University of Kwazulu-Natal

Quantum Computing Stocks Ionq Rigetti And D Wave Poised For Msn

Bonisiwe Shabane
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quantum computing stocks ionq rigetti and d wave poised for msn

Flurry of activity from all three during the quarter helped drive revenue across the board Quantum computing firms D-Wave, IonQ, and Rigetti have announced their Q2 2025 earnings. Once again, all three companies reported net losses for the quarter, but remained bullish about their prospects, with IonQ increasing its full-year forecast off the back of this quarter's financial results. For the second quarter of 2025, D-Wave posted revenue of $3.1 million, a year-over-year (YoY) increase of 42 percent, but a significant decrease from the $15m the company recorded in the first quarter of... Bookings of $1.3m were up 92 percent from Q2 2024, but down on the $1.6m from Q1. Operating expenses for the quarter totaled $28.5m, an increase of $8.3m, or 41 percent YoY, while net losses came in at $167.3m, an increase of $149.5m from the same quarter in 2024.

D-Wave said the increased losses were primarily due to $142 million in non-cash, non-operating charges related to the remeasurement of the Company’s warrant liability, in addition to realized losses stemming from warrant exercises. In a statement posted alongside the results, D-Wave highlighted a number of notable achievements during the three-month period ending June 30, including the company’s sixth-generation quantum computer coming to market and the signing of... Pure-play quantum computing stocks got Wall Street's attention in 2025 as JPMorgan, Jefferies, Evercore ISI, Cantor Fitzgerald and Mizuho Securities initiated coverage on some companies while Barclays and Bank of America published in-depth reports... Heading into 2026, IonQ (IONQ) and D-Wave Quantum (QBTS) hold the most buy ratings along with the highest price targets on average… 9:00 AM ET The stock market fell to end a solid 2025. Palantir and Nvidia chipmaker Taiwan Semi were in focus.

Tesla deliveries... 9:00 AM ET The stock market fell to end a solid 2025. Palantir... Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! Get market updates, educational videos, webinars, and stock analysis. Pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc.

have soared by as much as 545% over the trailing year. Investors have been enamored with the sizable addressable opportunity that quantum computers bring to the table. Historical precedent paints a worrisome picture for quantum computing stocks in the new year. If you think artificial intelligence (AI) is the only hot trend on Wall Street, you haven't been paying close enough attention to the quantum computing revolution. Over the trailing year, shares of quantum computing pure-play stocks IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), D-Wave Quantum (NYSE: QBTS), and Quantum Computing Inc. (NASDAQ: QUBT) have rallied by 43%, 545%, 458%, and 67%, respectively.

For context, the growth-focused Nasdaq Composite has risen by closer to 19%. Quantum computing stocks are concluding 2025 with things the sector has lacked for years: real contracts, tangible revenue visibility, and real institutional attention. The next year may start with a two-track market. Public players like IonQ (IONQ - Free Report), D-Wave Quantum (QBTS - Free Report), and Rigetti Computing (RGTI - Free Report) have each signaled through earnings disclosures, customer pipeline commentary, and government-backed collaborations that... Meanwhile, Honeywell’s (HON - Free Report) recent $600 million funding round at a reported $10 billion valuation signals deep investor conviction and a likely path toward an IPO that would re-rate the sector. Going by a June 2025 McKinsey report, private and public investors are increasingly confident that quantum technology start-ups will generate measurable value.

In 2024, they poured nearly $2.0 billion into QT start-ups worldwide, a 50% increase compared to $1.3 billion in 2023. This momentum has likely accelerated significantly through 2025, reinforcing the sector’s shift toward commercially meaningful adoption. Together, these developments signal a new phase where the strength of real-world progress finally outweighs the hype around quantum computing. Quantum technology's next chapter is being written through real customer contracts, deployment timelines, engineering milestones, and a growing wave of government partnerships. Quantum Computing Companies' Earnings Overview: D-Wave Quantum, IonQ, and Rigetti Computing reported strong sales but significant losses in their second-quarter 2025 earnings, highlighting the industry's rapid growth yet ongoing struggle for profitability. Each company is investing heavily in R&D and strategic partnerships to advance their quantum technologies.

Financial Position and Future Prospects: Despite current losses, all three companies maintain substantial cash reserves—D-Wave with $819.3 million, IonQ with $1.6 billion, and Rigetti with $571.6 million—enabling them to pursue ambitious technology goals and... Quantum computing stocks are on fire, driven by a powerful combination of retail investor sentiment and strong government support, which is pushing the sector higher. One analyst is also going all in on quantum stocks. B. Riley analyst Craig Ellis raised his quantum sector price targets on Monday, noting that the industry's technological advancements and commercial achievements are moving faster than even the firm’s earlier optimistic outlooks. Read More: Snap Stock Goes Full Meme—Buyout Rumors Meet Retail’s Roar

Ellis highlighted IonQ, Inc. (NYSE:IONQ) as the revenue growth leader of the quantum sector with 100% growth in each of the last three years. The analyst pointed to the company's strategic acquisitions, particularly Oxford Ionics, as a massive improvement in computing power.

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