In this article, we will look at the 10 Best Performing Quantum Computing Stocks in 2025.
On November 12, Ray Harishankar, IBM Fellow at IBM Research, appeared on a CNBC interview to discuss how quantum computing is quickly transitioning towards daily use. Harishankar noted that the world has made immense progress in quantum technology in the last decade, compared to other times in history. He noted that one recent example of quantum computing progress occurred a few months ago when HSBC announced its use of IBM’s quantum computing to develop a quantum model for calculating bond derivatives. Notably, this model resulted in a 35% improvement in performance. Harishankar noted that this is just one incident among many others that suggest that quantum computing is real, already delivering results, and progressing every day.
He added that, in addition to HSBC, several other financial institutions, including Wells Fargo and Vanguard, have been experimenting with quantum computing to enhance their daily performance. Harishankar noted that they made the first quantum computer available at IBM Cloud in 2016. Since then, the company has deployed more than 80 quantum computers on the cloud, which are available for general use. In addition, the company has over 9 quantum computers deployed at specific client locations. Harishankar noted that currently, quantum computers experience certain errors or faults. He added that looking ahead, he expects the technology to be flawless and ready to use for daily business use by 2028 to 2029.
With that, let’s take a look at the 10 Best Performing Quantum Computing Stocks in 2025.
Our Methodology
To curate the list of 10 Best Performing Quantum Computing Stocks in 2025, we used Defiance Quantum ETF and rankings by other reputable financial media to aggregate a list of companies associated with the greater quantum industry. From this list, we shortlisted the stocks that have performed more than 30% year-to-date and are also popular among hedge funds. Lastly, we ranked the stocks in ascending order of the year-to-date performance. We have added the hedge fund sentiment around each stock sourced from Insider Monkey’s Q3 2025 database.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10 Best Performing Quantum Computing Stocks in 2025
10. FormFactor, Inc. (NASDAQ:FORM)
Number of Hedge Fund Holders: 26
Year-to-Date Performance: 31.54%
FormFactor, Inc. (NASDAQ:FORM) is among the Best Performing Quantum Computing Stocks in 2025. On December 15, FormFactor, Inc. (NASDAQ:FORM) announced the acquisition of Keystone Photonics to expand its capabilities in silicon photonics and co-packaged optics, used in wafer testing.
Management noted that this is a strategic move to target the rising demand from the AI data center, which calls for faster data communication with lower power utilization. Keystone is a tech company that specializes in optical probing technology and has also been a long-term partner of FormFactor, Inc. (NASDAQ:FORM). The acquisition will help the company by complementing its probing automation for high-speed, accurate optical wafer testing.
According to the press release, management expects the silicon photonics to surge at a CAGR of 30% to 2029. This acquisition positions FormFactor, Inc. (NASDAQ:FORM) attractively to support SiPh and CPO manufacturers transitioning from labs to high-volume production. The financial terms of this deal were not disclosed by the company.
That said, Wall Street also maintains a positive outlook on the stock. On December 16, Christian Schwab from Craig-Hallum reiterated a Buy rating on the stock without disclosing any price targets. Earlier, on December 10, Craig Ellis from B. Riley Securities also reiterated a Buy rating on the stock and raised the price target from $66 to $78.
FormFactor, Inc. (NASDAQ:FORM) provides essential test and measurement technologies for the semiconductor lifecycle, from early research and design debugging to high-volume production testing. The company also offers a range of cryogenic test and measurement solutions to quantum engineers.
9. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 31.54%
Year-to-Date Performance: 36.37%
NVIDIA Corporation (NASDAQ:NVDA) is among the Best Performing Quantum Computing Stocks in 2025. On December 24, CNBC reported that NVIDIA Corporation (NASDAQ:NVDA) will be making its largest purchase ever from a startup called Groq. The report noted that the tech giant will be buying high-performance AI acceleration chips worth around $20 billion in cash from Groq.
The 9-year old chip startup, Groq, on Wednesday noted that it has entered into a non-definitive agreement with Nvidia. However, Simon Edwards, CEO of Groq, noted that they will continue to operate as an independent company. The report highlighted Nvidia CEO Jensen Huang said that this purchase will help the company expand its capabilities. He also noted that NVIDIA Corporation (NASDAQ:NVDA) plans to integrate Groq’s low-latency processors into the NVIDIA AI factory architecture.
Wall Street has a positive outlook on the stock after this unusual update from Nvidia. On December 26, Vivek Arya from Bank of America Securities reiterated a Buy rating on the stock with a $275 price target. On the same day, C J Muse from Cantor Fitzgerald also reiterated a Buy rating on the stock with a price target of $300.
NVIDIA Corporation (NASDAQ:NVDA) designs and sells specialized processors, initially for gaming but now also crucial for AI, data centers, professional visualization, and the automotive industry. It developed the graphics processing unit (GPU) and the CUDA parallel computing platform, which allows its GPUs to perform tasks beyond graphics.
