7 Best Quantum Computing Stocks to Buy in 2025
Taking a long-term view on quantum computing stocks is a strategy favored by some investors right now. The potential of this technology is undeniable, and those looking to invest in the future might want to consider these companies.
Like spotting Bigfoot or a leprechaun with a pot of gold, seeing Nvidia shares move downward is rare, but that’s where NVDA is right now. The quantum computing industry took a big “friendly fire” financial hit in January when Nvidia Corp. (ticker: NVDA) CEO Jensen Huang noted in his CES 2025 conference speech that quantum’s commercial success was a long way off.
“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side,” Huang said in an analyst question-and-answer session. “If you said 30, it’s probably on the late side. But if you picked 20, I think a whole bunch of us would believe it.”
The line caught fire on social media, triggering a major sell-off of quantum computing industry stocks. IonQ Inc. (IONQ) and Quantum Computing Inc. (QUBT) took a beating, with losses of 39% and 43%, respectively.
Yet, some experts were quick to either hedge or outright reject Huang’s quantum computing timeline. In a research note, Rational Equity Armor Fund (HDCAX) portfolio manager Joe Tigay said that Huang provided “a realistic perspective rather than diminishing the immense potential of quantum computing.”
Furthermore, in a Jan. 8 interview on CNBC, D-Wave Quantum Inc. (QBTS) CEO Alan Baratz said his company’s technology is being used “today” by clients like Mastercard Inc. (MA).
If Tigay and Baratz are right, quantum computing stocks can be bought on a dip by determined investors looking at a long-term horizon. Here are seven quantum computing stocks that appear to fit the bill:
*As of Feb. 6.
Alphabet Inc. (GOOG, GOOGL)
GOOGL shares have flatlined year to date, up only 1.2% as of Feb. 6. That has more to do with burgeoning expenditures on significant projects like artificial intelligence and cloud data centers than with a subdued quantum computing market. The turmoil surrounding China-based AI model DeepSeek has also dinged U.S. stocks associated with AI development recently.
Yet Alphabet is taking big steps in quantum, with its breakthrough quantum computing processor, Willow, exponentially reducing the error rate inhibiting quantum computing’s growth and “paves the way to a useful, large-scale quantum computer,” as stated by Google in a recent product note.
According to Google, Willow is so powerful that in a matter of minutes, the quantum technology can complete a computation that would take the speediest classic computer 10 septillion years to generate. As the company dramatically points out, that number “vastly exceeds the age of the universe.”
Willow could solve the long-term commercial viability issue that Huang addressed. Quantum computing developers say one of the biggest challenges with the technology is stability, as current quantum computing bits start to fail the more they’re used. Willow’s calling card is that the more you use the chip, the fewer errors it makes. That represents an industry game-changer and a solid opportunity for GOOGL investors.
Microsoft Corp. (MSFT)
Trading at about $415 per share, MSFT stock is down 1.4% year to date and down 2.8% in the past month.
Like GOOGL, MSFT’s sluggish performance has little to do with the turmoil in quantum computing stocks. Similar to Alphabet and other Magnificent Seven companies, Microsoft’s latest earnings report was lackluster, putting downward pressure on MSFT shares. One big downside is Microsoft’s massive investment in AI, which has yet to deliver on all its promises, leading some investors to wonder if the company’s share price is overvalued.
Microsoft is wagering that the number of seeds planted in the quantum computing market will increase. In November, Microsoft announced a deal with Atom Computing to create a powerful new quantum supercomputer with 1,000 physical qubits, with a 2025 rollout in the works. The new computing partnership with Atom should help Microsoft get its powerhouse quantum technologies out of the laboratory and into the commercial marketplace faster than expected.
A mid-January note from Mitra Azizirad, Microsoft’s chief operating officer of strategic mission and technologies, was also credited with lifting quantum stocks the week after Huang’s “20 years” comment earlier in the month.
FormFactor Inc. (FORM)
FormFactor, a California-based technology test and measurement solutions service provider, illustrates the “buy the dip” vibe quantum computing is generating in early February. While the stock is down 13% year to date, investment analyst Stifel maintained its “hold” position with a $48 target price. FormFactor’s latest quarterly numbers met expectations, with revenues up 12.7% year over year to $189.5 million. Guidance for the current quarter’s revenue and earnings disappointed, driving FORM’s share price down. However, the company is deeply embedded in the emerging advanced probe card market, which is expected to grow by $1.7 billion from 2025 to 2029, an impressive annual growth rate of 9.4%, according to global technology research firm Technavio.
FormFactor is exceptionally well positioned in the PQ500 probe socket realm, which pinpoints cryogenic temperatures in developing quantum chips. “By eliminating the need for wire bonding, this reusable probe socket simplifies the testing of quantum chips, providing high-frequency signal transmission up to 20 GHz in cryogenic environments,” the company stated. “With the PQ500, researchers can achieve high-integrity, low-complexity measurements, essential for advancing quantum computing technology.”
