ZACKSยท2025-11-21 21:01Core Insights - Quantum computing stocks are entering a new phase with real contracts, tangible revenue visibility, and institutional interest, marking a shift from potential to commercial viability [1][5] - Significant funding and investor confidence are driving growth in quantum technology start-ups, with nearly $2.0 billion invested in 2024, a 50% increase from 2023 [2][5] Company Summaries - IonQ: Reported a 222% year-over-year revenue increase in Q3 2025, raising full-year revenue guidance to $106-$110 million, indicating strong commercial traction and technical progress [6][7] - D-Wave: Achieved $3.7 million in Q3 2025 revenues, doubling year-over-year, with improved operational efficiency and solid bookings, reflecting growth in enterprise use cases [9][10] - Rigetti: Reported $1.9 million in revenue for Q3 2025 but holds a strong cash position of approximately $600 million, providing a solid foundation for future growth and scaling efforts [11][12]