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Quantum Computing Pure-Play Stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Just Issued a $749 Million Warning to Wall Street
Yahoo Finance· 2025-11-12 08:51
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 ...
RGTI "Science Project, not a Business?" Long-Term "Patience May be Warranted"
Youtube· 2025-11-11 23:00
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]
Quantum Stock Tracker: IonQ, Rigetti, D-Wave Report Q3 Earnings
Benzinga· 2025-11-11 19:39
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]
Fiskars Oyj Abp (FKRAF) Deep Dive Into Business Area Fiskars: Strategy, Financials, and Brand Focus Transcript
Seeking Alpha· 2025-11-11 19:31
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]
Why did Rigetti stock plunge over 8% on Tuesday?
Invezz· 2025-11-11 17:57
Core Viewpoint - Rigetti stock (NASDAQ: RGTI) experienced a decline of over 8% following the release of its mixed Q3 earnings report, which showed an earnings surprise despite a revenue miss [1] Financial Performance - The company reported an earnings surprise, indicating that the earnings per share (EPS) exceeded analysts' expectations [1] - However, the revenue figures fell short of market expectations, contributing to the stock's decline [1]
Rigetti Computing CEO: We are about 3-4 years away from demonstrating quantum advantage
CNBC Television· 2025-11-11 17:45
Welcome back. Take a look at shares of Regetti Computing lower this morning after reporting a miss on revenue in Q3. Stocks still up roughly 2,000% over the last year though amid this excitement over quantum computing and the AI boom.Joining us this morning in a CBC exclusive is Betti CEO Subode KC Carney. Sabot, welcome back. It's good to have you.>> Thank you for having me. I wonder how I hope you won't mind me asking how you recommend investors value the shares right now given you're a 10 billion market ...
Rigetti Computing CEO: We are about 3-4 years away from demonstrating quantum advantage
Youtube· 2025-11-11 17:45
Welcome back. Take a look at shares of Regetti Computing lower this morning after reporting a miss on revenue in Q3. Stocks still up roughly 2,000% over the last year though amid this excitement over quantum computing and the AI boom.Joining us this morning in a CBC exclusive is Betti CEO Subode KC Carney. Sabot, welcome back. It's good to have you.>> Thank you for having me. I wonder how I hope you won't mind me asking how you recommend investors value the shares right now given you're a 10 billion market ...
Rigetti Computing: Rating Downgrade Driven By Overheated Valuation
Seeking Alpha· 2025-11-11 17:07
Core Viewpoint - Rigetti Computing (NASDAQ: RGTI) specializes in quantum computer chips known as superconducting qubit processors and offers cloud access to these technologies [1] Company Summary - The company has been rated as "Hold" due to its stock price reflecting current valuations [1] - Rigetti focuses on producing objective, data-driven research primarily on small- to mid-cap companies, which are often overlooked by investors [1] Industry Context - The analysis occasionally includes large-cap companies to provide a broader perspective on equity markets [1]
Quantum Computing Stock Slides on Revenue Miss
Schaeffers Investment Research· 2025-11-11 16:04
Quantum computing stock Rigetti Computing Inc (NASDAQ:RGTI) was last seen down 4.6% to trade at $31.57 after mixed third-quarter results. The company posted adjusted third-quarter losses of 3 cents per share, narrower than analysts' anticipated losses of 5 cents per share, but the $1.95 million figure missed estimates of $2.2 million. On the charts, RGTI has taken a 45% haircut since its Oct. 14 record high of $58.15. The ascending 60-day moving average, which has provided close support since early May, is ...
Rigetti(RGTI) - 2025 Q3 - Earnings Call Transcript
2025-11-11 14:32
Financial Data and Key Metrics Changes - Revenues in Q3 2025 were $1.9 million, down from $2.4 million in Q3 2024, impacted by the expiration of the National Quantum Initiative [12] - Gross margins in Q3 2025 were 21%, compared to 51% in Q3 2024, due to revenue composition and pricing variability [12][13] - Operating loss for Q3 2025 was $20.5 million, compared to $17.3 million in the prior year [14] - GAAP net loss for Q3 2025 was higher than in Q3 2024, with a non-GAAP net loss of $10.7 million, or $0.03 per share, compared to $13.4 million, or $0.07 per share, in Q3 2024 [15] - As of September 30, 2025, the company had approximately $558.9 million in cash and equivalents, with no debt [15] Business Line Data and Key Metrics Changes - The company announced purchase orders totaling approximately $5.7 million for two 9-qubit Novera quantum computing systems, which are upgradable [6][7] - A three-year, $5.8 million contract from the Air Force Research Laboratory (AFRL) was announced to advance superconducting quantum networking [8] Market Data and Key Metrics Changes - The expiration of the National Quantum Initiative and its pending reauthorization in the U.S. Congress impacted revenue [12] - The company is engaged with various academic and government sectors to enhance quantum computing capabilities [9][10] Company Strategy and Development Direction - The company plans to deliver a 150-plus qubit system by the end of 2026 and a 1,000-plus qubit system by the end of 2027, with anticipated gate fidelity improvements [5][6] - The company is focusing on public-private partnerships to advance quantum technologies [9] - The company intends to open an Italian subsidiary to pursue business opportunities in the region [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future sales driven by recent contracts and collaborations, despite current revenue challenges [12][15] - The company is optimistic about being selected for phase B of the DARPA Quantum Benchmarking Initiative project in the coming months [10][18] Other Important Information - The company is exploring options for a new chip fab facility to enhance capabilities beyond the current 150 mm fab [63][66] - The potential investment for a new quantum fab is expected to be in the hundreds of millions of dollars, significantly less than a CMOS fab [66] Q&A Session Summary Question: Can you discuss the DARPA phase B and the feedback received? - Management noted that while not selected for phase B, constructive feedback was received, focusing on error correction and long-range coupling [17][18] Question: What is the comfort level for achieving 99% fidelity by 2027? - Management is confident in achieving 99.7% fidelity at 150-plus qubits by 2026 and 99.8% at 1,000 qubits by 2027 [21][22] Question: Will the 1,000-qubit system use chiplet-based architecture? - The plan is to use 36-qubit chiplets for the 1,000-qubit system, with confidence in achieving the fidelity targets [27][28] Question: How will revenue recognition work for the Novera system sales? - Revenue for the two Novera systems will be recognized upon shipment, expected in Q1 and Q2 of 2026 [31] Question: What is the expected impact of the National Quantum Initiative funding? - The recent reinstatement of funding to $625 million over five years is seen as a positive step, though discussions for higher funding amounts are ongoing [88][89] Question: What is the company's strategy regarding potential M&A? - The company is open to exploring M&A opportunities to accelerate its roadmap but believes it can execute its plans organically [50][51]