IonQ (NYSE:IONQ | IONQ Price Prediction) reports Q1 2026 results tomorrow after the close.
Quantum computing is about to get its biggest reality check of 2026. IonQ reports first-quarter results on Wednesday, May 6, after the close, while D-Wave Quantum follows on Tuesday, May 12, before the open.
A mid-April surge to nearly $22 a share was short-lived, and now D-Wave Quantum Inc. NYSE: QBTS is once again trending downward, as it has for much of the year so far.
IBM stands to gain as a new U.S. quantum bill shifts focus to commercialization, funding clarity, and real-world deployment starting as early as 2026.
RGTI's strong cash position and low debt provide runway to fund quantum innovation, though losses persist and revenue remains limited.
SEALSQ is maintained at a cautious Buy, anchored by a robust $525M cash position and zero debt, providing industry-leading runway. FY25 revenue reached $18.3M, driven by the IC'Alps acquisition, with Q1 FY26 revenue expected to exceed $4M or over 100% YoY growth. LAES trades at a steep discount to peers, with ~$2.35 cash per share and an EV/FY25 sales multiple of ~7.2x, compressing to 4.8x on forward guidance.
Quantum ETFs like QTUM and CHPX are gaining momentum on breakthroughs, funding surge and commercialization hopes.
QuantumScape Corp (NASDAQ:QS) stock is down 1.9% to trade at $7.05 at last check, a far cry from its Oct. 15, four-year high of $19.07.
First Quantum Minerals (FQVLF) is positioned for upside if Cobre Panamá restarts, with government support signaling potential resolution by June 2026. Reprocessing 38M tons of stockpile could yield $270M–$310M incremental EBITDA, reversing a $190M cash burn and boosting 2025 EBITDA by 27%. Zambia operations, especially the S3 expansion at Kansanshi Mine, provide additional growth catalysts with 84,000 tons of new copper capacity expected in 2026.
Despite the recent dip in its share price, D-Wave's stock is up 245% in the past 12 months. The cash position and bookings for this quantum computing company are at all-time highs.
RGTI reports up to 99.9% two-qubit gate fidelity at 28 ns speeds while advancing a chiplet-based design to enable scalable quantum systems.
MSFT and IBM ride AI-quantum momentum as hyperscalers pour billions into infrastructure, with analysts seeing up to 38% upside amid rising demand.