Following President Donald Trump’s recent announcement of $2.013 billion in federal incentives for quantum companies, Finbold has identified five stocks that stand to benefit the most as of May 29.
These five quantum stocks are based on these tailwinds: government validation, profitability, revenue momentum, and an upcoming Initial Public Offering (IPO).
Profitable Quantum stocks to consider
IBM Corporation (NYSE: IBM) is the top quantum stock that received funding from the United States government. With decades of business experience, IBM reported a net income of $1.216 billion on $15.9 billion in revenue.
Over the past 30 days, IBM stock price surged by over 27%, trading around $289 on Friday. As such, the company had a market capitalization of approximately $248.3 billion.
GlobalFoundries Inc. (Nasdaq: GFS) is a $44.2 billion quantum-focused company that received $375 million from the U.S. government. On the same day, the company launched Quantum Technology Solutions, a dedicated business unit with live customer engagements.
Having registered a revenue of $1.634 billion and $3.8 billion in reserve cash during the first quarter, its stock is well positioned to perform amid the quantum boom. Over the past 30 days, GFS stock price rallied more than 27%, trading at about $79.91 at the time of reporting.
Revenue momentum bets
IonQ, Inc. (Nasdaq: IONQ) could be a credible loss-maker on the list of top quantum stocks to consider. Furthermore, the company reported a revenue of $64.7 million in Q1 2026, representing 755% year-on-year growth.
Notably, IonQ raised its full-year guidance to between $260 million and $270 million. Although the company was not shortlisted for the U.S. government grant, its stock rallied 12% on the day of the announcement.
Over the past four weeks, IONQ stock rallied by over 63%, trading at roughly $68.83 on May 29.
Rigetti Computing, Inc. (Nasdaq: RGTI) received $100 million from the U.S. government, thereby securing its position in the quantum computing race. Moreover, its 108-qubit system is live on Amazon Braket and Azure Quantum as of press time.
The company’s Q1 revenue tripled year-on-year from $1.47 million to $4.4 million. With a $590 million cash position, Rigetti stock has the upper hand in the quantum race. Over the past 30 days, RGTI stock rallied by more than 56%, trading at around $25.15 at the time of publication.
Government-backed amid IPO
Quantinuum Inc. is preparing to list on the NASDAQ exchange on June 4, 2026. The Honeywell-backed company received $100 million from the U.S. government to fast-track its quantum bid.
