We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can IBM's Latest Innovation Hub Advance Quantum Computing Ecosystem?
Read MoreHide Full Article
Key Takeaways
IBM will bring a Quantum System Two to Switzerland's National Supercomputing Centre in Lugano.
IBM and Lockheed Martin will explore quantum sensing for navigation and advanced metal-alloy manufacturing.
The ETH Zurich venture supports a 10-year effort to develop algorithms for the AI and quantum era.
International Business Machines Corporation (IBM - Free Report) is expanding its quantum computing footprint by establishing a new quantum innovation hub at ETH Zurich in collaboration with Lockheed Martin Corporation (LMT - Free Report) . The project plans to bring an IBM Quantum System Two to the Swiss National Supercomputing Centre in Lugano.
Under an offset agreement with armasuisse, Switzerland’s Federal Office for Defense Procurement, IBM will operate the quantum computer, powered by its Quantum Nighthawk processor. The system will support research in areas such as chemistry, materials science, optimization and financial services, while giving Swiss businesses, startups and academic institutions access to its quantum computing technology. The company will also support quantum education through courses, certifications, workshops and hackathons.
IBM’s collaboration with Lockheed Martin will further explore quantum technologies for aerospace and defense applications. Two planned joint development projects will examine quantum sensing for navigation and improvements in additive manufacturing involving metallic alloys. These initiatives combine the company’s expertise in quantum computing and artificial intelligence (AI) with Lockheed Martin’s capabilities in quantum sensing and advanced manufacturing.
The venture also strengthens IBM’s long-standing relationship with ETH Zurich and supports a new 10-year effort to develop foundational algorithms for AI and quantum computing. These developments reflect the company’s ongoing efforts to advance quantum computing and AI technologies.
How Are Competitors Advancing in Quantum Computing?
IBM faces competition from Microsoft Corporation (MSFT - Free Report) and Alphabet Inc. (GOOGL - Free Report) . Microsoft is strengthening its quantum computing research through collaborations to explore new approaches to quantum technologies. The company is working to identify potential applications of quantum computing in areas such as chemistry, materials science and optimization. Microsoft is developing quantum technologies to solve complex problems that are difficult for traditional computers.
Alphabet is expanding its quantum computing research through Google Quantum AI, focusing on technologies that can improve quantum systems' performance. The company is exploring quantum computing applications in areas such as optimization, simulation and advanced scientific calculations. Alphabet is collaborating with universities and research organizations on quantum computing projects.
IBM’s Price Performance, Valuation & Estimates
IBM shares have lost 8.9% over the past year against the industry’s growth of 193.3%.
Image Source: Zacks Investment Research
From a valuation standpoint, IBM trades at a forward price-to-sales ratio of 3.04, below the industry average of 4.72.
Image Source: Zacks Investment Research
Earnings estimates for 2026 have declined 0.7% to $12.33 over the past 60 days, while the same for 2027 have decreased 1.9% to $13.22.
View the Zacks #1 Rank List
Image: Bigstock
Can IBM's Latest Innovation Hub Advance Quantum Computing Ecosystem?
Key Takeaways
International Business Machines Corporation (IBM - Free Report) is expanding its quantum computing footprint by establishing a new quantum innovation hub at ETH Zurich in collaboration with Lockheed Martin Corporation (LMT - Free Report) . The project plans to bring an IBM Quantum System Two to the Swiss National Supercomputing Centre in Lugano.
Under an offset agreement with armasuisse, Switzerland’s Federal Office for Defense Procurement, IBM will operate the quantum computer, powered by its Quantum Nighthawk processor. The system will support research in areas such as chemistry, materials science, optimization and financial services, while giving Swiss businesses, startups and academic institutions access to its quantum computing technology. The company will also support quantum education through courses, certifications, workshops and hackathons.
IBM’s collaboration with Lockheed Martin will further explore quantum technologies for aerospace and defense applications. Two planned joint development projects will examine quantum sensing for navigation and improvements in additive manufacturing involving metallic alloys. These initiatives combine the company’s expertise in quantum computing and artificial intelligence (AI) with Lockheed Martin’s capabilities in quantum sensing and advanced manufacturing.
The venture also strengthens IBM’s long-standing relationship with ETH Zurich and supports a new 10-year effort to develop foundational algorithms for AI and quantum computing. These developments reflect the company’s ongoing efforts to advance quantum computing and AI technologies.
How Are Competitors Advancing in Quantum Computing?
IBM faces competition from Microsoft Corporation (MSFT - Free Report) and Alphabet Inc. (GOOGL - Free Report) . Microsoft is strengthening its quantum computing research through collaborations to explore new approaches to quantum technologies. The company is working to identify potential applications of quantum computing in areas such as chemistry, materials science and optimization. Microsoft is developing quantum technologies to solve complex problems that are difficult for traditional computers.
Alphabet is expanding its quantum computing research through Google Quantum AI, focusing on technologies that can improve quantum systems' performance. The company is exploring quantum computing applications in areas such as optimization, simulation and advanced scientific calculations. Alphabet is collaborating with universities and research organizations on quantum computing projects.
IBM’s Price Performance, Valuation & Estimates
IBM shares have lost 8.9% over the past year against the industry’s growth of 193.3%.
Image Source: Zacks Investment Research
From a valuation standpoint, IBM trades at a forward price-to-sales ratio of 3.04, below the industry average of 4.72.
Image Source: Zacks Investment Research
Earnings estimates for 2026 have declined 0.7% to $12.33 over the past 60 days, while the same for 2027 have decreased 1.9% to $13.22.
Image Source: Zacks Investment Research
IBM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.