In this article, we will discuss the 10 Best Quantum Computing Stocks to Buy for 2026.
Sylvia Jablonski, CEO, CIO & Co-Founder of Defiance ETFs, recently appeared on CNBC Television and highlighted that the investing public is now witnessing real-world use cases of quantum computing. She noted the promising trial, in which HSBC, while working with IBM, leveraged an approach combining quantum and classical computing resources to deliver up to a 34% improvement in predicting the likelihood that a trade will be filled at a quoted price as compared to the common classical techniques used in the industry.
This legitimizes quantum computing, added Jablonski, while explaining that quantum computing is at a stage where AI was about 5-10 years ago. Discussing the upcoming use cases, Jablonski believes that JPMorgan, City, and Goldman Sachs may be the next names that will enter this space. According to her, numerous growth opportunities are available in the banking sector.
Quantum computing also affects many other sectors, including pharmaceuticals, cryptography, aerospace, and defense. She noted that the global government invested ~$40 billion in quantum computing. Jablonski, while quoting McKinsey, highlighted the revenue growth expectations from ~$4 billion to ~$70 billion over the next decade or so.
If AI has helped process data, quantum computing is expected to help optimize that data and make decisions from it, added Jablonski.
Amidst such trends, we will now have a look at the 10 Best Quantum Computing Stocks to Buy for 2026.
Our Methodology
To list the 10 Best Quantum Computing Stocks to Buy for 2026, we sifted through several online rankings to compile a list of stocks that are either pure-plays or have reasonable exposure to quantum computing. From this pool, we narrowed our selection to stocks with analyst upside. We then selected the top 10 stocks with the highest average upside potential as of January 20 and arranged them in ascending order. We also mentioned hedge fund sentiment for each stock as of Q3 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10 Best Quantum Computing Stocks to Buy for 2026
10. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 115
Average Upside Potential: ~22%
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 14, Indian company Tata Consultancy Services announced a strategic collaboration with Advanced Micro Devices, Inc. (NASDAQ:AMD) to support companies in scaling AI adoption from pilots to production, modernizing legacy environments, and building secure and high-performance digital workplaces.
Both companies plan to jointly invest in talent, which can help build a deep pool of experts to co-innovate and deliver next-gen AI solutions. Furthermore, industry-specific GenAI frameworks are expected to be developed for sectors like life sciences (drug discovery), manufacturing (cognitive quality engineering and smart manufacturing), and BFSI (intelligent risk management).
Finally, this collaboration is expected to deliver tailored accelerators, frameworks, and best practices to drive AI performance throughout both training and inference workloads. This will help ensure that companies can fully harness the power of AI.
In a different update, on January 16, Riot entered into the Data Center Lease with Advanced Micro Devices, Inc. (NASDAQ:AMD) to deliver 25 MW of critical IT load capacity at the Rockdale Site. The Data Center Lease has an initial term of 10 years.
9. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 332
Average Upside Potential: ~29.8%
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 15, Bloomberg reported that Amazon.com Inc.’s (NASDAQ:AMZN) Amazon Web Services struck a deal with Rio Tinto Group to utilise copper from an Arizona mine in the US data centers. Notably, the tech giant would be the first customer for copper produced with the help of Rio’s Nuton bioleaching technology.
Bloomberg further added that, under the 2-year agreement, AWS would use copper from Gunnison Copper Corp.’s Johnson Camp mine, where Rio’s Nuton is a strategic partner. Also, AWS will provide cloud-based data and analytics to optimize the performance of Nuton technology.
This arrangement highlights the importance of copper, spanning from renewable power to AI. Bloomberg also noted that analysts continue to warn of a supply squeeze, with producers struggling to meet demand growth.
Elsewhere, on January 15, Raymond James reduced its price objective on Amazon.com, Inc. (NASDAQ:AMZN)’s stock to $260 from $275, while keeping an “Outperform” rating, as reported by The Fly. As per the analyst, the outlook for Q4 2025 seems to be positive, thanks to healthy holiday trends, favorable ad checks, and beatable AWS expectations.
8. Quantum Computing Inc. (NASDAQ:QUBT)
Number of Hedge Fund Holders: 17
Average Upside Potential: ~34.1%
Quantum Computing Inc. (NASDAQ:QUBT) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 15, Rosenblatt initiated coverage of the company’s stock with a “Buy” rating and a price objective of $22, as reported by The Fly. The analyst highlighted the company’s quantum assets across photonics, compute, security, and sensing, as well as its thin-film lithium niobate (TFLN) fabrication facilities, which can supply both internal and industry needs for integrated quantum photonics.
The firm likes Quantum Computing Inc.’s (NASDAQ:QUBT) risk/reward, seeing an immediate opportunity to participate in quantum computing.
