Quantum Computing (NASDAQ:QUBT) is gaining traction as the quantum revolution takes shape, with significant growth potential in the coming decades. A report by BCG estimates that the global quantum computing industry could generate $450 billion to $850 billion in economic value by 2040.
KM Capital, a top investor and TipRanks’ stock pro, has taken notice of QUBT’s potential. KM believes the company’s integrated approach, combining hardware and software into a comprehensive solution, is crucial for solving quantum computing challenges.
Although QUBT has yet to generate meaningful revenue, KM thinks its strategy makes it a candidate to become a mega-cap in the long term. The company has made progress towards commercialization, including launching a pilot program and selling a quantum LiDAR prototype to Johns Hopkins University for $200,000.
KM also praises the company’s extension of its Cooperative Research and Development Agreement with Los Alamos National Laboratory, which could lead to advancements in quantum computing applications. However, risks are involved, such as scalability issues and uncertainty around widespread adoption.
Despite these challenges, KM considers QUBT a “Strong buy” and believes it has vast potential for growth. Investing in QUBT in 2025 is likened to investing in Microsoft or Apple in the 1980s, with vast uncertainty but also significant opportunity.
Source: https://www.tipranks.com/news/a-must-own-says-top-investor-about-quantum-computing-stock