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Several quantum computing stocks delivered multi-fold returns in 2025 after Google (GOOGL) developed a chip called Willow. Willow can perform calculations in under five minutes, which would have taken advanced supercomputers billions and billions of years. This achievement was known as “quantum supremacy,” and the development resulted in a steep rally in several quantum computing stocks.
In this article, I have identified three top-rated quantum computing stocks you can buy in February 2025. Let’s see why.
Quantum Computing Stock #1: Amazon
With a market cap of $2.47 trillion, Amazon (AMZN) is one of the largest companies in the world. It is also the largest e-commerce company, the largest public cloud platform, and the third-largest digital advertising entity.
Amazon Web Services, its cloud business, is making significant strides in the quantum computing segment. For instance, Amazon Braket is a cloud-based service that allows developers to experiment with quantum computers from leading providers like IonQ (IONQ) and Rigetti (RGTI).
Through the Amazon Quantum Solutions Lab and Quantum Embark Program, AWS helps enterprises navigate the quantum landscape and identify practical applications. Amazon has also formed strategic partnerships to bridge quantum and classical computing, including collaborating with Nvidia (NVDA). Further, AWS provides access to quantum hardware, research facilities, and educational resources, making it a comprehensive platform for innovation.
Despite significant investments in quantum computing and artificial intelligence, Amazon is forecast to expand its adjusted earnings from $5.53 per share in 2024 to $7.35 per share in 2026. Thus, at 30x forward earnings, AMZN stock is reasonably priced, given its stellar growth estimates.
Out of the 49 analysts covering AMZN stock, 45 recommend “Strong Buy,” three recommend “Moderate Buy,” and one recommends “Hold.” The average target price for the tech stock is $258.57, indicating upside potential of 10% from current levels.
Quantum Computing Stock #2: D-Wave
With a market cap of $1.7 billion, D-Wave (QBTS) is recognized as the first commercial supplier of quantum computers. It offers the Advantage system, which features over 5,000 qubits. The company’s technology has demonstrated practical applications across industries, with impressive results.
For instance, Pattison Food Group reduced retail scheduling efforts by 80%, while Ford Otosan cut the time to create a manufacturing schedule by 83%. Similar to AWS, D-Wave has focused on accessibility and practical applications, providing developers with the Leap Quantum Cloud Service and Ocean SDK.
D-Wave is forecast to expand sales from $8.75 million in 2024 to over $30 million in 2026. While still unprofitable, the quantum computing company is forecast to narrow its losses from $0.41 per share in 2023 to $0.38 per share in 2025.
Six of the seven analysts covering QBTS stock recommend a “Strong Buy,” and one recommends a “Moderate Buy.” The tech stock’s average target price is $6.71, indicating upside potential of 15% from current levels.
Quantum Computing Stock #3: Marvell Technology
Another player gaining traction in the quantum computing segment is Marvell Technology (MRVL). With a market cap of almost $100 billion, Marvell focuses on hybrid technologies and key partnerships with quantum startups. Unlike D-Wave, Marvell is not a pure-play quantum computing company. However, its expertise in high-performance hardware positions it uniquely in the quantum ecosystem.
Founded in 1995, Marvell designs and develops integrated circuits and semiconductor solutions across multiple technology domains. Its core offerings include ethernet networking solutions, processors, and storage products.
In the storage segment, Marvell produces controllers for hard disk drives and solid-state drives and supports various interfaces. Marvell is currently focused on developing hardware solutions that bridge classical and quantum computing in areas requiring enhanced processing power.
Analysts tracking MRVL stock expect adjusted earnings to expand from $0.80 per share in 2024 to $2.00 per share in 2026. The chip stock trades at a premium, priced at 40x forward earnings.
Out of the 32 analysts covering MRVL stock, 28 recommend “Strong Buy,” two recommend “Moderate Buy,” and two recommend “Hold.” The tech stock’s average target price is $131.40, indicating upside potential of 14% from current levels.
