Expert: The Nvidia-Driven Selloff in Quantum Computing Stocks Is a Reason to Double Down on These 4 Names

Nvidia (NVDA) CEO Jensen Huang and Meta (META) CEO Mark Zuckerberg’s recent comments about quantum computing’s timeline sent shockwaves through the industry’s pure-play stocks. But for investors with a sizeable risk appetite, the selloff in quantum computing names like Quantum Computing (QUBT), D-Wave Quantum (QBTS), IonQ (IONQ), and Rigetti Computing (RGTI) could set the stage for strategic acquisitions by tech giants looking to establish their footprint in this highly disruptive segment. 

During his keynote at CES 2025, Huang suggested that practical quantum computers are likely 20 years away, which has caused the shares of major players to plummet. Soon after, D-Wave’s CEO Alan Baratz quickly contested Huang’s timeline, asserting that his company already delivers commercial quantum computing solutions to clients like Mastercard (MA). 

Building on this, in an interview with The Street, Wall Street veteran Stephen Guilfoyle explained that legacy tech companies could soon consider strategic acquisitions in this segment to gain a foothold in a rapidly expanding addressable market. 

Given these factors, you can consider buying four quantum computing stocks right now. 

Stock #1: Quantum Computing 

Quantum Computing (QUBT) is a Virginia-based software company that bridges classical and quantum computing through its main product, Qatalyst. The application accelerator allows developers to create quantum-ready software that can run on traditional computers while being future-proofed for quantum systems. The company’s hardware-agnostic platform supports multiple quantum processing units from major providers like D-Wave, Rigetti, and IonQ. Founded in 2018, QUBT primarily serves government and commercial clients.

Quantum Computing, valued at $1.16 billion, is forecast to end 2025 with sales of $1.5 million, up from $500,000 in 2024. A single analyst who tracks QUBT stock recommends a “Moderate Buy” with a target price of $8.50, 23% higher than its current trading price. 

Stock #2: D-Wave Quantum 

D-Wave is a Canadian quantum computing company that offers a full-stack quantum solution, from hardware to cloud services. Its flagship products include the Advantage quantum computer (a fifth-generation system) and Leap, a cloud platform that gives users real-time access to quantum computing resources. D-Wave also provides a software development kit called Ocean and professional services through D-Wave Launch to help enterprises implement quantum solutions.

Unlike competitors focusing solely on research or future applications, D-Wave emphasizes practical business applications in areas such as artificial intelligence, materials science, drug discovery, logistics, and financial modeling. It has adopted a hybrid approach, combining quantum and classical computing to solve real-world problems in the manufacturing, financial services, and life sciences sectors.

Valued at a market cap of $1.55 billion, D-Wave is forecast to report sales of $14.8 million in 2025, up from $8.76 million in 2024. Out of the seven analysts covering QBTS, six recommend “Strong Buy” and one recommends “Moderate Buy.” The average target price for QBTS is $5.18, 30% above its $4 price. 

Stock #3: IonQ 

IonQ develops general-purpose quantum computers and has distinguished itself by making quantum computing accessible through major cloud platforms. It provides access to 20-qubit quantum computers through partnerships with tech giants like Amazon (AMZN) (via AWS Braket), Microsoft (MSFT) (via Azure Quantum), and Google (GOOG) (GOOGL) (via Cloud Marketplace), as well as through its own cloud service.

Founded in 2015 and based in Maryland, IonQ has established itself as one of the leading pure-play quantum computing companies by making its quantum systems widely accessible through cloud integration rather than requiring customers to purchase physical quantum computers.

A cloud-first strategy allows developers and businesses to experiment with and utilize quantum computing capabilities without needing on-premises quantum hardware, lowering the barrier to entry for quantum computing adoption.

Valued at a market cap of $7 billion, IonQ is forecast to report sales of $83.45 million in 2025, up from $41.64 million in 2024. Out of the five analysts covering IONQ, two recommend “Strong Buy,” one recommends “Moderate Buy” and two recommend “Hold.” The average target price for IONQ is $26, lower than the current trading price of $28.45.

Stock #4: Rigetti Computing

Rigetti Computing is a vertically integrated player in the quantum computing space. Founded in 2013, it develops quantum computers and the superconducting quantum processors that power them, taking a full-stack approach to quantum computing development.

Valued at a market cap of $1.7 billion, RGTI is forecast to report sales of $15.57 million in 2025, up from $11 million in 2024. Out of the four analysts covering RGTI stock, four recommend “Strong Buy,” and one recommends “Moderate Buy.” The average target price for RGTI is $5.20, lower than the current trading price of $6.39.