Quantum Computing Inc. has been upgraded from Hold to Buy due to significant improvements in commercial traction and financial strength since June 2025. The company reported $5.6 million in Q2 2026 revenue, holds a $42.5 million contract backlog, and has $1.3 billion in cash. Although gross margins remain negative and costs are rising, recent acquisitions and partnerships expand its market beyond quantum computing into photonics and semiconductors. The valuation is now more reasonable with a cash-adjusted EV/sales of about 20x for 2026, making the five-year risk/reward profile attractive despite ongoing dilution and lack of profitability.
Quantum computing pure-play stocks including Infleqtion, Rigetti Computing, IonQ, D-Wave Quantum, and Quantum Computing Inc. surged between 7% and 10% on Friday, driven by investor optimism about upcoming U.S. government contracts and federal support...
Quantum computing stocks including Rigetti, IonQ, D-Wave, and Quantum Computing Inc. fell between 4% and 7% without any company-specific news. The decline is linked to rising long-term Treasury yields, which negatively impact valuations of companies ...
