Quantum computing, though still in its early stages, is expected to be the next big revolution after artificial intelligence (AI). This emerging technology can tackle complex problems more quickly than traditional computers due to its ability to process information using quantum bits (qubits) instead of regular bits. Thus, investing in quantum computing stocks could give long-term investors a chance to benefit from new technology and market growth.
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To find such stocks, take a look at TipRanks’ Quantum Computing Stocks page. It allows you to compare stocks based on analyst consensus, price targets, and key technical indicators, among others. Today, we’ve selected stocks with “Strong Buy” ratings from Top 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.
Rigetti Computing (RGTI) – Rigetti is benefiting from its 84-qubit Ankaa-3 chip, which hits 99.5% accuracy in key tasks. It also plans to launch a more-than-100-qubit chip by late 2025, supported by a $250 million deal with Quanta to speed up its path to market. Overall, the Top analyst consensus on the stock is Strong Buy, and its average price target of $15 implies an upside of 26.48%.
D-Wave Quantum (QBTS) – QBTS is known for its Advantage quantum computer, solving problems that classical supercomputers cannot. It is also advancing gate-based tech with fluxonium qubits, aiming for real-world impact and a 100,000-qubit scale. The stock has earned a Top analyst consensus of Strong Buy. With an average price target of $16.80, the stock’s implied upside is 5.13%.
Microsoft (MSFT) – Microsoft is building quantum computers using topological qubits, which are designed to be more stable. It recently made progress with reliable logical qubits, bringing it closer to building large, error-resistant systems. MSFT stock has earned a Top analyst consensus of Strong Buy and an average price target of $523.52, indicating a 6.6% upside.