2 days ago
The quantum computing race is accelerating as firms move from theoretical models to functional hardware. Is IonQ (NYSE:IONQ) or Rigetti Computing (NASDAQ:RGTI) the better buy for your portfolio in 2026?
Both companies represent a high-stakes bet on the future of high-performance computing. IonQ focuses on trapped-ion technology to build its systems, while Rigetti specializes in superconducting processors. This comparison evaluates their financial health, strategic growth, and unique risks to help you decide which stock is a more compelling opportunity today.
IonQ develops trapped-ion quantum computers and offers cloud access to government, enterprise, and research customers. The company recently completed the acquisition of SkyWater Technology, establishing a domestic semiconductor foundry to bolster its infrastructure. Customer concentration like this adds a layer of risk to the business, as revenue heavily depends on a few government entities and cloud partnerships.
In FY 2025, revenue reached nearly $130.0 million, which was a 201.9% increase from the roughly $43.1 million reported in FY 2024. Despite this top-line surge, the company reported a net loss of approximately $510.4 million. The net margin was roughly -392.6%, which measures what percentage of each dollar earned as revenue remains after accounting for all expenses.
As of its December 2025 balance sheet, the debt-to-equity ratio was 0.0x, meaning total debt is zero relative to shareholder equity. The current ratio, which measures the ability to cover short-term liabilities with short-term ***** ets, was roughly 15.5x. Free cash flow was negative $299.6 million, representing cash from operations minus capital expenditures for the fiscal year.
#ionq #revenue #technology #trapped
Both companies represent a high-stakes bet on the future of high-performance computing. IonQ focuses on trapped-ion technology to build its systems, while Rigetti specializes in superconducting processors. This comparison evaluates their financial health, strategic growth, and unique risks to help you decide which stock is a more compelling opportunity today.
IonQ develops trapped-ion quantum computers and offers cloud access to government, enterprise, and research customers. The company recently completed the acquisition of SkyWater Technology, establishing a domestic semiconductor foundry to bolster its infrastructure. Customer concentration like this adds a layer of risk to the business, as revenue heavily depends on a few government entities and cloud partnerships.
In FY 2025, revenue reached nearly $130.0 million, which was a 201.9% increase from the roughly $43.1 million reported in FY 2024. Despite this top-line surge, the company reported a net loss of approximately $510.4 million. The net margin was roughly -392.6%, which measures what percentage of each dollar earned as revenue remains after accounting for all expenses.
As of its December 2025 balance sheet, the debt-to-equity ratio was 0.0x, meaning total debt is zero relative to shareholder equity. The current ratio, which measures the ability to cover short-term liabilities with short-term ***** ets, was roughly 15.5x. Free cash flow was negative $299.6 million, representing cash from operations minus capital expenditures for the fiscal year.
#ionq #revenue #technology #trapped
9 days ago
Quantum computing has been a white-hot industry for investors, but who's actually winning the quantum computing race?
The answer depends on what you mean by "winning." If you're asking which company has made the most progress commercially, I think the answer is fairly straightforward: IonQ. But it's still early innings.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If you're asking who will build the first truly useful quantum computer, that's a much more interesting question, and the truth is, it's much too early to tell that just yet.
Let's take a look at both IonQ and Rigetti Computing.
#signal
The answer depends on what you mean by "winning." If you're asking which company has made the most progress commercially, I think the answer is fairly straightforward: IonQ. But it's still early innings.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If you're asking who will build the first truly useful quantum computer, that's a much more interesting question, and the truth is, it's much too early to tell that just yet.
Let's take a look at both IonQ and Rigetti Computing.
#signal
13 days ago
While artificial intelligence (AI) has been the buzz of Wall Street over the last two years, it's not the only trend responsible for lifting the market's major stock indexes to new heights. Investor hype surrounding quantum computing deserves its fair share of credit.
Investors who had the foresight and luck to invest in pure-play quantum computing leaders IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) in mid-July 2024 are sitting on potentially life-altering gains. Shares of IonQ have more than quadrupled, while shares of Rigetti and D-Wave have skyrocketed by nearly 1,200% and 1,500%, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Professional and everyday investors are excited about the real-world applications of quantum computers, which include dramatically accelerating the learning curve for AI-driven large language models.
