Yes, First Trust Cloud Computing ETF (SKYY) holds IBM with 3.70% (as of 2026-07-16).

International Business Machines Corporation (IBM) is held by SKYY (3.70%).

What sector is IBM in?

International Business Machines Corporation is classified under GICS Information Technology (IT Services).

What is IBM's last close price?

IBM last closed at $219.05 on 2026-07-16.

IBM

International Business Machines Corporation

Information Technology · IT Services

$219.05last close

-22.3%~252d

Price

-22.30% over 1Y

Thesis

as of 2026-07-16

" The 2026 tape disagrees: revenue reaccelerated to +9% in Q1 2026 on an 11% Software book (Red Hat, Data, watsonx) and a +51% IBM Z mainframe cycle, with free cash flow running ~$15B. The re-rating leg is quantum - a >$10B five-year commitment plus a US Commerce Dept letter of intent (~$1B grant + a minority federal equity stake) to co-build the Anderon 300mm quantum foundry in Albany, positioning IBM as the policy-backed Western quantum champion targeting fault-tolerant systems by 2029.

Bull case: Software + quantum compound while the mainframe super-cycle funds the bet. Bear case: Consulting stays low-single-digit, quantum revenue is years out, and the late-May repricing (~$222 to ~$296 in eight sessions) already pulled forward much of the optionality.

•2026-05-21 - US Commerce Dept letter of intent: ~$1B federal grant plus a minority government equity stake in IBM, part of a $2B national quantum package; jointly funds the "Anderon" 300mm quantum wafer foundry in Albany, NY ($1B CHIPS Act incentives + $1B IBM)
•2026-05 - Project Lightwell: $5B and 20,000 engineers committed to securing open-source software at enterprise scale
•2026-05 - >$10B five-year quantum commitment reaffirmed; fault-tolerant quantum computer targeted by 2029
•2026-04-22 - Q1 2026 print: revenue $15.9B (+9% YoY); Software $7.05B (+11%, Red Hat +13%, Data +19%); Infrastructure $3.33B (+15%, IBM Z mainframe +51%); non-GAAP EPS $1.91 (vs $1.81 cons); FCF $2.2B; quarterly dividend raised to $1.69
•2026-03-17 - Closed ~$11.6B all-cash acquisition of Confluent (CFLT) at $31/share, adding real-time data streaming to the Software segment; CFLT delisted from Nasdaq
•FY2025 - Revenue $67.5B (+6% YoY); net income from continuing ops $10.6B; free cash flow ~$14.7B
•

Analyze IBM· interactive tools

Bubbles· capital-flow co-movement

Themes· editorial groupings

Top correlated· 252d co-movement

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0.44
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0.42

Frequently asked questions

Is IBM in SKYY?: Yes, First Trust Cloud Computing ETF (SKYY) holds IBM with 3.70% (as of 2026-07-16).
What ETFs hold IBM?: International Business Machines Corporation (IBM) is held by SKYY (3.70%).
What AI bubble is IBM in?: International Business Machines Corporation (IBM) is mapped to the Quantum bubble on QuantAbundancia. Diversified incumbent, not a quantum pure-play - but the most credible Western superconducting-qubit program (Qiskit, Heron/Condor roadmap) and now the policy-backed national champion: >$10B five-year commitment plus a US Commerce Dept LOI (~$1B grant + a minority federal equity stake) co-funding the Anderon 300mm quantum foundry in Albany, fault-tolerance targeted 2029. Quantum is a sub-1%-of-revenue option today; the bubble placement reflects narrative / co-movement (the May-2026 re-rating was quantum-policy-driven), not revenue mix.
What sector is IBM in?: International Business Machines Corporation is classified under GICS Information Technology (IT Services).
What is IBM's last close price?: IBM last closed at $219.05 on 2026-07-16.

IBM

Price

Thesis

Analyze IBM· interactive tools

Bubbles· capital-flow co-movement

Themes· editorial groupings

Top correlated· 252d co-movement

Frequently asked questions

Related research· long-form analysis touching IBM

Recent news· high-signal only

Held by ETFs

Key levels

Facts