In this article, we will look at the 10 Best Quantum Computing Stocks to Buy and Hold Forever.
The quantum computing sector came under the spotlight recently in May 2026 after the US government announced a $2 billion grant for nine companies in the sector. According to CNBC, The Wall Street Journal first broke the story, which highlighted that the National Institute of Standards and Technology signed letters of intent with the companies and took a minority, non-controlling stake in them.
According to the report, International Business Machines (IBM) received the largest award, roughly $1 billion, and its shares rose around 12% on the news. This funding is said to back Anderon, a new IBM-founded company building a 300-millimeter quantum wafer foundry in Albany, New York. The report also noted that IBM is matching the grant with its own $1 billion investment.
In addition to IBM, GlobalFoundries got $375 million, while D-Wave, Rigetti, and Infleqtion each got $100 million each. Two other companies, including PsiQuantum and a startup Diraq, also got a $100 million grant.
The news was taken positively by the investors as the stocks that received the grant rose significantly following the announcement. CNBC noted that this grant comes from the 2022 CHIPS and Science Act, though the deals still need to be finalized. While the Commerce Department didn’t give a public reply, IBM framed the initiative as critical to US competitiveness. It said quantum computing could generate up to $850 billion in economic value by 2040 while strengthening national security.
Against this backdrop, lets take a look at some of the best quantum computing stocks to buy and hold.
Our Methodology
To curate the list of 10 Best Quantum Computing Stocks to Buy and Hold Forever, we used various reputable financial media to aggregate a list of Quantum stocks. Next, we ranked them in ascending order of the number of hedge fund holders sourced from Insider Monkey’s hedge fund 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. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10 Best Quantum Computing Stocks to Buy and Hold Forever
10. Quantinuum Inc. (NASDAQ:QNT)
Number of Hedge Fund Holders: N/A
Quantinuum Inc. (NASDAQ:QNT) is one of the Best Quantum Computing Stocks to buy and Hold Forever. The company rose significantly following its IPO in June 2026, supported by a historic $1.68 billion capital raise. The Street expects more than 35% upside from the current level.
Recently, on June 29, Craig-Hallum initiated coverage on Quantinuum Inc. (NASDAQ:QNT) with a Buy rating and a $100 price target. The firm noted Quantinuum to be a leader in quantum computing across several measures, including quantum metrics, time to market, and its full-stack solution. The firm sees the company as a low-risk investment in quantum computing. The firm also likes the company’s mature hardware, backed by a complete software stack, as a key differentiator.
Craig-Hallum noted that Quantinuum’s roadmap indicates future innovations that carry low risk. The firm highlighted that the company has a strong track record of executing on past technical milestones. Moreover, the company also maintains a strong balance sheet to fund continued investment while working toward breakeven by the end of the decade.
Quantinuum Inc. (NASDAQ:QNT) is a provider of quantum computing platform, which offers solutions like hardware platforms, developer tools, application libraries and solution-targeted intellectual property.
9. Quantum Computing Inc. (NASDAQ:QUBT)
Number of Hedge Fund Holders: 22
Quantum Computing Inc. (NASDAQ:QUBT) is one of the Best Quantum Computing Stocks to Buy and Hold Forever. Although the stock has declined around 12.6% over the past month, the Street sees more than 107% upside from the current level. The bullish sentiment from analysts is based on the expectation of accelerating commercialization of quantum and photonic technology.
Recently, on July 6, Lake Street reiterated a Buy rating on Quantum Computing Inc. (NASDAQ:QUBT) with a price target of $16. The firm noted that the bullish sentiment comes from the company’s recent acquisition of NHanced Semiconductors. The deal was completed on June 23 and is valued at $73.1 million in cash and stock, plus up to $72.0 million in additional earnout payments.
Lake Street sees this as a follow-on to the Luminar Semiconductor acquisition that closed in February. The firm noted that together, the deals deepen Quantum Computing’s photonics manufacturing and advanced-packaging capabilities. Moreover, management is framing the acquisition as the launch of Fab 2, arriving years ahead of the company’s roadmap.
The firm added that this deal can speed up the company’s shift from a research- and prototyping-focused company toward scalable commercial production. Moreover, it also adds semiconductor and nanophotonics fabrication capacity, advanced-packaging expertise, and specialized engineering talent.
Quantum Computing Inc. (NASDAQ:QUBT) makes photonics-based equipment for both commercial and government clients. It specializes in thin-film lithium niobate (TFLN) photonic chips that convert electrical signals into optical signals. It is headquartered in Hoboken, New Jersey.
8. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders: 26
D-Wave Quantum Inc. (NYSE:QBTS) is one of the Best Quantum Computing Stocks to Buy and Hold Forever. Analysts project more than 99% upside from the current level over the next 12-months. This comes despite the stock being down 15.6% over the past month. The bullish sentiment is based on an impressive 2000% year-over-year surge in quarterly bookings.
