Quantum computing, though still in its early stages, is expected to be the next big revolution after artificial intelligence. 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.
Here are today’s top quantum computing stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Alphabet (GOOGL) – Alphabet is a tech giant known for its search engine Google. Last month, the company made headlines after it introduced its Willow quantum chip, which significantly reduces errors in quantum computing. Interestingly, the stock has an analyst consensus of Strong Buy and its average price target of $212 implies an upside of 12%.
Microsoft (MSFT) – Microsoft is a multinational tech company known for its software products, including the Windows operating system and its Azure cloud computing services. In November 2024, MSFT disclosed a deal with Atom Computing to build a powerful quantum supercomputer with 1,000 physical qubits, planning for a 2025 release. Overall, the analyst consensus on the stock is Strong Buy. With an average price target of $503.61, the stock’s implied upside is 19.48%.
Nvidia (NVDA) – NVDA manufactures computer graphics processor units (GPUs), chipsets, and related multimedia software. Nvidia has been collaborating with other companies to help integrate quantum computing technologies with their platforms. The stock has earned an analyst consensus of Strong Buy and an average price target of $177.08, indicating a 31.86% upside.
