Investors looking to buy into a company that will likely play a huge part in quantum computing's future need to look no further than Alphabet ( GOOGL -0.20%) ( GOOG -0.23%). Here are two reasons why it might be the best quantum computing stock to buy right now.

Alphabet ( GOOG 1.63%) ( GOOGL 1.58%) stock got a small lift on Tuesday, rising 2% higher through 10:30 a.m. ET. The move came in response to President Trump, in one of his first acts in office in his second term, signing an executive order that revoked another executive order (by his predecessor Joe Biden).

The US isn’t guaranteed to maintain a lead over China in the race to develop artificial intelligence, according to Alphabet Inc. President and Chief Investment Officer Ruth Porat.

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Consolidated Capital Management LLC lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 0.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 48,558 shares of the information services provider’s stock after selling 225 shares during the quarter.

Seilern Investment Management Ltd acquired a new position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 584,

BMO Capital raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $230 from $217 and keeps an Outperform rating on the shares. The firm is also increasing Search, GCP, and YouTube revenue following optimistic channel checks.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $210.82, a high estimate of $232.00, and a low estimate of $185.00. This upward trend is evident, with the current average reflecting a 3.62% increase from the previous average price target of $203.46.

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 52.38% of Alphabet Inc Class A (GOOGL)’s shares, while financial institutions hold 37.90%.

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 58.00% of Alphabet Inc Class C (GOOG)’s shares, while financial institutions hold 27.25%.

Quantum computing is a burgeoning field with the potential to create trillions of dollars. The rising acceptance of quantum computers in finance, life sciences and chemical sectors is expected to help the quantum computing market reach $5.3 billion by 2029 from $1.3 billion in 2024 at a CAGR of 32.7%, according to marketsandmarkets.

An FTC report raises concerns about AI partnerships among major tech firms. However, the vibrant ecosystem of startups suggests that competition remains robust.