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.
While we acknowledge the potential of RGTI 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 RGTI and that has 100x upside potential, check out our report about the cheapest AI stock.
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