Core Insights - Quantum Computing (QUBT), also known as QCi, has experienced a 15.6% decline in stock price over the past three months, underperforming the industry's 10% drop, primarily due to dilution from issuing new shares to raise over $1.5 billion in capital while generating limited revenues [1][3][9] Group 1: Financial Performance - QUBT reported significant financial improvements in Q3 2025, with revenues increasing to $384,000 from $101,000 a year earlier, driven by higher-value contracts and contributions from cloud access to its DIRAC-3 quantum optimization system [5][9] - Gross margin expanded sharply to 33% from 9% year-over-year, reflecting an improved contract mix and more efficient delivery, despite potential fluctuations due to a small contract base [6] - The company achieved a net income of $2.4 million in Q3, a turnaround from a $5.7 million loss in the prior year, aided by interest income from its strengthened cash position and gains from derivative liabilities [6] Group 2: Strategic Developments - QUBT has made strategic progress in capital, technology, manufacturing readiness, and customer adoption, indicating strong long-term prospects despite recent market volatility [3] - The company has strengthened its balance sheet with over $1.5 billion in capital, allowing for aggressive investments in engineering, manufacturing, and commercialization [3][9] - QUBT's room-temperature integrated photonic architecture offers significant advantages in size, weight, power, and cost, differentiating it in a market facing scalability challenges [4] Group 3: Market Position and Outlook - The stock has underperformed compared to industry peers and major indices, including IonQ and D-Wave Quantum, over the past three months [8] - Despite near-term volatility, QUBT is transitioning from early-stage development to scalable commercialization, supported by expanding customer adoption and a differentiated technology [10] - The average target price indicates strong near-term upside potential, with the stock currently trading 84.4% below its average Zacks price target [10]

Core Viewpoint - Momentum is returning to the quantum computing sector, with IonQ, D-Wave Quantum, and Rigetti showing significant breakouts after a challenging period [1][2][14]. Group 1: Market Activity - IonQ, D-Wave Quantum, and Rigetti have all staged meaningful breakouts, indicating a potential shift in market sentiment towards the quantum computing sector [1][2]. - The stocks have formed tight bull flag patterns, suggesting that the initial breakouts are not one-off events but may lead to further upward movement [2][14]. Group 2: Stock Performance - IonQ's stock has shown constructive behavior post-breakout, trading sideways in a tight consolidation, which is characteristic of a bull flag [5][6]. - D-Wave Quantum's breakout was strong, with the stock forming a compressed bull flag and showing persistent demand during consolidation [8][9]. - Rigetti's stock has also demonstrated constructive behavior, forming a bullish wedge and finding support during small dips [11][12]. Group 3: Buy Triggers - A breakout above $55 for IonQ would confirm the continuation of its upward trend, while a close above this level with increasing volume would reinforce the bullish signal [6]. - For D-Wave Quantum, a move through $28.70 would signal the next phase of the trend, with a closing above this level increasing the odds of sustained continuation [9]. - Rigetti would signal a price advance with a push above $26.60, while a breakdown below $27.15 would invalidate the current setup [12]. Group 4: Overall Sector Outlook - The recent breakouts in IONQ, QBTS, and RGTI mark the end of a correction and the beginning of renewed momentum in the quantum computing sector, with all three stocks trading in bullish continuation patterns [14][15].

