In this article, we discuss the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.
Quantum computing is no longer just a futuristic concept; it is slowly making its way into real-world applications, and Wall Street is taking notice. At its foundation, quantum computing uses the peculiar rules of quantum mechanics to process information in ways that traditional computers cannot, allowing it to tackle certain problems millions of times faster than today’s supercomputers. While the technology is still in its early stages, its ability to transform sectors is enormous.
Previously, only a few organizations had access to quantum systems due to their exorbitant costs and extensive infrastructure. However, with the emergence of quantum-as-a-service (QaaS), businesses may now gain access to this powerful technology via the cloud. This pay-as-you-go strategy removes obstacles, allowing corporations, researchers, and even startups to experiment with quantum capabilities without spending millions on specialist hardware.
The effects extend across industries. Pharmaceutical companies are investigating quantum technology to expedite drug discovery by mimicking molecular interactions. Aerospace and automotive industries are investigating materials at the subatomic level to create more efficient vehicles. Financial institutions are utilizing it to improve risk modeling and better understand market intricacies. Even climate researchers see prospects for gaining insights into global environmental systems.
With the global quantum computing market expected to rise from $1.8 billion in 2025 to roughly $7.5 billion by 2030, analysts are looking for companies that can lead this revolution. The question for investors is: Which quantum computing equities are Wall Street’s favorites?
With this backdrop in mind, let’s look at the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.
A modern computer datacenter, running an advanced quantum computer system.
Methodology
To curate our list of the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts, we used the Finviz screener to extract a list of quantum computing stocks. From this list, we picked stocks with a projected upside of over 10% based on analyst price targets. Finally, we ranked the stocks according to their upside potential as of the time of writing. We also assessed hedge fund sentiment around each stock using Insider Monkey’s hedge fund database, which tracks over 1,000 hedge funds.
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).
12. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 212
Upside Potential: 11.01%
With significant upside potential, NVIDIA Corporation (NASDAQ:NVDA) secures a spot on our list of the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.
On August 21, 2025, NVIDIA Corporation (NASDAQ:NVDA) faced both geopolitical headwinds and new growth possibilities.
In Beijing, regulators, including the CAC, NDRC, and MIIT, tried to prevent Chinese tech companies from purchasing Nvidia’s H20 chips, prompted by recent remarks by US Commerce Secretary Howard Lutnick. The restrictions hampered demand, despite early interest, which forced NVIDIA Corporation (NASDAQ:NVDA) to restart H20 production lines.
On the same day, NVIDIA Corporation (NASDAQ:NVDA) was announced as a key investor in Nuro’s $203 million fundraising round alongside Uber, underscoring the company’s continued push into autonomous driving technologies. The opposing developments highlight Nvidia’s balancing act of managing US-China relations while increasing worldwide bets on AI and self-driving technologies.
NVIDIA Corporation (NASDAQ:NVDA) develops graphics, AI computing, and networking solutions for data centers, gaming, automotive, and industrial applications globally. It is one of the Best Quantum Computing Stocks.
11. Veeco Instruments Inc. (NASDAQ:VECO)
Number of Hedge Fund Holders: 23
Upside Potential: 12.50%
Veeco Instruments Inc. (NASDAQ:VECO) is one of the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.
On August 13, 2025, Benchmark Co. analyst Mark Miller reaffirmed his Buy rating on Veeco Instruments Inc. (NASDAQ:VECO) with a $28 price target, describing the company as an attractive opportunity within the broader tech hardware boom.
Miller cited Veeco’s long-term growth drivers as substantial demand for Nearline hard drives, which is driving future ion beam tool orders, strong momentum in wet processing from AI, HBM, and mobile applications, and a predicted doubling of advanced packaging and gate-all-around sales by 2025. Veeco Instruments Inc. (NASDAQ:VECO) is also progressing five client qualifications with high follow-on potential, as well as pursuing a new DRAM customer for its laser anneal tools—initiatives that might boost earnings in the future years.
Veeco Instruments Inc. (NASDAQ:VECO) designs and manufactures semiconductor and thin film processing equipment for use in logic, memory, photonics, power electronics, and hard disk drive components. It is one of the Best Quantum Computing Stocks.
10. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holders: 91
Upside Potential: 13.99%
With significant upside potential, Lam Research Corporation (NASDAQ:LRCX) secures a spot on our list of the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.
Cantor Fitzgerald boosted its price target on Lam Research Corporation (NASDAQ:LRCX) to $120 from $115 on August 21, 2025, while maintaining a Buy rating following talks with company management in New York. The firm emphasized management’s optimistic forecast, citing solid competitive posture through 2026, supported by new product platforms and increased exposure to high-growth semiconductor equipment industries. Lam Research has generated 23.7% sales growth and a remarkable 58% return on equity over the last year, boosting investor confidence.
Cantor noted the company’s transition toward Foundry and Logic, moving beyond its memory-focused positioning, as demand from China increased. With management projecting EPS of $6.00 in 2026, significantly above expectations, Cantor believes Lam Research Corporation (NASDAQ:LRCX)’s valuation will rise.
Lam Research Corporation (NASDAQ:LRCX) designs and manufactures semiconductor processing equipment for the manufacturing of integrated circuits in global markets. It is one of the Best Quantum Computing Stocks.
