Quantum computing stocks have been one of the most volatile sectors in the market. After a massive rally in late 2024, the sector saw a sharp pullback in January 2025 following Nvidia CEO Jensen Huang’s comments downplaying the near-term potential of quantum technology.
Despite the sector’s rough start to 2025, we’ve seen signs of life. Microsoft’s recent announcement about its breakthrough in quantum computing microchips has reignited interest, and D-Wave (NYSE: QBTS) announced a quantum computer sale to a European supercomputing center.
Now, IonQ (NYSE: IONQ) just reported earnings, giving traders another reason to focus on this space.
- Q4 revenue: $11.7 million (vs. $10.3 million expected)
- IONQ stock dropped from nearly $30 to a low of $26.69 after the report
- Other quantum stocks saw sympathy moves on a broader sector pullback
This sector has been a trader’s paradise, offering massive spikes and equally violent crashes. These moves create opportunities if you trade with a plan and don’t get caught chasing.
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Here are the top quantum computing stocks to watch this week …
1. IONQ Inc (NYSE: IONQ) — The Quantum Computing Stock With the Disappointing Earnings Win
IONQ has been one of the biggest movers in the sector. In late 2024, it surged from $21 to $54 before pulling back.
Now, after posting better-than-expected earnings, traders are still running for the exits.
At times like this, it pays to keep Warren Buffett’s advice in mind: “Be fearful when others are greedy and greedy when others are fearful.”
There’s also my advice—watch for the bounce.
- Why traders are watching IONQ:
- One of the biggest names in quantum computing
- Q4 revenue beat expectations but failed to spark a post-earnings rally
- Dropped nearly 50% from January highs, now trading around a key support zone
If the sector gets hot again, IONQ is likely to lead the charge. But if it keeps fading, shorts may press their bets. Either way, expect volatility.
2. Rigetti Computing Inc (NASDAQ: RGTI) — The New Quantum Computing Sector Leader
RGTI took a hit when Nvidia’s CEO downplayed quantum computing, but it was the first stock to bounce in the sector, making it the current sector leader.
The recent Microsoft quantum chip news was another potential catalyst, but the stock hasn’t fully regained momentum yet.
- Why traders are watching RGTI:
- Showed strength after the January selloff while other quantum stocks struggled
- Microsoft’s quantum chip breakthrough could be a bullish long-term signal
- Still has a history of big spikes on news
If the sector heats up, traders may rotate back into RGTI. Watch for volume spikes.
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3. Quantum Computing Inc (NASDAQ: QUBT) — The Short Report Quantum Computing Stock
QUBT went parabolic in late 2024, spiking 1,800%* before collapsing. It’s still one of the most-watched names in the sector.
The January short report calling QUBT a “rampant fraud” triggered a brutal selloff. But stocks with this kind of history can still bounce hard on momentum.
- Why traders are watching QUBT:
- Massive price swings—spiked 50% in a single day in January
- One of the most shorted quantum stocks (squeeze potential)
- Low float + sector momentum = potential explosive moves
This is a stock that thrives on hype—whether it’s good or bad. If quantum computing gets attention again, QUBT could move fast.
4. D-Wave Quantum Inc (NYSE: QBTS) — The New Order Quantum Computing Stock
QBTS made headlines on February 19 when it announced that it had sold a quantum computer to the Julich Supercomputing Centre in Germany.
- Why traders are watching QBTS:
- Rallied 30% on the quantum computer sale announcement
- Low float means it can spike on news
- Microsoft’s quantum chip announcement is another potential catalyst
This stock moves fast when news drops, making it a solid candidate for short-term trades.
* Past performance isn’t indicative of future results.
Final Thoughts
Quantum computing stocks are in a critical spot right now. The massive hype rally from late 2024 has cooled, but recent news—including Microsoft’s quantum chip breakthrough and D-Wave’s quantum computer sale—suggests that this sector isn’t done yet.
- IONQ is the biggest name in the space, but earnings didn’t spark a rally.
- RGTI is the current sector leader after bouncing off lows.
- QUBT is still a short-squeeze candidate after getting hit with a short report.
- QBTS spiked on news and could keep running if quantum gets hot again.
Past spikers can spike again. If the quantum sector regains momentum, expect big moves in these stocks.
This is a market tailor-made for traders who are prepared. Quantum computing penny stocks thrive on volatility, but it’s up to you to capitalize on it. Stick to your plan, manage your risk, and don’t let FOMO drive your decisions.
These opportunities are fast and unpredictable, but with the right strategy, you can make them work for you.
If you want to know what I’m looking for—check out my free webinar here!
Are you trading quantum stocks? Drop a comment and let me know which ones you’re watching!
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