On February 10, Deloitte shared its outlook on the trends that will shape the hardware landscape in 2026, and the picture is an interesting one for investors. At the center of it all is Artificial Intelligence. The explosive demand for AI servers and next-generation data centers is driving enterprise hardware revenue higher, giving companies in this space a real tailwind. Data centers are being rebuilt from the ground up, with higher power capacity, liquid cooling, and ultra-fast networks. These developments lead to fresh opportunities across the hardware ecosystem.
That said, it’s not all smooth sailing. The firm has projected that the Personal Computer sales may soften as rising memory prices weigh on consumer demand, and economic pressures mean everyday buyers are being more selective about where they spend on tech. Still, for companies that can meet the infrastructure demands of AI while navigating these headwinds, 2026 is shaping up to be a pivotal year. Investors are paying attention.
So which computer hardware stocks are worth watching right now? Let’s explore our 10 Best Computer Hardware Stocks to Buy for the Long Term.
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Our Methodology
To identify relevant stocks for this article, we screened U.S.-listed computer hardware companies with market capitalizations above $2 billion. We further narrowed our search to companies with average revenue growth above 5% over the next 5 years. Also, we only shortlisted stocks with at least 10% upside potential according to TipRanks consensus, as of March 6 closing.
Next, we assessed the number of hedge funds holding positions in these stocks as of the end of the fourth quarter of 2025, using Insider Monkey’s hedge fund database. Finally, we selected 11 stocks with the highest number of hedge funds holding stakes and ranked them in ascending order.
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).
11. D-Wave Quantum Inc. (NYSE:QBTS)
D-Wave Quantum Inc. (NYSE:QBTS) is one of the 11 best computer hardware stocks to buy for the long term.
On February 27, Roth Capital reduced its price target on D-Wave Quantum Inc. (NYSE:QBTS) from $40 to $30. The firm reiterated a Buy rating on the stock, which still offers more than 61% upside potential despite the downward revision.
Roth noted that the company had registered strong bookings in the fourth quarter, with 2026 bookings already showing significant growth momentum. The reduction in price target is largely due to incremental operating costs, following the acquisition of Quantum Circuits. However, Roth is optimistic about the company’s “strong funding position in support of these investments.”
On February 26, D-Wave Quantum Inc. (NYSE:QBTS) reported adjusted EPS of (9c) for the fourth quarter, compared to the consensus estimate of (6c). Revenue for the quarter came in at $2.75 million, below the consensus estimate of $3.7 million. Chief Executive Officer Alan Baratz reflected on a highly transformative year that was characterized by notable growth across key parameters. Baratz stated:
“Our 2025 results mark one of the most successful and transformative years in D-Wave’s history, with meaningful growth across every key business metric – revenue, Bookings, technical milestones, and scientific breakthroughs. We are entering 2026 with exceptional momentum: generating over $30 million in Bookings in January alone, expanding our market leadership through the acquisition of gate-model quantum computing company Quantum Circuits, Inc., and securing an eight-figure enterprise QCaaS agreement that underscores growing customer confidence in our technology’s power to transform enterprise operations. 2026 is shaping up to be a defining year for D-Wave.”
D-Wave Quantum Inc. (NYSE:QBTS) is a quantum computing and software company that provides real-time access to quantum systems through its cloud platform. It offers specialized tools for developers and businesses to build applications that solve complex problems, from logistics and scheduling to drug discovery. The company’s technology turns massive data challenges into efficient, high-speed solutions.
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