Core Insights - Rigetti Computing (RGTI) has faced renewed pressure with a 14.6% decline in shares over the past month due to weaker revenues, compressed margins, and a miss on DARPA Phase B selection, raising concerns about its commercial momentum [1][2][21] - Despite these challenges, Rigetti is advancing its roadmap with new system sales and R&D partnerships, reaffirming multi-year hardware targets through 2027, indicating ongoing validation from various partners [2][8][10] Financial Performance - Rigetti's Q3 results showed revenues of $1.9 million, an 18% year-over-year decline, attributed to the lapse of National Quantum Initiative funding and inconsistent government contracts [17][18] - Gross margin fell to 21% from 51%, while operating expenses rose to $21 million due to increased R&D spending and other costs, highlighting the company's reliance on government and research-driven projects [18][21] Market Position and Competition - Rigetti's stock is up 85.2% year-to-date, outperforming most quantum peers but lagging behind leaders like D-Wave Quantum (QBTS), which surged 238.6% [4][5] - The competitive landscape in quantum computing is intensifying, with companies like IonQ and Arqit Quantum making significant advancements, which has led to increased investor caution regarding Rigetti's near-term execution [3][21] Strategic Developments - Rigetti secured a three-year, $5.8 million contract with AFRL focused on superconducting quantum networking, alongside $5.7 million in purchase orders for two 9-qubit systems, enhancing future revenue visibility [8][21] - The company is expanding its global and academic ecosystem through collaborations, including a new MOU with India's C-DAC and a deployment at Montana State University, which may lead to future research partnerships [9][10] Technological Advancements - Rigetti is progressing with its chiplet-based architecture, with a current 36-qubit system demonstrating high fidelity and gate speeds, and plans to unveil a 100+ qubit system by the end of 2025 [11][12] - The company aims to deliver a 150+ qubit system in 2026 and a 1,000+ qubit system in 2027, showcasing its commitment to scalability and technological advancement [12][21] Investment Considerations - Rigetti's stock is considered overvalued with a price-to-book ratio of 24.72X compared to the industry average of 6X, indicating high investor expectations [19] - The company remains a high-risk investment in the quantum computing sector, with a Zacks Rank of 3 (Hold), suggesting a cautious approach for investors as it seeks to convert technological progress into stable revenue streams [21][22]

This leader could help you build wealth.Quantum computing is billed as the next wave of growth for the tech sector beyond artificial intelligence (AI). This is an important and emerging technology with the potential to create a large industry, estimated to be worth $1 trillion over the next 20 years.IonQ (IONQ 0.35%) is currently the largest pure-play quantum computing company, and the stock is acting like a true market leader. It has skyrocketed 936% over the past three years. Here's why the stock should b ...

Core Viewpoint - The quantum computing sector, particularly D-Wave Quantum, is experiencing a resurgence despite previous volatility, suggesting potential growth as the technology approaches a critical inflection point [1][3][8]. Company Overview - D-Wave Quantum has seen a significant rebound, with shares increasing over 50% from their lows in November [1]. - Evercore ISI has initiated coverage on D-Wave Quantum with a target price of $44 per share, indicating confidence in the company's potential as a leading player in the quantum computing space [8][9]. Market Context - The broader market has shown skepticism towards AI and growth stocks, yet quantum stocks like D-Wave Quantum are beginning to show signs of recovery [3][4]. - The current market environment may present an opportunity for investors to consider quantum stocks, especially as they have lost about half their value in recent months [7]. Investment Considerations - The transition from pre-revenue to commercialization for quantum computing companies is critical, and if growth accelerates, share prices could rise significantly [2][6]. - D-Wave Quantum is described as well-funded, which is essential for capitalizing on upcoming opportunities in the quantum computing market [9].

The quantum computing investment thesis is relatively young, and its related stocks embraced at a fever pitch by some retail investors. Perhaps that explains its often dramatic emotional swings, both positive and negative. Focusing on Foundations Another advantage offered by WQTM is the ETF's focus on important pillars of quantum computing investing. Those being breadth, purity and relevance — attributes that can be hard to come by when selecting individual securities. "If the sector rallies, whether from a ...

