A year after predicting IBM as the next Nvidia in quantum computing, IBM's stock fell 19%, losing money but still outperforming pure-play quantum startups like IonQ, Rigetti, and D-Wave, which saw larger declines. IBM's profitability, steady dividend increases, and strong cash flow helped it weather the sector downturn better than loss-making startups burning cash. IBM continues to invest heavily in quantum computing with a $10 billion plan over five years and expects free cash flow growth in 2026. The company's execution and cash flow will be key to sustaining its quantum roadmap and investment thesis going forward.
Quantum computing stocks show mixed trends on Pluang as of Sep 29, 2026, 22:51 WIB. IonQ trades at USD 44.25, down 0.74% in one day, while Rigetti edges up 0.25% to USD 16.02. D Wave Quantum falls 1.67% to USD 16.50, with strong buy interest at 96%. These figures highlight ongoing investor interest despite sector challenges noted in the article.
Bank of America initiated coverage on IonQ with a Buy rating and a $60 price target, highlighting the company's semiconductor-based quantum computing approach as promising for scaling qubit counts. IonQ is noted as the largest public pure-play quantu...
The global post-quantum cryptography market, valued at around $299 million in 2024, is projected to reach nearly $2 billion by 2030 due to increasing risks of quantum-enabled cyberattacks and regulatory mandates. Key companies like IonQ, Hewlett Pack...