IonQ Inc. (IONQ)
IonQ has bounced around in 2025, and its share price is down 1.2% year to date as of Feb. 6. The College Park, Maryland-based quantum computer manufacturer had been an industry supernova that gained roughly 300% in the recent year but lost some luster after the Huang comments. Still, there’s plenty of evidence that IONQ will continue to rebound, likely in a big way.
For starters, IONQ is still in its formative stage and is focusing on research and development, pouring approximately $30 million per quarter into R&D. While that’s a sound strategy for a young technology company, it doesn’t lead to big cash numbers (IONQ earned $12 million in the quarter ended Sept. 30, for example). Still, the company is moving in the right direction. Revenues rose 102% in the third quarter of 2024, with $63.5 million in new bookings. IonQ also announced a $54.5 million contract with the U.S. Air Force Research Lab in September, to create tech for quantum systems. Wall Street analysts generally back the stock, with six analysts tracked by TipRanks in “buy” or “hold” mode, with no sellers and roughly 9% upside on their consensus target price. IONQ shares have gained 150.9% in the past three months, signaling investors are on board too.
International Business Machines Corp. (IBM)
IBM shares are up 41.8% over the past year, trading around $253 as of Feb. 6. An attractive 2.6% forward dividend yield sweetens the pot for investors. Fourth-quarter earnings clocked in comfortably ahead of analyst estimates, with IBM reporting $3.92 per share against a consensus estimate of $3.78. Big Blue’s bank account is also full, with the company expecting $13.5 billion in free cash flow this fiscal year.
While IBM only rolled out its first commercial quantum computer in 2018, it’s made plenty of progress. The company announced that 2025 would usher in IBM’s largest quantum computer ever, with a record-shattering number of qubits (quantum computer bits). IBM says it plans to build a quantum computer three times the size of the world’s biggest quantum machine.
“In 2025, we will demonstrate the first quantum-centric supercomputer by integrating modular processors, middleware and quantum communication,” IBM reports. “We will also enhance the quality, execution, speed and parallelization of quantum circuits.”
That’s likely one reason why Stifel upped its target price on IBM shares to $290 from $271 on Feb. 5.
Nvidia Corp. (NVDA)
Like spotting Bigfoot or a leprechaun with a pot of gold, seeing Nvidia shares move downward is rare, but that’s where NVDA is right now. Company shares are down 4.2% year to date and 11.6% over the past three months. That sharp decline is attributed mainly to China-based AI model DeepSeek’s rise as a lower-cost alternative. Cheap competition is viewed darkly by some investors, who fear big AI players like Amazon.com Inc. (AMZN), Google, Meta Platforms Inc. (META) and Apple Inc. (AAPL) might abandon pricier semiconductor chipmakers like Nvidia.
Yet Nvidia got a boost from Alphabet’s early-February announcement that it plans to spend a whopping $75 billion in 2025, much of it steered toward AI initiatives, with Google continuing to use Nvidia chips. That bolstered the stock and gave Nvidia a more positive long-term outlook.
The technology giant is still fully committed to quantum computing, with its first-ever Quantum Day Conference set for March 20. There, Nvidia CEO Huang is expected to host industry bigwigs to mull over where quantum computing is headed going forward.
Operationally, the company’s quantum computing efforts are moving quickly, too. On Nov. 18, Nvidia announced that it was working with Google Quantum AI to “accelerate the design of its next-generation quantum computing devices using simulations powered by the Nvidia CUDA-Q platform.” Nvidia notes that Google quantum computing engineers can now wield 1,024 Nvidia H100 Tensor Core GPUs in the Nvidia Eos supercomputer to perform some of the world’s largest and fastest dynamic simulations of quantum devices “at a fraction of the cost.”
Rigetti Computing Inc. (RGTI)
Berkeley, California-based Rigetti produces full-stack quantum computing services for global enterprise, government, and research companies via its Rigetti Quantum Cloud Services platform. The company counts NASA, the U.S. Air Force Research Laboratory, and HSBC Holdings PLC (HSBC) as part of its rapidly developing client list.
RGTI was also caught up in the January quantum stock slide, yet, like IonQ, its slip should be temporary. While the stock is down 12.9% year to date, RGTI shares have skyrocketed by 971.8% over the past year. RGTI has also rebounded 8% during the past week.
Rigetti builds its own quantum processing units and quantum systems, and it hosts cloud computing for quantum application development. That puts the company in an ideal position to leverage an expanding quantum market, and it’s taking advantage of its opportunity. In December, the company introduced its Novera QPU, a $900,000, 9-qubit commercial version of its quantum computer and its first commercially available QPU. Horizon Quantum Computing and the Air Force are among the early buyers.
Rigetti’s finances are getting in shape, too. Last November, RGTI received a big boost to its bottom line when it announced the successful completion of a $100 million at-the-market equity offering. Analysts like what they see in RGTI, with Needham raising its price target from $2 to $17 on Jan. 27. RGTI closed at $13.29 on Feb. 6.
