Quantum computing remains a major tech theme heading into May 2026. Breakthroughs in hardware, networking, and quantum-AI models have pushed the sector into a more advanced phase. Also, both pure-play quantum companies and big‑tech leaders are showing real progress. According to analysts, three names stand out this month: Alphabet (GOOGL), D‑Wave Quantum (QBTS), and IonQ (IONQ).
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New trading tool for QBTS bullsTo narrow the list, we used TipRanks’ Quantum Computing Stocks page, which lets investors review stocks based on analyst ratings, price targets, and key performance indicators in one place. From that list, we selected three stocks that carry a “Strong Buy” rating from Wall Street analysts.
Here are today’s top quantum computing stock picks. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
1. Alphabet (GOOGL)
Alphabet remains one of the strongest players in quantum computing, backed by years of research and major investments in processors, error correction, and quantum‑AI integration. Google’s team continues to hit important milestones toward scalable, fault‑tolerant systems.
Analysts view Alphabet as a lower-risk way to gain quantum exposure thanks to its huge cash flow, diversified business model, and ability to fund long‑term R&D. With quantum computing increasingly tied to AI and cloud infrastructure, GOOGL stock remains a top pick for investors seeking stability and innovation.
Currently, Alphabet stock has an analyst consensus of Strong Buy. With an average price target of $413.06, the stock has an implied upside potential of 7.1%.
2. D‑Wave Quantum (QBTS)
D‑Wave is one of the most watched pure‑play quantum companies, thanks to its focus on quantum annealing for real‑world optimization problems. The company is gaining traction with its new Advantage2 system and growing commercial use across logistics, manufacturing, and government.
QBTS is also developing gate-model systems to complement its existing annealing technology, marking a dual-platform approach. This makes it one of the most commercially advanced players in the space.
QBTS stock has an analyst consensus of Strong Buy and carries an average price target of $36.91, indicating a 80.13% upside potential.
3. IonQ (IONQ)
IonQ has delivered some of the biggest breakthroughs in quantum computing. In April, the company announced it had connected two physically separate quantum systems, a major step toward future quantum networks.
Its trapped‑ion approach offers long coherence times and high fidelity, and IonQ is steadily scaling performance while expanding cloud access through Amazon Braket, Azure, and Google Cloud. With accelerating revenue and growing government partnerships, IONQ is seen as one of the sector’s long‑term leaders.
IONQ stock has an analyst consensus of Strong Buy, with an average price target of $61.82, suggesting an upside of 33.81%.
