CoreWeave - CoreWeave is not a quantum computing stock but is often associated with the sector due to its connection with NVIDIA and its AI-focused business model [3] - The company has a significant backlog of nearly $60 billion, with $50 billion in contracted remaining performance obligations (RPO) [3] - For the full year, CoreWeave expects approximately $5 billion in revenue, more than double from the previous year, but will incur $13 billion in capital expenditures (CapEx) and $1.4 billion in interest expenses [3] - The stock has seen a decline of nearly 15% due to lower-than-expected guidance for Q4 and the full year [4] - CoreWeave's growth is heavily dependent on external factors such as contractor performance and power availability [5] Rigetti Computing - Rigetti reported Q3 revenue of only $1.9 million, a decline of around 18% year-over-year, contrasting sharply with CoreWeave's nearly doubled revenue [6] - The company is in the early stages of quantum computing, with ambitious goals to deliver advanced quantum systems in the coming years [6] Rocket Lab - Rocket Lab reported record Q3 revenue of $155 million, up approximately 48% year-over-year, although it remains unprofitable [11] - The company has a backlog of 49 launches under contract, with 17 deals signed in Q3 alone [11] - Rocket Lab is affected by the government shutdown, which has delayed awards for key projects [12] AST SpaceMobile - AST SpaceMobile is building a satellite-based cellular network and has secured contracts with over 50 mobile network operators globally, covering nearly three billion subscribers [17] - The company reported just under $15 million in revenue for Q3 but has $1 billion in contracted revenue commitments [15] - AST SpaceMobile expects to launch a satellite every 1-2 months, aiming to deploy between 45 and 60 satellites by the end of next year [18]

Industry Overview - Quantum computing is rapidly emerging as a significant technology, second only to artificial intelligence, with recent advancements in computing power and error correction attracting investor and government interest [1] Company Performance - Quantum Computing (NASDAQ: QUBT), also known as QCI, has seen its stock price increase by 286% over the past 12 months, turning a $500 investment into $1,920 [2] - QCI focuses on providing manageable quantum computing solutions through software, hardware, and end-to-end services, differentiating itself from competitors that prioritize research and development [3] - In Q3, QCI reported a revenue increase of 280% year over year, reaching $384,000, with a gross margin of 33%, up from 9% the previous year [4] - A notable achievement for QCI was securing its first U.S. commercial sale of quantum cybersecurity solutions through an order from a top-five U.S. bank, indicating traction in real-world applications [4][7]

Core Insights - Quantum Computing Inc. (QCi) has experienced a stock price surge of 271% over the past year, significantly outperforming its competitors, but its financial fundamentals indicate extreme risk [2][3][8] - The current rally in quantum stocks, including QUBT, is driven by technological advancements and heightened investor interest, despite the technology being years away from widespread commercial application [3][4] - QUBT's operational metrics reveal minimal revenue, substantial negative profitability with an operating margin of -12474.9%, and high valuation multiples, contrasting sharply with established tech giants like Apple and Dell [4][8] Financial Performance - QUBT's revenue has decreased by 21.5%, indicating poor market traction in the emerging quantum computing sector [8] - The company's negative profitability is attributed to high research and development expenses in quantum technology, leading to mammoth negative margins [4][8] - Despite a price-to-earnings (PE) ratio of -21.3, QUBT's market performance remains strong, reflecting speculative investor sentiment regarding its future potential in the quantum market [8]

Core Viewpoint - Arqit Quantum (NASDAQ: ARQQ) has seen a significant stock decline of 24% in one week, primarily due to investor withdrawal from speculative quantum growth stocks amid global instability and interest rate concerns [2][3] Group 1: Potential Catalysts for Growth - Rising demand for quantum security is creating a necessity for next-generation encryption, benefiting ARQQ directly through high-profile licensing agreements [6] - ARQQ is projected to achieve over 80% revenue growth in 2025 and over 1,000% growth in 2026, indicating strong contract growth and a focus on practical quantum solutions [6] - The company's software-first approach allows for lower overhead costs and quicker market entry compared to hardware-focused competitors [6] - Strategic partnerships and licensing deals with major networks enhance ARQQ's credibility and market reach, creating a "flywheel effect" for client acquisition [6] - Financial stability is indicated by a healthy debt-to-equity ratio and significant insider ownership, aligning interests for disciplined execution [6] - The quantum technology sector is experiencing strong tailwinds, with ARQQ positioned to benefit from the transition of quantum computing into real-world applications [6] Group 2: Risks to Consider - The quantum computing industry is highly volatile, sensitive to market sentiment and macroeconomic changes, which can lead to abrupt price fluctuations [6] - Execution risk exists due to competition in a rapidly evolving field, where failure to maintain momentum could result in being surpassed by rivals [6] - Investors must monitor ARQQ's cash runway and burn rate, as excessive cash burn or insufficient capital could threaten business continuity [6] Group 3: Investment Perspective - ARQQ stock presents a high-risk, high-reward scenario, with substantial upside potential driven by increasing demand for quantum-safe networks and actual revenue contracts [7] - The company's unique positioning in quantum software provides flexibility and credibility, but the volatility and regulatory challenges in the sector must be acknowledged [7] - Overall, ARQQ represents a compelling investment opportunity for those willing to accept the associated risks [7]

