Stocks in the quantum computing industry went all over the place in March. According to data from S&P Global Market Intelligence, D-Wave Quantum (QBTS 2.16%) rose 38.7%, and Quantum Computing (QUBT 5.28%) gained 31.9%.
Quantum computing is becoming the next big technology to hit the markets, and there are all sorts of ways investors can take advantage of this trend. While there are multiple pure-play quantum computing investments available, those are incredibly risky, as they already have premium valuations despite a high chance of not working out.
Investors may see a disconnect between the headlines that D-Wave Quantum Inc. NYSE: QBTS has generated and its share price performance in recent weeks. The quantum computing firm came out with two seemingly significant technological updates so far in 2025—first, a report that it had achieved quantum supremacy for the first time, and second, a breakthrough in quantum blockchain technology.
Over the past year, a new subsector of artificial intelligence (AI) stocks started receiving intense investment interest. As a result, these companies saw parabolic rises in their stock price seemingly out of nowhere.
Quantinuum was valued at $5 billion after its latest equity fundraise in 2024.
Quantum computing stocks aren't in style on Wall Street like they were three months ago. With questions circling the U.S. economy about how it will fare with tariffs, investors are looking for safer places to stash their money.
Stocks in the quantum computing sector soared in 2024. One of the leaders was IonQ (IONQ -3.95%) with a massive 237% gain.
Quantum???s Myriad and ActiveScale see strong demand, and DXi gains traction, but high debt and stiff competition remain key concerns.
Artificial intelligence (AI) has been a game-changing growth driver for more than two years now. More recently, investors have embraced quantum computing as the Next Big Thing with wealth-building promise.
In 1999, a small graphics chipmaker called Nvidia (NASDAQ: NVDA) went public at $12 per share. Today, that same company stands as the world's most valuable semiconductor giant.
I am initiating a 'Buy' rating on D-Wave Quantum with a fair value of $11 per share due to its superior technology and potential in crypto mining. D-Wave's quantum computing technology could significantly reduce energy costs in cryptocurrency mining, accelerating the commercialization of quantum computers. The company's annealing and gate-model quantum computers provide unique advantages, with strong commercial applications and growing customer interest.
The quantum computing sector is experiencing a surge of excitement reminiscent of the early stages of many transformative technologies. However, this exuberance is tempered by the lack of widespread practical applications, creating a speculative environment similar to historical technological revolutions.