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QUBT News30 articles
Rigetti's Q2 Revenue Soars 185% but Client Concentration and Rising Losses Weigh on Shares
Rigetti Computing's Q2 revenue jumped 185% to $5.14M, led by quantum system sales, yet investor sentiment cooled as operating losses widened and revenue remained concentrated among a few customers.
IonQ Stock Retreats Ahead of Q2 Earnings Amid Post-SkyWater Valuation Scrutiny
IonQ shares fell 4.6% to $39.79 ahead of Q2 earnings, with analysts eyeing a 221% revenue jump and a valuation reset following the SkyWater deal.
IonQ's $1.8B SkyWater Deal Reshapes Valuation Metrics
IonQ's acquisition of SkyWater Technology boosts revenue base, cutting its price-to-sales ratio from 51 to 19, yet shares remain richly valued. Q2 earnings due Wednesday.
Rigetti Gears Up for Q2 Report with Cash Reserves and Revenue Quality in Focus
Rigetti Computing heads into Q2 earnings with a $5.01B market cap, $569M cash, and revenue quality under scrutiny. Analysts expect revenue of $5.1M-$5.3M.
IonQ Stock Surges on Quantum Deals, But Valuation Remains a Concern
IonQ stock gained 6.4% on quantum deals, but its $13B market cap and 49x revenue multiple keep valuation worries alive. D-Wave surged 16% on AT&T network optimization news.
Rigetti Computing Jumps 7% on Hybrid Quantum Testbed Deal with HPE
Rigetti Computing (RGTI) stock gained 7.3% to $15.18 after revealing a hybrid quantum testbed project with HPE and the Pittsburgh Supercomputing Center, supported by a $5 million NSF grant.
D-Wave Quantum Surges 9% Premarket on AT&T Deal Expansion
D-Wave Quantum shares rose 9% in premarket trading as AT&T expands its adoption of D-Wave's quantum systems for network operations, significantly reducing processing times.
IonQ Faces Revenue Quality Test Ahead of Q2 Earnings Release
IonQ's Q2 report on August 5 will test if funded organic demand supports its $12.2B valuation. Stock fell 3.6% Friday, down 5.6% for the week.
IonQ Leads in Revenue Amidst Higher Quantum Competitor Valuations
IonQ's Q1 revenue of $64.7M dwarfs Quantinuum and QUBT's combined $8.9M, yet their valuations surpass IonQ by 30%, highlighting a key divergence in quantum computing stocks.
Quantum Stocks Sink $2.5 Billion as Selloff Hits Sector Valuations
Quantum computing stocks plunged Monday, erasing $2.5 billion in value. Despite similar price action, the companies have vastly different revenue bases and cash positions.
IQM Quantum Computers ADS Debut Valued at $3.5B, Trading Paused for US Holiday
IQM Quantum Computers (IQMX) ADS closed at $13.36 on its Nasdaq debut, giving a $3.51 billion valuation, before the market closed for Independence Day. The stock trades at a high multiple of 97x 2025 revenue.
IonQ Stock Drops 15% but Quantum Valuation Premium Remains
IonQ shares dropped 15.45% over five sessions, but with a market cap of $18.3 billion and trading at 69 times 2026 revenue, the quantum premium persists.
Trump's 2028 Quantum Goal Lifts D-Wave Shares
D-Wave shares gained 3.1% to $25.23 after Trump's quantum executive orders, but Q1 revenue fell 81% to $2.9M, highlighting risk.
D-Wave Quantum Stock Surges on Mizuho Price Target Boost
D-Wave Quantum shares rose 12.6% to $26.26 after Mizuho raised its price target to $35, citing quantum roadmap progress and surging bookings, despite weak revenue and widening losses.
Quantum Stocks End Week Mixed as Government Funding Boost Fades
Quantum stocks closed mixed on Friday as the government-funding rally lost steam. IonQ, Rigetti, and D-Wave saw varied results, with investors focused on final CHIPS Act terms and upcoming milestones.
