10 Best Quantum Computing Stocks to Buy According to Analysts

8. International Business Machines Corporation (NYSE:IBM)

High Upside Potential: 7.64% 

Number of Analysts: 14

Insider Monkey Weighted Score: 7.1

International Business Machines Corporation (NYSE:IBM) is an American technology company known mostly for its computing products and services. International Business Machines Corporation (NYSE:IBM) has been one of the early pioneers in the quantum computing industry, with its IBM Quantum System One being one of the earliest efforts at quantum computing. In 2023, International Business Machines Corporation (NYSE:IBM) shifted its strategy from focusing just on qubit scaling to emphasizing on gate-operations quality as well, to improve overall computing efficiency.

In 2023, the company claimed it had achieved quantum utility in research it published in Nature. In October 2024, the company opened its first European quantum data center in Germany, allowing the company to provide utility-grade quantum services to European customers, and expanding in quantum markets outside the US.

In 2025, the company aims to demonstrate quantum-centric supercomputing, scale systems and reduce costs through 2027, and deliver a fully error-corrected quantum computer in 2029. According to the company’s quantum roadmap, all its 2023 objectives have been met, 2024 objectives are well on schedule. As of 2020, the company has over a 100 customers of its quantum computing technology.