IonQ, Inc. (NYSE:IONQ) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 7, Cantor Fitzgerald lifted the price target on the company’s stock to $70 from $60 while keeping an “Overweight” rating after the Q3 2025 earnings report, as reported by The Fly. As per the firm, IonQ, Inc. (NYSE:IONQ) is in the very early innings of commercializing its technology. Cantor Fitzgerald Raises PT on IonQ (IONQ) Stock Furthermore, the company remains well-placed to capture 30% of the quantu ...

Core Insights - IBM's stock surged nearly 8% following a significant announcement regarding its advancements in quantum computing, particularly its ability to run quantum error-correction algorithms on standard AMD chips, which reduces costs and complexity in scaling quantum systems [1][2] - The collaboration with AMD is expected to accelerate IBM's goal of delivering a large-scale, fault-tolerant quantum computer by 2029, making quantum systems more accessible and cost-effective [2][6] Quantum Computing Developments - IBM's quantum computing hardware has shown progress, with recent demonstrations using its Heron processor featuring 77 qubits to simulate complex molecular structures, achieving results beyond traditional computers [4] - The partnership with AMD allows IBM to utilize field-programmable gate array chips instead of expensive GPU clusters, enhancing the feasibility of deploying quantum systems [2][6] Competitive Landscape - Major tech companies, including Google and Microsoft, are also investing in quantum computing, with Google launching its Willow chip and Microsoft introducing its first quantum processor [5] - Google has indicated that significant breakthroughs in quantum technology could occur within five years, highlighting the competitive nature of the industry [5] Financial Performance - IBM reported its strongest quarterly performance in years, with third-quarter revenue growth accelerating to 7%, exceeding consensus estimates across key metrics [7] - The company has raised its full-year guidance, now expecting revenue growth above 5% and free cash flow of approximately $14 billion for the full year [7]

This fast-growing industry is expected to be worth $100 billion in 10 years.Quantum computing is starting to gain attention. It's a fast-growing market that McKinsey & Co expects to be worth $100 billion in 10 years. And one no-brainer quantum computing stock worth taking a bet on just hit new all-time highs.IonQ (IONQ -8.53%) stock is up 75% year to date. While dozens of analysts cover each of the Magnificent Seven, only five analysts cover this leading quantum computing company. The stock's outperformance ...

Core Insights - IonQ's shares have increased by 5.8%, trading at $58.81, following positive analyst notes and a successful Analyst Day presentation [1] - The stock reached a new all-time high of $59.16, marking a 658.8% year-over-year increase [2] - A short squeeze may support the stock's upward momentum, with short interest rising by 27% [3] Analyst Ratings - Needham Securities raised its price target for IonQ from $60 to $80 [1] - B. Riley Securities increased its price target from $61 to $75 [1] Market Activity - IonQ's stock is experiencing heightened activity in options trading, with 73,000 calls and 34,000 puts traded, which is double the usual volume [5] - The most popular options contract is the monthly 60-call strike [5] Sentiment Analysis - Despite recent gains, long-term sentiment remains bearish, indicated by a high put/call volume ratio of 2.53 [4] - An unwinding of bearish bets could potentially drive IonQ's stock price higher [4]

Group 1 - IonQ has appointed Marco Pistoia, former head of applied research at JPMorgan Chase, as senior vice president of industry relations to assist corporate clients in adopting quantum technology [1] - JPMorgan has recently restructured its research group, which focused on quantum computing and advanced technologies, indicating a shift in strategy within the largest U.S. bank by assets [2] - IonQ is recognized as a significant player in the pure-play quantum computing sector, alongside competitors like Rigetti Computing and D-Wave, with shares experiencing substantial growth due to increasing interest in the field [3] Group 2 - In his new role, Pistoia will report directly to IonQ CEO Niccolo de Masi and will concentrate on facilitating the adoption of quantum computing and quantum-safe encryption for corporations [3]

Core Viewpoint - Rigetti Computing has experienced a significant stock price increase of over 1,000% in the past year, attracting attention from Wall Street, particularly after Cantor Fitzgerald analyst Troy Jensen initiated coverage with an Overweight rating and a $15 price target [1][2]. Group 1: Market Position and Competitors - Rigetti is competing with major technology firms such as Alphabet Inc, IBM, Intel, and Microsoft, but the presence of these industry leaders is expected to facilitate advancements in quantum capabilities, benefiting Rigetti [3]. - The analyst highlighted that superconducting technology has received the most investment among the primary technologies capable of achieving quantum status [2]. Group 2: Strategic Partnerships - Rigetti's partnership with Quanta Computer is seen as a strategic move to accelerate the development and commercialization of superconducting quantum computing, with both companies committing to invest at least $250 million over five years [4]. - Quanta's investment of $35 million in Rigetti through a stock purchase in April is part of this collaboration, allowing Rigetti to focus on quantum technology while Quanta handles packaging and manufacturing [5]. Group 3: Financial Projections and Market Potential - Jensen projects that Rigetti could capture 15% of the quantum hardware, software, and services market by 2035, translating to a revenue present value of $477 million at a 10% discount rate [6]. - The analyst anticipates second-quarter revenue of $1.8 million and an EPS of $(0.06) for Rigetti [6]. - Despite a 22% year-to-date correction in Rigetti's stock price, this is viewed as an opportunity for investors to accumulate shares [6]. Group 4: Recent Stock Performance - Rigetti's stock price was reported at $12.52, reflecting a 10.4% increase as of the latest check [7].

Group 1: Industry Overview - Quantum computing is attracting significant investor interest, with the market potentially worth up to $170 billion by 2040 according to Boston Consulting Group [3] - The mass adoption of quantum computing remains speculative, with limited practical applications currently available [4][5] Group 2: Company Performance - Rigetti Computing's revenue has declined, reporting $1.5 million in the first quarter, down nearly 52% year-over-year [6] - The company's full-year 2024 revenue is projected at $10.8 million, a decrease of 10% from the previous year [7] - Rigetti's management indicated that significant commercial sales are not expected for another three to five years [7] Group 3: Financial Position - Rigetti has $237.7 million in cash and cash equivalents, providing operational runway despite declining sales [8] Group 4: Stock Valuation - Rigetti's shares have a price-to-sales multiple of 197, indicating a high valuation relative to its sales [9] - The stock has risen over 800% in the past year, leading to concerns about its sustainability given the current sales decline [9][10]