Shares of the eponymous quantum computing company Quantum Computing Company (NASDAQ: QUBT) The index surged 11.6% as of 11 a.m. ET on Monday. Why?
It’s not entirely clear. There’s no big quantum stock news today regarding quantum computing stocks, or quantum stocks in general. There yes A story in today’s Investor’s Business Daily, but it basically boils down to one observation:
Quantum stocks will perform very well in 2025.
make it happen most Quantum stock could do very well in 2025. Quantum computing stocks proved to be the exception, with shares down 40%.
Quantum Computing specializes in “quantum optics and integrated photonic technologies” to build “easy-to-use and affordable quantum machines” designed to operate at room temperature (i.e. without supercooling). This all sounds great, but the quantum computing company’s annual revenue is only $500,000 — not a lot for a stock valued at $2.4 billion.
Analysts surveyed by S&P Global Market Intelligence expect sales to grow quickly on a percentage basis, but even two years later, in 2027, they forecast revenue will not exceed $15 million (equivalent to about 163 times price-to-sales). They don’t think quantum computing will be as profitable as anyone is willing to predict.
How could quantum computing change these predictions?
Perhaps in an effort to change the story, Quantum Computing took a turn last week, announcing it would acquire semiconductor company Luminar Semiconductor. Luminar Technologies (NASDAQ: LAZR) $110 million. Interim CEO Yuping Huang called this “a meaningful step forward in our strategy to develop and scale practical integrated quantum solutions.”
Investors may be happy if quantum computing sales can cross their peak into the single digits of millions.
Before buying quantum computing stocks, consider the following factors:
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