Core Insights - The article suggests that while artificial intelligence (AI) has been a major growth trend, quantum computing is emerging as a significant competitor, with stocks in this sector experiencing substantial gains over the past year [2][3]. Group 1: Quantum Computing Growth - Quantum computing stocks such as IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have seen price increases ranging from 123% to 2,090% over the past year, indicating strong investor interest and potential for early investors [2]. - The potential economic value of quantum computing is projected to reach up to $850 billion by 2040, with applications in AI, weather modeling, cybersecurity, and drug development [3]. Group 2: Financial Performance and Valuation Concerns - Despite significant sales growth, companies in the quantum computing sector are currently facing substantial operational losses, with IonQ reporting a loss from operations of $168.8 million, up from $53.1 million year-over-year [10][11]. - Valuations for quantum computing stocks are considered unsustainable, with IonQ, Rigetti, D-Wave, and Quantum Computing Inc. trading at price-to-sales (P/S) ratios that are historically high, indicating potential for a significant decline in stock prices [13][20]. Group 3: Historical Context and Market Trends - Historical trends show that new technologies often take time to mature, with past examples including the internet and other technological advancements, suggesting that quantum computing may follow a similar trajectory [5][6][7]. - The current stock market is also viewed as historically pricey, with the S&P 500's Shiller P/E Ratio peaking at 41.20, indicating that a market correction could adversely affect high-valuation stocks like those in the quantum computing sector [22][23].

We recently published 10 Stocks Suffer Heavy Selling Pressure. Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the worst-performing stocks on Wednesday. Rigetti Computing extended its losing streak to a 5th straight day on Wednesday, slashing 9.87 percent to close at $28.30 apiece following disappointing earnings results in the third quarter of the year. In its financial statement, Rigetti Computing, Inc. (NASDAQ:RGTI) said that net loss widened by 1,258 percent to $200.97 million from $14.8 million in t ...

Core Insights - The quantum computing sector is experiencing significant investment activity, with Classiq raising over $200 million in a recent funding round, supported by major players like AMD and Qualcomm [1][2] - Quantum Computing's Q3 earnings report is anticipated, with notable revenue growth reported by IonQ and D-Wave, while Rigetti's revenue has declined [9][10] - The U.S. government is considering equity stakes in quantum companies, which may impact investor sentiment [3][4] Investment Activity - Classiq has announced a new funding round totaling "tens of millions of dollars," bringing its total funding to over $200 million [2] - The Trump administration is reportedly contemplating taking equity stakes in both public and private quantum companies [2][3] - DARPA has selected 11 firms for the Quantum Benchmarking Initiative, aimed at developing practical quantum computing solutions [4][5] Company Performance - IonQ's Q3 revenue surged to $39.9 million, up from $12.4 million year-over-year, while D-Wave's revenue increased to $3.7 million from $1.9 million [9] - Rigetti's revenue fell to $1.9 million from $2.4 million in the same period last year [9] - D-Wave's stock has risen 178% in 2025, while IonQ and Rigetti have seen increases of 10% and 66%, respectively [10] Technological Developments - IBM is advancing its quantum computing technology with new devices, including Nighthawk and Loon, aiming for a fault-tolerant quantum computer by 2029 [7][8] - The second stage of DARPA's Quantum Benchmarking Initiative focuses on validating utility-scale quantum architectures [5]

Core Viewpoint - Quantum computing concept stocks in the US market experienced significant pre-market declines, indicating a negative sentiment in the sector [1] Group 1: Stock Performance - RGTI saw a decline of nearly 7% [1] - QBTS dropped by nearly 5% [1] - ARQQ fell by over 4% [1] - LAES and IONQ both decreased by over 3% [1]

Core Insights - Rigetti Computing (RGTI) reported a third-quarter 2025 adjusted loss per share of 3 cents, which is an improvement from the 8 cents loss per share in the same quarter last year and exceeded the Zacks Consensus Estimate by 40% [1][7] - The company's total revenues were $1.9 million, reflecting an 18.1% decline year over year and missing the Zacks Consensus Estimate by 18.5% [3][10] - RGTI's gross profit decreased by 66.5% year over year to $0.4 million, with a gross margin contraction of 2990 basis points to 20.7% [5][10] Revenue and Financial Performance - The decline in quarterly revenue was attributed to the expiration of the U.S. National Quantum Initiative (NQI) and reduced government contract activity [4][10] - Selling, general and administrative expenses rose by 2.3% year over year to $5.9 million, while research and development expenses increased by 17.8% to $15 million, leading to total operating expenses of $20.9 million, a 12.9% increase year over year [8][10] - The operating loss for the quarter was $20.5 million, compared to $17.3 million in the prior-year quarter [8] Financial Position - RGTI ended the third quarter of 2025 with cash, cash equivalents, and short-term investments totaling $446.9 million, up from $425.7 million at the end of the second quarter [9] - The company has no debts on its balance sheet, with cumulative net cash used in operating activities at $43.6 million, slightly higher than $42.1 million a year ago [9] Strategic Developments - Rigetti is advancing its chiplet-based roadmap, targeting 1,000 qubits and 99.8% fidelity by 2027, with ongoing interest in its 9-qubit Novera systems [7][11] - The company is collaborating with QphoX and the U.S. Air Force Research Laboratory to enhance microwave-to-optical conversion, a key step for quantum networking [12] - Rigetti has joined NVIDIA's NVQLink initiative, aiming to integrate quantum processing units with AI supercomputing platforms, reinforcing its hybrid computing vision [12][15] Future Outlook - Management has updated its technology roadmap, expressing confidence in scaling superconducting gate-based systems, with plans to deliver a 100-plus qubit chiplet-based system by year-end [13] - By 2026, Rigetti expects to deploy a 150-plus qubit platform, and by 2027, it aims for over 1,000 qubits using larger 36-qubit chiplets [14]

