IBM's CEO just gave a timeline for their quantum computing investments. He noted that we should see a measurable impact on their top and bottom line by 2028 or 2029, and he thinks the space will be a trillion dollar market by the late 2030s. The stock has struggled recently, down 19% so far in 2026 after a big drop last month from missing preliminary estimates. It is currently trading at a 21 P/E ratio, which is below the S&P 500 average of 26. While smaller quantum stocks like Rigetti have seen massive volatility, IBM seems to be positioning itself as the more stable, long-term play for the sector.