10 Best Quantum Computing Stocks to Buy According to Analysts

4. Microsoft Corporation (NASDAQ:MSFT)

Median Upside Potential: 15.79% 

Number of Analysts: 33

Insider Monkey Weighted Score: 26.1

Microsoft Corporation (NASDAQ:MSFT) is another big player in the quantum computing industry. Microsoft is taking an approach to error-rate reduction that is considered more challenging but also more rewarding. In 2022, Microsoft Corporation (NASDAQ:MSFT)’s initiative – Azure Quantum – demonstrated the proof of concept for building topological qubits. These qubits are inherently more resilient to decoherence than traditional qubits.

In February 2024, Microsoft announced that DARPA renewed funding for Azure Quantum to develop a utility-scale quantum computer based on topological qubits, due to the project’s promising recent results. The company will design a prototype for a fault-tolerant quantum computer based on topological qubits.