Billionaire Ken Griffin Buys 2 Quantum Computing Stocks Up 3,750% and 1,770% Since 2023. Wall Street Says They Are Headed Higher.

1 month ago 14

Trevor Jennewine, The Motley Fool

Mon, December 8, 2025 astatine 3:15 AM CST 5 min read

Ken Griffin bought tiny positions successful Rigetti Computing and D-Wave Quantum successful the 3rd quarter; each Wall Street expert pursuing the companies sees upside successful the stocks.
Rigetti has differentiated itself done vertical integration and multi-chip architecture, but its valuation is 10 times higher than the astir costly banal successful the S&P 500.
D-Wave has differentiated itself by focusing connected quantum annealing, which is much utile than gate-based architectures today, but the banal is absurdly expensive.
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Billionaire Ken Griffin runs the precise palmy hedge money Citadel Advisors. It not lone outperformed the S&P 500 (SNPINDEX: ^GSPC) by 7 percent points during the past 3 years, but besides ranks arsenic the astir profitable hedge money based connected nett gains since inception, according to LCH Investments.

Griffin and his squad made hundreds of trades successful the 3rd quarter, but the determination to bargain 2 fashionable quantum computing stocks stands out. Here are the details:

Citadel added 51,700 shares of Rigetti Computing (NASDAQ: RGTI), a banal that has gained 3,750% since January 2023.
Citadel added 122,600 shares of D-Wave Quantum (NYSE: QBTS), a banal that has gained 1,770% since January 2024.

Importantly, Citadel has microscopic stakes successful some stocks, but the trades are inactive absorbing due to the fact that each Wall Street expert that follows Rigetti and D-Wave expects the stocks to summation successful the adjacent year.

A idiosyncratic talks connected a telephone portion pointing astatine a machine surface that displays banal terms charts.

Among the 7 Wall Street analysts that travel Rigetti Computing, the median people terms is $40 per share, which implies 42% upside from its existent stock terms of $28. The highest people of $51 implies 82% upside, and adjacent the lowest people of $35 implies 25% upside arsenic of Dec. 6.

Rigetti specializes successful superconducting quantum computing, a modality wherever microscopic superconducting circuits are cooled to temperatures adjacent implicit zero to make qubits, the cardinal portion of quantum information. Qubits are similar bits (binary digits) successful classical computers, but they encode much accusation and person unsocial qualities that fto quantum computers lick definite problems much efficiently.

Rigetti benefits from vertical integration, meaning it realizes outgo efficiencies by exercising choky power implicit its proviso chain. It manufactures quantum processors, and develops the hardware and bundle infrastructure needed to supply cloud-based quantum services. The institution besides designed the archetypal multi-chip quantum processor, which whitethorn spend it an borderline successful scaling fault-tolerant systems.