In the quantum computing space, D-Wave Quantum has an advantage.D-Wave Quantum (QBTS +7.75%) has been one of several big stock movers in the quantum computing sector this year. But while its share price has tripled year to date, it hasn't been a smooth ride for shareholders.D-Wave's stock has also been cut nearly in half since it peaked in October, and in the wake of that slump, some Wall Street firms have initiated coverage of the company and rated the shares a buy. D-Wave's sixth-generation Advantage2 is ...

核心观点 - IonQ是一家高风险、高潜在回报的公司 正朝着开发具有商业用途的量子计算机快速迈进 该技术有望成为未来十年最具颠覆性的技术之一 [1] - 近期发展表明其股价有望在2026年翻倍至近100美元 Jefferies已给予“买入”评级及100美元目标价 认为其离子阱量子计算架构是关键差异化优势 有望实现低错误率、高相干性的商业化规模解决方案 [2] 财务表现与资产负债表 - 第三季度收入同比增长222% 达到3990万美元 超出管理层指引区间高端37% [3] - 公司资产负债表稳健 拥有35亿美元模拟现金 且无债务 [3] 商业进展与战略 - 公司正越来越多地赢得大规模、基于解决方案的合同 并在量子计算、网络、传感和网络安全领域执行“先立足后扩张”的战略 而非销售孤立系统 [4] - 强劲的第三季度业绩突显了公司商业应用的加速 [7] 技术里程碑与路线图 - 第五代Tempo系统实现了64的算法量子比特分数 意味着其能像拥有64个高质量算法量子比特的系统一样处理复杂问题 [5] - 实现了99.99%的双量子比特保真度 意味着其双量子比特系统在99.99%的时间内能进行无错误计算 [5] - 公司目标在2026年前开发出具有256个物理量子比特的系统 并在2027年前达到10,000个物理量子比特 [6] - 已实现的多个技术里程碑进一步巩固了其在低错误率、可扩展量子计算领域的地位 [7]

Back to market on close. I'm [music] Marley Caden alongside Sam Bodis in New York. Let's turn our attention to the world of quantum computing and welcoming our next guest.Joining us now in our Chicago headquarters is Yun uh the CEO of Boltz Technology. Yun, thank you so much for being with us today, taking the time to join us here in studio. Now, you warned that quantum risk is coming.For investors and viewers who don't live in cryptography, what does that actually mean. So quantum computing is a new way of ...

The quantum computing company is an exciting investment opportunity, but it isn't cheap.IonQ (IONQ +4.39%) has consistently surpassed expectations this year. Most recently, it reported $39.9 million in revenue in the third quarter of 2025, which was 37% more than the top end of the expected range and 222% year-over-year growth.Given the recent results and the growth potential of the quantum computing industry, you may be wondering if now is a good time to invest $500 in IonQ. While it's exciting to invest i ...

Three savvy hedge fund billionaires bought small positions in Rigetti Computing in the third quarter.In the third quarter, a few wealthy hedge fund managers sold shares of Amazon (AMZN +0.26%) and bought shares of Rigetti Computing (RGTI +4.12%), a quantum computing stock that has advanced 3,050% since January 2023.Israel Englander at Millennium Management sold 787,900 shares of Amazon, reducing his position by 17%. He also added 522,100 shares of Rigetti.Ken Griffin at Citadel Advisors sold 1.6 million sha ...

Both companies have a long way to go if they are going to bring their technology to commercial viability.The quantum computing investment landscape has shifted multiple times in 2025. At the start of the year, after an impressive December 2024, quantum computing pure-play stocks all sold off. Throughout 2025, upward momentum returned, and several quantum computing stocks are on course for impressive one-year returns. However, these stocks all sold off starting in October as the market's appetite for risk de ...

融资与发行 - 公司拟公开发售1000万个单位，每个单位售价10美元，募集资金1亿美元[8][10] - 承销商有45天选择权，可额外购买最多150万个单位[11] - 公司发起人及承销商代表将以每个单位10美元的价格，购买35万个私募单位，总价350万美元[16] - 若承销商行使超额配售权，发起人及承销商代表将最多再购买3万个私募单位[16] 股权结构 - 本次发售前，公司初始股东持有383.3333万股普通股，约占发售完成后已发行和流通股份的25%[17] - 初始股东以每股约0.0065美元的价格获得创始人股份，公众股东将面临重大摊薄[18] 费用与资金安排 - 公司将每月向发起人或其关联方报销1万美元的办公空间和行政支持费用[19] - 公司将偿还发起人最多15万美元的贷款，用于支付本次发售的部分费用[19] - 承销商折扣和佣金为每单位0.2美元，总计200万美元，公司发行前收益为每单位9.8美元，总计980万美元[31] - 本次发行相关费用约270万美元，若行使超额配售权为300万美元，发行后约80万美元用于营运资金[32] 业务合并 - 公司需在发售结束后21个月内完成首次业务合并，若延期则为24个月，否则将赎回100%公众股份[15] - 首次业务合并目标业务的总公允价值至少为信托账户资产的80%[88] 上市安排 - 公司已申请将单位在纳斯达克上市，代码为“RFAMU”，普通股和认股权证预计在招股说明书日期后90天开始单独交易，代码分别为“RFAM”和“RFAMR”[25] 公司定位与目标 - 公司是空白支票公司，拟与目标企业进行业务合并，初始聚焦亚洲深科技领域目标企业，但不与大中华地区公司合作[44] 团队情况 - 公司管理团队由谢孟吴和詹志顺领导，另有瑞安·李文、李禄团和郑清成等独立董事[46] 法规影响 - 《外国公司问责法案》限制公司与某些公司完成首次业务合并，无法满足PCAOB标准将被要求退市[108] - 公司审计机构Marcum Asia可被PCAOB定期检查，目前PCAOB可访问其工作文件，公司认为HFCAA目前不会影响自身，但未来存在不确定性[119] 财务状况 - 截至2025年9月30日，公司营运资金缺口为73,672美元，总资产113,494美元，总负债104,572美元，股东权益8,922美元[178] 风险因素 - 近年来部分与SPAC合并的目标企业股价表现不佳，无法保证公司能评估所有风险或合并后股价上涨[72] - 特殊目的收购公司增多，有吸引力的目标可能更稀缺，竞争更激烈[197]

With this in mind, which companies have demonstrated steady quantum computing progress? 1. Honeywell International Inc. Although not typically perceived as a quantum computing company, Honeywell has two major advantages. First, as long as the dollar maintains its global reserve currency status, Honeywell will continue to serve the military industrial complex with its aerospace systems, alongside land, naval, satellite and autonomous systems. Honeywell's Aerospace Technologies (AT) division represented aroun ...

Key Points D-Wave's revenue will remain minimal over the next year and the company will have significant losses. Its shares will likely still be very overpriced. Owning D-Wave shares could be a risky move if the economy slows down. 10 stocks we like better than D-Wave Quantum › Many quantum computing stocks have been on fire in 2025, as investors seek the next big thing in tech. D-Wave Quantum (NYSE: QBTS) has benefited from the surge in interest in quantum computing, with its share price increas ...

IonQ (IONQ), once hailed as a frontrunner in quantum computing and a darling among high-growth tech stocks, has hit a rough patch. Despite pioneering advancements in trapped-ion quantum technology, shares have plunged 42% over the past two months from their October peak near $85, reflecting broader market skepticism toward speculative tech names. Today, the stock is trading around $48, marking a continued losing streak after dropping 5% in the past week amid insider sales and market unease. Quantum compu ...