3 Quantum Computing Stocks to Buy Now With New Street-High Price Targets

Core Insights - Quantum computing stocks have experienced significant gains over the past year, indicating a potential watershed moment as major investment banks recognize their long-term potential despite many being pre-revenue [1] Market Overview - The global quantum computing market is expected to grow from $3.52 billion in 2025 to approximately $20.20 billion by 2030, reflecting a compound annual growth rate (CAGR) of 41.8% [2] Company Highlights - IonQ (IONQ): - Leading quantum computing startup developing trapped-ion quantum computers, with a price target raised from $75 to $100 by B. Riley analyst Craig Ellis, maintaining a "Buy" rating [4] - Stock has increased by 833% over the past year, supported by significant cash raises to expand its operations and partnerships with major cloud platforms like Amazon, Microsoft, and Google [6] - D-Wave Quantum (QBTS): - Emerging as a frontrunner in quantum computing, particularly in quantum annealing systems, with a stock increase of 2,715% over the past year due to breakthroughs and effective public relations strategies [9]