Core Insights - Quantum computers have the potential to revolutionize industries by performing complex calculations much faster than current supercomputers [1] - D-Wave Quantum and IonQ are two companies in the quantum computing sector that present intriguing investment opportunities, but their performance and strategies differ significantly [2] D-Wave Quantum - D-Wave's stock has increased over 90% in 2025, reaching a 52-week high of $19.77 in May, driven by a 509% year-over-year increase in Q1 revenue to $15 million, surpassing its total sales of $8.8 million for all of 2024 [4][5] - The revenue surge was attributed to the first sale of its proprietary Advantage quantum machine, shifting from a previous reliance on quantum computing as a service (QCaaS) [5] - D-Wave's Q1 operating loss improved to $11.3 million from $17.5 million in 2024, with total assets of $325.6 million, including $304.3 million in cash, and liabilities of $118.2 million [6] - The company has sufficient cash reserves, approximately $815 million after an equity offering, to sustain operations until profitability, with some funds allocated for acquisitions [7] IonQ - IonQ's stock performance has been less impressive, with a 9% increase through July 9, attributed to disappointing Q1 results [8] - Q1 revenue was flat at $7.6 million compared to 2024, while operating losses increased to $75.7 million from $52.9 million the previous year [9] - IonQ maintains a strong balance sheet with total Q1 assets of $850.1 million and liabilities of $85 million, and announced a $1 billion equity offering to bolster finances [10] - The company is focused on building a quantum computing network, which is costly and requires acquiring various capabilities, such as the recent acquisition of Lightsynq Technologies [11] Comparative Analysis - D-Wave claims to be the sole provider of both quantum gate technology and quantum annealing, while IonQ is pursuing a network-building strategy [12] - The long-term success of either company remains uncertain, with potential competition from larger players like Microsoft [13] - D-Wave's impressive Q1 results may not be sustainable, as they represent a shift from its traditional revenue model [14] - IonQ, despite a slow start in 2025, reported a 95% year-over-year revenue growth to $43.1 million by the end of 2024 and projects sales between $75 million and $95 million for 2025 [15] - Valuation metrics indicate that both D-Wave and IonQ have higher price-to-sales (P/S) ratios compared to Microsoft, suggesting potential overvaluation [16] Investment Strategy - Given the high valuations and uncertainty in the quantum computing sector, it may be prudent to wait for Q2 earnings reports to assess the sustainability of D-Wave's Q1 results and IonQ's recovery potential [18]

Core Insights - Quantum computing is emerging as a significant trend in the market, with potential for wider adoption in the coming years, although widespread commercial use is still a few years away [1][2] - Investing in quantum computing requires identifying leading companies before they gain traction, while avoiding early investments that may not yield immediate returns [2] Group 1: Major Players in Quantum Computing - Alphabet initiated the quantum computing arms race with its Willow quantum computing chip, which completed a task in five minutes that would take a supercomputer 10 septillion years, showcasing the chip's operational accuracy [4] - The Willow chip achieved a 99.8% two-qubit gate fidelity, highlighting the importance of accuracy in quantum computing calculations [5] - Microsoft is also heavily invested in quantum computing, developing the Majorana 1 quantum computing chip, which allows precise control of qubits, addressing current accuracy challenges [9][10] Group 2: Pure-Play Quantum Computing Company - IonQ is a pure-play quantum computing company with no backup plan, relying solely on its quantum computing relevance [11] - IonQ employs a trapped-ion approach with all-to-all connectivity, achieving an industry-leading 99.9% two-qubit gate fidelity, and operates at room temperature, which could facilitate wider deployment [12] - Despite its innovative technology, IonQ is still far from generating meaningful revenue, making it a high-risk investment opportunity [13]

Hype is growing around quantum computers.Investors are all over artificial intelligence (AI) stocks at the moment. Slowly, hype has grown around quantum computing stocks such as IonQ (IONQ 1.31%) as well.IonQ promises a revolution across the entire computing world through quantum computing, which could not only supercharge growth in the AI market, but upend close to a century of traditional computing methods that are semiconductor based.IonQ stock is up close to 500% in the last year on the backs of this gr ...

IonQ, Inc. (IONQ) closed at $45.56 in the latest trading session, marking a +1.31% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.61% for the day. At the same time, the Dow added 0.49%, and the tech-heavy Nasdaq gained 0.95%. Coming into today, shares of the company had gained 13.16% in the past month. In that same time, the Computer and Technology sector gained 5.6%, while the S&P 500 gained 3.85%. Investors will be eagerly watching for the performance of IonQ, Inc. i ...

