Shares of D-Wave Quantum Inc. (NYSE:QBTS) are trading lower on Tuesday, after gaining 20% on Monday when enthusiastic retail traders took it up.D-Wave broke resistance with this move. This is why it is the Stock of the Day. This breakout may result in a new uptrend forming.Many traders overcomplicate the markets. They believe they are analogous to a chess game or a math equation. This belief is not correct because chess and math are logical.Markets are not.Markets consist of people, and people can be irrati ...

Core Viewpoint - IonQ Inc. (NYSE:IONQ) has shown significant performance, rallying 11.10% to close at $53.86, attributed to quarterly and year-end window dressing practices among institutional investors [1][3]. Company Performance - IonQ's stock has experienced a three-day rally, indicating strong market interest despite the absence of specific catalysts [3]. - The bullish sentiment is supported by positive ratings and price targets from analysts, with Jefferies issuing a "buy" recommendation and a price target of $100, suggesting an 86% upside potential from the latest closing price [3][4]. Analyst Ratings - Jefferies' outlook is based on IonQ's trapped-ion infrastructure, which offers superior coherence, fidelity, and connectivity capabilities [4]. - Another analyst, Wedbush, has given IonQ an outperform rating with a price target of $60, indicating an 11.4% upside from the latest closing price [5]. Future Outlook - Analysts expect further upside potential for IonQ as the company executes its strategy, expands partnerships, and develops the quantum ecosystem [5].

Key Points Quantum computing stocks in general outperformed the market in 2025. IonQ stock in particular barely kept pace with the S&P 500. 10 stocks we like better than IonQ › Shares of quantum computing company IonQ (NYSE: IONQ) soared 10% through 11:25 a.m. ET Monday. And why? That's not entirely clear. So far as I can tell, there's no significant quantum stock news concerning either IonQ stock in particular or quantum stocks in general today. Investor's Business Daily does have a story out, bu ...

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]

IonQ Inc (NYSE:IONQ) stock is up 7.2% to trade at $49.41 today, after Jefferies initiated coverage on the quantum computing name with a "buy" rating and $100 price target. The stock, along with the rest of its sector, has attracted plenty of investor attention of late, particularly as traders look for potential growth stocks going into 2026.Over the past few weeks IONQ has succumbed to the recent tech selloff, widening the gap from its Oct. 13 record high of $84.64. However, today's price action could be th ...

Core Insights - IonQ is a prominent player in the quantum computing sector, characterized by high stock volatility, providing investors with a pure-play opportunity in this emerging market [1] Company Overview - IonQ offers direct exposure to quantum computing, which is considered a hotly debated area in the investment landscape [1]

Core Insights - Quantum Computing Inc. (QUBT) has significantly strengthened its financial position through aggressive capital strategies, increasing cash and equivalents to $352.4 million and investments to $460.6 million, resulting in total liquidity of approximately $813 million, followed by an oversubscribed $750 million private placement, pushing liquid assets above $1.5 billion [1][8] - The substantial capital raises validate institutional investors' confidence, allowing QCi to operate with minimal debt while maintaining manageable cash burn of around $10 million per quarter [2][3] - QCi's enhanced balance sheet enables aggressive investment in R&D, scaling operations, and pursuing strategic growth opportunities without reliance on immediate revenue spikes [3][8] Peer Update - D-Wave Quantum (QBTS) reported a record cash balance of $836.2 million in Q3, a significant increase from $29.3 million in the same quarter last year, driven by warrant exercises [4] - IonQ (IONQ) reported a pro-forma cash balance of approximately $3.5 billion after a $2 billion equity offering, reflecting strong investor demand and providing liquidity for long-term commercialization and acquisitions [5] Market Performance - QUBT shares have increased by 110.4% over the past year, outperforming the industry growth of 2% and the S&P 500's 15.3% increase [6][8] - QUBT currently trades at a forward Price-to-Sales (P/S) ratio of 1955.20X, significantly higher than the industry average of 5.56X, indicating an expensive valuation [9] Earnings Estimates - The loss per share estimate for QUBT for 2025 has narrowed by 6 cents to 19 cents over the past 30 days [10]

