Alternatively, individuals can register here to receive a dial-in number and personalized PIN to participate in the call. An archived webcast of the event will be available for replay following the event. BRANFORD, Conn.--(BUSINESS WIRE)--Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si,†"QSI†or the "Company†), a proteomics technology company redefining protein analysis through single-molecule detection, today announced that it will report financial results for the third quarter 2025 on Wednesday, Nov ...

Core Insights - Investors are showing significant interest in quantum computing, which is seen as a transformative technology alongside artificial intelligence [1][2] - IonQ and Rigetti Computing have experienced extraordinary stock performance, with returns of 712% and 5,940% respectively over the past year [3] - Analysts express skepticism regarding the sustainability of these stock prices, with potential declines of up to 62% predicted for both companies [10][12] Company Performance - IonQ and Rigetti Computing have market capitalizations of $25.5 billion and $15.3 billion respectively [4] - The practical applications of quantum computing, such as accelerating drug discovery and enhancing AI capabilities, are driving investor excitement [5][6] - Partnerships with major companies, like Amazon, have further elevated the profiles of IonQ and Rigetti [8] Analyst Perspectives - Morgan Stanley's Joseph Moore set a price target of $32 for IonQ, indicating a potential 59% decline from current levels [11] - Cantor Fitzgerald's Troy Jensen raised Rigetti's price target to $18, suggesting a possible 62% downside from its current price above $47 [12] - Both analysts highlight concerns about the slow adoption of quantum computing technology and the historical tendency for investors to overestimate early-stage innovations [14][15] Market Valuation - IonQ and Rigetti Computing have extremely high price-to-sales (P/S) ratios of 337 and 1,506, respectively, which are unsustainable compared to historical norms [16] - The potential entry of larger companies into the quantum computing space could further pressure the stock prices of these smaller firms [17]

Core Insights - Quantum computing is emerging as a significant trend alongside artificial intelligence, enhancing the speed and efficiency of existing computing infrastructure [1] Investment Opportunities - Two notable companies in the quantum computing space are IonQ and D-Wave Quantum, both of which are high-risk investments focused solely on quantum computing [2][3] - Nvidia is also highlighted as a key player, benefiting from AI spending while bridging the gap between traditional and quantum computing [2] Company Approaches - IonQ employs a trapped-ion approach, which offers advantages in accuracy over traditional superconducting techniques, although it may sacrifice some processing speed [4] - D-Wave focuses on quantum annealing, targeting optimization problems, which could capture a significant portion of the quantum computing market [5] Market Outlook - Viable quantum computing options are expected to be commercially available around 2030, with the potential for significant stock price increases for successful companies in this space [6] - Nvidia is positioned to maintain its leadership in AI computing hardware while integrating quantum computing into its infrastructure through its CUDA-Q software [7] Growth Projections - Nvidia anticipates data center capital expenditures to grow from approximately $600 billion this year to between $3 trillion and $4 trillion by 2030, indicating substantial growth in the computing sector [8] - Investing in Nvidia allows for exposure to both current AI developments and future quantum computing advancements, presenting a lucrative opportunity for investors [9]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of improper revenue recognition and subsequent financial restatements, which have led to significant stock price declines and investor losses [2][4][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Quantum Corporation between November 15, 2024, and August 18, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Quantum Corporation, with a deadline of November 3, 2025, for investors to seek the role of lead plaintiff [2]. - The lawsuit claims that Quantum Corporation made false and misleading statements regarding its revenue recognition and internal controls, which materially affected investors [4]. Group 2: Financial Disclosures and Stock Performance - On June 30, 2025, Quantum disclosed it would be unable to timely file its annual financial report due to accounting reviews, resulting in a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [5]. - On August 8, 2025, Quantum announced that its third quarter 2024 financial statements should no longer be relied upon, leading to a restatement of approximately $3.9 million in revenue and a stock price decline of $0.14, or 1.79%, to $7.66 per share [6]. - Following the resignation of Quantum's CEO on August 18, 2025, the stock price fell by $0.61, or 8.2%, closing at $6.83 per share, further impacting investors [7]. Group 3: Investor Participation and Information Gathering - The court-appointed lead plaintiff will represent the interests of the class, and any member may move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [8]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Quantum Corporation's conduct [9].

Core Insights - D-Wave Quantum and Rigetti Computing are positioned as early movers in the quantum computing sector, attracting investor interest as the generative AI hype wanes [1][2] - Both companies have experienced significant stock price increases, indicating market optimism despite fundamental challenges [2][7] D-Wave Quantum - D-Wave Quantum's shares have surged over 3,700% in the past year, creating substantial wealth for early investors [3] - The company reported a 42% year-over-year revenue increase to $3.1 million in Q2, driven by sales of quantum annealing devices [5] - D-Wave's technology is being applied in real-world scenarios, such as enhancing vehicle manufacturing efficiency in Turkey and aiding drug discovery in Japan [5] - Despite positive revenue growth, the company faces a substantial operating loss of $26.5 million in Q2, indicating a long path to profitability [6] - The stock is considered expensive with a price-to-sales (P/S) ratio of 336, suggesting potential investors may wait for a price correction before entering [6] Rigetti Computing - Rigetti Computing's shares have increased by 5,700% over the last year, significantly outperforming the S&P 500's 18% return [7] - The company announced purchase orders for two quantum computing systems worth $5.7 million, with delivery expected in the first half of 2026 [8] - Rigetti's business model focuses on providing hardware for other companies to develop consumer-facing platforms, similar to Nvidia's role in the generative AI space [9] - However, Rigetti's Q2 revenue fell by 42% to $1.8 million, and the company reported an operating loss of $19.9 million, indicating challenges in achieving profitability [10] Industry Outlook - The quantum computing industry remains speculative, with both D-Wave and Rigetti poised for potential growth as the technology approaches commercial viability [11] - There is uncertainty regarding the timeline for quantum technology readiness, which could span years to decades [11] - Both companies are experiencing significant cash burn and are considered overvalued due to low sales figures, suggesting a volatile investment landscape [12]

