We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
2 Quantum Stocks With 100%+ Upside After the Quantinuum-SoftBank Deal
Read MoreHide Full Article
Key Takeaways
Quantinuum-SoftBank outlined practical quantum applications and a hybrid computing roadmap for enterprises.
D-Wave Quantum posted nearly 2,000% booking growth as analysts see 129.1% upside from recent levels.
Rigetti Computing secured potential U.S. funding and analysts see 117.5% upside from recent levels.
Quantinuum (QNT - Free Report) and SoftBank's (SFTBY - Free Report) release of the joint white paper, Quantum Computing Frontiers, marks another step in the quantum computing industry's shift toward commercialization. Rather than focusing on hardware milestones or qubit counts, the paper outlines practical applications for quantum technologies across telecommunications, financial services, materials science and cybersecurity, while emphasizing hybrid quantum-classical computing as the most viable path to enterprise adoption.
The initiative comes as enterprises increasingly invest in AI, cloud and high-performance computing infrastructure, while governments worldwide continue funding quantum research and promoting the development of strategic technologies.
Against this backdrop, investors seeking exposure to the sector may consider D-Wave Quantum (QBTS - Free Report) and Rigetti Computing (RGTI - Free Report) , both of which carry price targets with more than 100% upside from current trading levels.
Government Initiatives and AI Spending Fuel Quantum Investment
The Quantinuum-SoftBank collaboration comes at a time when the global policy and investment environment is becoming increasingly supportive of quantum computing. Governments are treating quantum as a strategic technology alongside artificial intelligence and semiconductors, driven by its potential applications in national security, cybersecurity and scientific research.
In the United States, recent federal initiatives have increased support for domestic quantum capabilities, including a broader $2 billion investment package for quantum manufacturing and infrastructure, alongside policy efforts to accelerate commercialization and strengthen the domestic supply chain. The United Kingdom has also reaffirmed its long-term commitment through multi-year funding for quantum technologies, while countries across Europe and Asia continue expanding national quantum programs.
These policy initiatives are increasingly being complemented by private-sector investment and commercial partnerships. Major technology companies continue expanding AI and high-performance computing infrastructure, creating demand for hybrid computing architectures that combine classical, AI and quantum systems.
Against this backdrop, the Quantinuum-SoftBank white paper is consistent with the industry's broader direction, focusing on commercially relevant applications such as quantum chemistry and graph analytics, while providing a roadmap for when these use cases could become practical as hardware advances.
2 Quantum Stocks With 100%+ Price Target
QBTS: D-Wave Quantum announced the transfer of its stock listing to the Nasdaq Global Market, a move intended to broaden its visibility among institutional investors and improve trading liquidity. Earlier this month, D-Wave earned recognition as one of only two Leaders in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment, highlighting its growing traction in enterprise quantum computing. Backed by first-quarter bookings of $33.4 million, a nearly 2,000% year-over-year increase and a robust cash and investments balance, the company appears well positioned to benefit as commercial demand for quantum solutions continues to rise.
Based on short-term price targets offered by 13 analysts, the average price target for D-Wave of $38.31 represents an increase of 129.1% from the last closing price. The stock carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Image Source: Zacks Investment Research
RGTI: Rigetti, too, is leveraging favorable industry and policy trends to strengthen its long-term growth prospects. In May, the company signed a letter of intent with the U.S. Department of Commerce for an award of up to $100 million over three years to accelerate superconducting quantum computing research and development, highlighting growing government support for domestic quantum capabilities.
The company ended the first quarter of 2026 with a strong cash position and no debt, providing financial flexibility to execute its technology roadmap. Coupled with the commercial rollout of its 108-qubit Cepheus-1 system and continued focus on full-stack quantum computing, Rigetti remains well positioned to benefit as enterprise adoption and public-sector investment in quantum technologies continue to expand.
