In this article, we will look at the 8 Best Quantum Computing Stocks to Buy and Hold for 10 Years.
On April 29, Research and Markets released a research report titled Quantum Computing: The Next Frontier in Computational Transformation. The report notes that the quantum computing industry has transitioned from the experimental research and development phase to early commercialization. As a result, the time period from 2026 to 2030 is deemed critical. The report expects this period to drive significant advances in superconducting, photonic, trapped-ion, and neural-atom qubit technologies.
In addition, the implementation has also transitioned from quantum-as-a-service to enterprise-level adoption and hands-on hardware deployment. The report acknowledges persistent challenges, including error correction, hardware intensity, skills shortages, and uncertain ROI, but believes that this new phase will result in meaningful progression towards practical quantum value creation.
Although the long-term prospects of the sector come with uncertainties, as most quantum computing companies are still in the research and development phase, the technical progress, including cloud access and growing interest from large companies, has brought the sector into focus.
With that, let’s take a look at the 8 Best Quantum Computing Stocks to Buy and Hold for 10 Years.
Our Methodology
To curate the list of Best Quantum Computing Stocks, we used ETFs, reputable financial media, and Reddit. Next, we shortlisted Quantum Computing stocks that are popular among hedge funds and ranked them in ascending order of this metric. Lastly, we have limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
8 Best Quantum Computing Stocks to Buy and Hold for 10 Years
8. Quantum Computing Inc. (NASDAQ:QUBT)
Number of Hedge Fund Holders: 11
Quantum Computing Inc. (NASDAQ:QUBT) is an innovative company that engages in quantum optics and integrated photonics technology. Wall Street has a generally positive sentiment on the stock, with 4 out of 6 analysts covering the stock maintaining a Buy rating. Moreover, the 12-month average price target of the analysts suggests more than 95% upside from the current level. Quantum Computing Inc. (NASDAQ:QUBT) is among our Quantum Computing Stocks to Buy and Hold for 10 Years.
Recently, on April 20, Northland Capital Markets initiated coverage of Quantum Computing Inc. (NASDAQ:QUBT) with a Buy rating and a $20 price target. The firm believes the company’s total addressable market is $100 billion to $250 billion, highlighting massive growth opportunities. Northland Capital noted that the technology execution risk in the industry is minimal, suggesting that no single company’s failure can hamper the progress of the industry.
As a result, the firm suggests investing across multiple quantum firms to diversify the risk and calls the industry positively skewed with high upside and limited downside.
That said, Quantum Computing Inc. (NASDAQ:QUBT) is set to release its fiscal Q1 2026 earnings on May 13. Wall Street expects revenue to be around $3.28 million, along with a GAAP EPS of negative $0.05.
7. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders: 22
D-Wave Quantum Inc. (NYSE:QBTS) is set to release its FQ1 2026 earnings on May 12. Wall Street expects the company to post around $4.14 million in quarterly revenue along with a GAAP EPS of negative $0.10. Analysts are bullish on the stock as 15 out of 17 analysts covering the stock have maintained a Buy rating, with their average 12-month price target suggesting more than 85% upside from the current level.
D-Wave Quantum Inc. (NYSE:QBTS) is also on our list of Best Quantum Computing Stocks to Buy and Hold for 10 Years.
Recently, on April 22, Northland Capital Markets released a research note saying that Quantum computing is set to displace classical AI infrastructure. The firm’s analyst Chokshi elaborated that the training of large language models happens in high-dimensional spaces, such as 4096 dimensions. This causes parallel optimization problems that classical hardware struggles to handle efficiently. However, quantum computing can offer these solutions as AI demand exceeds traditional computing limits. Northland estimates the quantum sector’s current aggregate enterprise value at $88 billion, with vast growth potential as the technology matures and scales.
Earlier on April 20, Northland Capital Markets had initiated D-Wave Quantum Inc. (NYSE:QBTS) with a Hold rating and a $22 price target.
D-Wave Quantum Inc. (NYSE:QBTS) delivers and develops quantum computing systems, services, and software internationally. It provides Ocean, a suite of open-source tools; Advantage and Advantage 2 quantum computers; Leap quantum cloud service; and secure access and data protection services.
6. Rigetti Computing, Inc. (NASDAQ:RGTI)
Number of Hedge Fund Holders: 26
Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the Best Quantum Computing Stocks to Buy and Hold for 10 Years. Wall Street is bullish on the stock as the company gets close to releasing its fiscal Q1 2026 earnings, scheduled for May 11. The Street expects the company to post revenue around $4.09 million, along with a GAAP EPS of negative $0.06.
Recently, on April 20, Northland Capital Markets initiated coverage of Rigetti Computing, Inc. (NASDAQ:RGTI) with a Market Perform rating and a $20 price target. Earlier, on April 7, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on the stock with a price target of $33, down from the previous target of $43.
Northland remains bullish on the quantum industry, noting that AI needs advanced computing power to train large language models. The firm highlighted that as this demand increases, traditional computers will not be able to offer solutions that quantum computing can provide. The firm believes that the quantum industry has an aggregate enterprise value of $88 billion and also has huge growth potential as AI scales and the technology matures.
On the other hand, Mizuho also remains bullish on the quantum sector for the longer term, calling it to be at the start of an S curve, with massive growth potential till 2035. The firm lowered the price target on Rigetti Computing due to the growth concerns associated with the macroeconomic conditions and spike in oil prices.
Rigetti Computing Inc. (NASDAQ:RGTI) creates and operates superconducting quantum processors and quantum computers. Its offerings include a vast range, including quantum processing units, Novera QPU, Cepheus-1-36Q system, Rigetti quantum cloud services, and QCS Outpost. Furthermore, it provides superconducting quantum chips, as well as professional services like algorithm development, benchmarking, quantum application programming, and software development.
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.
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