Analysts at McKinsey & Company believe it could take until 2040 or later before one of these devices will be able to function at scale. And while industry leader Alphabet believes it can create a commercially viable quantum computer within five years, investors should take that forecast with a grain of salt. Big tech is not infallible, and management teams have an incentive to err on the side of optimism to keep shareholders happy.If quantum computers can be made practical, reliable, and cost effective, the ...

Key Points Quantum computing pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have soared between 260% and 2,710% over the trailing year. By one estimate, quantum computers can create $450 billion to $850 billion in global economic value by 2040, which partially explains the hype behind these stocks. However, insiders of this quantum computing quartet have been persistent sellers of their own stock. 10 stocks we like better than IonQ › There's little question t ...

Core Insights - Regetti Computing is currently viewed as a science project rather than a viable business, with revenues declining by 18% year-over-year, totaling only $1.94 million in the latest quarter [2][3] - Despite its small revenue base, Regetti's stock has surged over 2,000% in the past year, indicating significant market excitement, although caution has been advised regarding quantum computing stocks [3][4] - The company is making strides in research and development, particularly with its Suffice 136Q system, which utilizes a chiplet architecture that may provide a competitive advantage in the long term [4] Company Performance - Regetti's revenues are described as "ridiculously small," likening its business model more to that of a biotech firm than a traditional computing company [3][8] - The company's current market position is characterized as one of the smaller players in the quantum computing sector, with potential for growth as the market evolves [6] Market Context - The quantum computing market is still in its early stages, with significant investments and advancements being made by larger players like IBM, which may influence the overall market dynamics [6][9] - The discussion highlights a broader trend in technology investment, with a strong emphasis on AI and data center development, suggesting that these areas may offer more immediate returns compared to quantum computing [11][14] Investment Outlook - Experts suggest that while Regetti may have potential, it is primarily a long-term investment, requiring patience as the technology matures [4][10] - The focus on AI and data center infrastructure is seen as a more promising investment avenue, with companies like Nvidia, Microsoft, and Cisco being highlighted as solid opportunities [14][15]

Core Insights - The quantum computing sector is experiencing significant attention as companies report their Q3 earnings, with varying results across different firms [1] Rigetti Computing (RGTI) - Rigetti reported Q3 losses of $0.03 per share, outperforming analyst expectations of a $0.04 loss [2] - Quarterly revenue was $1.94 million, falling short of the $2.17 million estimate and down from $2.37 million year-over-year [3] - The company aims to deliver a 100+ qubit chiplet-based quantum system by the end of 2025, targeting a median two-qubit gate fidelity of 99.5% [3] - Rigetti plans to deploy a 150+ qubit system by the end of 2026 and a 1,000+ qubit system by the end of 2027, with anticipated gate fidelities of 99.7% and 99.8%, respectively [4] - Rigetti's stock has declined by 30% over the past month [4] IonQ (IONQ) - IonQ reported adjusted losses of $0.17 per share, beating the consensus estimate of a $0.44 loss [5] - The company achieved quarterly revenue of $39.9 million, exceeding the $27 million estimate by 47.75% and marking a 221.5% increase from $12.4 million in the same quarter last year [5] - IonQ raised its full-year 2025 revenue outlook to between $106 million and $110 million, up from the previous range of $82 million to $100 million [6] D-Wave Quantum (QBTS) - D-Wave reported an adjusted loss of $0.41 per share, missing the consensus estimate of a $0.07 loss, but revenue of $3.73 million exceeded the estimate of $3.03 million [7] - Revenue for Q3 increased by 100% year-over-year from $1.9 million, with bookings reaching $2.4 million, an 80% increase from the previous quarter [7][8] - D-Wave shares have decreased by over 9% in the past month [9] Quantum Computing, Inc. (QUBT) - Quantum Computing, Inc. is set to report its Q3 results, with analysts expecting losses of $0.06 per share and revenue of $116,670 [10] - The company's shares have dropped more than 35% over the past month [10]

Core Insights - The event is focused on the Fiskars business area, highlighting its significance within the Fiskars Group [1][3] - Key speakers include the President and CEO of Fiskars Group, the CFO, and the CEO of the Fiskars business area, indicating a high-level discussion [2] Group 1: Event Structure - The event will begin with an opening presentation by the President and CEO, followed by a financial overview from the CFO [3] - A deeper dive into the Fiskars business area will be provided by its CEO, Dr. Steffen Hahn, showcasing the company's strategic direction [3] - A Q&A session will follow the presentations, allowing for audience engagement both online and in-person [3] Group 2: Audience Engagement - The webcast is scheduled to conclude by 4:00 PM, after which attendees will have the opportunity to view new product launches [4]