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 - 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 Insights - The quantum computing sector is experiencing significant growth, with stocks like Rigetti Computing, IonQ, and D-Wave seeing substantial price increases, making it one of the hottest trades currently, even surpassing AI stocks [2][6][8] - Recent trading sessions have shown impressive gains for quantum stocks, with Rigetti shares up 400% over six months, IonQ up 200%, and D-Wave up approximately 387% [6][3] - Despite the bullish sentiment, there are concerns about overvaluation and the potential for a market correction, suggesting that investors should be cautious and consider buying on dips rather than chasing prices [8][11][10] Quantum Stock Performance - Rigetti Computing (RGTI) shares surged 9%, IonQ (IONQ) increased by 4.3%, and D-Wave (QBTS) rose by 2.4% in a recent trading session, indicating a strong upward trend in the quantum sector [3] - The market capitalization of IonQ has reached $25.5 billion, reflecting the growing interest and investment in quantum technologies [6] Investment Strategy - Investors are advised to prepare for potential volatility and should be ready for significant price corrections, with recommendations to buy into dips rather than at peak prices [4][8] - IonQ is highlighted as a particularly attractive option for long-term investment, especially after a market pullback, due to its promising technology in trapped ion quantum computing [9][10]

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]

We recently published 10 Big Names With Whopping Gains; 6 Jump All-Time Highs. Rigetti Computing Inc. (NASDAQ:RGTI) is one of the best performers on Thursday. Rigetti Computing saw its share prices increase by 8.98 percent on Thursday to close at $47.11 apiece as investors chased technology stocks in a bid to position themselves in the booming AI sector, shunning concerns about a quantum computing bubble. Investor optimism followed announcements last week that Rigetti Computing Inc. (NASDAQ:RGTI) bagged ...

Key Points Rigetti Computing stock defied the market's bearish momentum today. Rigetti stock has gotten a big boost from analyst coverage earlier this week. Some investors may be betting that quantum computing tech will play a rising role in the competition between the U.S. and China. 10 stocks we like better than Rigetti Computing › Rigetti Computing (NASDAQ: RGTI) stock managed to close Thursday's trading with strong gains despite moderately bearish momentum for the broader market. The company's ...

Core Viewpoint - Citron Research favors Infleqtion over Rigetti Computing Inc., highlighting the valuation gap and the progress made by Infleqtion in the quantum technology sector [1][2]. Company Comparison - Infleqtion is positioned as a "far superior quantum company" compared to Rigetti, with diverse revenue streams from quantum sensors, atomic clocks, and RF systems, while Rigetti relies more on prototypes and demos [3][4]. - Infleqtion's partnership with NVIDIA Corp. is a significant advantage, providing credibility and potential future opportunities, as NVIDIA has showcased Infleqtion in various high-profile events [4]. Valuation Insights - Citron claims that Infleqtion deserves a higher valuation, potentially surpassing Rigetti's market cap of $14 billion, suggesting that at a $15 billion valuation, Rigetti's stock price should be $46.88, while Infleqtion's would be $58.82 [5]. - Rigetti shares have seen a substantial increase of nearly 370% over the past six months, trading at $44.96, while Churchill Capital, Infleqtion's SPAC partner, has gained 100% since the merger announcement [6].

Core Insights - Quantum computing stocks experienced significant gains on Thursday, with SEALSQ Corp rising over 19%, Rigetti Computing increasing by more than 6%, and D-Wave Quantum up by over 1.5% [1] Company Performance - SEALSQ Corp (LAES.US) saw a price increase of over 19%, indicating strong market interest and potential investor confidence [1] - Rigetti Computing (RGTI.US) rose by more than 6%, approaching historical highs, suggesting a positive trend in its stock performance [1] - D-Wave Quantum (QBTS.US) experienced a gain of over 1.5%, reflecting a stable interest in its offerings within the quantum computing sector [1]

Core Viewpoint - Quantum computing stocks experienced significant intraday gains, indicating strong market interest and potential bullish sentiment in the sector [1] Group 1: Stock Performance - SEALSQ Corp (LAES.US) surged over 19%, approaching historical highs [1] - Rigetti Computing (RGTI.US) increased by more than 6%, nearing its historical peak [1] - D-Wave Quantum (QBTS.US) saw a rise of over 1.5% [1]

Rigetti Computing Inc (NASDAQ:RGTI) is bridging the gap between quantum ambition and reality.The firm secured $21 million in contracts for 2025, showcasing tangible progress toward its goal of a 1,000+ qubit, error-corrected system. With key partnerships and a proven chiplet architecture, the company's roadmap is starting to take shape."There's really not a single factor that dominates the overall progress on qubit count, fidelity, and other performance characteristics," Rigetti Computing CEO Subodh Kulkarn ...