Analysis of Potential Stocks in Quantum Computing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Should l Buy IONQ?
Source: Fool
- IonQ's Market Leadership: IonQ (IONQ) has seen a 14.98% increase, with a current price of $4.56 and a market cap of $12 billion, leveraging its unique trapped ion qubit technology to significantly reduce error rates, which, despite slower processing speeds, positions it well for launching a commercially viable product and enhancing its competitive edge.
- D-Wave's Unique Strategy: D-Wave Quantum (QBTS) has risen by 20.19%, with a current price of $3.48 and a market cap of $7.7 billion, focusing on quantum annealing technology to address optimization problems, which may carve out a niche market opportunity despite competition from general-purpose quantum computers.
- High-Risk, High-Reward Investment Landscape: While both IonQ and D-Wave have the potential for substantial returns, the intense competition in the quantum computing sector poses risks of bankruptcy or acquisition for many firms, necessitating careful risk-reward assessments by investors.
- Alternative Quantum Computing ETF: For investors wary of individual stock risks, considering a quantum computing ETF could provide broad exposure to nearly all publicly traded companies in the sector, offering potentially significant returns as useful quantum computing systems are developed, albeit likely lower than direct investments in IonQ or D-Wave.
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Analyst Views on IONQ
Wall Street analysts forecast IONQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IONQ is 75.91 USD with a low forecast of 47.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 30.430
Low
47.00
Averages
75.91
High
100.00
Current: 30.430
Low
47.00
Averages
75.91
High
100.00
About IONQ
IonQ, Inc. is engaged in the quantum computing and networking industry, delivering high-performance systems capable of solving complex commercial and research use cases. Its generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are cutting-edge systems, boasting 36 algorithmic qubits. It sells specialized quantum computing and networking hardware together with related maintenance and support. It also sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. It makes access to its quantum computers available via three cloud platforms, Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via its own cloud service. Its product portfolio also includes quantum key distribution (QKD) systems, quantum random number generators (QRNGs), and single-photon detectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
IonQ Rapidly Expands Quantum Computing Technology Through Strategic Acquisitions
- Significant Revenue Growth: IonQ's third-quarter sales surged 222% year-over-year to $39.9 million, despite the company facing a net loss exceeding $1 billion, indicating both potential and challenges in the quantum computing market.
- Acquisitions Enhance Capabilities: IonQ bolstered its quantum computing platform through acquisitions like Skyloom and SkyWater Technology, particularly improving its capabilities in quantum chip manufacturing and network construction to address quantum data transmission challenges.
- Rising Operating Costs: Despite revenue growth, IonQ's operating expenses soared to $208.7 million in Q3, resulting in an operating loss of $168.8 million, highlighting the financial pressures stemming from its expansion efforts.
- Strong Cash Flow: As of November 4, IonQ reported $3.5 billion in cash and equivalents with no debt, providing a solid financial foundation for future R&D and market expansion, even as its stock fell 14% year-to-date in early 2026.
See More
IonQ's Quantum Computing Potential Sparks Investor Interest
- Technological Integration Advantage: IonQ has strengthened its vertically integrated quantum computing platform through acquisitions like Skyloom and SkyWater Technology, enhancing its quantum chip manufacturing capabilities and network scalability, thereby laying the groundwork for future quantum applications.
- Significant Revenue Growth: IonQ's revenue surged 222% year-over-year to $39.9 million in Q3, indicating strong market demand for its quantum technology, despite facing challenges with soaring operating expenses that resulted in an operating loss of $168.8 million.
- Robust Financial Position: Although IonQ faces substantial losses in 2026 with a net loss of $1.1 billion, it boasts $3.5 billion in cash and equivalents with no debt, ensuring continued investment capacity in research and development.
- Market Opportunity Emerges: The decline in IonQ's stock price presents a buying opportunity for investors, with projected sales between $106 million and $110 million for 2025, highlighting the company's long-term growth potential in the quantum computing sector, even as its current valuation remains high.
See More
Analysis of Rigetti Quantum Computing Stock Outlook
- Market Performance Review: Rigetti Computing's stock has risen by 17.96% over the past year, yet it is currently trading over 60% below its 2025 peak, indicating investor concerns about its future prospects and the need for careful risk assessment.
- Technical Competition Analysis: Rigetti's 108-qubit system boasts impressive gate speeds of 50-70 nanoseconds; however, its median two-qubit gate fidelity of 99% lags behind competitors like IonQ, which achieves 99.99%, highlighting the urgent need for technological improvements.
- Future Development Goals: Rigetti aims to develop a 1,000-qubit system by 2027 with a target fidelity of 99.7%, but this still falls short compared to IonQ's ambitions, and the commercial viability threshold remains at 1 million qubits and 99.99% fidelity.
