Quantum Computing Stocks: Ranking Quantum Players Based on Patent Holdings (Including Nvidia's Patents)
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Updated: Nov 22 2025
0mins
Source: NASDAQ.COM
U.S. Quantum Computing Patent Leadership: In 2024, the U.S. led globally in quantum computing patents, with IBM and Alphabet significantly ahead of competitors, while Rigetti topped among pure-play quantum companies.
Market Growth Potential: The global quantum computing market is projected to grow from approximately $1.4 billion in 2024 to between $90 billion and $170 billion by 2040, indicating a compound annual growth rate of 30% to 35%.
Investment Insights: Monitoring patent activity is crucial for investors in emerging technologies, as patents provide a temporary monopoly on inventions, and companies like Nvidia are increasing their involvement in quantum computing.
Patent Quality Metrics: The value of patents can vary, with citation frequency being a key metric; Northrop Grumman ranks high in U.S. quantum patents, while Nvidia has recently introduced products to enhance quantum-classical computing integration.
BAC.N$0.0000%Past 6 months

No Data
Analyst Views on BAC
Wall Street analysts forecast BAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAC is 58.79 USD with a low forecast of 55.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast BAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAC is 58.79 USD with a low forecast of 55.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 54.560

Current: 54.560

Neutral
maintain
$55 -> $56
Reason
Piper Sandler raised the firm's price target on Bank of America to $56 from $55 and keeps a Neutral rating on the shares after the company spoke at an industry conference. Customers overall remain strong, as does consumer spending, the firm notes. On FY25 guidance, the CFO reiterated Q4 net interest income, though Q4 expenses could come in higher than Piper had anticipated previously.
Overweight
maintain
$70
Reason
Morgan Stanley reiterated an Overweight rating and $70 price target on Bank of America, naming it a Top Pick in large banks post its investor day. Management outlined a clear path to 16%-18% ROTCE, driven by revenue growth and expense ratio improvement to 55%-59%, the analyst tells investors in a research note. The firm added that it believes a new period of consecutive operating leverage has arrived, in which Bank of America should outperform.
Morgan Stanley raised the firm's price target on Bank of America to $70 from $67 and keeps an Overweight rating on the shares after the bank hosted their first investor day since 2011 and outlined "a clear path" to a 16%-18% ROTCE, driven by both revenue growth and expense ratio improvement. The firm expects a new period of operating leverage to drive stock outperformance once again as net interest income headwinds are now becoming tailwinds, the analyst tells investors.
TD Cowen raised the firm's price target on Bank of America to $64 from $61 and keeps a Buy rating on the shares. The firm said following the BofA investor day, we continue to see a very solidly run bank with strong fundamentals driving a favorable direction of travel on key metrics over time.
About BAC
Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.