But this next-big-thing technology may not be all that it's cracked up to be -- at least according to the individuals who know IonQ, Rigetti Computing, and D-Wave Quantum best.
#computing
Investors who had the foresight and luck to invest in pure-play quantum computing leaders IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) in mid-July 2024 are sitting on potentially life-altering gains. Shares of IonQ have more than quadrupled, while shares of Rigetti and D-Wave have skyrocketed by nearly 1,200% and 1,500%, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Professional and everyday investors are excited about the real-world applications of quantum computers, which include dramatically accelerating the learning curve for AI-driven large language models.
But this next-big-thing technology may not be all that it's cracked up to be -- at least according to the individuals who know IonQ, Rigetti Computing, and D-Wave Quantum best.
#computing
22 days ago
IONQ tumbled 8% while QBTS, RGTI, and QUBT declined 6% as Strait of Hormuz tensions and an oil spike triggered broad risk-off selling across quantum stocks.
With the NASDAQ 100 tracking QQQ ETF down 1.48%, the QTUM ETF's diversified model limited its drop to just 2.42%, which is far less than the 6% to 8% losses seen in some pure-play quantum names.
IonQ's 103x P/E ratio and beta of 3.23 amplify its losses on macro sell-off days, despite a 755% year-over-year revenue surge in Q1.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and IonQ didn't make the cut. Grab the names FREE today.
Quantum computing stocks are the sharpest casualties in Monday morning trading, with the group selling off in unison even though there is no company-specific news driving the move. IonQ (NYSE:IONQ) stock is leading the decline, down 8% to $39.52 and extending a rough stretch that has already carried the shares 31% lower over the past month.
With the NASDAQ 100 tracking QQQ ETF down 1.48%, the QTUM ETF's diversified model limited its drop to just 2.42%, which is far less than the 6% to 8% losses seen in some pure-play quantum names.
IonQ's 103x P/E ratio and beta of 3.23 amplify its losses on macro sell-off days, despite a 755% year-over-year revenue surge in Q1.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and IonQ didn't make the cut. Grab the names FREE today.
Quantum computing stocks are the sharpest casualties in Monday morning trading, with the group selling off in unison even though there is no company-specific news driving the move. IonQ (NYSE:IONQ) stock is leading the decline, down 8% to $39.52 and extending a rough stretch that has already carried the shares 31% lower over the past month.
28 days ago
Over the past year, quantum computing stocks have emerged as a compelling complement to mainstream opportunities in the artificial intelligence (AI) ecosystem. While classical AI systems have demonstrated impressive capabilities in pattern recognition and generative tasks, many high-value problems remain computationally strained.
Quantum machines leverage properties known as superposition and entanglement to better explore solutions in more sophisticated applications. This opens the door to hybrid quantum-classical environments that could usher in waves of better data, tighter constraints, and new algorithms for AI.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
According to an **** ysis by management consulting firm McKinsey & Company, quantum AI could generate between $1.3 trillion and $2.7 trillion in economic value by 2035. McKinsey sees quantum computing playing a critical role across energy and materials, pharmaceuticals, financial services, and travel and logistics, as well as advanced electronics and defense systems.
In my view, three companies stand out in the quantum AI arena for distinct reasons: Nvidia (NASDAQ: NVDA), IonQ (NYSE: IONQ), and Quantinuum (NASDAQ: QNT). Let's dig into how each of these companies is involved with quantum computing and **** s their respective investment profiles.
Quantum machines leverage properties known as superposition and entanglement to better explore solutions in more sophisticated applications. This opens the door to hybrid quantum-classical environments that could usher in waves of better data, tighter constraints, and new algorithms for AI.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
According to an **** ysis by management consulting firm McKinsey & Company, quantum AI could generate between $1.3 trillion and $2.7 trillion in economic value by 2035. McKinsey sees quantum computing playing a critical role across energy and materials, pharmaceuticals, financial services, and travel and logistics, as well as advanced electronics and defense systems.
In my view, three companies stand out in the quantum AI arena for distinct reasons: Nvidia (NASDAQ: NVDA), IonQ (NYSE: IONQ), and Quantinuum (NASDAQ: QNT). Let's dig into how each of these companies is involved with quantum computing and **** s their respective investment profiles.