Core Viewpoint - Quantum computing stocks are experiencing unsustainably high valuations, driven by hype rather than substantial technological advancements or customer traction [3][8][9]. Group 1: Market Performance - Since the launch of ChatGPT in late 2022, shares of the Roundhill Generative AI & Technology ETF and the Invesco QQQ Trust have increased by 137% and 84% respectively, significantly outperforming the S&P 500 [1]. - Quantum computing stocks, particularly IonQ, Rigetti Computing, and D-Wave Quantum, have surged over 1,000% since the onset of the AI revolution [6]. Group 2: Valuation Concerns - Current valuations of quantum computing stocks are compared to the dot-com bubble era, where companies had inflated price-to-sales (P/S) ratios without sustainable business models [11][13]. - Quantum computing pure plays are trading at P/S ratios significantly higher than those of leading companies during the dot-com bubble, which peaked at 31 to 51 for firms like Microsoft and Amazon [15]. Group 3: Industry Dynamics - The rise in quantum computing stock prices is largely attributed to speculative trading and hype in online forums, transforming these stocks into "meme stocks" [9]. - Despite significant investments in acquisitions and new technologies, companies like IonQ, Rigetti, and D-Wave have not achieved meaningful technological breakthroughs or substantial enterprise customer traction [8]. Group 4: Future Outlook - There is a belief that a correction in quantum computing stock prices is likely, with indications that insiders at D-Wave and Rigetti are selling shares, suggesting a lack of confidence in sustained high valuations [17][18]. - The expectation is that quantum computing stocks may experience a significant decline in 2026, with pure plays being particularly vulnerable [18].

Core Insights - D-Wave Quantum Inc. (NYSE:QBTS) has seen a significant increase in share prices, growing by 19.1% week-on-week, driven by investor optimism regarding its new business unit focused on government contracts [1][3] - The stock experienced a rally for three consecutive days following the announcement of the new subsidiary, but faced profit-taking that led to a decline of 6.02% on Friday [2] - The intra-week high for D-Wave Quantum was recorded at 27.4%, indicating strong market interest [3] Company Developments - The newly formed subsidiary will be led by Jack Sears Jr., who has extensive experience in government and public sector business [3] - Jack Sears Jr. will also join the executive team of D-Wave Quantum as the vice president for US government solutions [3] - CEO Alan Baratz emphasized the increasing need for quantum technologies to address complex national challenges, highlighting the strategic importance of the new business unit [4] Market Context - The formation of the subsidiary is part of a broader trend where the U.S. government seeks advanced problem-solving resources to tackle national security, defense, and infrastructure issues [4]

Core Insights - Rigetti Computing has seen a significant stock price increase of 855% this year, attracting substantial investments from major firms like American Assets Investment Management, Vanguard Group, and BlackRock [2][3] - Despite the stock's performance, Rigetti's business fundamentals are deteriorating, with a 43% decline in trailing-12-month revenue compared to 2022 and annual losses exceeding $350 million [6][5] Group 1: Stock Performance - Rigetti Computing's stock has risen 855% this year, outperforming other quantum computing stocks [2] - The stock is currently priced at $30.06, with a market capitalization of $9 billion [4][5] Group 2: Insider Buying - Major investment firms have increased their stakes in Rigetti, with American Assets holding 2.6%, Vanguard at 9.9%, and BlackRock at 6.4%, collectively controlling nearly 20% of the shares [3][2] - These firms began purchasing Rigetti stock earlier this year, indicating strong insider confidence despite the stock's high valuation [3] Group 3: Financial Performance - Rigetti's sales have decreased by 43% from 2022 levels, and the company has experienced a fivefold increase in annual losses over the past three years [6][5] - Analysts predict that Rigetti will continue to incur losses for at least the next five years, raising concerns about the sustainability of its stock price [6]