Core Insights - IonQ has announced an expanded agreement with QuantumBasel, increasing the total deal value to over $60 million and extending their partnership through 2029 [2][3]. Group 1: Partnership Details - The agreement grants QuantumBasel ownership of the existing IonQ Forte Enterprise system and secures a next-generation Tempo system [1][2]. - This partnership is a cornerstone of IonQ's global strategy, aimed at expanding quantum adoption and creating a quantum-ready ecosystem in Europe [3]. Group 2: Research and Development - IonQ and QuantumBasel are enhancing their collaborative research efforts, focusing on optimizing large language models and developing hybrid quantum-classical techniques [3][5]. - The next system, IonQ Tempo, is part of IonQ's roadmap to deliver higher-performing, fault-tolerant quantum computers, expected to support deeper quantum circuits and higher-fidelity operations [6]. Group 3: Strategic Expansion - IonQ is expanding its technical and research personnel to support system development and collaborative research, reinforcing QuantumBasel's role as a technology destination in Europe [5]. - The partnership is expected to span four generations of IonQ's systems, indicating a long-term commitment to advancing quantum technologies [6]. Group 4: Market Position and Recognition - IonQ's advancements have positioned the company as a leader in quantum computing, with operations in multiple countries and recognition in various industry rankings [12]. - The company aims to deliver the world's most powerful quantum computers with 2 million qubits by 2030, targeting sectors such as drug discovery, materials science, and logistics [11].

Core Viewpoint - Wedbush initiated coverage of IonQ, Inc. with an Outperform rating and a $60 price target, emphasizing the company's unique quantum computing technology and growing commercial momentum [1] Company Summary - IonQ's trapped-ion quantum computing architecture, developed over 25 years of academic research, is noted as a distinctive and powerful approach in the quantum computing sector [2] - The technology is still in its early stages, with current adoption limited to a small group of commercial, industrial, and academic users, but IonQ has established a strong and expanding sales pipeline [2] Financial Performance - IonQ's revenue increased significantly from $22 million in 2023 to $43 million in 2024, with projections indicating it will more than double again in 2025 to exceed $100 million [3] - Broader commercial adoption is identified as a key catalyst for IonQ and the quantum computing industry, despite the sector being in its infancy [3]

Industry Overview - Quantum computing is transitioning from speculative research and development to commercial pathways, with significant market growth expected by 2025 and beyond [1][2] - The quantum computing market is projected to grow from approximately $3.52 billion in 2025 to $20.2 billion by 2030, reflecting a compound annual growth rate (CAGR) of 41.8% [1] - By 2035, the combined market for quantum computing, communication, and sensing could reach around $97 billion under current scenarios [1] Federal Investment and Support - The U.S. Department of Energy announced $625 million in funding to renew five National Quantum Information Science Research Centers, supporting advancements in quantum technology [4] - This funding is part of the National Quantum Initiative framework, aimed at fostering collaboration among national labs, universities, and industry to accelerate innovation [4][5] Monetary Policy Impact - The U.S. Federal Reserve cut the target federal funds rate to 3.50%–3.75%, marking a shift towards a more neutral monetary policy, which is expected to support longer investment horizons in deep-tech development [6][7] - Easing financial conditions are anticipated to facilitate the transition of quantum hardware programs from R&D to early commercialization [7] Company-Specific Insights IonQ (IONQ) - IonQ achieved a significant milestone in October 2025 with two-qubit gate fidelities above 99.99%, enhancing its commercial viability [8][9] - The company is expected to see earnings growth of 66.2% in 2026, with revenue growth projected at 68.9% [10] - IonQ's average price target suggests a potential increase of 61.9% from its last closing price of $46.07 [10] Rigetti Computing (RGTI) - Rigetti plans to deploy a 150-qubit system by the end of 2026, following the delivery of a 100-qubit system in 2025, with a median two-qubit gate fidelity of 99.7% [13] - The company is expected to experience earnings growth of 75.9% in 2026, with revenue growth of 185.6% [14] - Rigetti's average price target indicates a potential increase of 65.8% from its last closing price of $23.53 [14] Quantum Computing Inc. (QUBT) - QUBT faces challenges with widening losses and minimal revenues, making it less attractive heading into 2026 [3][16] - The company is expected to report no earnings growth in 2026 and relies heavily on capital market activity for funding [17]

Quantum Computing (QUBT) is an integrated photonics and quantum technology company that develops quantum machines and photonic hardware for high‑performance computing, AI, cybersecurity, sensing, and imaging applications. The company’s portfolio includes thin-film lithium niobate optical chips, entropy-based quantum computers, quantum LiDAR, and photonic reservoir computing systems, aiming to deliver practical quantum and quantum-inspired solutions to commercial and government customers. The company was ...

Group 1 - The article provides a market analysis of key players in the quantum computing industry, including Quantum Computing Inc, IONQ Inc, D Wave Quantum Inc, and Rigetti Computing Inc [1] - It highlights the growing interest and investment in quantum computing technologies, indicating a significant potential for future growth in this sector [1] - The analysis suggests that advancements in quantum computing could lead to breakthroughs in various industries, enhancing computational capabilities and solving complex problems [1] Group 2 - The report emphasizes the competitive landscape among the mentioned companies, noting their unique technologies and market strategies [1] - It discusses the financial performance of these companies, including revenue growth and investment trends, which are critical for assessing their market positions [1] - The article also touches on the challenges faced by the quantum computing industry, such as technological hurdles and the need for skilled talent [1]

Key Points Quantum computing has been a top investing theme this year. Rigetti's market cap hit more than $18 billion on investor enthusiasm. However, the stock has pulled back sharply and trading volumes have declined. 10 stocks we like better than Rigetti Computing › When there's a pullback in price for a top-performing stock, it can potentially make for a lucrative buying opportunity. In other cases, however, it can simply be overdue for a stock that's become significantly overvalued. It may ...

We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. IonQ Inc. (NYSE:IONQ) is one of the top performers on Tuesday. IonQ grew its share prices by 7.81 percent on Tuesday to close at $49.67 each as investors took heart from an investment firm’s bullish rating for its stock. In a market note on the same day, Jefferies issued a “buy” recommendation for IonQ Inc. (NYSE:IONQ) at a price target of $100 apiece. The figure marked a 101 percent upside potential from its latest closing pri ...

We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. D-Wave Quantum Inc. (NYSE:QBTS) is one of the top performers on Tuesday. D-Wave Quantum bounced back on Tuesday from two straight days of losses, jumping 7.50 percent to finish at $25.52 apiece as investors took heart from an investment firm’s bullish stance for the stock. In a market report, Jefferies issued a “buy” recommendation on shares of D-Wave Quantum Inc. (NYSE:QBTS), alongside a price target of $45. The figure marked ...

As the new year approaches, it's not hard to imagine that many risk takers are wondering what the next move will be in the fast-paced field of quantum computing. ...

Close-up of a quantum computing chip. Key Points The quantum computing industry is still in its developmental stage, with no clear winners in terms of profitability. After selloffs this fall interrupted a major rally, some investors have sought to trim exposure to the industry. Choosing between leading candidates like D-Wave, Rigetti, IonQ, and Quantum Computing will depend on risk tolerance and whether an investor might prioritize cash position, revenue performance, technological advances, or other co ...