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Globe and Mail
6 days ago
- Business
- Globe and Mail
Better Artificial Intelligence Stock: Rigetti Computing vs. D-Wave Quantum
Artificial intelligence (AI) is transforming the global economy, driving automation, productivity, and creativity. Quantum computers may hold the key to unlocking the next generation of AI technology to tackle highly complex challenges and analyze massive datasets far beyond the reach of classical computers. Rigetti Computing (NASDAQ: RGTI) and D-Wave Quantum (NYSE: QBTS) are two emerging leaders in the field, well-positioned to capitalize on a significant market opportunity. Shares of both companies have soared, and there are plenty of reasons to believe the rally can keep going. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Let's explore which one of these quantum computing AI stocks is the better choice for your portfolio right now. The case for Rigetti Computing Quantum computers harness qubits, the fundamental units of information, which exploit quantum physics principles, like superposition and entanglement, to exist in multiple states simultaneously. This enables quantum computers to process calculations in parallel, far surpassing the capabilities of traditional binary-based computers. While the technology is still being refined due to the enduring trade-off between qubit power and system stability, Rigetti Computing's superconducting gate-based technology is delivering an expanding number of real-world use cases. The company's 84-qubit Ankaa-3 system, launched in first-quarter 2025, marks an industry milestone that could transform machine learning, optimization, simulations, cryptography, and AI. Optimism has powered Rigetti's stock to a spectacular 937% return over the past year as of this writing. An advantage to Rigetti's approach is its modular design, with the flexibility to combine multiple quantum processing units (QPUs) to scale performance. Compared to D-Wave Quantum, which specializes in a separate quantum annealing approach to leverage qubits, Rigetti's gate-based superconducting architecture may be more versatile and future-proof, particularly for AI applications. Despite recurring financial losses and limited sales with first-quarter revenue of just $1.5 million for the period ended March 31, the Ankaa-3 system is expected to capture a wave of demand going forward. Wall Street estimates project Rigetti's revenue to accelerate from $8.8 million in 2025 to $23 million in 2026. Industry forecasts estimate that the quantum computing market could grow to $90 billion to $170 billion by 2040, highlighting a significant growth runway for Rigetti. Investors with a long-term perspective who believe Rigetti Computing is just getting started and that its quantum technology will prove superior may find the stock a compelling option to buy and hold. The case for D-Wave Quantum As promising as Rigetti's potential may be, D-Wave Quantum has a commercial lead, generating stronger growth. In the company's first quarter (for the period ended March 31), revenue reached $15 million, climbing by 509% year over year. This was driven by the delivery of its first "Advantage" quantum computer system to a high-performance computing (HPC) center in Europe, intended to facilitate breakthroughs in AI and quantum optimization applications. D-Wave Quantum is also benefiting from the availability of its systems on cloud-computing platforms through quantum computing as-a-service (QCaaS). D-Wave has 133 customers, including Mastercard, Accenture, and Lockheed Martin, using its quantum systems. These tailwinds have carried the stock to a whopping 1,184% return over the past year, making D-Wave one of the hottest stocks on Wall Street. Yet, the explosive stock price gains mean that D-Wave Quantum now trades at an eye-watering 173 times revenue as a price-to-sales (P/S) ratio, suggesting investors are paying an extreme premium for the company's expected growth far out into the future, which is far from certain. For comparison, mega-cap AI leader Nvidia looks like a bargain at a P/S ratio of just 25.5. Yet, if there is a silver lining, D-Wave Quantum stock is still less expensive on a relative basis than shares of Rigetti Computing, which is trading at a P/S ratio of 289. Investors convinced that D-Wave Quantum represents the future of computing and artificial intelligence could justify its pricey valuation, with an expectation that its shares have more upside in the long run. QBTS PS Ratio data by YCharts. Decision time: Not worth chasing D-Wave Quantum's growth momentum makes it my pick as the better AI stock over Rigetti Computing. However, its high valuation renders it a highly speculative investment at current prices. Given uncertainties around its path to profitability in a competitive industry, expect continued volatility. I'd wait for a price correction before buying. Should you invest $1,000 in D-Wave Quantum right now? Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor 's total average return is957% — a market-crushing outperformance compared to167%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025
Yahoo
6 days ago
- Business
- Yahoo
Why IonQ, Inc. (IONQ) Soared Today
We recently published a list of In this article, we are going to take a look at where IonQ, Inc. (NYSE:IONQ) stands against other stocks that soared today. IonQ saw its share prices jump by 36.52 percent on Thursday to end at $45.79 apiece as investor sentiment was buoyed by its chief executive's comments bold claim that the company will become the next Nvidia Corp. of the quantum computing sector. In an interview with Barron's, IonQ, Inc. (NYSE:IONQ) Chief Executive Officer Niccolo de Masi was quoted as saying that he believes the company 'will be the Nvidia player' of the quantum computing sector. A quantum computer on a countertop in an engineering laboratory with a technician at work. 'We're in the business of quantum just like Nvidia and Broadcom are in the business of classical GPUs,' de Masi told the news outlet. 'I believe IonQ will be the Nvidia player. There will be other people that copy us and follow us; they have always copied and followed us,' he said. De Masi's comments also spilled over into shares of other quantum computing stocks such as RGTI, QBTS, and QUBT. Overall, IONQ ranks 3rd on our list of stocks that soared today. While we acknowledge the potential of IONQ, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IONQ and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
