If I Could Own Only 1 Quantum Computing Stock in 2026, This Would Be It

There are a fistful of companies each pushing america toward the adjacent large advancement successful processing capabilities. Quantum computing promises to lick problems that are physically intolerable with classical computers and their strict binary inputs and outputs. Researchers could usage them for cause discovery, oregon to amended worldly plan successful construction, oregon supply stronger cybersecurity (or ace cybersecurity), oregon adjacent conscionable get a much close upwind forecast.

As such, there's a batch of excitement surrounding companies that plan and physique quantum computing systems. Companies including Rigetti Computing (NASDAQ: RGTI) and IonQ (NYSE: IONQ) person seen their stock prices soar implicit the past fewer years arsenic investors heap into the pure-play stocks. But different institution stands retired arsenic the champion quantum computing banal to ain for semipermanent investors.

While immoderate quantum computing systems are presently successful use, helping to optimize models successful fields specified arsenic logistics and fiscal services, we're inactive years distant from achieving existent breakthroughs successful quantum computing.

The largest pure-play companies, specified arsenic IonQ and Rigetti, make minimal revenue. Meanwhile, they're spending immense sums of currency connected probe and improvement and different operating expenses. As a result, some are burning tens of millions successful currency each quarter. Rigetti produced antagonistic escaped currency travel of $67.6 cardinal implicit the past 12 months. IonQ saw its currency pain accelerate to $263.6 cardinal implicit the past twelvemonth arsenic a effect of immoderate assertive acquisitions.

Both companies trust connected outer backing to enactment their operations. Thanks to their soaring banal prices, though, they tin easy pat into their equity to rise cash. Both companies issued further equity to rise currency successful 2025. Rigetti raised $350 cardinal successful June, and IonQ raised $2 cardinal successful October.

Even with the caller currency infusions, some companies inactive person a comparatively abbreviated timeline earlier they deplete what's presently disposable connected their equilibrium sheets. Both athletics currency and currency equivalents worthy astir 7 years of currency pain based connected their astir caller fiscal results. Even with the marked advancements they've made successful quantum computing successful the past fewer years, it's apt they'll request to rise much currency earlier they crook cash-flow-positive.