IonQ, Rigetti Emerge as Quantum Stock Picks on 287% and 185% Revenue Growth
Updated
Updated · The Motley Fool · Nov 3
IonQ, Rigetti Emerge as Quantum Stock Picks on 287% and 185% Revenue Growth
3 articles · Updated · The Motley Fool · Nov 3
Summary
IonQ and Rigetti were highlighted as promising quantum-computing stocks, with the case centered on accelerating adoption and sharp second-quarter revenue gains at both companies.
287% revenue growth at IonQ came alongside technical milestones in error correction and quantum interconnects, plus its SkyWater acquisition, which gives it more control over manufacturing and specialized chip development.
185% revenue growth at Rigetti was backed by its superconducting-qubit strategy, chiplet-based 108-qubit Cepheus-1-108Q system, and on-premises deployments including a program for India’s advanced computing center.
42 times sales for IonQ and 278 times for Rigetti underscore the risks: both remain early-stage, unprofitable businesses facing technical and execution hurdles before broad commercial adoption arrives.
IonQ is framed as the more conservative quantum bet because of its broader platform and lower valuation, while Rigetti offers higher-risk, higher-reward exposure if scaling efforts succeed.