Yahoo
23-05-2025
- Business
- Yahoo
Why Rigetti Computing, Inc. (RGTI) Soared Today
We recently published a list of In this article, we are going to take a look at where Rigetti Computing, Inc. (NASDAQ:RGTI) stands against other stocks that soared today. Rigetti Computing soared to a new 3-month high on Thursday, adding 26.46 percent to finish at $13.86 apiece, in line with the surge in its quantum computing peers. During the session, Rigetti Computing, Inc. (NASDAQ:RGTI) traded higher alongside D-Wave Quantum Inc. (NYSE:QBTS), Quantum Computing Inc. (NASDAQ: QUBT), and IONQ Inc. (NYSE:IONQ), helped by developments in the quantum computing industry that spilled over into the company. This included a fellow quantum computing firm's launch of a new computer that is said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer. A close up of an engineer typing at a quantum computing station in a modern office space. Additionally, investors snapped up shares in Rigetti Computing, Inc.(NASDAQ:RGTI) following Craig-Hallum's higher price target of $14. Based on its Thursday close, the company was just 1-percent shy of the said price target. In recent news, Rigetti Computing, Inc. (NASDAQ:RGTI) said revenues fell by 52 percent to $1.47 million from $3.05 million in the same period last year, as loss from operations expanded by 30 percent to $21.6 million from $16.58 million year-on-year. Overall, RGTI ranks 4th on our list of stocks that soared today. While we acknowledge the potential of RGTI, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RGTI and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
Yahoo
23-05-2025
- Business
- Yahoo
Why Rigetti Computing, Inc. (RGTI) Soared Today
We recently published a list of In this article, we are going to take a look at where Rigetti Computing, Inc. (NASDAQ:RGTI) stands against other stocks that soared today. Rigetti Computing soared to a new 3-month high on Thursday, adding 26.46 percent to finish at $13.86 apiece, in line with the surge in its quantum computing peers. During the session, Rigetti Computing, Inc. (NASDAQ:RGTI) traded higher alongside D-Wave Quantum Inc. (NYSE:QBTS), Quantum Computing Inc. (NASDAQ: QUBT), and IONQ Inc. (NYSE:IONQ), helped by developments in the quantum computing industry that spilled over into the company. This included a fellow quantum computing firm's launch of a new computer that is said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer. A close up of an engineer typing at a quantum computing station in a modern office space. Additionally, investors snapped up shares in Rigetti Computing, Inc.(NASDAQ:RGTI) following Craig-Hallum's higher price target of $14. Based on its Thursday close, the company was just 1-percent shy of the said price target. In recent news, Rigetti Computing, Inc. (NASDAQ:RGTI) said revenues fell by 52 percent to $1.47 million from $3.05 million in the same period last year, as loss from operations expanded by 30 percent to $21.6 million from $16.58 million year-on-year. Overall, RGTI ranks 4th on our list of stocks that soared today. While we acknowledge the potential of RGTI, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RGTI and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
Yahoo
22-05-2025
- Business
- Yahoo
Why Rigetti Computing, Inc. (RGTI) Crashed Today
We recently published a list of . In this article, we are going to take a look at where Rigetti Computing, Inc. (NASDAQ:RGTI) stands against other firms that are drenched in red today. Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the last quarter of the year. Meanwhile, the Dow Jones fell by 1.91 percent, the S&P 500 declined by 1.61 percent, and the tech-heavy Nasdaq dropped 1.41 percent. In this article, let us take a look at the 10 companies that led a poor performance during the day and explore the reasons behind their drop. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A close up of an engineer typing at a quantum computing station in a modern office space. Rigetti Computing dropped for a second day on Wednesday, losing 8.05 percent to close at $10.96 apiece as investors continued to take profits following its retest of the $12 level earlier this week. In recent news, the company reported a 52-percent decline in revenues for the first quarter of the year, at $1.47 million versus the $3.05 million registered in the same period last year, as loss from operations expanded by 30 percent to $21.6 million from $16.58 million year-on-year. Total operating expenses grew by 22 percent to $22.07 million from $18.08 million in the same comparable period. Earlier this year, Rigetti Computing, Inc. (NASDAQ:RGTI) announced a number of projects from the US and UK governments, reflecting its stronghold in the quantum computing sector. This includes its participation in DARPA's Quantum Benchmarking Initiative, grant of AFOSR award to further develop breakthrough chip fabrication technology, as well as three Innovate UK Quantum Mission pilot awards to advance superconducting quantum computing. Overall, RGTI ranks 7th on our list of firms that are drenched in red today. While we acknowledge the potential of RGTI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RGTI but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
