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 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.
D-Wave Quantum (QBTS) – D‑Wave is best known for its Advantage and newer Advantage2 quantum annealing systems. The Advantage2 model has over 4,400 qubits and 20-way connections, helping it solve tough problems faster and more easily. It’s now commercially available via the Leap cloud platform in 40+ countries. The stock has earned an analyst consensus of Strong Buy. With an average price target of $9.50, the stock’s implied upside is 30.49%.
Amazon (AMZN) – Through AWS, Amazon unveiled its first quantum computing chip, named Ocelot, earlier this year. The chip integrates built-in error correction using “cat qubits,” reducing error-repair overhead by up to 90%. This new chip positions Amazon as a key player in the quantum computing race alongside Alphabet’s (GOOGL) Google and Microsoft (MSFT). The stock has earned an analyst consensus of Strong Buy. With an average price target of $242.10, the stock’s implied upside is 11.51%.
Nvidia (NVDA) – Nvidia is pushing into quantum computing with a focus on hybrid systems combining QPUs and GPUs. Its CUDA‑Q platform enables developers to run integrated quantum-classical computing workflows and simulate quantum circuits on GPUs. Nvidia is also working on faster quantum systems by pairing QPUs with AI supercomputers to improve speed and power. NVDA stock has an analyst consensus of Strong Buy. Also, its average price target of $177.50 implies upside potential of 14.50%.