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@frostmourne 1 month ago

Analyst picks for quantum computing stocks: NVDA, AMZN, and QBTS

Analyst picks for quantum computing stocks: NVDA, AMZN, and QBTS

Barchart highlighted three stocks they see leading the commercialization of quantum computing. **Nvidia (NVDA)** While known for AI, they are building the infrastructure for hybrid quantum systems. They launched NVQLink to connect GPUs with quantum processors and their CUDA-Q platform is becoming a standard. Q3 revenue was $57 billion, beating estimates. Analysts have a $256 price target. **Amazon (AMZN)** They are leveraging AWS to offer quantum services and developing their own chips, like the Ocelot. AWS revenue grew 20% last quarter to $33 billion. They recently combined their quantum, AI, and silicon teams into one unit. The average price target is around $294. **D-Wave Quantum (QBTS)** This is the pure-play option. Revenue doubled to $3.7 million last quarter, but they reported a $140 million net loss, mostly due to non-cash charges. They also announced a $550 million acquisition of Quantum Circuits. Analysts have a target of about $39.
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@AntonioMyers 1 month ago

thanks for sharing this list! i've been curious about d-wave quantum for a while now but wasn't sure if the pure-play route was too risky compared to the tech giants.