Top Quantum Computing Stocks To Watch Today – May 12th

Rigetti Computing, D-Wave Quantum, and IonQ are the three Quantum Computing stocks to watch today, according to MarketBeat’s stock screener tool. Quantum computing stocks are shares of publicly traded companies that develop, manufacture, or provide services related to quantum computers and associated technologies. Investors buy these stocks to gain exposure to the potential long-term growth and breakthroughs in quantum hardware, software, and applications. As an emerging sector, quantum computing stocks tend to be volatile and carry higher risk, reflecting the technology’s early stage and uncertain commercial timeline. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days.

Rigetti Computing (RGTI)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

Shares of NASDAQ RGTI traded up $0.96 during trading hours on Monday, hitting $11.54. 60,743,164 shares of the company traded hands, compared to its average volume of 50,897,735. The company has a current ratio of 4.84, a quick ratio of 4.84 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of -30.33 and a beta of 1.41. The company’s 50 day moving average price is $9.00 and its 200 day moving average price is $8.56. Rigetti Computing has a 12 month low of $0.66 and a 12 month high of $21.42.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

Shares of NYSE:QBTS traded down $0.26 on Monday, hitting $10.83. 64,110,443 shares of the company were exchanged, compared to its average volume of 36,727,351. The stock’s 50 day moving average price is $7.41 and its 200 day moving average price is $5.84. The firm has a market capitalization of $3.15 billion, a P/E ratio of -25.92 and a beta of 0.90. D-Wave Quantum has a 1-year low of $0.75 and a 1-year high of $11.95.

IonQ (IONQ)

IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service.

IONQ traded up $1.25 during midday trading on Monday, hitting $32.52. 12,924,847 shares of the company traded hands, compared to its average volume of 16,504,904. IonQ has a 52-week low of $6.22 and a 52-week high of $54.74. The business has a 50 day simple moving average of $24.91 and a two-hundred day simple moving average of $30.68. The company has a market capitalization of $7.25 billion, a price-to-earnings ratio of -40.26 and a beta of 2.46.