In this article, we will look at the 10 Best Performing Quantum Computing Stocks So Far in 2025.
On July 21, Haim Israel, Head of Global Thematic Research at Bank of America, joined CNBC to talk about the revolutionary potential of quantum computing. He noted that most of us were expecting quantum computing to be at least 20 years away. However, with the latest advancements in AI, the breakthroughs in quantum computing have been shocking. This is because AI is now empowering these quantum computing developers to crunch data, make the right algorithms, and analyze this complicated technology.
He noted that we have already started witnessing the first commercial applications of quantum computing in 2025. This has accelerated the potential timeline of quantum computing advancement. Haim noted that now, in 2030, we are expecting quantum advantage, which means that quantum computing would be running without any relay, similar to normal computers. Moving ahead five to six years from quantum advantage, Haim expects the start of quantum supremacy.
Haim noted that the age of quantum supremacy, which is approximately 10 years from now, would be far bigger than the dotcom or the AI revolution. He explained that this is because we live in the age of data, where the world is producing around 400 quintillion bytes of data every day. Quantum computing will enable the processing and analysis of this data almost instantaneously.
With that, let’s take a look at the 10 best performing quantum computing stocks so far in 2025.
A modern computer datacenter, running an advanced quantum computer system.
Our Methodology
To curate the list of 10 best performing quantum computing stocks so far in 2025, we used the QTUM Defiance Quantum ETF. Using the ETF, we aggregated a list of quantum stocks that have gained more than 25% on a year-to-date basis. Next, we ranked these stocks in ascending order of the number of hedge fund holders sourced from Insider Monkey’s Q1 2025 database. Please note that the data was recorded on August 6, 2025.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Best Performing Quantum Computing Stocks So Far in 2025
10. D-Wave Quantum Inc. (NYSE:QBTS)
YTD Performance: 78.77%
Number of Hedge Fund Holders: 13
D-Wave Quantum Inc. (NYSE:QBTS) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On August 5, Stifel initiated coverage of D-Wave Quantum Inc. (NYSE:QBTS) with a $26 price target and Buy rating.
The firm noted D-Wave Quantum Inc. (NYSE:QBTS) to be one of the pioneering quantum computing companies and one of the first to deliver commercial quantum annealing systems. The firm also highlighted that the company has enough funding to reach profitability and expects the quantum market to reach $10 billion by the end of 2030.
The firm believes that using base case assumptions, D-Wave Quantum Inc. (NYSE:QBTS) has the potential to capture at least 15% of this market value. Lastly, the firm also noted that the company has a strong commercial presence with paying customers, including a key system sale to Germany’s Julich Supercomputing Centre, which positions it well to reap the early movers’ benefit from the quantum industry.
D-Wave Quantum Inc. (NYSE:QBTS) develops and delivers quantum computing systems, software, and services. It also offers cloud access to its quantum computers and hybrid solvers through its Leap platform.
9. KLA Corporation (NASDAQ:KLAC)
YTD Performance: 43.83%
Number of Hedge Fund Holders: 61
KLA Corporation (NASDAQ:KLAC) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On August 1, Oppenheimer raised the firm’s price target on KLA Corporation (NASDAQ:KLAC) from $950 to $1,000, while maintaining an Outperform rating on the stock.
The increased price target follows the company’s Q4 2025 earnings release, where the company exceeded expectations. KLA Corporation (NASDAQ:KLAC) reported revenue of $3.17 billion, reflecting a 23.59% year-over-year increase and ahead of expectations by $94.87 million. Moreover, the EPS of $9.38 also beat consensus by $0.83.
The firm noted that the company forecasts for Q1 2026 also exceed consensus estimates by 3% and 4% for revenue and EPS, respectively. The firm highlighted that key drivers for this growth include strong demand for AI-related technology and its N2 logic chips. Moreover, the rising process control intensity and gains in the advanced packaging segment are contributing to growth.
KLA Corporation (NASDAQ:KLAC) makes advanced equipment and software used to inspect and control the manufacturing process of semiconductor chips. The company’s technologies are also used to manufacture quantum devices.