- Investor Recommendations: While the quantum computing market is projected to reach $72 billion by 2030, Rigetti could become a significant player if it captures market share; however, due to its speculative nature, investors are advised to adopt a small stake strategy to mitigate risks.
See More
Rigetti Quantum Computing Faces Significant Challenges
- Intensifying Market Competition: Rigetti Computing is competing in the quantum computing space against tech giants like Google and IBM, with its 108-qubit system achieving gate speeds of 50-70 nanoseconds but only 99% accuracy, significantly lower than rival IonQ's 99.99%, threatening its market competitiveness.
- Future Development Goals: Rigetti aims to develop a system with 1,000 qubits by 2027, targeting 99.7% two-qubit gate fidelity; however, this appears conservative compared to IonQ's ambition to achieve 10,000 qubits in the same timeframe.
- Investment Risk Warning: Despite the quantum computing market being projected to reach $72 billion by 2030, Rigetti's stock has fallen over 60% from its 2025 peak, and it has given back all gains made in 2026, indicating high investment risk suitable only for risk-tolerant investors.
- Uncertain Market Outlook: If Rigetti can achieve large-scale quantum computing in the future, it may secure a position in the rapidly evolving quantum computing market, but there is currently no clear path or timeline, necessitating cautious evaluation of potential returns against risks for investors.
See More
Quantum Computing Industry Holds Massive Potential
- Market Potential Forecast: According to McKinsey, by 2035, the quantum computing market could generate annual revenues between $28 billion and $72 billion, with a 90% market share potentially leading to $45 billion in revenue for a leading company, highlighting significant market opportunities.
- Divergent Technology Paths: IonQ employs a trapped ion approach using lasers to cool atoms for quantum computing, while D-Wave utilizes quantum annealing focused on optimizing complex problem solutions, with both technologies offering unique advantages that could shape future market dynamics.
- Investment Return Potential: If either D-Wave or IonQ achieves $45 billion in annual revenue, their market caps could soar to $400 billion, translating to a potential gain of 5,233% for D-Wave and 2,885% for IonQ, indicating the high returns possible from investing in these companies.
- Risks and Opportunities: Despite the optimistic outlook for quantum computing, the path to success is fraught with challenges, and investors should carefully manage their positions; even a 1% initial investment could yield over 2,000% returns in the future, becoming a significant driver of portfolio gains.
See More
Investment Potential and Risks in Quantum Computing
- Massive Market Potential: McKinsey projects that by 2035, the quantum computing market could generate annual revenues between $28 billion and $72 billion, and if either IonQ or D-Wave captures a 90% market share, it could lead to $45 billion in annual revenue, highlighting significant investment upside.
- Diverse Technological Approaches: IonQ employs a trapped ion method that uses lasers to cool atoms for quantum computing, while D-Wave focuses on quantum annealing to solve optimization and sampling problems, indicating that the future market competition will hinge on the maturity of these technologies.
- Significant Investment Risks: Although both companies could potentially deliver over 1,000% returns, the nascent stage of quantum computing and intense competition necessitate caution, with a recommendation for investors to limit initial positions to 1% of their portfolios to mitigate risks.
- Intense Market Competition: The success of IonQ and D-Wave in the quantum computing sector is not guaranteed, as other competitors exist, prompting investors to stay informed about industry developments to adjust their investment strategies accordingly.
See More
IonQ Rapidly Expands Quantum Computing Technology Through Strategic Acquisitions
- Significant Revenue Growth: IonQ's third-quarter sales surged 222% year-over-year to $39.9 million, despite the company facing a net loss exceeding $1 billion, indicating both potential and challenges in the quantum computing market.
- Acquisitions Enhance Capabilities: IonQ bolstered its quantum computing platform through acquisitions like Skyloom and SkyWater Technology, particularly improving its capabilities in quantum chip manufacturing and network construction to address quantum data transmission challenges.
- Rising Operating Costs: Despite revenue growth, IonQ's operating expenses soared to $208.7 million in Q3, resulting in an operating loss of $168.8 million, highlighting the financial pressures stemming from its expansion efforts.
- Strong Cash Flow: As of November 4, IonQ reported $3.5 billion in cash and equivalents with no debt, providing a solid financial foundation for future R&D and market expansion, even as its stock fell 14% year-to-date in early 2026.
See More
IonQ's Quantum Computing Potential Sparks Investor Interest
- Technological Integration Advantage: IonQ has strengthened its vertically integrated quantum computing platform through acquisitions like Skyloom and SkyWater Technology, enhancing its quantum chip manufacturing capabilities and network scalability, thereby laying the groundwork for future quantum applications.
