Some quantum computing stocks surged while others fell, mixed results for industry

From Nasdaq: 2025-04-02 12:52:00

Stocks in the quantum computing industry experienced significant movement in March. D-Wave Quantum (NYSE: QBTS) rose 38.7%, and Quantum Computing (NASDAQ: QUBT) gained 31.9%. However, Rigetti Computing (NASDAQ: RGTI) fell 6.4%, and IonQ (NYSE: IONQ) saw a 10.2% decrease in share price. Three of these stocks reported earnings in March, with mixed results.

D-Wave made headlines by successfully applying its quantum computing systems to solve a real-world problem. The company’s stock surged 92% in three days following this achievement. In contrast, Quantum Computing and Rigetti reported disappointing quarterly results below analyst expectations. The industry saw high volatility on March 20, with uncertainty surrounding the future of quantum computing.

Despite the initial excitement, doubts arose regarding the quality of D-Wave’s achievement, as researchers questioned the validity of its technology. The industry has seen a surge in stock prices in recent months, but it may be overvalued. Investors are advised to approach pure-play quantum computing investments with caution and consider established tech giants like Alphabet and Nvidia for exposure to the industry.

Looking ahead, quantum computing is expected to disrupt various industries and change the landscape of computing. While the long-term potential is promising, it is still too early to identify clear winners in this space. Investors should tread carefully and diversify their investments to mitigate risks. Consider opportunities presented by tech giants involved in quantum computing research for a balanced investment strategy.



Read more at Nasdaq: Why Some Quantum Computing Stocks Soared Last Month (While Others Slumped)