We're a fully fledged quantum internet company, says IONQ CEO Niccolo De Masi
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Yahoo
an hour ago
- Yahoo
IonQ Just Nabbed a Former JPMorgan Research Leader. How Should You Play the Quantum Computing Stock Here?
IonQ (IONQ) shares are in focus on Tuesday after the quantum computing company hired Marco Pistoia as its senior vice president of industry relations. Pistoia, who has formerly served as head of applied research at JPMorgan, will facilitate the corporate deployment of next-generation quantum technologies and robust security protocols at IonQ. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. IonQ stock has been in a sharp uptrend since early March, but is currently down 12% versus its high set in the final week of May. Why Is Pistoia's Appointment Significant for IonQ Stock? Pistoia brings a blend of deep technical expertise and industry credibility that will likely prove a strategic positive for IONQ shares moving forward. His track record includes pioneering quantum algorithms for financial modeling, fraud detection, AI, and setting a world record in quantum key distribution (QKD). Pistoia's appointment strengthens the quantum-tech firm's ability to forge high-value partnerships and accelerate adoption across industries like finance, logistics, and cybersecurity. It also reinforces the company's roadmap toward scalable, secure quantum systems, an essential differentiator in a field where commercialization remains elusive. IONQ Shares Could Climb Further to $70 IonQ tapped Marco Pistoia as its new SVP only days before Rosenblatt Securities initiated coverage of the quantum stock with a 'Buy' rating. The investment firm expects IONQ's revenue to exceed $100 million this year, close to double in 2026, and hit the coveted $1 billion mark 'over the next few years.' Rosenblatt sees IONQ stock rallying to $70 over the next 12 months (about 65% potential upside) as management remains committed to developing a quantum ecosystem, executing well on the product roadmap, and secure new partnerships to boost system sales. Note that the NYSE-listed firm is already collaborating with big names like AstraZeneca (AZN), Nvidia (NVDA), and Amazon (AMZN). Wall Street Recommends Caution on IonQ Other Wall Street firms, however, are not nearly as bullish on IonQ shares as Rosenblatt Securities, primarily because the company is in its early innings only and has much to prove over the coming months and years. While the consensus rating on IONQ stock remains at 'Strong Buy,' the mean target of about $44 implies just 7% upside from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
2 hours ago
- CNBC
The best ways to play the emergence of quantum computing, according to Rosenblatt
Investors wanting to get in early on the emerging space of quantum computing might want to consider D-Wave and IonQ , according to Rosenblatt analyst Kevin Garrigan. He initiated the two quantum computing stocks with buy ratings and a price target of $30 for D-Wave and $70 for IonQ. Those predictions imply gains of about 64% or more for both stocks from their latest close. "Quantum computing promises to solve certain classes of problems that are intractable for even the most advanced classical supercomputers," Garrigan wrote in a Monday note to clients. "While widespread quantum advantage is still several years away, targeted applications in optimization, quantum chemistry, and cybersecurity are already driving early enterprise adoption," Garrigan continued. "We believe companies demonstrating near-term commercial traction through hybrid quantum-classical solutions while also monitoring long-term disruptive plays in cryptography and AI acceleration as quantum hardware scales is important." A handful of quantum stocks have already seen a sharp run-up their valuations this year as investors bet on the fast-growing technology and companies innovate quantum computing chips and systems . Volatility persists as quantum computing remains in its infancy, but bulls remain focused on its ultimate potential to revolutionize functions across industries. D-Wave is up more than 122% year to date, after rallying 1,812% over the past 12 months. IonQ has added just 3.6% in 2025, but has surged more than 452% over the past year. Rigetti Computing , another quantum computing play , is up nearly 2% year to date but has rallied roughly 41% over the past month. Rigetti shares have surged 1,458% over the past year, according to FactSet. IonQ, which went public via SPAC in 2021, expects quantum to achieve broad commercial application by 2030, Garrigan said. "IonQ is a leading pure-play public company specializing in trapped-ion quantum computing, leveraging atomic ions suspended in electromagnetic fields as qubits," the analyst wrote. "Known for their long coherence times, high fidelity, and full qubit connectivity, trapped-ion systems offer architectural advantages but face challenges with slower gate speeds and scaling laser control as qubit counts increase." IonQ has made several acquisitions in recent years, bolstering its own capabilities in quantum internet infrastructure, he added. QBTS 1Y mountain D-Wave stock performance over the past year. D-Wave is known to deploy quantum computing technology that is energy-efficient. Upon initiating the stock, Garrigan highlighted that D-Wave uniquely specializes in quantum annealing systems, which he said solve "large-scale optimization problems by evolving a system to its lowest energy state." "Unlike gate-based quantum computers, D-Wave's annealers excel at problems with complex variables and constraints, offering significant energy efficiency advantages — claiming up to 1,000x reduction in compute power for tasks like hashing," he said. D-Wave in late May announced its most advanced quantum computing system , Advantage2, and said the computer offers a 40% boost in energy scale and can use fewer qubits to solve problems. Additionally, Garrigan noted a significant jump in venture capital investment over the past decade that has encouraged the rise of quantum startups and investor enthusiasm. He highlighted private players such as Alice & Bob and IQM Quantum Computers alongside megacap tech companies IBM and Google that are also making developments in the field.
Business Insider
8 hours ago
- Business Insider
3 Quantum Computing Stocks with Positive Investor Sentiment – 7/28/2025
Quantum computing, though still in its early stages, is expected to be the next big revolution after artificial intelligence. This emerging technology can tackle complex problems more quickly than traditional computers due to its ability to process information using quantum bits (qubits) instead of regular bits. Thus, investing in quantum computing stocks could give long-term investors a chance to benefit from new technology and market growth. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. To find such stocks, take a look at TipRanks' Quantum Computing Stocks page. It allows you to compare stocks based on analyst consensus, price targets, and key technical indicators among others. When selecting stocks to buy, it can be helpful to consider the sentiments of other individual investors. With that in mind, here are today's top quantum computing stock picks, which have received a bullish investor sentiment signal based on several portfolios analyzed by TipRanks. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio. IonQ (IONQ) – IonQ's advanced trapped-ion technology helps solve complex problems more efficiently than classical computers. It has raised over $1 billion to support its growth and aims to build systems with millions of qubits by 2030. Overall, the analyst consensus on the stock is Strong Buy. Also, the stock has a Positive investor sentiment signal. D-Wave Quantum (QBTS) – QBTS is known for its Advantage quantum computer, solving problems that classical supercomputers cannot. It is also advancing gate-based tech with fluxonium qubits, aiming for real-world impact and a 100,000-qubit scale. The stock has earned an analyst consensus of Strong Buy. Moreover, QBTS stock has a Positive investor sentiment signal. Rigetti Computing (RGTI) – RGTI disclosed a 36-qubit multichip system that achieved 99.5% two-qubit gate fidelity, cutting error rates in half compared to previous models. It plans to launch a 100+ qubit system by year-end, using a chiplet design that makes it easier to scale and improve performance. RGTI stock has an analyst consensus of Strong Buy and a Positive investor sentiment signal.
