Quantum Computing Stocks: UBS Eyes IBM, Google, IonQ. Infleqtion To Go Public. - Investor's Business Daily

Add UBS to the growing number of Wall Street firms paying attention to quantum computing stocks. In an-in-depth report published on Monday, UBS noted the competitive strength of tech giants such as IBM (IBM). Quantum computing works on a subatomic level and uses exotic technologies, like supercold superconductor chips. Quantum computing aims to solve problems too complex for today's classical computers, such as simulating chemical reactions. Traditional computers use electronic circuits to store information as digital zeros and ones. Instead, quantum machines rely on processors known as "qubits." ↑ X More Videos0 seconds of 0 secondsVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsEnabledDisabledShortcuts Open/Close/ or ?Play/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemDecrease Caption Size-Increase Caption Size+ or =Seek %0-9 Next UpCES 2026: Why This Year’s Conference Is AI’s Ultimate Commercial Proving Ground13:27Subtitle SettingsOffEnglishFont ColorWhiteFont Opacity100%Font Size100%Font Familysans-serifCharacter EdgeNoneEdge ColorBlackBackground ColorBlackBackground Opacity75%Window ColorBlackWindow Opacity0%ResetWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialCourierGeorgiaImpactLucida ConsoleTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyanWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%0.5x1x1.25x1.5x2xLive00:0000:0000:00 What Is A Quantum Computer?

See All Videos NOW PLAYING What Is A Quantum Computer? Qubit-based computing can be prone to errors from small environmental disturbances and other factors. For quantum computing to reach its potential, logical qubits will require robust error correction. The race is on to build "fault-tolerant" quantum computers that scale up and correct errors, allowing for complex, sustained calculations. There are many approaches to quantum computing, including qubit technologies that use superconducting, ion-trapped, annealing and photonic methods.

Quantum Computing Stocks: Tech Giants Loom While IBM and Alphabet's (GOOGL) Google are pursuing superconducting-based quantum technology, IonQ (IONQ) is developing trapped ion systems, the UBS report noted. "Who will win out will depend largely on the modality of qubit that succeeds first," said UBS analyst Madeleine Jenkins in a report. "As it stands we see superconducting and trapped ion as the most advanced, with Google leading in software/quantum error correction. Microsoft (MSFT) and Amazon.com (AMZN) are more diversified, offering mixed modalities (from pure plays) over cloud computing. Public pure plays with thematic exposure include IonQ, D-Wave, and Rigetti, alongside private companies such as IQM and PsiQuantum." JPMorgan, Jefferies, Evercore ISI, Cantor Fitzgerald and Mizuho Securities in 2025 initiated coverage on some quantum companies while Barclays and Bank of America published in-depth reports on the emerging technology.

Quantum Computing Stocks: Xanadu, Infleqtion So far in 2026, D-Wave Quantum (RGTI) shares have climbed roughly 13%. Quantum Computing (QUBT) has popped about 14%. Quantum computing stocks have been volatile since late 2024 when a Google announcement sparked a big rally. However, uncertainty over commercialization and competition from tech industry giants have been key issues. Nvidia (NVDA) has offered differing views. Join IBD Live For Stock Ideas Each Morning Before The Open Further, photonic quantum computing firm Xanadu in November announced plans to go public via a SPAC deal with Crane Harbor Acquisition (CHAC). Special purpose acquisition companies, or SPACs, raise money in an initial public offering with the purpose of acquiring companies. Startup Infleqtion also plans to go public via a SPAC deal with Churchill Capital Corp X. IonQ, Rigetti and D-Wave went public via the SPAC route in 2021 and 2022.

Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing. YOU MAY ALSO LIKE: Biotech Stocks' Dark Winter Is Over.

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