In this piece we will look at the 5 Best Quantum Computing Stocks to Buy and Hold for 10 Years. Please visit 8 Best Quantum Computing Stocks to Buy and Hold for 10 Years if you’d like to see an extended list and how we came up with the list of Best Quantum Computing Stocks to Buy and Hold for 10 Years.
5. IonQ, Inc. (NYSE:IONQ)
Number of Hedge Fund Holders: 28
IonQ, Inc. (NYSE:IONQ) is one of the Best Quantum Computing Stocks to Buy and Hold for 10 Years. On April 27, IonQ, Inc. (NYSE:IONQ) announced signing a Master Service Agreement with Florida LambdaRail, which is Florida’s statewide fiber optic network for research and education.
The agreement is aimed at building a quantum-safe network across Florida, which can be used to protect against future cyber threats from quantum computers. The first phase of this deal includes an approximately 100-mile quantum corridor from Palm Beach County to Miami-Dade, linking three research/education institutions over Florida LambdaRail’s existing fiber. The corridor will feature IonQ’s quantum key distribution technology, which uses quantum physics to securely share encryption keys. Moreover, this allows users to stay alert as any eavesdropping attempt disrupts the quantum state.
That said, Wall Street has a bullish sentiment on IonQ, Inc. (NYSE:IONQ) as 13 out of 16 analysts covering the stock have a Buy rating. Moreover, the analyst’s 12-month price target suggests more than 32% upside from the current level.
IonQ Inc. (NYSE:IONQ) develops quantum computers and networks in the US.
4. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders: 63
International Business Machines Corporation (NYSE:IBM) provides hybrid cloud and artificial intelligence solutions, along with consulting services. The company is also engaged in quantum computing as it develops proprietary superconducting hardware and a sophisticated software ecosystem built around the Qiskit framework. IBM ranks as one of the Best Quantum Computing Stocks to Buy and Hold for 10 Years.
Recently, on April 28, HSBC upgraded International Business Machines Corporation (NYSE:IBM) from Sell to Hold rating and raised the price target from $218 to $231. The rating upgrade is based on the firm’s new valuation of IBM’s quantum computing business. HSBC values IBM’s quantum computing at $35 billion, suggesting that the segment already holds a meaningful part of the company’s overall business.
Moreover, the firm also noted that if HSBC valued quantum on the same enterprise‑value‑to‑revenue multiples as pure‑play peers such as IonQ, Rigetti, and others, the quantum unit alone would be worth about $51 billion, not $35 billion. Overall, analysts’ 12-month average price target suggests more than 23% upside from the current level.
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 264
NVIDIA Corporation (NASDAQ:NVDA) plays an important role in the quantum computing industry through its accelerated computing infrastructure and software platforms. For instance, the company integrates quantum processors with its AI supercomputers through tools like CUDA-Q, an open-source platform for hybrid quantum-classical applications, and NVQLink for seamless connectivity. The company also ranks as one of the Best Quantum Computing Stocks to Buy and Hold for 10 years.
On April 27, Vivek Arya from Bank of America Securities released a research note stating that NVIDIA Corporation (NASDAQ:NVDA) could be re-rated higher if the company ramps up cash returns to shareholders through bigger dividends or buybacks. The firm views this as a catalyst to attract more investors and fix what they call an unfair valuation discount.
BofA elaborated that they expect the company to generate more than $400 billion in free cash flow from 2026 to 2027, which matches the free cash flow of Apple and Microsoft combined. However, despite this, the company trades at a 30% lower market cap to free cash flow multiple than its peers.
Moreover, the firm also highlighted that NVIDIA Corporation (NASDAQ:NVDA)’s dividend yield is only 0.02%, which is negligible, and causes the stock to be left out of income-focused portfolios. BofA suggests that if the company increases its yield to 0.5% to 1%, similar to Apple and Microsoft, this could broaden the investor base and would only cost around 15% to 30% of the company’s 2026 free cash flow. Arya of BofA has a Buy rating on the stock without any price targets.
2. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 288
Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Quantum Computing Stock to Buy and Hold for 10 Years. The company has made significant contributions to the quantum industry through a dedicated quantum team. For instance, Google has developed scalable hardware such as the Willow chip and superconducting qubits, alongside expansions into neutral atom qubits.
On April 28, The Information reported that Alphabet Inc. (NASDAQ:GOOGL) has signed a classified AI contract with the United States Department of Defense. As per this contract, the Pentagon can now use Google’s AI models for classified networks and for any other lawful government purpose. This comes after the Department of Defense has signed similar contracts with OpenAI and xAI.
On the same day, a report by the Washington Post noted that hundreds of Google’s workers petitioned the CEO to refuse classified work with the Pentagon.
In separate news, on April 30, BMO Capital raised the firm’s price target on Alphabet Inc. (NASDAQ:GOOGL) from $410 to $435 and maintained an Outperform rating on the shares. BMO noted that during the recent Q1 2026 earnings, the Google Cloud segment witnessed 63% year-over-year growth and topped the buy-side expectations of 60%. Moreover, the backlog also doubled quarter-over-quarter and 400% year-over-year to $462 billion. The firm has named the company as its top pick.
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 312
Microsoft Corporation (NASDAQ:MSFT) is pursuing quantum computing as a core long‑term pillar of its Azure cloud platform. The company is developing topological qubits based on Majorana physics, which are aimed at fault‑tolerant quantum computers with up to a million logical qubits on a single chip. The company also ranks among the Best Quantum Computing Stocks to Buy and Hold for 10 Years.
On April 27, Microsoft Corporation (NASDAQ:MSFT) was reiterated with an Outperform rating and a $460 price target by RBC Capital. The rating comes after the amended agreement between OpenAI and Microsoft. As per this new deal, Microsoft remains OpenAI’s primary cloud partner, with OpenAI products continuing to launch first on Azure. However, OpenAI now has the freedom to serve its products across any cloud provider, not just Microsoft’s platform. Moreover, the company also retains access to OpenAI’s intellectual property for models and products till 2032. However, the license has changed from exclusive to non-exclusive.
As per the new agreement, Microsoft will also stop paying a revenue share to OpenAI, while OpenAI’s revenue share payments to Microsoft will continue through 2030 at the same percentage but with a total cap. The company also continues to hold a stake in OpenAI as a major shareholder.
RBC Capital noted that this new deal can reduce the company’s dependence on OpenAI as it moves towards a multi-modal approach. Overall, the Street is bullish on MSFT, with 95% of the 61 analysts covering the stock maintaining a Buy rating. The 12-month average price target suggests more than 33% upside from the current level.
While we acknowledge the potential of MSFT 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 MSFT and that has 100x upside potential, check out our report about the cheapest AI stock.
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