In a separate update, on January 12, Quantum Computing Inc. (NASDAQ:QUBT) announced that, following the previously-announced agreement to acquire Luminar Semiconductor, Inc., it submitted a bid and was selected as the stalking-horse bidder for the remaining assets of Luminar.
Under the stalking-horse agreement, Quantum Computing Inc. (NASDAQ:QUBT) agreed to serve as the initial bidder for the remaining Luminar assets at a purchase price of ~$22 million. However, this remains subject to higher or better offers received via the auction process and other customary T&Cs.
Quantum Computing Inc. (NASDAQ:QUBT) is an integrated photonics company that offers quantum machines to commercial and government markets.
7. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 312
Average Upside Potential: ~38.6%
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 15, Reuters reported that the company agreed with Indigo Carbon to purchase a record 2.85 million soil carbon credits linked to regenerative agriculture in the US, with Microsoft Corporation (NASDAQ:MSFT) aiming to become carbon negative by 2030. This is despite increased emissions associated with AI.
Becoming carbon negative means the company aims to make sure that it facilitates more removals of carbon than the amount its operations emit globally.
While Microsoft Corporation (NASDAQ:MSFT) didn’t disclose the cost of the tie-up, Reuters, citing a person with knowledge of the matter, noted that it falls between $60 and $80 per ton for Indigo Carbon’s credits. This will value the deal at $171 million to $228 million.
Elsewhere, on January 12, Goldman Sachs initiated coverage of Microsoft Corporation (NASDAQ:MSFT)’s stock with a “Buy” rating and a price objective of $655. As per the firm, there are numerous areas of discovery value in the stock associated with AI, where market perception remains more bearish compared to the firm’s assessment of the company’s competitive position.
6. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders: 28
Average Upside Potential: ~47.9%
D-Wave Quantum Inc. (NYSE:QBTS) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 8, Rosenblatt lifted its price objective on the company’s stock to $43 from $40, while keeping a “Buy” rating, as reported by The Fly. According to the analyst, D-Wave Quantum Inc. (NYSE: QBTS) delivered 2 major positives, including a $550 million acquisition and a technical breakthrough.
As per the firm, the company has significantly strengthened its long-term position by demonstrating on-chip cryogenic control. Furthermore, it added that the Quantum Circuits deal results in superior error correction capabilities.
Notably, on January 7, D-Wave Quantum Inc. (NYSE:QBTS) and Quantum Circuits Inc. announced a merger agreement. Under this agreement, D-Wave Quantum Inc. (NYSE:QBTS) would acquire Quantum Circuits for a purchase price of $550 million. This will consist of $300 million in D-Wave common stock and $250 million in cash.
This acquisition is expected to bring together D-Wave Quantum Inc. (NYSE:QBTS)’s strong expertise in scalable control of superconducting processors and its production-grade, high-availability quantum cloud platform with Quantum Circuits’ leading approach to error-corrected superconducting gate-model technology.
D-Wave Quantum Inc. (NYSE:QBTS) develops and delivers quantum computing systems, software, and services.
5. Cloudflare, Inc. (NYSE:NET)
Number of Hedge Fund Holders: 63
Average Upside Potential: ~43.7%
Cloudflare, Inc. (NYSE:NET) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 16, the company announced that The Astro Technology Company team would join Cloudflare as a result of its acquisition. Notably, Astro is a popular JavaScript web framework used by renowned brands such as Unilever, Visa, and NBC News, as well as by several developers, to build fast, content-driven websites.
Astro would remain open source to ensure long-term growth and development of the project under Cloudflare, Inc. (NYSE:NET)’s stewardship.
On January 13, UBS reduced its price objective on Cloudflare, Inc. (NYSE:NET)’s stock to $210 from $245, while keeping a “Neutral” rating, as reported by The Fly. The analyst believes that, despite weakening sentiment into 2026, the broader cybersecurity sector remains attractive, and spending is expected to surpass overall IT growth.
Furthermore, the firm added that while stock selection might be challenging, the most compelling opportunities are expected to be among the mid-cap platform names that are in the early stages of formation.
Cloudflare, Inc. (NYSE:NET) operates as a cloud services provider. Its composable platform and network offer advanced PQC (post-quantum cryptography) capabilities, which enable companies to protect users, applications, and networks across all endpoints and infrastructure.
4. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 234
Average Upside Potential: ~40.3%
NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 20, WSJ reported that the company is investing $150 million in Baseten, a startup that specializes in AI inference. Baseten has raised $300 million at a $5 billion valuation. This deal demonstrates NVIDIA Corporation (NASDAQ:NVDA)’s aggressive push into startups that are focused on inference amid the industry’s shift from training models to powering them at scale, noted WSJ.
