10 Best Performing Quantum Computing Stocks in 2025

8. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Holders: 66

Year-to-Date Performance: 38.47%

International Business Machines Corporation (NYSE:IBM) is among the Best Performing Quantum Computing Stocks in 2025. Wall Street has had a mixed opinion on the stock since the company announced its acquisition of Confluent on December 8.

International Business Machines Corporation (NYSE:IBM) noted acquiring Confluent to create smart data platforms for enterprise generative AI, in a deal worth roughly $11 billion. Management noted that together, the integrated company will enable enterprises to deploy generative and agentic AI better and faster.

Market reaction has been largely neutral as the share price has fallen only slightly by $1.52 since the release. However, analysts have differing views on the news. On December 9, Stifel maintained a Buy rating on the stock and raised the price target from $295 to $325. On the same day, UBS maintained its Sell rating on International Business Machines Corporation (NYSE:IBM) with a $210 price target.

Analysts at Stifel noted that the acquisition is a solid strategic move as the real-time data streaming is becoming increasingly important with AI. Moreover, the firm also noted that the company has historically achieved optimal leverage from such acquisitions.

On the other hand, analysts at UBS called the deal dilutive for the company. The firm added that the deal is expected to close by the end of 2026 and is expected to add only 2% to the company’s consolidated revenue growth. UBS projects that if IBM finances the deal using balance sheet cash and debt, the transaction is expected to add $385 million to the company’s interest expense by 2027. Therefore, suggesting the highly dilutive nature of the deal, UBS maintained a Sell rating.

International Business Machines Corporation (NYSE:IBM) has been tagged as one of the pioneers in the quantum computing industry, with its IBM Quantum System One regarded as one of the earliest efforts at quantum computing.