Quantum Computing Stocks Poised for Growth as Market Eyes $7.3 Billion by 2030
IonQ leads the charge in trapped-ion quantum systems, trading at $47.42 with a Moderate Buy rating and a $76.11 price target. Recent government contracts and advancements in quantum fidelity position it as a key player in enterprise optimization and simulation, despite profitability challenges typical of early-stage quantum firms.
Rigetti Computing has delivered 68.48% year-to-date returns, now priced at $25.71. The company aims to scale beyond 1,000 qubits by 2026, with analysts setting a $40.50 price target. Its focus on superconducting qubit technology underscores the competitive race for quantum supremacy.
NVIDIA integrates quantum computing with classical GPUs through its CUDA-Q platform. Trading at $179.50, the stock holds a Buy rating and a $254.80 target, reflecting confidence in its hybrid quantum-classical computing approach.
Microsoft advances its quantum ambitions with the Majorana 1 chip and Azure Quantum services. Priced at $486.75, the tech giant enjoys a Strong Buy consensus and a $628.03 target, leveraging its cloud infrastructure to democratize quantum access.
IBM’s Quantum Starling roadmap targets a 20,000x performance leap by 2029. Currently trading at $303.87, Big Blue maintains a Buy rating despite a modest 2025 price target of $295.17, signaling long-term bets on error-corrected quantum systems.