Core Viewpoint - Quantum Computing Inc. (NASDAQ: QUBT) presents an exciting investment trend in quantum computing, but it is not considered a safe investment option due to various risks involved [1] Company Overview - Quantum Computing Inc. is developing quantum computers that operate at room temperature, which may offer a more practical long-term solution compared to competitors relying on cryogenic cooling [2] - The company has a strong balance sheet with over $1.5 billion in cash and investments, providing liquidity to support its operations for the next three years [3] Financial Performance - For the third quarter of 2025, Quantum Computing Inc. reported revenue of $384,000, with total revenue over the last 12 months being less than $1 million, indicating it is still in the research phase [4] Business Strategy - The company aims to fabricate its own quantum computing hardware, currently using facilities for testing and delivering prototypes, with plans to scale production to a commercial level over the next three years [5] Risks - Execution risk is significant, as scaling production is challenging, and the company may fall behind competitors who are already advancing in production capabilities [6] - Competition risk is heightened due to the rapid developments in the quantum computing space, with established players like Intel already scaling their operations [6] - Shareholder value dilution is a concern, as the company's cash position has been bolstered by issuing new shares, leading to an increasing outstanding share count [7]

Market Analysis - The recent prolonged market consolidation with low trading volume is attributed to stable behavior from institutional investors and profit-taking by some investors due to expectation disturbances [1][3] - Low trading volume is not necessarily a negative signal; historically, low points in trading volume often represent good buying opportunities during bull markets, as seen in periods from 2005-2007 and 2019-2021 [4] - The year-end typically experiences a correction of about 5%-10% due to trading funds speculating on economic and policy expectations, with a potential for a cross-year market rally in 2026 [4][5] Industry Tracking - Quantum computing is predicted to become mainstream within two years, according to former Intel CEO Pat Gelsinger, who believes it will accelerate the decline of AI hype and that GPUs will be replaced by quantum computing by 2030 [6] - Gelsinger emphasizes that the next decade will be transformative for technology, with quantum computing moving from laboratory settings to commercial applications, impacting various sectors including finance, chemicals, pharmaceuticals, transportation, and logistics [6] - The quantum computing industry is currently in its early development stage, but its market value is gradually being recognized [7]

Bubble or no bubble, this quantum computing stock should be a long-term winner.Share prices sometimes soar more than the underlying businesses of companies warrant. Buying is intensified as a result of hype and investors' fear of missing out (FOMO). These are the tell-tale signs of a stock market bubble. There's a good case to be made that quantum computing stocks are in a bubble. And all bubbles end negatively, often in spectacular fashion. What's the best quantum computing stock to own if the bubble burst ...

Core Insights - Quantum computing is gaining significant attention from investors, with an estimated addressable market of up to $850 billion by 2040, surpassing the hype surrounding artificial intelligence [3][6] - Several billionaire investors have shown interest in quantum computing stocks, particularly Alphabet, which has been added to the portfolios of multiple prominent asset managers [14][16] - Despite the excitement, pure-play quantum computing stocks like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. face substantial risks, including high capital burn rates and unprofitable operations [10][20] Quantum Computing Market - Quantum computing stocks have seen substantial price increases, with some rising as much as 810% over the past year [2] - The technology is still in its early commercialization stages, and it may take years before quantum computers become a viable alternative to classical computers [9][10] - The excitement around quantum computing is driven by its potential applications in drug development, cybersecurity, and AI algorithm optimization [6][9] Institutional Investment Trends - Institutional investors with over $100 million in assets filed Form 13F, revealing their stock purchases during the September-ended quarter [5] - Notably, Warren Buffett and other billionaires have purchased shares of Alphabet, indicating a preference for established companies with quantum computing initiatives over pure-play stocks [14][16] Alphabet's Position - Alphabet is recognized as a leading player in quantum computing, with its quantum processing unit, Willow, demonstrating significant performance advantages [21][23] - The company has a strong financial foundation, closing September with $98.5 billion in cash and generating over $112 billion in cash flow in the first nine months of 2025 [22][23] - Alphabet's diverse revenue streams, including its dominance in internet search and growth in Google Cloud, provide stability while quantum computing technology matures [17][19][23]