Several analyst firms have raised price targets on the stock in the past month. Recently, on June 15, Mizuho raised the price target on D-Wave Quantum Inc. (NYSE:QBTS) from $29 to $35, while maintaining an Outperform rating on the stock. The rating came after the company’s first Analyst Day presentation.
The firm noted D-Wave’s annealing and superconducting roadmap targets a quantum computing total addressable market of roughly $450 billion to $850 billion by 2040. Moreover, gate-based quantum computing could add another 75% to that market, on top of annealing. During the presentation, the company also showcased quantum error correction cycle times under 5 microseconds, with scaling that outperforms competing approaches.
The company also updated its long-term financial targets. It expects gross margins of 65% to 75% for Quantum Computing as a Service, 40% to 50% for Professional Services, and 75% to 90% for Computing Systems.
D-Wave Quantum Inc. (NYSE:QBTS) is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services.
7. Rigetti Computing, Inc. (NASDAQ:RGTI)
Number of Hedge Fund Holders: 29
Rigetti Computing, Inc. (NASDAQ:RGTI) has declined more than 21% over the past month, mainly due to share dilution concerns and extreme valuation multiples. However, the Street remains bullish on the stock, with analysts’ 12-month price target suggesting more than 80% upside from the current level.
The bullish sentiment is based on Rigetti Computing, Inc. (NASDAQ:RGTI)’s impressive fiscal Q1 2026 revenue growth, representing around 193% year-over-year growth to $4.4 million. Management attributed growth to on-premises Novera QPU deliveries and new government research contracts. This has led to analysts projecting revenue to triple by the end of 2026, compared to last year.
On the other hand, the decline in share price has been linked to valuation, which remains under intense scrutiny. Analysts highlight the company’s price-to-sales ratio compared with that of its peers. The company needs to justify its premium valuation by consistent commercial adoption and rapid growth.
Overall, Rigetti Computing, Inc. (NASDAQ:RGTI) was held by 29 hedge funds in Q1 2026 as per Insider Monkey’s database.
Rigetti Computing, Inc. (NASDAQ:RGTI) is a full-stack quantum computing company. It operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform.
6. IonQ, Inc. (NYSE:IONQ)
Number of Hedge Fund Holders: 39
IonQ, Inc. (NYSE:IONQ) has declined more than 20% over the past month, but the Street continues to expect more than 60% upside from the current level. The bullish sentiment is based on the company’s record backlog and commercial momentum. It is also one of the Best Quantum Computing Stocks to Buy and Hold Forever.
IonQ, Inc. (NYSE:IONQ) is expected to release its fiscal Q2 2026 earnings on August 5. The Street expects the company to post revenue of roughly $66.5 million. During Q1 2026, the company posted $64.67 million in revenue, which topped the expectations of $49.79 million. The revenue for the quarter grew by 755% year-over-year. Notably, the remaining performance obligation, which is the company’s backlog, grew by more than 550% to $470 million, with commercial customers accounting for approximately 60% of total revenue.
Management also raised its full-year guidance to between $260 million and $270 million, up from the previous range of $225 million to $245 million.
IonQ, Inc. (NYSE:IONQ) is also pursuing a $1.8 billion acquisition of SkyWater Technology to vertically integrate semiconductor manufacturing and accelerate hardware development timelines.
IonQ, Inc. (NYSE:IONQ) is engaged in the quantum computing and networking industry, delivering high-performance systems capable of solving complex commercial and research use cases.
5. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders: 59
International Business Machines Corporation (NYSE:IBM) is one of the Best Quantum Computing Stocks to Buy and Hold Forever. The company runs a growing fleet of superconducting quantum processors, offers cloud access to them through IBM Quantum, and has a public roadmap targeting fault-tolerant quantum computing by the end of the decade.
Recently, on July 9, International Business Machines Corporation (NYSE:IBM) announced major updates to Bob, which is the company’s agentic software development platform. The updates add multi-agent capabilities, built-in cost analytics, and pre-built workflows for modernizing enterprise systems.
Management noted that the updates are a response to shifts in software development challenges. The company’s survey shows most DevSecOps professionals now see reviewing and validating AI-written code as the bigger bottleneck, rather than writing it. The platform is designed to support engineering work across the full development lifecycle, not just a single coding interface.
Management added that a new feature called Bobalytics gives organizations visibility into productivity, quality, performance, and AI spend, helping them balance cost against performance more effectively. Moreover, other new capabilities include parallel, model-native tool calling, which lets models request multiple tools in a single turn, and “subagents” that isolate context for complex tasks to control cost and improve response speed.
International Business Machines Corporation (NYSE:IBM) operates as an integrated solutions and services provider across the Asia Pacific, the Americas, the Middle East, Europe, and Africa. The company operates in the Infrastructure, Software, Financing, and Consulting segments.
4. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders: 112
Intel Corporation (NASDAQ:INTC) ranks 4th among our Best Quantum Computing Stocks to Buy and Hold Forever. The company ranks among quantum stocks due to its bet on silicon spin qubits, a technology that leverages Intel’s existing chip manufacturing expertise rather than requiring entirely new fabrication methods.
Recently, on July 10, Stifel raised the price target on Intel Corporation (NASDAQ:INTC) from $75 to $120, while maintaining a Hold rating on the shares. The firm noted that they expect the company’s upcoming results to be in line with or modestly above expectations. The firm flagged risk around longer-term commentary on CPUs and GPUs, given how elevated expectations already are.
Stifel noted that the stock’s movement is likely to be dependent on end-demand signals, particularly server CPU average selling prices and volumes. Moreover, supply-side commentary on GPU yields and volumes will also matter, since these are key to driving improvement at Intel’s Foundry business. Lastly, the firm noted that with Intel’s turnaround now underway, margins and earnings should face less downside pressure over the next few quarters compared to prior periods.
Intel Corporation (NASDAQ:INTC) is a semiconductor company specializing in computing & related end products and services through its CCG, DCAI, and Intel Foundry segments.
3. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 265
Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Quantum Computing Stocks to Buy and Hold Forever. The company has a dedicated research division building superconducting quantum processors like Sycamore and the newer Willow chip.
Recently, on July 2, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) aims to raise more than $80 billion in equity offerings and a major investment from Berkshire Hathaway to fund its expensive AI infrastructure buildout. The deal also signals Berkshire’s confidence in the company’s AI and cloud strategy.
The report noted that Berkshire will buy $10 billion in stock through a private placement. This will include $5 billion in Class A shares at $351.81 each and $5 billion in Class C shares at $348.20 each. This adds to Berkshire’s position, which it has been building since last year. With around $16.6 billion, Alphabet becomes one of Berkshire’s largest holdings.
As per Reuters, analysts have framed the purchase as a vote of confidence from Berkshire CEO Greg Abel that Alphabet’s AI spending will pay off despite the dilution from new shares. Moreover, the company also plans to raise $30 billion through public offerings split between convertible preferred stock and common shares, plus a $40 billion at-the-market program launching in the third quarter for gradual share sales.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 275
NVIDIA Corporation (NASDAQ:NVDA) provides GPUs and the CUDA-Q platform for quantum simulation, hybrid quantum-classical workloads and the integration of quantum processors with accelerated computing systems.. It is also one of the Best Quantum Computing Stocks to Buy and Hold Forever.
Recently, on July 11, Morgan Stanley reiterated NVIDIA Corporation (NASDAQ:NVDA) as its top semiconductor pick and also maintained a Buy rating with a $288 price target. The rating and the research note came after the firm met with the company’s top management.
The firm noted that from the meeting it extracted that Nvidia’s growth is increasingly coming from beyond traditional AI hyperscalers. In addition, management expressed confidence that revenue growth can keep accelerating even as quarterly sales near $100 billion. Morgan Stanley said demand is diversifying across AI labs, hyperscalers, enterprise customers, neoclouds, and sovereign AI projects. That broader mix reduces the risk of Nvidia’s results depending too heavily on a small group of big-spending cloud companies.
Moreover, networking and CPUs are becoming meaningful growth drivers within hyperscale customers as well. The firm also pointed to sovereign AI, industrial applications, and enterprise adoption as areas likely to grow in importance as countries and companies build out their own AI infrastructure.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 282
Microsoft Corporation (NASDAQ:MSFT) is a key quantum computing stock through its Azure Quantum, which is a cloud platform that gives access to multiple quantum hardware providers. The stock also ranks as one of the Best Quantum Computing Stocks to Buy and Hold Forever.
Recently, on July 9, Citi noted that the firm’s Q2 2026 survey of 100 IT decision makers found Microsoft Corporation (NASDAQ:MSFT) as the top vendor CIOs are considering increasing AI spend with, ahead of Amazon and Google. The survey also found an improving spending backdrop compared to the previous quarter. This was evident as both the US and EMEA IT budgets for the next 12 months accelerated as AI investment continued to gain priority.
More specifically, forward IT budget growth expectations rose to 3.3%, up from 2.6% in the March 2026 survey, a figure Citi said sits 0.8 percentage points above the seven-year historical average. Moreover, EMEA budget growth climbed to 3.9%, while US growth rose to 3.0%. The firm noted that Data analytics and AI remained the top investment priority and gained further share, followed by cybersecurity, digital transformation, and customer-facing applications. Citi noted web security jumped into the top-priority group, driven by a surge in bot and agentic internet traffic along with expanding API surfaces.
Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.
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