2 Quantum Computing Stocks With as Much as 162% and 197% Upside, According to Certain Wall Street Analysts

Core Viewpoint - Quantum computing stocks have experienced significant volatility, with some stocks plummeting to penny stock levels in 2022 and 2023, but have seen a resurgence in late 2024 and 2025, driven by excitement over AI and the realization of quantum technology's potential [1][2] Group 1: Rigetti Computing - Rigetti Computing is projected to have a 162% upside according to Wall Street analysts, with expectations that quantum computing will be the next major iteration of computing [3][10] - The company is set to release its 108-qubit system by the end of Q1, achieving a two-qubit gate fidelity of 99%, indicating high accuracy [5][8] - Despite a 32% decline in stock value this year, 8 out of 10 analysts maintain a buy rating, with an average one-year price target suggesting a nearly 117% upside [7][8] Group 2: IonQ - IonQ is expected to have a 197% upside, having set a world record for error rate with a two-qubit gate fidelity of over 99.99% [10][11] - The company plans to demonstrate its 256-qubit system this year, and despite a 28% decline in stock value, 8 out of 10 analysts have a buy rating [11][12] - IonQ is projected to generate $130 million in revenue for 2025, representing over 200% year-over-year growth, and has a strong cash position of nearly $2.4 billion [14]