Promising Quantum Computing Stocks To Add to Your Watchlist - July 20th

IonQ, D-Wave Quantum, Rigetti Computing, Quantum Computing, and Booz Allen Hamilton are the five Quantum Computing stocks to watch today, according to MarketBeat's stock screener tool. Quantum computing stocks are shares in publicly traded companies that focus on the research, development, or commercialization of quantum computing technologies—ranging from quantum hardware manufacturers to software developers and service providers. By investing in these equities, shareholders gain exposure to a nascent field that leverages principles like superposition and entanglement to tackle complex computational problems more efficiently than classical computers. However, the industry’s early stage means these stocks carry significant technical, regulatory, and market uncertainties. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days.

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.

NYSE IONQ traded up $1.64 on Friday, reaching $46.48. The company's stock had a trading volume of 25,683,520 shares, compared to its average volume of 20,290,809. The firm has a market cap of $12.16 billion, a PE ratio of -31.19 and a beta of 2.55. The business has a 50-day moving average price of $40.70 and a 200 day moving average price of $34.05. IonQ has a 52 week low of $6.22 and a 52 week high of $54.74.

Read Our Latest Research Report on IONQ

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.

NYSE QBTS traded down $0.37 on Friday, reaching $18.87. The company's stock had a trading volume of 51,964,352 shares, compared to its average volume of 49,710,280. The firm has a market cap of $5.51 billion, a PE ratio of -31.45 and a beta of 1.40. The business has a 50-day moving average price of $15.84 and a 200 day moving average price of $9.97. D-Wave Quantum has a 52 week low of $0.75 and a 52 week high of $19.77. The company has a current ratio of 20.73, a quick ratio of 20.61 and a debt-to-equity ratio of 0.15.

Read Our Latest Research Report on QBTS

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.

NASDAQ:RGTI traded up $0.02 on Friday, reaching $17.16. The stock had a trading volume of 56,342,411 shares, compared to its average volume of 61,005,606. The company has a market capitalization of $4.98 billion, a P/E ratio of -24.51 and a beta of 1.43. Rigetti Computing has a 1-year low of $0.66 and a 1-year high of $21.42. The stock has a fifty day moving average price of $12.43 and a 200-day moving average price of $11.08.

Read Our Latest Research Report on RGTI

Quantum Computing (QUBT)

Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.

NASDAQ:QUBT traded down $0.26 on Friday, reaching $19.51. The stock had a trading volume of 22,024,962 shares, compared to its average volume of 23,419,239. The company has a market capitalization of $3.08 billion, a P/E ratio of -40.64 and a beta of 3.96. Quantum Computing has a 1-year low of $0.53 and a 1-year high of $27.15. The stock has a fifty day moving average price of $15.79 and a 200-day moving average price of $10.84.

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Booz Allen Hamilton (BAH)

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.

Shares of BAH stock traded up $0.42 during trading hours on Friday, reaching $109.27. 1,105,824 shares of the company were exchanged, compared to its average volume of 1,819,458. Booz Allen Hamilton has a fifty-two week low of $98.95 and a fifty-two week high of $190.59. The stock's fifty day moving average is $108.80 and its two-hundred day moving average is $115.32. The company has a market cap of $13.57 billion, a price-to-earnings ratio of 15.07, a P/E/G ratio of 1.70 and a beta of 0.48. The company has a debt-to-equity ratio of 3.90, a current ratio of 1.79 and a quick ratio of 1.79.

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