D-Wave Quantum Tumbles 9% as Speculative Tech Stocks Retreat Ahead of CPI Data
D-Wave Quantum shares dropped nearly 9% as a broad selloff in speculative tech stocks hit the sector, despite strong Q1 bookings. Revenue fell 81% and the company posted an $18.4 million loss.
Quantum Computing Stocks Slide Amid Broad Tech Selloff; Rigetti Down 14%
Rigetti Computing shares plunged 14.4% in a broad tech selloff, erasing gains from positive analyst coverage. Other quantum stocks like IonQ and D-Wave also fell sharply.
IonQ Surges as Quantinuum IPO Sets New Benchmark for Quantum Stocks
IonQ surged 10.5% on Monday, outpacing quantum rivals, as Quantinuum's $1.68 billion IPO gave investors a new yardstick for trapped-ion quantum valuations.
Rigetti Computing Shares Plunge 19% on Rate Hike Fears; Government Funding Still in Limbo
Rigetti Computing shares fell 19% last week, closing at $20.68, as a strong U.S. jobs report stoked rate hike fears, pressuring high-growth tech stocks. The company awaits a key $100 million government funding letter.
Rigetti Stock Rises 4.9% Amid Insider Sales and $100M Commerce Department Proposal
Rigetti Computing shares rose 4.9% to $26.88, boosting market cap to $9.0B, as insider filings showed CEO and CTO sold shares. A proposed $100M Commerce Department deal could speed R&D but may dilute shareholders.
D-Wave Surges on $100M CHIPS Act Deal, Quantum Peers Rally
D-Wave Quantum Inc. (QBTS) shares surged 8.4% on a proposed $100 million CHIPS Act funding deal, lifting IonQ, Rigetti, and Quantum Computing Inc. as the sector rallies on government support.
Quantum Stocks Surge on $2B Government Plan, QCi Faces Tuesday Test
Quantum Computing Inc. shares surged 7.89% to $12.31 Friday, part of a quantum sector rally fueled by a $2 billion U.S. government funding plan. QCi was not listed among recipients, setting up a key test when trading resumes Tuesday.
Quantum Computing Stock Surges Amid Sector Rally, Despite Missing Federal Grant List
Quantum Computing Inc. (QUBT) shares jumped 7.89% to $12.31 on Friday, lifted by a sector-wide rally following the U.S. Commerce Department's $2.013 billion quantum funding announcement, though QUBT was not named among the award recipients.
Quantum Computing Stocks Surge on $2 Billion U.S. Government Investment
Quantum Computing Inc. shares jumped 12.2% to $10.73 amid a sector rally following a $2 billion U.S. government quantum investment. QCI was not a named recipient but saw gains alongside Rigetti and D-Wave.
US Government Invests $2 Billion in Quantum Computing via CHIPS Act
The Commerce Department is investing $2.013 billion in nine quantum computing companies, taking minority equity stakes. Shares of IBM, Rigetti, and D-Wave rose sharply in premarket trading.
Rigetti Computing Shares Slide 7.4% as Quantum Sector Sells Off
Rigetti stock dropped 7.4% to $17.85 Friday as quantum stocks sold off. Q1 revenue of $4.4 million and a $26 million operating loss were reported.
Infleqtion Shares Drop 11% After Record Revenue, Loss Widens
Infleqtion shares dropped 10.95% Friday to $12.44 despite record revenue and raised 2026 outlook, as a wider net loss and reliance on government contracts weighed on investor sentiment.
Infleqtion Shares Jump on Quantum Sector Momentum, Earnings in Focus
Infleqtion shares rose 5.6% on Tuesday, tracking gains in quantum stocks after peers released Q1 data. The company's own earnings report on May 14 will be key.
Quantum Computing Inc. Shares Surge 14% on Q1 Revenue Boost from Acquisitions
Quantum Computing Inc. shares rose 14% premarket after Q1 revenue hit $3.7 million, fueled by acquisitions. Core sales were just $204,000.
Xanadu Quantum Faces 294M Share Overhang After EV Group Deal
Xanadu Quantum Technologies stock faces pressure from a 294M share resale registration, even as it partners with EV Group for photonic chip manufacturing. First earnings report due May 14.