IBM has already deployed dozens of electron-driven quantum systems. IonQ's “trapped ion” systems could be even cheaper, more scalable, and more accurate.
For a long time, it wasn't clear what business mission Quantum Computing, which emerged from a SPAC, was pursuing. So I struggled to embrace the stock. However, after c-suite turnover that led to Dr. Yuping Huang, a well-known photonics expert, becoming CEO, the mission has become clear. With photonics, light rather than electricity makes things happen. Room temperature operation and smaller form factors make photonics appealing.
D-Wave Quantum isn't pursuing a general-purpose quantum computer. The stock is a risky investment.
IonQ's technique gives it a leg up on other competitors in the accuracy realm. D-Wave Quantum is taking a more specialized approach.
Quantum computing nears commercialization in 2026 as IonQ, D-Wave and Rigetti scale revenues, expand pipelines and push new qubit systems.
Quantum computing stocks as a class have beaten the market over the last year. Nvidia is quietly integrating some of its core product lines into quantum computing systems.
D-Wave Quantum is a speculative Buy, leveraging a unique dual-platform strategy post-Quantum Circuits acquisition, with genuine, diversified commercial revenue. QBTS reported FY2025 revenue of $24.6M (+179% Y/Y), strong gross margins (82.6%), and a robust bookings pipeline, despite lumpy, front-loaded results. The $550M Quantum Circuits acquisition accelerates QBTS's addressable market, combining annealing and gate-model quantum computing for broader commercial and defense applications.
UBS analysts have upgraded First Quantum Minerals (TSX:FM) to ‘Buy' from ‘Neutral,' citing improving risk-reward dynamics and the anticipated restart of the Cobre Panama (CP) copper mine, located in Panama. The investment bank also raised its 12-month price target to C$50 per share, up from C$38, and above current levels of about $34.
The company sees ways to integrate quantum processors with CPUs and GPUs in modern supercomputers — years before large-scale quantum computers have their moment
QUBT boosts its quantum and photonics push with NuCrypt and Luminar Semiconductor acquisitions, expanding IP, enabling vertical integration and strengthening revenue visibility.
Infleqtion's neutral atom technology could be a differentiating strategy. Despite its recent listing, the company has seen commercial traction with its quantum clocks and sensors via partnerships with NASA, DoD, Nvidia, and the UK government. INFQ reported $29M trailing twelve-month revenue as of June 2025 & expects $50M booked business year-end. It targets 30 logical qubits for its Sqale Computer by 2026, 1000 by 2030.
RGTI reports up to 99.9% two-qubit gate fidelity at 28-ns speed and advances chiplet architecture for scalable quantum systems.