Unleashing the Future: Top Quantum Computing Stocks to Watch

Quantum computing stocks are generating a buzz due to their potential to revolutionize technology. Companies in this field could mirror the success seen with past technological breakthroughs like the internet and AI, which delivered immense earnings and stock appreciation.

So, what is quantum computing? Unlike classical computers, which use bits to process data as either zero or one, quantum computers utilize qubits. These qubits can represent zero, one, or both simultaneously, thanks to principles from physics that analyze subatomic interactions. This unique feature allows quantum computers to tackle extremely complex problems at unprecedented speeds.

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While experts note that practical quantum computers are still several years away, companies are making promising strides in this area. Early investors could stand to benefit significantly as developments unfold.

Let’s examine two leading quantum computing stocks that are worth considering this February.

Image source: Getty Images.

1. Alphabet

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is widely recognized for Google Search, the world’s leading search engine which generates billions through advertising. Advertisers flock to Google, knowing they can effectively reach their target audiences.

In addition to search, Alphabet’s cloud computing sector continues to grow, aided by various AI tools it offers customers. The company’s ventures into quantum computing are noteworthy as well. Recently, Alphabet unveiled its quantum chip named Willow, achieving two pivotal milestones. Willow significantly reduced errors during scaling, a common challenge in quantum computing. Additionally, it completed a computation in five minutes, a task that would take even the fastest supercomputer longer than the age of the universe.

Looking ahead, Alphabet aims to prove the real-world applicability of Willow. Though immediate results may not be evident, the company is paving the way for future success while also supporting its well-performing businesses.

2. Microsoft

Microsoft (NASDAQ: MSFT) stands out as another solid investment option, similar to Alphabet. Known for its software and cloud solutions, Microsoft has consistently demonstrated its capability to drive earnings growth. In its latest quarter, the company reported double-digit increases in both revenue and net income reaching the billions. Notably, its AI business recorded a remarkable triple-digit growth, resulting in an annualized run rate of $13 billion.

With its Azure cloud services, Microsoft also facilitates access to quantum computing. Customers can explore specific tools and hardware, and will eventually gain access to a quantum supercomputer. The recent launch of the Quantum Ready program is another step to prepare businesses for this emerging technology. This initiative will assist customers in building applications and scaling quantum projects.

As companies participate in this program and integrate Azure’s quantum tools, Microsoft could reap substantial rewards in the short term while working towards its larger ambitions in quantum computing.

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*Stock Advisor returns as of February 3, 2025

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.