2 Top-Rated Quantum Computing Stocks to Buy on the Dip - Barchart.com

News Menu News Barchart Markets Today Barchart News Exclusives Contributors Chart of the Day News Feeds Featured Authors Andrew Hecht Austin Schroeder Caleb Naysmith Darin Newsom Don Dawson Gavin McMaster Jim Van Meerten Justin Estes Mark Hake Oleksandr Pylypenko Rich Asplund Rick Orford Rob Isbitts Sarah Holzmann All Authors Commodity News All Commodities Energy Grains Livestock Metals Softs Financial News All Financials Crypto Dividends ETFs Event Market News FX Interest Rates Options Stock Market Free Newsletters All Free Newsletters The Barchart Brief Active Investor Unusual Options Activity Dividend Investor Pre-Market Bulletin Commodity Bulletin Chart of the Day Ag Market Commentary Press Releases All Press Releases ACCESS Newswire Business Wire GlobeNewswire TMX Newsfile PR Newswire 2 Top-Rated Quantum Computing Stocks to Buy on the Dip Faisal Humayun Khan - Barchart - Tue Feb 3, 6:30AM CST Columnist All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here Follow this Author + Follow Share Image by Funtap via Shutterstock While the AI-driven rally in technology stocks has created immense wealth, there is an underlying concern about valuations. As Microsoft (MSFT) reported Q2 earnings, the stock fell by almost 12% on concerns related to high capital expenditures and Azure’s revenue growth being just above expectations. This triggered a broader selloff in the technology sector, with quantum computing stocks being among the victims. However, for investors focused on long-term fundamentals, the correction seems like a good buying opportunity. To put things into perspective, McKinsey believes that the quantum computing market is expected to grow from $4 billion in 2024 to $72 billion by 2035. Further, if quantum computing, quantum communication, and quantum sensing are included, the market is likely to swell to $97 billion by 2035. Clearly, it’s just early days for quantum computing, and some of the top stocks are positioned for significant value creation. D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) are the two top-rated stocks to buy on corrections.

Quantum Computing Stock #1: D-Wave Quantum (QBTS) Headquartered in Palo Alto, D-Wave is a developer of quantum computing systems, software, and services. The company claims to be the first commercial supplier of quantum computers. Further, it’s the only company offering dual-platform quantum computing that includes both annealing and gate-model quantum computing technologies. Even after the recent correction, QBTS stock has witnessed a strong upside of 245% in the last 52 weeks. This rally has been supported by the growth potential considering the significant addressable market. www.barchart.com From a valuation perspective, QBTS stock trades at a price-to-sales ratio of 255.9. Further, a price-to-book value of 11.98 seems stretched. However, with the company at an inflection point of growth, the metrics are likely to change meaningfully in the next few years. For Q3 2025, D-Wave reported revenue of $3.7 million, which was higher by 100% on a year-over-year (YoY) basis. With bookings accelerating, it’s likely that top-line growth will remain robust. While adjusted EBITDA loss was $20.6 million, cash burn is unlikely to be a concern in the early stages of growth. As of Q3, a cash buffer of $836 million provides ample headroom for investment in growth, innovation, and potential acquisitions. Therefore, even with the recent correction, QBTS stock has a “Strong Buy” rating based on the consensus estimate of 15 analysts. Further, a mean price target of $40.36 implies an upside potential of 90%. www.barchart.com Quantum Computing Stock #2: Rigetti Computing (RGTI) Headquartered in Berkeley, Rigetti builds quantum computers and superconducting quantum processors. Currently, the company’s quantum computing systems have achieved gate speeds of 50-70 ns. This is around 1,000 times faster than other modalities such as ion traps and neutral atoms. Rigetti is high on innovation with a robust IP portfolio of 281 issued and pending patents across quantum engineering, fabrication, and algorithms. RGTI stock has trended higher by almost 34% in the last 52 weeks. However, there has been a sharp correction from all-time highs, and it seems like a good opportunity to accumulate. www.barchart.com From a valuation perspective, RGTI stock trades at a price-to-sales ratio of 688. Further, a price-to-book value of 17.37 seems stretched. However, these metrics are not the best indicator of the valuation of an early-stage company with a big addressable market and an innovation edge. For Q3 2025, Rigetti reported revenue of $1.9 million. Operating loss for the period was $20.5 million. However, a cash buffer of $600 million ensures flexibility for aggressive investments in innovation. The cash burn is unlikely to be a concern if the top-line growth accelerates. From a technology roadmap perspective, the company expects to deploy a 150+ qubit system by the end of 2026. Further, a 1,000+ qubit system is expected to be deployed by the end of 2027. Therefore, with a positive outlook for the next 24 months, RGTI stock has a “Strong Buy” rating based on the consensus estimate of 11 analysts. Further, a mean price target of $40.30 implies an upside potential of 129%. www.barchart.com On the date of publication, Faisal Humayun Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More News from Barchart Related Symbols Symbol Last Chg %Chg MSFT 401.88 -2.49 -0.61% Microsoft Corp QBTS 18.82 -0.82 -4.18% D-Wave Quantum Inc RGTI 14.99 -1.44 -8.76% Rigetti Computing Inc 1/1 Skip Ad Continue watchingafter the adVisit Advertiser websiteGO TO PAGES&P Futures Tick Higher With All Eyes on Key U.S.

Jobs Report Don’t Miss a Minute of Daily Action Our exclusive midday newsletter highlights top stories, big movers, and breakout charts. By clicking Sign Up Now to receive this free newsletter, you will also receive free Barchart Partner emails. Opt-out any time. See Terms of Service and Privacy Policy for details. Opt-out any time. See Terms of Service and Privacy Policy for details.