Considering investing in quantum computing stocks? While the best quantum computing stocks depend on your portfolio and investment goals, we've identified some quantum computing stocks that are worth keeping an eye on in the technology sector. Keep reading to learn more about quantum computing stocks and how to start investing.
We round up a selection of stocks in or related to the technology industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Microsoft Corporation (MSFT.US) | (data unavailable) | $3.6 trillion (USD) | NASDAQ | 30,476,807 | Buy now |
| International Business Machines (IBM.US) | -5.85% | $208.9 billion (USD) | NYSE | 5,689,668 | Buy now |
| IONQ (IONQ.US) | -3.15% | $13.4 billion (USD) | NYSE | 19,999,855 | Buy now |
| Rigetti Computing (RGTI.US) | 4.94% | $5.3 billion (USD) | NASDAQ | 19,129,300 | Buy now |
| Quantum Computing Inc (QUBT.US) | -45.08% | $2 billion (USD) | NASDAQ | 5,974,398 | Buy now |
| Xanadu Quantum Technologies (XNDU.TO) | (data unavailable) | $4.6 billion (CAD) | Toronto Stock Exchange | 297,619 | Buy now |
| D-Wave Quantum IncCommon Stock (QBTS.US) | 21.67% | $6 billion (USD) | NYSE | 16,824,756 | Buy now |
The technology industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering quantum computing stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best quantum computing stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong quantum computing stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular quantum computing stocks in or related to the technology industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some quantum computing stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each quantum computing stock below. Keep reading to decide if any of these companies are the right investment for you.
Microsoft Corporation, a technology company, develops and supports a portfolio of technology solutions for individuals and businesses worldwide. It operates through three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
The Productivity and Business Processes segment offers Microsoft 365 Commercial, Enterprise Mobility + Security, Power BI, Exchange, SharePoint, Microsoft Teams, Microsoft 365 Security and Compliance, Microsoft 365 Copilot, and Windows Commercial on-premises and Office licensed on-premises.
| Closing stock price | $487.46 |
|---|---|
| Market Capitalization | $3.6 trillion |
| Gross profit (TTM) | $225.5 billion |
| Profit margin | 40.31% |
| Revenue (TTM) | $331.8 billion |
| Earnings per share (TTM) | $17.74 |
| 52-week stock price range | $349.20 – $550.24 |
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments.
The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.
| Closing stock price | $235.92 |
|---|---|
| Market Capitalization | $208.9 billion |
| Gross profit (TTM) | $40.1 billion |
| Profit margin | 15.52% |
| Revenue (TTM) | $69.1 billion |
| Earnings per share (TTM) | $11.02 |
| 52-week stock price range | $199.19 – $332.46 |
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally. It sells access to quantum computers of various qubit capacities.
The company also makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS), Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service.
| Closing stock price | $39.93 |
|---|---|
| Market Capitalization | $13.4 billion |
| Gross profit (TTM) | $67.6 million |
| Profit margin | 174.88% |
| Revenue (TTM) | $187.1 million |
| Earnings per share (TTM) | $0.44 |
| 52-week stock price range | $25.89 – $84.64 |
Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS).
It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer.
| Closing stock price | $16.78 |
|---|---|
| Market Capitalization | $5.3 billion |
| Gross profit (TTM) | $3 million |
| Revenue (TTM) | $10 million |
| Earnings per share (TTM) | -$0.89 |
| 52-week stock price range | $12.53 – $58.15 |
Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States. The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets.
It is also developing the entropy quantum computer (EQC), a quantum application of Core Photonics Technology, designed to solve complex optimization problems.
| Closing stock price | $8.88 |
|---|---|
| Market Capitalization | $2 billion |
| Gross profit (TTM) | $-667,000 |
| Revenue (TTM) | $4.3 million |
| Earnings per share (TTM) | -$0.25 |
| 52-week stock price range | $6.18 – $25.84 |
Xanadu Quantum Technologies Limited develops and provides photonic quantum computing technology and related software solutions and applications, including cloud-based access to quantum computers and tools for quantum programming and simulation. The company provides access to photonic quantum computers through x-series devices available via the cloud, supporting programmable quantum gates and photon-number resolving detectors.
It offers Pennylane, a cross-platform python library that enables a paradigm and quantum differentiable programming that enables integration with machine learning tools; and Catalyst for just-in-time compilation and optimization of quantum algorithms.
| Closing stock price | C$16.06 |
|---|---|
| Market Capitalization | C$4.6 billion |
| Gross profit (TTM) | C$6.3 million |
| Revenue (TTM) | C$6.8 million |
| Earnings per share (TTM) | -C$0.26 |
| 52-week stock price range | C$9.75 – C$57.00 |
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server.
The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access.
| Closing stock price | $21.39 |
|---|---|
| Market Capitalization | $6 billion |
| Gross profit (TTM) | $8.2 million |
| Revenue (TTM) | $12.4 million |
| Earnings per share (TTM) | -$1.14 |
| 52-week stock price range | $12.75 – $46.75 |
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