Key Takeaways IONQ topped Q1 estimates and unveiled plans to build a full-stack quantum networking platform. Acquisitions like Lightsynq and Capella target repeaters and satellite QKD for long-distance quantum links. Past deals with Qubitekk and ID Quantique give IONQ working networks and top-tier commercial clients.IonQ (IONQ) is no longer just a quantum hardware innovator. It is evolving into a full-stack platform aiming to dominate the quantum Internet. In its first-quarter 2025 results, IonQ reported ...

Industry Overview - Quantum computing is an emerging investment sector with competition from both tech giants and start-ups, but monetization is still a few years away [1] - The current investment climate presents a solid opportunity for investors to enter the quantum computing market, particularly if they choose the right companies [2] Company Analysis: Alphabet - Alphabet, the parent company of Google, is heavily investing in quantum computing research, highlighted by the development of its Willow chip, which solved complex problems efficiently [4] - Successful quantum computing technologies could significantly enhance Alphabet's AI capabilities, potentially leading to increased cash flows in its core business [5] - Despite its innovations, Alphabet is undervalued in the market, trading at 18.5 times forward earnings, indicating that investors are primarily focused on its Google Search business rather than its quantum computing potential [6][8] Company Analysis: IonQ - IonQ represents a more aggressive investment in quantum computing, relying solely on contracts for revenue, with high risks associated with its business model [9][10] - The CEO of IonQ projects profitability and nearly $1 billion in annual sales by 2030, indicating a potential for significant returns if the timeline is met [11] - IonQ's unique approach, including partnerships with the U.S. Air Force Research Laboratory and its all-to-all qubit connectivity, positions it as a strong contender among start-ups [12] Investment Strategy - A recommended investment strategy involves significant exposure to Alphabet for its higher success probability, while maintaining a smaller investment in IonQ as a high-risk, high-reward opportunity [13]

Core Viewpoint - Quantum computing stocks experienced significant activity, highlighted by a successful stock offering and positive analyst coverage across several companies in the sector [1] Group 1: D-Wave Quantum (QBTS) - D-Wave Quantum, Inc. completed a $400 million common stock offering at an average price of $15.18 per share [2] - Analyst Troy Jensen from Cantor Fitzgerald initiated coverage with an Overweight rating and a $20 price target, indicating optimism about the company's future [2][3] - Jensen believes D-Wave is in the early stages of commercializing its technology and could capture 15% of the quantum hardware, software, and services market by 2035 [3] Group 2: Rigetti Computing (RGTI) - Rigetti Computing, Inc. also received an Overweight rating from Cantor Fitzgerald, with a bullish price target of $15 [4] - The company's share price has surged approximately 1,008% over the past 52 weeks, recovering from challenging years in 2022 and 2023 [4] - Rigetti's partnership with Quanta Computer is expected to enhance the development and commercialization of superconducting quantum computing [5] Group 3: IonQ (IONQ) - IonQ, Inc. shares increased by about 11% this week, receiving a Buy rating and a $45 price forecast from Cantor Fitzgerald [6] - The company reported a strong financial position, ending Q1 2025 with nearly $700 million in cash after a $373 million equity raise [6] Group 4: Quantum Computing, Inc. (QUBT) - Quantum Computing, Inc. received a Neutral rating from Cantor Fitzgerald with a $15 price target, which is below the current stock price of $20 [7] - Despite the Neutral rating, QUBT stock has shown strong performance, gaining 67.5% over the past month and over 4,600% in the past year [7]

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Nova Ltd. (NVMI) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Nova Ltd. is a member of our Computer and Technology group, which includes 607 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank g ...

While still in its nascent stages, the burgeoning field of quantum computing is rapidly attracting significant investor attention due to its immense long-term economic potential, pushing stock valuations well above what near-term revenue or earnings would justify.IonQ, Inc. IONQ stands out among the frontrunners, with Cantor Fitzgerald analyst Troy Jensen initiating coverage with an Overweight rating and a $45 price forecast.IonQ’s trapped-ion approach, which supports room-temperature operations and strong ...

I think IonQ (NYSE: IONQ ) is an iconic investment opportunity. IonQ is a leading company in the quantum computing industry, with significant advancements in trapped-ion technology that enable room-temperature operation, high-fidelity quantum gates, and a clear roadmap for scaling. The company hasInvesting in high-growth opportunities across industries, employing a value investing approach that prioritizes robust business models and strategic foresight. Focusing on companies with the potential to profoundly ...