Raises $1.25 million in additional capital at over 3x the effective price per share of the June 2025 capital raiseRestructures additional $8.6 million of debt; bringing total amount of debt restructured to $18.7 millionRetains top-tier financial and accounting advisory firm to expedite path to full SEC compliance BOSTON, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Zapata Quantum, Inc. (formerly Zapata Computing Holdings, Inc.) (OTC: ZPTA) (“Zapata”, “Zapata Quantum” or the “Company”), a pioneer in quantum computing a ...

Core Insights - The collaboration between QPerfect and Quobly significantly accelerates quantum simulations, achieving speeds up to 100 times faster than previous methods [1] - This partnership enhances global access to hybrid quantum-classical computing, allowing seamless design, testing, and scaling of quantum algorithms across GPU and CPU environments [1] Company Developments - QPerfect and Quobly have launched the next-generation QLEO emulator, which is powered by QPerfect's MIMIQ engine and is fully compatible with NVIDIA CUDA-Q [1] - The new emulator represents a major advancement in the field of quantum computing, bridging the gap between quantum and classical systems [1]

Key Points Quantum Computing has advanced technology, a unique foundry, and impressive customers, including NASA. But the company barely has any sales, and costs are rising. Quantum Computing's stock has an eye-watering valuation and is likely benefiting from overly optimistic tech investors. 10 stocks we like better than Quantum Computing › Share prices of Quantum Computing (NASDAQ: QUBT), also referred to as QCi, have surged 390% over the past three years as investors have become increasingly b ...

Core Insights - Quantum computing is gaining significant attention as an emerging technology, with D-Wave Quantum being a leading company in this space [1] Company Performance - D-Wave Quantum's stock has increased approximately 1,280% over the past year, turning a $1,500 investment into around $20,700 [2] - The company reported a revenue of $3.7 million in the third quarter, doubling year over year, but also incurred a loss of $140 million [3] - D-Wave Quantum has a market capitalization of $8 billion and is currently trading at over 408 times its projected sales for the next 12 months, indicating a high valuation [4][5] Market Position - D-Wave Quantum is characterized as a pure quantum computing hardware and services company, although it remains a relatively new player in the commercial market [3] - The company operates in a hypergrowth mode, which is expected to lead to losses, adding risk to investments [5] - While investing in D-Wave Quantum offers exposure to quantum computing, there are less risky and more diversified technology investment options available [6]

Core Insights - NTT Inc and OptQC Corp have formed a collaboration to advance optical quantum computing, aiming to develop a 1-million qubit optical quantum computer by 2030 [1][4] Group 1: Collaboration Details - NTT will provide quantum error tolerance systems and optical communication technologies as part of its Innovative Optical and Wireless Network (IOWN) Initiative, which will be integrated with OptQC's quantum computing platform [2] - The collaboration will begin with joint research over the next five years, starting with technical studies and use case development in the first year [7] Group 2: Goals and Timeline - NTT aims to scale up qubit levels from hundreds to thousands by 2027, ultimately targeting 1 million qubits by 2030 [4] - By 2028, the companies plan to establish concrete use cases for optical quantum computing, particularly in artificial intelligence [8] Group 3: Technological Advantages - Optical quantum computers are expected to offer advantages such as low power consumption, the ability to operate at room temperature and pressure, and the potential to perform complex calculations much faster than conventional computers [6][8] - NTT has also demonstrated the remote control of manufacturing equipment using the IOWN All-Photonics Network, showcasing advancements in smart factory innovation [9]

Core Insights - Quantum Computing's shares surged by 10.6% following the announcement of its Q3 2025 financial results, despite a bearish market trend for the S&P 500 and Dow Jones Industrial Average [1] Financial Performance - Quantum Computing reported Q3 2025 revenue of $384,000, significantly exceeding analysts' expectations of $116,670 [3] - The company achieved earnings per share (EPS) of $0.01, a notable improvement from a loss of $0.06 per share in the same quarter last year [3] Milestones and Developments - The company secured a purchase order from a major U.S. bank for its quantum cybersecurity solutions, marking the first commercial sale in the U.S. and validating the technology's commercial viability [3] Market Sentiment - Despite the positive financial results, Lake Street reduced its price target for Quantum Computing stock from $24 to $16, indicating mixed sentiment among analysts [4] - The quantum computing industry is characterized by volatility, and investors are advised to consider their risk tolerance when investing in Quantum Computing or related ETFs [5]