Quantum computing may still be in its early days, but investor interest in the sector is heating up. If you’re looking for early-mover opportunities in this high-potential field, analysts focus on three standout stocks this week: IonQ, Rigetti Computing, and D-Wave Quantum.
IonQ (IONQ)
IonQ is one of the most talked-about names in quantum computing. The company builds general-purpose quantum systems and offers cloud access through tech giants like Amazon (AMZN), Microsoft (MSFT), and Google (GOOG). It’s frequently featured in analyst shortlists and has been trading actively.
Most Wall Street analysts currently rate IonQ as a “Buy,” with overall sentiment signals a Strong Buy, and a 47% upside potential. The stock has seen major swings in recent months, which means it can be risky, but the upside could be big. On April 23, IonQ closed at $26.80, up 4.85% for the day, with a market cap of nearly $6 billion.
Rigetti Computing (RGTI)
Another Strong Buy candidate, Rigetti develops superconducting quantum computers and is known for blending quantum and classical computing in its systems. Analysts love its momentum: all six who currently follow the stock rate it as a “Buy,” with a 70% upside potential.
Product releases and new partnerships have fueled the company’s growth, making it a strong contender in the quantum hardware space. Rigetti’s stock climbed 6.30% on April 23 to $9.11, with trading volume over 25 million shares, signaling serious investor interest.
D-Wave Quantum (QBTS)
D-Wave takes a different approach with its quantum annealing technology, which is already being used in commercial applications. It’s often seen as a pioneer and has earned “Strong Buy” ratings from multiple research firms, and 33% upside potential.
With its focus on real-world problems and steady commercial progress, D-Wave stands out for investors looking for a unique angle on quantum tech. Although shares have been volatile, spikes in trading activity are drawing attention.
Tipranks’ Comparison Tool helps investors gain a broader and general perspective on each stock, such as these three quantum computing stocks.
