Investing $10,000 in Quantum Computing (QUBT) could potentially turn into $1 million by 2035
From Nasdaq: 2025-06-23 04:49:00
Quantum Computing (NASDAQ: QUBT) is a potential millionaire-maker, with shares currently at $18.88. To turn $10,000 into $1 million by 2035, a 100x growth is needed, implying a 58.49% CAGR. However, it faces stiff competition from tech giants like Google and IBM in the quantum computing space.
Quantum Computing utilizes integrated photonics for quantum computing, aiming to outperform competitors using different architectures. The photonic integrated circuit market is projected to grow at a CAGR of 20.5%, reaching $38.4 billion by 2029. Quantum Computing’s unique approach could potentially propel its stock significantly higher.
While Quantum Computing has shown impressive growth recently, achieving a 58.49% CAGR over the next decade is challenging but not impossible. However, stiff competition and rapid advancements in quantum computing technology pose risks to its potential growth as a millionaire-maker.
Consideration is needed before investing in Quantum Computing. The Motley Fool’s Stock Advisor team did not include it in their top 10 stock picks. Past recommendations like Nvidia and Netflix have delivered exceptional returns, but Quantum Computing faces fierce competition and technological advancements in the industry.
Read more at Nasdaq: Can Investing $10,000 in Quantum Computing (QUBT) Stock Turn Into $1 Million by 2035?