Is Amazon.com (AMZN) One of The Best Quantum Computing Stocks to Invest In Right Now?

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 21, it was announced that United Launch Alliance (ULA) is now targeting December 15 for the Leo Atlas 4 (LA-04) mission. Named LA-04 for Amazon’s fourth launch on an Atlas V rocket, the mission would be sending another 27 satellites to low Earth orbit. This will result in bringing the total number of Amazon Leo spacecraft launched to date to 180 satellites.

Is Amazon.com (AMZN) One of The Best Quantum Computing Stocks to Invest In Right Now?

To provide a brief background, Amazon Leo, formerly Project Kuiper, is Amazon.com, Inc. (NASDAQ:AMZN)’s low Earth orbit satellite network, focusing on delivering fast, reliable internet to customers and communities beyond the reach of current networks. In a separate development, Morningstar highlighted that the company’s stock remains fairly valued as compared to its long-term fair value estimate of $260, implying a 2025 EV/Sales multiple of 4 times and a 2% FCF yield.

Furthermore, the firm believes that AWS showcased strong performance in Q3 2025, with growth accelerating to 20% YoY.  Amazon.com, Inc. (NASDAQ:AMZN)’s CEO Andy Jassy opines that this pace can continue for a while, noted Morningstar. This segment’s sales rose 20% YoY to $33.0 billion. The company continues to see robust demand in AI and core infrastructure, and it has been focused on accelerating capacity.

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

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Disclosure: None. This article is originally published at Insider Monkey.