- Significant Revenue Growth: IonQ's revenue surged 222% year-over-year to $39.9 million in Q3, indicating strong market demand for its quantum technology, despite facing challenges with soaring operating expenses that resulted in an operating loss of $168.8 million.
- Robust Financial Position: Although IonQ faces substantial losses in 2026 with a net loss of $1.1 billion, it boasts $3.5 billion in cash and equivalents with no debt, ensuring continued investment capacity in research and development.
- Market Opportunity Emerges: The decline in IonQ's stock price presents a buying opportunity for investors, with projected sales between $106 million and $110 million for 2025, highlighting the company's long-term growth potential in the quantum computing sector, even as its current valuation remains high.
See More
Analysis of Rigetti Quantum Computing Stock Outlook
- Market Performance Review: Rigetti Computing's stock has risen by 17.96% over the past year, yet it is currently trading over 60% below its 2025 peak, indicating investor concerns about its future prospects and the need for careful risk assessment.
- Technical Competition Analysis: Rigetti's 108-qubit system boasts impressive gate speeds of 50-70 nanoseconds; however, its median two-qubit gate fidelity of 99% lags behind competitors like IonQ, which achieves 99.99%, highlighting the urgent need for technological improvements.
- Future Development Goals: Rigetti aims to develop a 1,000-qubit system by 2027 with a target fidelity of 99.7%, but this still falls short compared to IonQ's ambitions, and the commercial viability threshold remains at 1 million qubits and 99.99% fidelity.
- Investor Recommendations: While the quantum computing market is projected to reach $72 billion by 2030, Rigetti could become a significant player if it captures market share; however, due to its speculative nature, investors are advised to adopt a small stake strategy to mitigate risks.
See More
Rigetti Quantum Computing Faces Significant Challenges
- Intensifying Market Competition: Rigetti Computing is competing in the quantum computing space against tech giants like Google and IBM, with its 108-qubit system achieving gate speeds of 50-70 nanoseconds but only 99% accuracy, significantly lower than rival IonQ's 99.99%, threatening its market competitiveness.
- Future Development Goals: Rigetti aims to develop a system with 1,000 qubits by 2027, targeting 99.7% two-qubit gate fidelity; however, this appears conservative compared to IonQ's ambition to achieve 10,000 qubits in the same timeframe.
- Investment Risk Warning: Despite the quantum computing market being projected to reach $72 billion by 2030, Rigetti's stock has fallen over 60% from its 2025 peak, and it has given back all gains made in 2026, indicating high investment risk suitable only for risk-tolerant investors.
- Uncertain Market Outlook: If Rigetti can achieve large-scale quantum computing in the future, it may secure a position in the rapidly evolving quantum computing market, but there is currently no clear path or timeline, necessitating cautious evaluation of potential returns against risks for investors.
See More
Quantum Computing Industry Holds Massive Potential
- Market Potential Forecast: According to McKinsey, by 2035, the quantum computing market could generate annual revenues between $28 billion and $72 billion, with a 90% market share potentially leading to $45 billion in revenue for a leading company, highlighting significant market opportunities.
- Divergent Technology Paths: IonQ employs a trapped ion approach using lasers to cool atoms for quantum computing, while D-Wave utilizes quantum annealing focused on optimizing complex problem solutions, with both technologies offering unique advantages that could shape future market dynamics.
- Investment Return Potential: If either D-Wave or IonQ achieves $45 billion in annual revenue, their market caps could soar to $400 billion, translating to a potential gain of 5,233% for D-Wave and 2,885% for IonQ, indicating the high returns possible from investing in these companies.
- Risks and Opportunities: Despite the optimistic outlook for quantum computing, the path to success is fraught with challenges, and investors should carefully manage their positions; even a 1% initial investment could yield over 2,000% returns in the future, becoming a significant driver of portfolio gains.
See More
Investment Potential and Risks in Quantum Computing
- Massive Market Potential: McKinsey projects that by 2035, the quantum computing market could generate annual revenues between $28 billion and $72 billion, and if either IonQ or D-Wave captures a 90% market share, it could lead to $45 billion in annual revenue, highlighting significant investment upside.
- Diverse Technological Approaches: IonQ employs a trapped ion method that uses lasers to cool atoms for quantum computing, while D-Wave focuses on quantum annealing to solve optimization and sampling problems, indicating that the future market competition will hinge on the maturity of these technologies.
- Significant Investment Risks: Although both companies could potentially deliver over 1,000% returns, the nascent stage of quantum computing and intense competition necessitate caution, with a recommendation for investors to limit initial positions to 1% of their portfolios to mitigate risks.
- Intense Market Competition: The success of IonQ and D-Wave in the quantum computing sector is not guaranteed, as other competitors exist, prompting investors to stay informed about industry developments to adjust their investment strategies accordingly.
See More