NVIDIA Corporation (NASDAQ:NVDA) paid $20 billion in December to license the AI-inference technology from startup chip designer Groq. This deal reflected its hunger for cutting-edge chips, which can help speed up the model responses. Notably, Baseten is also engaged in providing support for NVIDIA Corporation (NASDAQ:NVDA)’s Nemotron 3 Nano, a high-accuracy and high-efficiency open AI model.
In a separate update, on January 12, NVIDIA Corporation (NASDAQ:NVDA) and Eli Lilly and Company announced a first-of-its-kind AI co-innovation lab, which is focused on applying AI to tackle some of the most enduring challenges in the broader pharmaceutical industry. The two companies plan to invest up to $1 billion in talent, infrastructure, and compute over 5 years to help the new AI co-innovation lab.
3. IonQ, Inc. (NYSE:IONQ)
Number of Hedge Fund Holders: 30
Average Upside Potential: ~44%
IonQ, Inc. (NYSE:IONQ) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 14, the company announced that national security leader and technology advocate Katie Arrington will join the executive team as Chief Information Officer (CIO). She will report to the company’s Chief Operating Officer and Chief Financial Officer, Inder Singh, starting January 19, 2026.
IonQ, Inc. (NYSE:IONQ)’s Chairman and CEO added that her passion for defending the nation and advancing the kind of breakthrough innovation that quantum computing enables will help accelerate the company’s growth and impact.
In a separate release, IonQ, Inc. (NYSE:IONQ) announced the continuation of a strategic partnership with the Korea Institute of Science and Technology Information (KISTI) and forthcoming delivery of the 100-qubit IonQ Tempo quantum system.
As per the agreement, the company will deliver its next-generation Tempo 100 quantum system to help KISTI’s hybrid quantum-classical research initiatives. Notably, the system will be integrated into KISTI-6 (HANGANG), which happens to be the largest HPC cluster in Korea. This will create the first instance of hybrid quantum-classical onsite integration in the country.
IonQ, Inc. (NYSE:IONQ) develops quantum computers and networks.
2. Rigetti Computing, Inc. (NASDAQ:RGTI)
Number of Hedge Fund Holders: 25
Average Upside Potential: ~60%
Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 15, Rosenblatt analyst John McPeake initiated coverage of the company’s stock with a “Buy” rating and a price objective of $40. Notably, the firm likes the company’s modular approach to qubit scaling and its internal fab approach. According to the analyst, Rigetti Computing, Inc. (NASDAQ:RGTI)’s work with leading quantum error correction partner Riverlane is promising in the medium- to long-term.
In a separate release on January 9, Rigetti Computing, Inc. (NASDAQ:RGTI) announced that it revised its roadmap and adjusted the general availability date for its 108-qubit quantum computing system, Cepheus™-1-108Q. This is now anticipated to reach general availability around the end of Q1 2026. The company has a clear understanding of what needs to be done to achieve 99.5% median two-qubit gate fidelity, and it is well on its way to achieving it.
Notably, building higher-qubit-count systems could help uncover new challenges.
Rigetti Computing, Inc. (NASDAQ:RGTI) is an integrated systems company that builds quantum computers and superconducting quantum processors that power them.
1. SEALSQ Corp (NASDAQ:LAES)
Number of Hedge Fund Holders: 7
Average Upside Potential: ~67.03%
SEALSQ Corp (NASDAQ:LAES) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 14, the company announced that it entered into a non-binding Memorandum of Understanding, leading to exclusive negotiations with the shareholders of Quobly SAS to make an initial minority investment and, if successful, acquire a majority stake in QUOBLY.
The transaction is anchored within SEALSQ Corp (NASDAQ:LAES)’s Quantum strategy and supported in part by a dedicated Quantum Fund, which has been designed to accelerate the emergence of sovereign, secure, and industrial-scale quantum technologies throughout Europe. If completed, the transaction will lead to a total investment of ~$200 million by SEALSQ Corp (NASDAQ:LAES) in return for a majority stake in QUOBLY.
In a separate release, on January 13, SEALSQ Corp (NASDAQ:LAES) announced FY 2025 key operational and financial metrics. The company witnessed preliminary unaudited 2025 revenue of $18 million, with $8 million witnessed in Q4 2025, compared to $4 million in the equivalent period of the previous year. The growth was mainly aided by renewed demand for traditional SEALSQ products and by the consolidation of 5 months of revenue from IC’ALPS following the acquisition on August 4, 2025.
SEALSQ Corp (NASDAQ:LAES) is a leading innovator in Post-Quantum Technology hardware and software solutions.
While we acknowledge the potential of LAES 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 LAES and that has 100x upside potential, check out our report about this cheapest AI stock.
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