Core Insights - Quantum computing stocks are experiencing significant growth due to strong retail investor sentiment and government support, leading to increased sector momentum [1] - B. Riley analyst Craig Ellis has raised price targets for several quantum stocks, indicating faster-than-expected technological advancements and commercial achievements in the industry [1] Company Summaries - IonQ, Inc. (IONQ): Recognized as the revenue growth leader in the quantum sector with 100% growth for the last three years. Strategic acquisitions, particularly of Oxford Ionics, have significantly improved its computing power. B. Riley maintains a Buy rating and raises the price target from $75 to $100 [2] - Rigetti Computing, Inc. (RGTI): Price target increased from $19 to $35 while maintaining a Buy rating. This increase aligns with Rigetti's recent $5.8 million contract with the U.S. Air Force for quantum networking development [3] - D-Wave Quantum, Inc. (QBTS): Maintained a Buy rating with a price target raised from $22 to $33, indicating over 20% potential upside. The research note reflects a 50% increase in price target, showcasing confidence in D-Wave's leadership in the quantum-computing sector [4][3] Industry Overview - B. Riley's commentary emphasizes the industry's progress and regulatory support as critical factors driving the commercialization of quantum computing technology. The transition from a frontier scientific field to a sector with practical commercial capabilities is evident [5] - Recent performance of quantum stocks suggests that investors are optimistic about potential commercial success in the sector [5]
Rigetti, D-Wave, IonQ Set To Disrupt Everything—Expert Goes All In