Wall Street’s Favorite Quantum Computing Stock Isn’t What You’d Expect

Analysts are scrutinizing quantum computing stocks with unusual intensity, but the sector's darling defies expectations. S&P Global's tracking reveals a telling divergence between market HYPE and institutional conviction.

Honeywell and IBM—established players with quantum capabilities—garner tepid support. Only 54% of analysts rate Honeywell a buy, while IBM's pioneering status fails to impress with just 38% bullish endorsements. Alphabet's quantum breakthroughs fare better, but price targets lag behind current valuations.

The real story lies in what's not being said. Thin coverage eliminates speculative plays, while lukewarm sentiment toward tech giants underscores Wall Street's hunt for undervalued quantum exposure. This selective appetite mirrors crypto markets, where fundamentals eventually trump narrative momentum.