Quantum computing pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have seen massive gains of up to 965% over the past year. The potential real-world applications of quantum computers could drive long-term global growth. However, history shows that new technologies face challenges in the early stages of expansion.

The rise of quantum computing has overshadowed AI as the hottest stock market trend in 2025. Stocks like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have soared in value, attracting both professional and everyday investors. Quantum computing has the potential to revolutionize businesses by solving complex problems classical computers can’t handle.

The excitement around quantum computers comes from their practical applications, such as rapid molecular simulations for drug development and speeding up AI algorithms’ learning processes. Wall Street expects quantum computing to generate significant global economic value by 2040. Collaborations and investments have fueled the recent gains in quantum computing stocks like IonQ and Rigetti Computing.

However, history suggests that quantum computing stocks may face setbacks. Investors tend to overestimate the speed of technology adoption and optimization, leading to bubble-bursting events. With P/S ratios well above traditional bubble indicators, quantum computing stocks could potentially lose 80% or more of their value. Despite long-term potential, these stocks may face significant downside risks.

Before investing in IonQ, consider the historical precedent of bubble-bursting events for new technologies. While quantum computing holds promise for the future, investors should be cautious of potential risks. The Motley Fool Stock Advisor team has identified 10 other stocks with high growth potential, offering alternative investment opportunities for better returns.

Read more at Nasdaq: Will Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum Plunge 80% (or More)? History Offers a Chilling Answer.