1 month ago
SkyWater Technology, Inc. (NASDAQ:SKYT) is one of the Best Small-Cap Semiconductor Stocks to Buy Right Now. SkyWater Technology, Inc. (NASDAQ:SKYT) has gained more than 89% over the past 6-months. The gains have been driven by the company's strong revenue growth in fiscal 2025 and the pending merger with IonQ, expected to be closed in the second or third quarter of 2026.
Last month, on May 8, the company announced that its shareholders approved the company's merger agreement with IonQ, clearing a key milestone in the acquisition process. Final voting results will be filed with the SEC. Under the terms, SkyWater shareholders will receive $35.00 per share, comprising $15.00 in cash and a stock component tied to IonQ's trading price within a defined collar range.
According to a bullish thesis on the stock by The Mispricing Desk's Substack, SKYT still trades at a small discount to the $35 mark. This reflects timing uncertainty around regulatory clearance and short-term volatility in IonQ's share price, which affects the stock portion of the deal. ***** ysts view this as a structural and timing risk rather than any fundamental concern about the deal itself.
SkyWater Technology Inc. (NASDAQ:SKYT) is a U.S.-based semiconductor foundry specializing in advanced semiconductor development, manufacturing, and packaging services for integrated circuits. The company offers a unique, pure-play technology foundry model through its Technology-as-a-Service (TaaS) approach. SkyWater provides a range of services, including custom semiconductor design, fabrication, and packaging, serving sectors such as aerospace, defense, automotive, and industrial applications.
While we acknowledge the potential of SKYT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Last month, on May 8, the company announced that its shareholders approved the company's merger agreement with IonQ, clearing a key milestone in the acquisition process. Final voting results will be filed with the SEC. Under the terms, SkyWater shareholders will receive $35.00 per share, comprising $15.00 in cash and a stock component tied to IonQ's trading price within a defined collar range.
According to a bullish thesis on the stock by The Mispricing Desk's Substack, SKYT still trades at a small discount to the $35 mark. This reflects timing uncertainty around regulatory clearance and short-term volatility in IonQ's share price, which affects the stock portion of the deal. ***** ysts view this as a structural and timing risk rather than any fundamental concern about the deal itself.
SkyWater Technology Inc. (NASDAQ:SKYT) is a U.S.-based semiconductor foundry specializing in advanced semiconductor development, manufacturing, and packaging services for integrated circuits. The company offers a unique, pure-play technology foundry model through its Technology-as-a-Service (TaaS) approach. SkyWater provides a range of services, including custom semiconductor design, fabrication, and packaging, serving sectors such as aerospace, defense, automotive, and industrial applications.
While we acknowledge the potential of SKYT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
2 months ago
Quantinuum (QNT) stock is expected to start trading on Thursday after the Honeywell International-controlled (HON) company launches its initial public offering. The number of quantum computing stocks continues to increase, although the companies are still unprofitable as they aim to commercialize the technology.
Broomfield, Colo.-based Quantinuum raised $1.68 billion in an upsized IPO. The company priced 28 million shares at $60, up from initial plans to sell about price shares for $45 to $50. The IPO puts Quantinuum's valuation at $15.6 billion.
IonQ (IONQ) currently has the highest valuation among quantum computing stocks at around $25.5 billion, with D-Wave Quantum (QBTS) at $10.2 billion.
According to Quantinuum's S-1 filing, the company's net revenue rose nearly 35% in 2025 to $30.9 million. The company's net loss rose to $192.5 million, up from $144 million a year earlier.
In 2021, Honeywell merged its Quantum Solutions business with Cambridge Quantum, forming Quantinuum.
Broomfield, Colo.-based Quantinuum raised $1.68 billion in an upsized IPO. The company priced 28 million shares at $60, up from initial plans to sell about price shares for $45 to $50. The IPO puts Quantinuum's valuation at $15.6 billion.
IonQ (IONQ) currently has the highest valuation among quantum computing stocks at around $25.5 billion, with D-Wave Quantum (QBTS) at $10.2 billion.
According to Quantinuum's S-1 filing, the company's net revenue rose nearly 35% in 2025 to $30.9 million. The company's net loss rose to $192.5 million, up from $144 million a year earlier.
In 2021, Honeywell merged its Quantum Solutions business with Cambridge Quantum, forming Quantinuum.
