Key Points D-Wave develops quantum annealing systems and services. QCi believes its photonic chips can revolutionize the quantum market. Both stocks are speculative, but one is on firmer ground. 10 stocks we like better than D-Wave Quantum › D-Wave Quantum (NYSE: QBTS) and Quantum Computing Inc. (NASDAQ: QUBT), more commonly known as QCi, represent two distinct ways to invest in the emerging quantum computing market. D-Wave is a more established provider of quantum processing units (QPUs), quantum ...

Core Insights - Quantum computing is expected to make significant advancements in 2026, although it will not reach mainstream adoption yet [1] - Companies like Alphabet, Microsoft, Nvidia, and IonQ are positioned to benefit from developments in quantum computing [1][6] Group 1: Alphabet and Microsoft - Alphabet and Microsoft are leading players in quantum computing due to their vast resources and strong cloud computing divisions [2][3] - Both companies aim to develop their own quantum computing hardware to control costs and improve margins when renting out capacity [3] - The competitive landscape will keep both companies engaged in quantum computing, although AI will be the primary driver of their growth in 2026 [6] Group 2: Nvidia - Nvidia is a key player in AI and traditional computing, providing a bridge between quantum computers and supercomputers through its NVQLink technology [7][9] - While Nvidia is not directly developing quantum computing units, its technology supports hybrid systems that could be crucial for future quantum computing applications [10] Group 3: IonQ - IonQ is a pure-play quantum computing startup focused on achieving commercial viability through high accuracy [11] - The company holds a record for two-qubit gate fidelity at 99.99%, significantly higher than competitors, positioning it favorably in the market [12][13] - IonQ's progress in reducing error rates could lead to substantial stock growth if it continues to advance its technology [14]

Generates revenue through the sale of quantum hardware, subscription-based cloud services, and professional onboarding and deployment services for enterprise clients.What is the broader context for this transaction given D-Wave Quantum's recent stock performance? The sale occurred after a period of substantial appreciation, with D-Wave Quantum shares up 567.52% year-over-year as of Dec. 5, 2025, suggesting that liquidation is paced to match remaining share capacity rather than ongoing accumulation.Did the t ...

The issue, as Trevor Lanting, D-Wave's chief development officer, tells Fast Company, is that adding qubits to a quantum system requires additional resources, such as control lines. That involves more space, material, and an overall increase in complexity for the entire system. But D-Wave has found a way to reduce that complexity, opening the door for scalability. "You can think of it as a chip in your phone or laptop,†Lanting says. "The CPU has transistors in it, and there are billions in a modern CPU or l ...

Core Insights - Quantum Computing, Inc. (QUBT) has reported strong quarterly results in 2025, highlighting the increasing real-world adoption of its photonic and quantum computing systems [2] - The quantum computing industry has reached a critical inflection point in 2025, transitioning from theoretical potential to tangible commercial progress driven by advances in hardware, software, and error correction [3] - A robust ecosystem for commercial quantum computing has been fostered by increased investment, government support, workforce development, and technical breakthroughs, with meaningful applications expected in areas like drug discovery and cryptography over the next five to ten years [4] Company Performance - QUBT's stock has declined by 33.9% over the past year, underperforming the broader industry which gained 0.8% and the S&P 500 which rose by 16.9% [6] - The company has secured significant contracts, including a subcontract with NASA to address solar noise in space LIDAR data and a purchase order from a top-five U.S. bank for its quantum security solutions, marking its first commercial sale in this area [7][11] Growth Drivers - QUBT's DIRAC-3 quantum optimization machine is being deployed to develop methods for mitigating solar noise, reinforcing its position as a trusted government partner [8] - The company is pursuing mergers and acquisitions to accelerate quantum commercialization, including a $110 million acquisition of Luminar Semiconductor, which will enhance its photonic technology portfolio [12] Financial Position - QUBT's balance sheet has strengthened significantly, with total assets reaching $898.2 million and cash and investments totaling $813 million, supported by $1.25 billion in private placements [15] - For the full year 2026, QCi is expected to generate revenue growth of 284.3%, although earnings per share are projected to remain negative [16] Strategic Focus - QUBT is prioritizing long-term platform leadership over immediate revenues, investing in manufacturing infrastructure to support future scale [18] - The company plans to focus on small, customized deployments for a limited set of customers, which may limit near-term revenue growth due to low unit volumes and lengthy sales cycles [19] Valuation Concerns - QUBT's stock is currently trading at a high forward price-to-sales ratio of 840.29X, significantly above the industry average of 5.55X, indicating an expensive valuation [20]

However, that's a big "if." Quantum computing is still an early-stage technology, and the companies involved are generating little revenue. For instance, IonQ has a $16 billion market cap, but it guided for a top line of $106 million to $110 million in 2025. That gives it a sky-high price-to-sales ratio of 145. Meanwhile, it's expecting to report a loss of $206 million to $216 million for the year. It will need to perform perfectly from here for many years just to justify its current valuation. Rigetti and ...

Key Points Artificial intelligence is the headline-grabbing technology story today, but in the background, you'll hear the term quantum computing. Quantum computing could dramatically increase the computing power available to the world. Defiance Quantum ETF, VanEck Quantum Computing UCITS ETF, and WisdomTree Quantum Computing ETF all offer exposure to the emerging field of quantum computing. 10 stocks we like better than Defiance Quantum ETF › Technological change moves quickly. Currently, the n ...

Key Takeaways Two stocks beat NVIDIA in 2025, with D-Wave and Palantir delivering bigger gains than the AI chip leader. QBTS revenues nearly doubled year over year as Advantage2 rolled out, bookings rose, and its base expanded.PLTR revenues jumped on demand for its AI platform across government clients, lifting full-year 2025 sales.Despite U.S.-China trade headwinds, Wall Street’s most sought-after stock, NVIDIA Corporation (NVDA) , reported strong quarterly results throughout 2025, fueled by the artificial ...

Core Insights - Rigetti Computing (RGTI) recognizes the need for advanced chip manufacturing capabilities to enhance quantum performance, particularly for achieving fidelities above 99.9% [1][10] - The company is exploring various strategic options, including partnerships with experienced foundries, participation in U.S. government-backed programs, and the potential development of a modern 200-300mm facility [2][10] - The need for a new fabrication facility is viewed as a strategic opportunity rather than a risk, as it could strengthen Rigetti's competitive position and improve manufacturing processes [3][4] Company Updates - Quantum Computing Inc. (QUBT) has successfully shipped its first commercial entangled-photon source to a research institution in South Korea, marking a significant step in its telecom C-band photonic platform rollout [5] - QCi is increasing manufacturing at its Tempe, AZ, foundry and expanding into quantum sensing and cybersecurity, transitioning from research to commercial execution [6] - D-Wave Quantum (QBTS) has launched its Advantage2 annealing system commercially, offering over 4,400 qubits and improved performance metrics, available to users in over 40 countries [7][8] Financial Performance - RGTI shares have increased by 71.6% over the past six months, contrasting with an 8.3% decline in the industry [9] - The company has a price-to-book ratio of 20.95, which is above the industry average, and carries a Value Score of F [11] - The Zacks Consensus Estimate indicates a projected 88.9% decline in RGTI's earnings for 2025 compared to the previous year [12]

Key Points Alphabet has a lot to gain by developing its quantum technology in-house. The tech giant is already seeing real-world applications for its technology. 10 stocks we like better than Alphabet › Quantum computing is a difficult area to invest in. It's similar to investing in early-stage biotechs, where there are some promising results, but nothing indicative of true future success. Couple that with how many companies are competing for quantum computing dominance, and it turns into a very di ...