per share, with $113.78 as the 52 week high point — that compares with a last trade of $102.01. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
CPS Average Annual Return
BQR Historical Stock Prices
Top Ten Hedge Funds Holding BSFC
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	37.47 28.98
Price/Sales	3.58 2.58
P/B	8.15 2.76
P/FCF	17.43 24.31

Indicator	TTM Median
ROE	24.25 15.33
ROA	4.44 6.66
ROI	7.79 9.73
Net Worth	225.76 0.98
Quick Ratio	1.00 1.53
Current Ratio	1.04 1.84

Indicator	TTM Median
Net Profit Margin	9.60 9.71
Operating Margin	13.36 11.07
Gross Margin	56.65 50.00
Return on tangible equity	0.00 27.59

Indicator	TTM Median
EPS	1.60 0.24
EPS Forecast	1.42 0.19
Revenue	17.55B 73.00M
Gross Profit	10.44B —
EBITDA	4.72B —

International Business Machines Corporation

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue