The company also announced that third-quarter 2024 revenue stood at $12.4 million, up 102% on a year-to-year basis. With momentum on its side, ample cash reserves and some heavy hitters in its corner, IonQ is rolling strong into 2025, and shareholders may want to roll with it.

IonQ has demonstrated stronger commercial traction, with third-quarter 2024 revenue reaching $12.4 million, representing 102% year-over-year growth. The company secured $63.5 million in new bookings, including a landmark $54.5 million contract with the U.S. Air Force Research Lab to develop networked quantum systems.

We recently compiled a list of the 10 Best Quantum Computing Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Rigetti Computing, Inc.

Rigetti Computing has rallied over 300% last year and has established great partnerships and made interesting breakthroughs. Find out why RGTI stock is a Buy.

D-Wave Quantum is the first company to deploy quantum computers in production environments. The company's quantum annealing systems specialize in optimization problems, with real-world applications ranging from network performance and drug discovery to logistics and resource allocation.

D-WAVE QUANTUM QBTS shares have outperformed the Zacks Computer & Technology sector and its peers International Business Machines IBM and Rigetti Computing RGTI in the year-to-date period. While QBTS has surged 470.