Best Quantum Computing Stocks to Buy, According to Grok’s Research

TLDR

Table of Contents

IonQ stock jumped 678% in 12 months with 2025 revenue expected to reach $82-$100 million, nearly triple 2024 figures
Rigetti Computing surged 5,450% over the past year after unveiling a 36-qubit system and receiving $35 million from Quanta Computer
D-Wave Quantum climbed over 2,000% with its customer base growing to 153 clients and bookings increasing 128%
Quantum computing market forecasts predict $170 billion in value by 2040 as commercial applications expand
All three companies operate with high valuations and ongoing losses as they develop next-generation computing technology

Three quantum computing companies are posting unprecedented stock gains as the sector moves closer to commercial viability. IonQ, Rigetti Computing, and D-Wave Quantum have delivered returns ranging from 678% to 5,450% over the past year.

The quantum computing industry is expected to grow into a $170 billion market by 2040. These companies are building systems that use qubits to perform calculations in ways traditional computers cannot. Applications include drug development, secure communications, and solving complex optimization problems.

Each company uses different quantum computing methods. IonQ employs trapped-ion technology, Rigetti uses superconducting qubits, and D-Wave focuses on quantum annealing. All three currently sell cloud-based access to their quantum systems.

IonQ Revenue Growth Drives Stock Performance

IonQ stock trades near $59 with a market capitalization around $20 billion. The company increased its 2025 revenue forecast to $82-$100 million, up from $37.5 million in 2024. Third quarter revenue reached $12.4 million, a 102% year-over-year increase.

IonQ, Inc., IONQ

The Maryland-based company became the first quantum hardware provider available on Amazon Web Services, Microsoft Azure, and Google Cloud. Amazon invested $36.7 million in IonQ through an equity stake. The company recently achieved 64 algorithmic qubits in its systems.

IonQ stock gained 678% over 12 months and 77.9% year-to-date. Eight Wall Street analysts cover the stock with six Buy ratings and two Holds. The average price target stands at $64.57, with B. Riley Securities maintaining a $100 target.

Rigetti Computing Plans 100-Qubit System Launch

Rigetti Computing shares trade around $39.60 after gaining 5,450% in the past year. The Berkeley-based company launched its 36-qubit multi-chip system in August. A 100-qubit platform is scheduled for release within six months.

Rigetti Computing, Inc., RGTI

The company sold two Novera 9-qubit systems for $5.7 million in recent deals. Quanta Computer provided a $35 million investment in April. Rigetti’s Ankaa-2 processor operates on Amazon’s Braket quantum computing service.

Six analysts rate Rigetti stock as a Buy with no Holds or Sells. Price targets average $30.25, ranging from $18 to $50. Benchmark analyst David Williams maintains a $50 target. The stock gained 183.3% year-to-date and 223% in the last 90 days.

D-Wave Customer Base Reaches 153 Companies

D-Wave Quantum stock trades near $31 after climbing over 2,000% in 12 months. The Vancouver-based company reported 153 customers at the end of 2024. Bookings totaled $24 million, up 128% from the previous year.

D-Wave Quantum Inc., QBTS

D-Wave’s quantum annealing technology handles optimization problems for clients including Volkswagen and Lockheed Martin. The company holds $819 million in cash and projects revenue growth from $9 million in 2024.

Ten analysts give D-Wave a Buy rating with price targets averaging $20.50. Roth Capital raised its target to $50 following a European partnership announcement. The stock gained 2,150% year-to-date and 387% over six months.

Conclusion

Quantum computing is accelerating in 2025, and IonQ, Rigetti, and D-Wave remain the purest, highest-conviction plays in this multi-trillion-dollar frontier. With unanimous Strong Buy analyst ratings and breakthrough momentum, these stocks capture the sector’s explosive potential.