International Business Machines Corporation (IBM) presented at the Bank of America Global Technology Conference 2025 on June 4, 2025. The company also presented at the Jefferies Public Technology Conference on May 29, 2025. On June 20, 2025, IBM announced a quantum milestone, highlighting its advancements in quantum computing. The company’s stock was trading at $280.97 USD with a -0.79% change. Analysts from Wedbush and BofA Securities have raised their price targets for IBM, citing confidence in its cloud and AI growth. IBM is working towards building a large-scale, fault-tolerant quantum computer by 2029.
Recent News and Developments
- IBM Announces Quantum Milestone on June 20, 2025
- Presented at Bank of America Global Technology Conference 2025
- Presented at Jefferies Public Technology Conference on May 29, 2025
- BofA Securities raised price target to $320 from $290, maintaining a Buy rating
- Wedbush raised price target to $325 from $300, keeping an Outperform rating
Stock Performance
IBM’s stock was at $280.97 USD with a -0.79% change. The pre-market value was $281.90 with a +0.33% change. The stock is being monitored in various markets, including the NYSE.
Analysis and Outlook
The company is well-positioned for the AI renaissance, according to analysts. IBM targets quantum leadership amid transformation. The roadmap to build a large-scale, fault-tolerant quantum computer by 2029 has been outlined. Businesses view AI agents as essential, not just experimental, according to an IBM study.
