The Riken system is powered by IBM’s 156-qubit IBM Quantum Heron, which, according to the U.S. company, is the most performant quantum processor in the world.
As summer kicks off, the S&P 500 is flat, but still within 5% of an all-time high; however, without a clear catalyst, uncertainty is likely to weigh on growth
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
BofA Securities analyst Wamsi Mohan maintains Buy rating for IBM with $320 price target, citing transformational initiatives, growth potential, and defensive investment. Despite recent rally, IBM remains underweight and structurally under-owned, with valuation closer to premium territory and similar to faster-growing SaaS names like Microsoft and Oracle.
Legacy tech giants, Oracle Corp. (NYSE: ORCL) and International Business Machines Corp. (NYSE: IBM) may be staging their biggest comeback in years, according to senior Wedbush Securities analyst Dan Ives.
IBM’s first quarter performance in 2025 saw flat year-over-year sales, yet outpaced revenue and profit expectations set by Wall Street. Despite this, shares declined following the release as management acknowledged ongoing uncertainty and variability in client demand, particularly in consulting. CEO Arvind Krishna cited “solid revenue growth, profitability, and cash flow generation,” emphasizing the strength of IBM’s hybrid cloud and artificial intelligence (AI) strategy. Growth in software, especially through platforms like Red Hat and generative AI offerings, helped offset weakness in other segments. Management noted that while technology investments continue, discretionary projects in consulting remain susceptible to client delays and budget scrutiny.
