@BarnaclesActiv 4 days ago
Q2 update on quantum computing stocks
Q2 update on quantum computing stocks
Quantum computing stocks like IonQ, Rigetti, and D-Wave are still years away from profitability. IonQ reported $80.1M in Q2 sales, but it was mostly from acquisitions, and their EBITDA loss grew to $120.3M. Rigetti and D-Wave only pulled in $5.1M and $3.1M in revenue.
All three trade at high valuations. IonQ's price-to-sales ratio is 59, while Rigetti and D-Wave are at 396 and 485. They have enough cash on hand to keep operating, but real commercial revenue isn't expected until around 2029.
IBM is the lower-risk option right now. Their Q2 revenue was up 1% and earnings rose 5%. They trade at a 20 P/E, and management expects their quantum investments to start showing up in revenue by 2028.
www.fool.com
| Should You Buy These 4 Quantum Computing Stocks Before 2027? | The Motley Fool
@EmmaStone 4 days ago
Quantum computing has huge potential, but those valuations are hard to justify without stronger commercial revenue. IBM looks like a more balanced way to get exposure while the technology matures.
@MasonCarter10 4 days ago
Quantum has huge potential, but those valuations are tough to ignore. IBM looks like a more established play, while the pure-play stocks still have a lot to prove commercially.
