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.
8. Cloudflare, Inc. (NYSE:NET)
YTD Performance: 85.53%
Number of Hedge Fund Holders: 65
Cloudflare, Inc. (NYSE:NET) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On August 1, Mizuho analyst Gregg Moskowitz raised the firm’s price target on Cloudflare, Inc. (NYSE:NET) from $220 to $240, while maintaining an Outperform rating on the stock.
The improved price target on Cloudflare, Inc. (NYSE:NET) follows its Q2 2025 earnings release. The analyst noted that the company reported strong results, and he remains confident in the company’s artificial intelligence opportunity. The company grew its revenue for the quarter by 27.76% reaching $512.32 million. This was ahead of consensus by $10.73 million. Moreover, the EPS of $0.21 also exceeded expectations by $0.03. The analyst sees a multi-year performance run for the company.
Cloudflare, Inc. (NYSE:NET) is a cloud company offering a broad range of internet security, performance, and reliability services for websites, applications, and APIs. The company is also actively engaged in developing and providing quantum-safe cryptography solutions to secure internet traffic against threats posed by future quantum computers.
7. Synopsys, Inc. (NASDAQ:SNPS)
YTD Performance: 31.75%
Number of Hedge Fund Holders: 67
Synopsys, Inc. (NASDAQ:SNPS) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On July 28, James Schneider, an analyst from Goldman Sachs, raised the firm’s price target on Synopsys, Inc. (NASDAQ:SNPS) from $620 to $700, while maintaining a Buy rating on the stock.
The analyst noted the company’s recent strategic acquisition of Ansys, which he believes strengthens the company’s product range while also helping tackle the challenges related to semiconductor design. The analyst anticipates this acquisition to open new customer markets in growing areas such as datacenters, electric vehicles, and industrial automation.
Schneider noted that initially, this deal is expected to reduce earnings per share through fiscal 2026; however, it will become normalized by 2027 and lead to long-term financial growth. Therefore, despite trade restrictions and the tariff situation, the analyst raised the price target and maintained a Buy rating on the stock.
Synopsys, Inc. (NASDAQ:SNPS) is a tech company that provides engineering solutions enabling customers to design and innovate AI-powered products from silicon chips to complete systems.
6. Palantir Technologies Inc. (NASDAQ:PLTR)
YTD Performance: 113.67%
Number of Hedge Fund Holders: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On August 4, Tyler Radke from Citi increased the firm’s price target on Palantir Technologies Inc. (NASDAQ:PLTR) from $115 to $158, while maintaining a Hold rating on the stock.
The analyst noted that he raised the price target on the company due to its strong performance, but maintained a Hold rating due to some challenges. The company grew its revenue significantly during the fiscal second quarter for both commercial and government sectors. Moreover, the bookings and operating margins also improved significantly during the quarter. This growth mainly came from the US commercial market, while the international commercial market revenue declined, indicating challenges for the company outside of the United States.
Regardless, Palantir Technologies Inc. (NASDAQ:PLTR) has raised its fiscal year 2025 guidance and now expects FY2025 revenue between the range of $4.142 billion and $4.150 billion.
Palantir Technologies Inc. (NASDAQ:PLTR) builds software platforms mainly for data integration, analysis, and operations. Its key products include Palantir Gotham and Palantir Foundry.
5. Lam Research Corporation (NASDAQ:LRCX)
YTD Performance: 35.85%
Number of Hedge Fund Holders: 91
Lam Research Corporation (NASDAQ:LRCX) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On July 31, Argus raised the firm’s price target on Lam Research Corporation (NASDAQ:LRCX) from $105 to $120, while keeping a Buy rating on the stock.
The improved bullish sentiment follows the company’s Q4 2025 report, where the company exceeded expectations. Lam Research Corporation (NASDAQ:LRCX) posted a revenue of $5.17 billion, up 33.58% year-over-year and ahead of consensus by $167.07 million. The EPS of $1.33 also beat expectations by $0.12.
The firm noted that this marks a solid growth quarter after a down fiscal year 2024. The firm also highlighted that the tariffs remain an uncertain factor; however, the sector still remains exempt from tariffs.
Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, and services equipment used to produce semiconductor wafers, which are essential components of integrated circuits.
4. Advanced Micro Devices, Inc. (NASDAQ:AMD)
YTD Performance: 46.55%
Number of Hedge Fund Holders: 97
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On July 24, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its strategic partnership with HCLTech to accelerate enterprise digital transformation worldwide.
Under this collaboration, both companies will leverage their strengths to build a strong digital ecosystem focused on AI, digital, and cloud technologies. The companies will also invest in innovation labs and training programs, while also building joint development centers to test advanced technologies. These centers will conduct proof-of-concept trials to speed up bringing innovative enterprise solutions to market.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is an international semiconductor company that designs and produces high-performance computing, graphics, and visualization technologies.
3. Oracle Corporation (NYSE:ORCL)
YTD Performance: 52.10%
Number of Hedge Fund Holders: 97
Oracle Corporation (NYSE:ORCL) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On July 15, Oracle Corporation (NYSE:ORCL) announced that it plans to invest $1 billion over the next 5 years to expand its cloud and AI services in the Netherlands. The company plans to do this to support the growing demand for AI infrastructure as businesses, startups, and public organizations adopt new technologies.
Management noted that Oracle Corporation (NYSE:ORCL) stands out due to its more than 200 cloud and AI services, which help secure consumer data across clouds. The company aims to support many industries, including finance, logistics, life sciences, and energy.
Oracle Corporation (NYSE:ORCL) provides integrated enterprise software applications and secure cloud infrastructure. It operates in three main areas, including cloud and software licenses, hardware products, and support services.
2. Broadcom Inc. (NASDAQ:AVGO)
YTD Performance: 28.34%
Number of Hedge Fund Holders: 158
Broadcom Inc. (NASDAQ:AVGO) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On August 4, Broadcom Inc. (NASDAQ:AVGO) announced shipment of the Jericho4 Ethernet fabric router, targeting next-generation AI infrastructure.
This new Ethernet fabric router is designed to connect over one million processing units across numerous data centers. Management noted that Jericho4 offers extremely high bandwidth, advanced security with MACsec encryption, and lossless performance, ensuring data is not lost in transit. The technology supports 3.2 Tbps HyperPorts and can operate efficiently over distances longer than 100km.
Moreover, Jericho4 also reduces inefficiencies by merging four 800GE links into a single 3.2T HyperPort, improving data utilization by up to 70%. This enables the company to support large-scale distributed AI and high-performance computing.
Broadcom Inc. (NASDAQ:AVGO) is a technology company that designs and supplies semiconductors and enterprise software solutions.
1. NVIDIA Corporation (NASDAQ:NVDA)
YTD Performance: 30.14%
Number of Hedge Fund Holders: 212
NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On August 4, NVIDIA Corporation (NASDAQ:NVDA) released CUDA-Q version 0.12, a new tool to speed up research in quantum computing.
One of the key features of CUDA-Q is the new run API, which allows users to get detailed data on each run in a quantum simulation. This shot-level data helps researchers analyze noise, select precise results, and benchmark circuits more effectively. Moreover, the updated version also improves the CUDA-Q dynamics backend and now supports better multidiagonal sparse matrix operations and batching of quantum states. CUDA-Q is an open-source platform that integrates classical and quantum computing.
NVIDIA Corporation (NASDAQ:NVDA) is a leading tech company that develops advanced computing technologies focused on accelerated computing and graphics.
While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.
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