Quantum computing, though still in its early stages, is expected to be the next big revolution after artificial intelligence (AI). This emerging technology can tackle complex problems more quickly than traditional computers due to its ability to process information using quantum bits (qubits) instead of regular bits. Thus, investing in quantum computing stocks could give long-term investors a chance to benefit from new technology and market growth.
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To find such stocks, take a look at TipRanks’ Quantum Computing Stocks page. It allows you to compare stocks based on analyst consensus, price targets, and key technical indicators among others.
When selecting stocks to buy, it can be helpful to consider the sentiments of other individual investors. With that in mind, here are today’s top quantum computing stock picks, which have received a bullish investor sentiment signal based on several portfolios analyzed by TipRanks. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
SEALSQ (LAES) – SEALSQ is working on quantum-safe tech, including a new chip called QS7001 that uses secure algorithms to protect against future quantum threats. It is also building Spain’s first post-quantum semiconductor center and investing in AI and cybersecurity tools.
Overall, the analyst consensus on the stock is Moderate Buy. Also, LAES stock has an average price target of $6.00, which implies upside of 61.73%. Further, the stock has a Positive investor sentiment signal.
Arqit Quantum (ARQQ) – Arqit Quantum is working on encryption technology to protect communications from future quantum threats. Its main product, QuantumCloud, creates secure keys that can be used with current networks and are strong enough to resist quantum attacks.
Overall, the analyst consensus on the stock is Moderate Buy. Based on the average price target of $52, ARQQ stock has a potential upside of 38.19%. Moreover, ARQQ stock has a Positive investor sentiment signal.
RTX (RTX) – RTX is exploring quantum tech to improve defense systems. It is working on quantum sensing, secure communications, and radar that could help detect threats more accurately and protect data in future military use.
RTX stock has an analyst consensus of Moderate Buy and a Very Positive investor sentiment signal. Also, its average price target of $167.08 implies upside potential of 2.26%.
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