Based on short-term price targets offered by 10 analysts, the average price target for Rigetti of $31.00 represents an increase of 117.5% from the last closing price. This stock carries a Zacks Rank #3 (Hold).
View the Zacks #1 Rank List
Image: Bigstock
2 Quantum Stocks With 100%+ Upside After the Quantinuum-SoftBank Deal
Key Takeaways
Quantinuum (QNT - Free Report) and SoftBank's (SFTBY - Free Report) release of the joint white paper, Quantum Computing Frontiers, marks another step in the quantum computing industry's shift toward commercialization. Rather than focusing on hardware milestones or qubit counts, the paper outlines practical applications for quantum technologies across telecommunications, financial services, materials science and cybersecurity, while emphasizing hybrid quantum-classical computing as the most viable path to enterprise adoption.
The initiative comes as enterprises increasingly invest in AI, cloud and high-performance computing infrastructure, while governments worldwide continue funding quantum research and promoting the development of strategic technologies.
Against this backdrop, investors seeking exposure to the sector may consider D-Wave Quantum (QBTS - Free Report) and Rigetti Computing (RGTI - Free Report) , both of which carry price targets with more than 100% upside from current trading levels.
Government Initiatives and AI Spending Fuel Quantum Investment
The Quantinuum-SoftBank collaboration comes at a time when the global policy and investment environment is becoming increasingly supportive of quantum computing. Governments are treating quantum as a strategic technology alongside artificial intelligence and semiconductors, driven by its potential applications in national security, cybersecurity and scientific research.
In the United States, recent federal initiatives have increased support for domestic quantum capabilities, including a broader $2 billion investment package for quantum manufacturing and infrastructure, alongside policy efforts to accelerate commercialization and strengthen the domestic supply chain. The United Kingdom has also reaffirmed its long-term commitment through multi-year funding for quantum technologies, while countries across Europe and Asia continue expanding national quantum programs.
These policy initiatives are increasingly being complemented by private-sector investment and commercial partnerships. Major technology companies continue expanding AI and high-performance computing infrastructure, creating demand for hybrid computing architectures that combine classical, AI and quantum systems.
Against this backdrop, the Quantinuum-SoftBank white paper is consistent with the industry's broader direction, focusing on commercially relevant applications such as quantum chemistry and graph analytics, while providing a roadmap for when these use cases could become practical as hardware advances.
2 Quantum Stocks With 100%+ Price Target
QBTS: D-Wave Quantum announced the transfer of its stock listing to the Nasdaq Global Market, a move intended to broaden its visibility among institutional investors and improve trading liquidity. Earlier this month, D-Wave earned recognition as one of only two Leaders in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment, highlighting its growing traction in enterprise quantum computing. Backed by first-quarter bookings of $33.4 million, a nearly 2,000% year-over-year increase and a robust cash and investments balance, the company appears well positioned to benefit as commercial demand for quantum solutions continues to rise.
Based on short-term price targets offered by 13 analysts, the average price target for D-Wave of $38.31 represents an increase of 129.1% from the last closing price. The stock carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Image Source: Zacks Investment Research
RGTI: Rigetti, too, is leveraging favorable industry and policy trends to strengthen its long-term growth prospects. In May, the company signed a letter of intent with the U.S. Department of Commerce for an award of up to $100 million over three years to accelerate superconducting quantum computing research and development, highlighting growing government support for domestic quantum capabilities.
The company ended the first quarter of 2026 with a strong cash position and no debt, providing financial flexibility to execute its technology roadmap. Coupled with the commercial rollout of its 108-qubit Cepheus-1 system and continued focus on full-stack quantum computing, Rigetti remains well positioned to benefit as enterprise adoption and public-sector investment in quantum technologies continue to expand.
Based on short-term price targets offered by 10 analysts, the average price target for Rigetti of $31.00 represents an increase of 117.5% from the last closing price. This stock carries a Zacks Rank #3 (Hold).
Image Source: Zacks Investment Research