We recently published a list of 11 Best Quantum Computing Stocks to Buy Right Now. In this article, we are going to take a look at where FormFactor, Inc. (NASDAQ:FORM) stands against other best quantum computing stocks to buy right now.
Quantum computing continues to advance rapidly, which has been helping businesses get new opportunities related to security, AI, optimization, and scientific discovery. As per PwC, the increasing recognition of quantum computing’s potential to revolutionize numerous industries has placed the momentum for significant breakthroughs. For example, quantum simulations in healthcare enable scientists to model complex molecular interactions, which helps in ramping up the discovery of new drugs and materials.
Therefore, quantum has the potential to advance complex problem-solving, speed up the scientific discovery, and lead to the development of entirely new technologies. PwC believes that quantum possesses numerous implications for operational, R&D, and security and controls.
What Lies Ahead for Quantum Computing Industry?
As per Stellar Market Research, quantum computing use cases are expected to have a hybrid operating model, representing a blend of quantum and traditional high-performance computing until around 2032. For instance, a quantum-inspired algorithm can result in improvements in traditional high-performance computers. Fortune Business Insights believes that the quantum computing market growth is expected to be fueled by advanced problem-solving, AI advancements, and global investments.
Commonwealth Scientific and Industrial Research Organisation (CSIRO) mentioned that the United Nations has designated 2025 to be the International Year of Quantum Science and Technology. Over the upcoming years, quantum chips are expected to scale up. Furthermore, the next generation of quantum processors are expected to be supported by logical qubits. Through the use of quantum simulations on normal computers, the researchers continue to develop and test numerous quantum algorithms. When the quantum hardware catches up, this can make quantum computing ready for useful applications, says the firm.
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Our Methodology
To list the 11 Best Quantum Computing Stocks to Buy Right Now, we sifted through several online rankings to shortlist the companies catering to the broader quantum computing sector. Next, we chose the ones that are popular among the hedge funds. Finally, the stocks are ranked in ascending order of their hedge fund sentiments, as of Q4 2024.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A close up of a technician’s hands manipulating a temperature control system for a thermal system.
FormFactor, Inc. (NASDAQ:FORM)
Number of Hedge Fund Holders: 26
FormFactor, Inc. (NASDAQ:FORM) provides advanced testing and measurement solutions which are critical for development and scaling of quantum processors. In a positive development, the company and Delft Circuits, which is an innovator in high-density cryogenic cabling solutions, have joined hands to integrate Delft Circuits’ Cri/oFlex® product portfolio into FormFactor, Inc. (NASDAQ:FORM)’s cryogenic test systems. The partnership focuses on addressing the growing demand for scalable, high-density interconnect solutions in quantum computing, allowing the industry to cater to increased demands for computation power and efficient system interfacing.
Delft Circuits’ technology perfectly complements FormFactor, Inc. (NASDAQ:FORM)’s systems, enabling the latter to provide its customers some of the highest channel densities in the industry while, at the same time, maintaining the precision and reliability. As quantum computing progresses to commercialization, FormFactor, Inc. (NASDAQ:FORM)’s testing and cryogenic solutions are expected to see higher demand. Also, FormFactor, Inc. (NASDAQ:FORM), in collaboration with Tabor Electronics LLC, announced the Echo-5Q project, demonstrating comprehensive 5-Qubit Quantum Computer focused on research and education sectors, using a Quantum Processing Unit (QPU) offered by QuantWare. This JV demonstrates the capacity of the involved companies to strengthen the quantum computing industry via distinct technologies.
Overall, FORM ranks 7th on our list of best quantum computing stocks to buy right now. While we acknowledge the potential of FORM as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than FORM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.