U.S.-based quantum computing stocks like IonQ (IONQ), Rigetti Computing (RGTI), D-Wave Quantum Inc. (QBTS), and Quantum Computing Inc. (QUBT) have taken a sharp hit recently, falling as investor sentiment cooled across emerging tech sectors. With volatility rising and long-term potential still uncertain, many investors are now wondering whether this is a buying opportunity.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
What’s Happening with Quantum Computing Stocks?
Quantum computing stocks have dropped from their highs reached in early to mid-October. Earlier, the sector got a boost after reports of government interest. Additionally, J.P. Morgan placed quantum computing on its priority list, naming it one of 27 strategic industries the bank will invest in over the next 10 years to strengthen national and economic security. However, investors still question the potential of quantum companies. Many remain unsure whether these firms can scale quickly enough to turn their investments into meaningful returns.
The recent market pullback, led by declines in AI-related stocks, further dragged quantum stocks lower, adding to the downside momentum. Over the past 30 days, RGTI has dropped around 43%, IONQ is down more than 30%, and both QBTS and QUBT have fallen by over 35%.
What Lies Ahead for Quantum Computing
Quantum computers can solve problems beyond the capability of today’s fastest supercomputers and are seen as the next major leap after AI. Governments and major companies are investing heavily, as the technology could transform multiple industries, from security and drug discovery to system optimization and advanced simulations.
According to BCC Research, the global quantum computing market is projected to grow rapidly—from $1.6 billion in 2025 to $7.3 billion by 2030. Moreover, Chris Gannatti, global head of research at WisdomTree, believes the quantum computing market is still in its early stages but remains well funded and full of potential. He added that recent momentum shows that investors and public markets are rewarding real progress. For example, Rigetti surged after securing a U.S. Air Force contract, and IonQ jumped after beating performance milestones.
Gannatti also explained that right now, hybrid quantum systems are already helping industries like finance, telecom, and healthcare. As the technology improves, experts expect quantum computers to outperform traditional systems and become widely used — a key milestone investors are waiting for.
RGTI, QBTS, IONQ, QUBT: Which Is the Best Quantum Stock, According to Analysts?
Using TipRanks’ Stock Comparison Tool, we have compared quantum stocks to see which stock offers higher upside to investors.
Among these four, QBTS stock has a Strong Buy rating from analysts. In terms of share price growth, QUBT stock offers an upside of over 170% at an average price target of $28.0. Below is a screenshot for reference.
