10 Best Quantum Computing Stocks to Buy According to Analysts

3. Alphabet Inc. (NASDAQ:GOOG)

Median Upside Potential: 19.89% 

Number of Analysts: 39

Insider Monkey Score: 31.5

Alphabet Inc. (NASDAQ:GOOG) is the all-too-well-known technology company known for owning and operating the search engine Google and web browser Chrome. Being that quantum-computing industry is capital-intensive, Alphabet Inc. (NASDAQ:GOOG)’s financial strength gives it an advantage, and it has made full use of the advantage. In 2019, the company claimed it had achieved quantum supremacy through its cutting-edge Sycamore system.

Alphabet is also one of the very few companies that are realistically at the bleeding edge of quantum-computing research. High error rates are the biggest obstruction to a scalable quantum computing system. As mentioned earlier, Alphabet, through its Quantum AI arm, made a breakthrough in 2023 in reducing error rates even with increased qubits. However, rare error-correlated events prevented Quantum AI researchers from demonstrating an error rate that was reduced enough for quantum computing to be scalable.