Quantinuum (QNT) and SoftBank (SFTBF) have jointly released a white paper titled “Quantum Computing Frontiers,” marking a significant step in the sector’s shift toward real-world commercialization.
Rather than cataloging hardware milestones or qubit counts, the paper maps out practical quantum applications across telecommunications, financial services, materials science, and cybersecurity.
The collaboration emphasizes hybrid quantum-classical computing as the most viable path to enterprise adoption, a view that aligns with broader industry consensus heading into the second half of 2026.
The paper arrives as enterprises ramp up spending on AI, cloud, and high-performance computing infrastructure, while governments worldwide continue treating quantum as a strategically critical technology.
In the United States, a $2 billion federal investment package targeting quantum manufacturing and infrastructure has reinforced domestic ambitions, alongside policy efforts to accelerate commercialization and secure supply chains.
The United Kingdom has similarly reaffirmed multi-year funding commitments, and nations across Europe and Asia continue expanding national quantum programs at a rapid pace.
Against that backdrop, two publicly traded quantum companies stand out to analysts as compelling opportunities, each carrying consensus price targets implying more than 100% upside from current levels.
D-Wave Quantum (QBTS) recently transferred its stock listing to the Nasdaq Global Market, a move designed to broaden institutional visibility and improve trading liquidity for the company’s shares.
D-Wave was recognized as one of only two Leaders in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment, a distinction that underscores its growing traction with enterprise customers.
The company reported first-quarter bookings of $33.4 million, representing a nearly 2,000% year-over-year increase, while maintaining a robust cash and investments balance that supports continued growth execution.
Based on price targets from 13 analysts, the average target for D-Wave of $38.31 represents an increase of 129.1% from its last closing price, and the stock carries a Zacks Rank #2 (Buy).
Rigetti Computing (RGTI) is also positioned to benefit from favorable policy and commercial tailwinds, having signed a letter of intent with the U.S. Department of Commerce for an award of up to $100 million over three years.
That agreement, announced in May, is aimed at accelerating superconducting quantum computing research and development, highlighting the federal government’s commitment to building domestic quantum capabilities.
Rigetti ended the first quarter of 2026 with a strong cash position and no debt, providing meaningful financial flexibility as it pursues its long-term technology roadmap.
The company’s commercial rollout of its 108-qubit Cepheus-1 system and continued full-stack quantum computing focus place it well to capitalize on expanding enterprise and public-sector demand.
Based on price targets from 10 analysts, the average target for Rigetti of $31.00 represents an increase of 117.5% from its last closing price, and the stock carries a Zacks Rank #3 (Hold).
