Morgan Stanley forecasts the quantum computing market could exceed $100 billion annually by 2040, up from roughly $10 billion in 2030, provided fault-tolerant machines achieve broad commercial adoption. The bank upgraded Quantinuum to overweight with a $62 price target, implying roughly 88% upside from Wednesday’s close. Morgan Stanley expects the Colorado-based company’s revenue to soar to $2 billion in 2030 from approximately $270 million in 2028. The analyst identified 2027 as a critical year for the industry, with Quantinuum’s next-generation Sol system serving as the next most important hardware milestone.
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