Core Insights - Rigetti Computing (RGTI) enters 2026 with a robust balance sheet, differentiating itself from peers reliant on frequent capital raises [1][2] - The company's liquidity exceeds $600 million, providing multi-year financial visibility and reducing near-term dilution risk [1][2] - Rigetti's resources are sufficient to fund planned system launches, including next-generation 100+ qubit platforms with approximately 99.5% fidelity and a 150+ qubit architecture [1][7] Financial Flexibility - Rigetti's revenue profile is uneven, primarily tied to government agencies and research institutions, making financial flexibility crucial [2] - Recent contract momentum and international engagement reinforce long-term relevance but do not mitigate quarterly volatility [2] - The strong balance sheet allows Rigetti to absorb delays and customization without external financing, enhancing its competitive position [2][3] Peer Updates - D-Wave Quantum (QBTS) achieved a technical milestone with scalable on-chip cryogenic control for gate-model quantum processors, reducing wiring complexity [4] - IonQ (IONQ) is deepening its relationship with the Korea Institute of Science and Technology Information by installing a next-generation 100-qubit system, highlighting its success with government-backed institutions [5] Price Performance and Valuation - Rigetti's shares have declined 16.6% over the last six months, compared to the industry's decline of 20.3% [6] - The company trades at a price-to-book ratio of 13.31, above the industry average, and carries a Value Score of F [9] - The Zacks Consensus Estimate for Rigetti's 2026 earnings indicates a significant 75.9% improvement from the previous year [10]

Core Viewpoint - The value of quantum computing stocks, particularly Rigetti Computing, has significantly declined from their previous highs, reflecting a correction from overexuberance in the market [1][4]. Group 1: Stock Performance - Rigetti Computing's shares have dropped approximately 75% from their peak last fall, with a recent decline of 15.4% as of Friday morning [1][2]. - The company's market capitalization is currently nearly $5 billion, down from over $18 billion last fall, despite reporting only $1.9 million in third-quarter revenue [3]. Group 2: Analyst Insights - TD Cowen analyst Krish Sinkar downgraded Rigetti stock, suggesting that investors may have overestimated the company's potential and that forward estimates for 2027 are overly optimistic [2][4]. - Rigetti management anticipates that significant demand and value for quantum computing will not materialize until after 2030, indicating a longer timeline for potential returns [4]. Group 3: Market Sentiment - The current decline in Rigetti's stock price is seen as a correction from the previous market enthusiasm, with investors likely needing more time to identify successful companies in the quantum computing sector [4].

Core Insights - Photonic Inc. and TELUS have formed a partnership to advance quantum-secure networking capabilities and deliver quantum solutions that can transform industries globally [1][3] - The collaboration has achieved a significant milestone with the world's first quantum teleportation using TELUS' existing fibre optic infrastructure, demonstrating the ability to reliably carry quantum information [1][2] Company Overview - Photonic Inc. specializes in distributed quantum computing and communications technologies, focusing on commercial-scale quantum computers and networks to tackle challenges in materials science, drug discovery, climate change, and security [5] - TELUS is a leading communications technology company with over $20 billion in annual revenue and more than 21 million customer connections, committed to leveraging technology for positive human outcomes [7] Technical Achievements - The quantum teleportation was successfully conducted over 30 km of TELUS' PureFibre network, utilizing Photonic's Entanglement First™ architecture, which integrates silicon-based qubits with telecom band photonic connectivity [2] - This achievement allows for the transfer of quantum information to a remote processing node, a crucial step for establishing long-distance quantum networks and commercial-scale quantum computers [2] Future Prospects - The partnership aims to expand projects at the intersection of Photonic's quantum computing expertise and TELUS' telecommunications capabilities, paving the way for products and infrastructure that support commercial quantum solutions [3][4] - The collaboration is expected to contribute to building a secure, resilient, and connected future for Canada, enhancing the country's leadership in quantum computing and networking [3][4]

TORONTO, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Xanadu (Xanadu Quantum Technologies Inc.), a world leader in photonic quantum computing, today announced the publication of a quantum algorithm that significantly reduces the resource requirements to simulate photochemical reactions on a fault-tolerant quantum computer. Published as a pre-print research paper, "Efficient Simulation of Pre-Born-Oppenheimer Dynamics on a Quantum Computer," this work provides a scalable path for investigating phenomena that are import ...

The first-mover advantage for pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. may be short-lived.Although artificial intelligence (AI) sports the largest addressable global opportunity of any game-changing trend on Wall Street, AI stocks took a back seat to the advent of quantum computing in 2025.As of mid-October, pure-play quantum computing stocks IonQ (IONQ 7.25%), Rigetti Computing (RGTI 9.04%), D-Wave Quantum (QBTS 4.17%), and Quantum Computing Inc. (QUBT 4.16%) ral ...

If you're looking for a stock that has the potential to set you up for life, you're going to want to find one that has some potential game-changing technology. With quantum computing potentially being the next big technological breakthrough after artificial intelligence (AI), this is one of the top areas to look. While quantum computing is still likely many years away from becoming a commercially viable business, the technology's potential is enormous. Right now, the biggest obstacle facing quantum compu ...

Key Takeaways IonQ shares fell 25.1% in early 2026 despite major tech milestones and expansion moves.IONQ's Oxford Ionics, Vector Atomic and planned SkyWater deal deepen vertical integration.IonQ ended October with $3.5B cash, no debt, and sees 65.8% earnings growth in 2026.IonQ’s (IONQ) shares have fallen 25.1% in the first one-and-a-half months of 2026, sharply underperforming the broader industry’s roughly 11% gain. Yet the company’s recent strategic actions indicate that its business trajectory remains ...

BOULDER, Colo.--(BUSINESS WIRE)--Infleqtion, a global leader in quantum sensing and quantum computing, develops atom-based quantum technology for commercial and government applications. Infleqtion is proud to announce the induction of Dr. Dana Anderson into the National Academy of Engineering (NAE) for contributions to optical quantum engineering of ultracold atoms. Infleqtion recently announced plans to go public through a merger with Churchill Capital Corp X (NASDAQ: CCCX). "I am honored to b. ...

IonQ Inc (NYSE:IONQ) stock just entered a high-stakes showdown — bearish technical pressure colliding with major institutional backing. The quantum computing company has flashed a Death Cross. The 50-day moving average crossed below the 200-day moving average, signalling potential downside.The technical warning comes days after a short-seller attack rattled shares and as Norway's $2.2 trillion sovereign wealth fund revealed a major investment. The clash between weakening momentum and smart money conviction ...

Quantum computers, which can process specific tasks much faster than classical computers, are still mainly used for niche research projects rather than mainstream computing applications. That's because they're much larger, pricier, and consume more power than classical computers. Yet as more companies miniaturize and improve those systems, that technology could become more widely adopted and attract a broader range of customers. One of those companies is IonQ (NYSE: IONQ), which boasts two major strengths ...