Core Points - A class action lawsuit has been filed against Quantum Corporation (NASDAQ: QMCO) for allegedly making false and misleading statements regarding its financial practices [3][7] - The lawsuit claims that Quantum improperly recognized revenue for the fiscal year ended March 31, 2025, necessitating a restatement of financial statements for the fiscal third quarter ended December 31, 2024 [3][7] - Investors who acquired Quantum securities between November 15, 2024, and August 18, 2025, are encouraged to contact the law firm Bragar Eagel & Squire for potential legal recourse [4][7] Allegation Details - The lawsuit alleges that Quantum Corporation's statements about its business, operations, and prospects were materially false and misleading due to improper revenue recognition [3] - The failure to disclose these issues resulted in damages to investors when the true details became public [3] Next Steps - Investors who suffered losses and wish to learn more about the claims or have questions are advised to contact the law firm directly [4] - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 3, 2025 [7]

Industry Overview - Quantum computing is a fast-growing market expected to reach $100 billion in 10 years according to McKinsey & Co [1] - The industry is gaining attention as it promises breakthroughs that traditional computing cannot achieve [3] Company Profile: IonQ - IonQ's stock has increased by 75% year to date, indicating strong market performance [2] - The company has a first-mover advantage in the quantum computing industry, having worked on its technology for 25 years [5] - IonQ offers quantum computing hardware and services, including a quantum-as-a-service platform, through major cloud service providers like Amazon Web Services, Microsoft Azure, and Google Cloud [5] Competitive Advantage - IonQ utilizes a trapped-ion process that allows its quantum computing technology to operate near room temperature, facilitating commercialization and scalability [4] - The company's early lead in the commercialization of quantum computing positions it favorably for future growth and potential returns for investors [6] Financial Performance - IonQ's revenue surged by 67% year over year, reaching $52 million on a trailing 12-month basis [5]

Core Viewpoint - Quantum-Si is seeking to raise up to $300 million in new funding, which has raised concerns among investors about potential dilution of shares [1][3][5] Group 1: Funding Plans - Quantum-Si filed a shelf registration with the SEC, indicating its intention to raise capital over time [2] - The company plans to raise up to $300 million through various types of securities, including Class A common stock, preferred stock, and debt securities [3] - The proceeds from these securities may be used for product development, commercialization, capital expenditures, and administrative expenses [4] Group 2: Market Reaction - Following the announcement, Quantum-Si's shares experienced a nearly 5% loss in value, reflecting investor concerns about potential dilutive secondary share issues [1][5] - The company's current market capitalization is $336 million, leading to fears that raising close to $300 million in equity could significantly dilute existing shares [5]

Core Insights - Quantum computing is being recognized as a potential game-changing technology, alongside artificial intelligence, with significant investor interest and stock price increases [3][4][9] - Historical trends indicate that while quantum computing has immense potential, it may face challenges similar to past technological innovations, leading to potential market corrections [5][10][13] Industry Overview - Quantum computing leverages quantum mechanics to solve complex problems that classical computers cannot, offering the potential for rapid problem-solving and simulations [4][6] - The technology is expected to create substantial economic value, with estimates ranging from $450 billion to $850 billion by 2040, attracting significant investor attention [9] Company Performance - Notable quantum computing stocks have seen dramatic price increases, with Rigetti Computing up 5,400%, IonQ up 720%, D-Wave Quantum up 3,470%, and Quantum Computing Inc. up 2,800% [11] - Current valuations of these companies are concerning, with projected price-to-sales (P/S) ratios for IonQ, Rigetti, and D-Wave Quantum at 32, 95, and 54 respectively, significantly above historical norms [17][18] Historical Context - Historical patterns show that emerging technologies often require time to mature, and investors have a tendency to overestimate the speed of adoption and utility [13][14] - Previous technological trends, such as the internet and blockchain, experienced significant market corrections after initial hype, suggesting a similar fate may await quantum computing stocks [14][15]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Quantum Corporation securities between November 15, 2024, and August 18, 2025, of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Quantum Corporation securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must file with the Court by November 3, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that Quantum Corporation made false and misleading statements regarding its revenue recognition for the fiscal year ending March 31, 2025, necessitating a restatement of financial statements for the fiscal third quarter ended December 31, 2024 [5]. - As a result of these misstatements, the defendants' claims about the company's business and prospects were materially false and misleading, leading to investor damages when the truth was revealed [5].