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Shares in the five most prominent quantum computing companies are rising today despite a larger market pullback. The stock price jump in the companies controlling the nascent technology comes after three of the companies secured hundreds of millions in funding from the U.S. government.
Quantum Computing's Q2 revenues jump to $5.6 million, but rising expenses and continued losses keep profitability a key concern despite ample liquidity.
Quantum Computing is betting on higher production volumes and scalable manufacturing as rising costs and gross losses weigh on profitability.
The argument for quantum computing investors is largely focused on hardware, as companies race to achieve increasingly impressive qubit counts and error rates. Although technologies are still largely untested in commercial applications, there is also a great deal of debate over which architecture—from annealing to trapped-ion and more—is most promising.
During roughly 74% of days in 2026 when the tech sector broadly declined, quantum computing stocks fell harder than Nasdaq-100. IonQ, Rigetti Computing, and D-Wave Quantum are trading at extremely high forward sales multiples.
Bank of New York Mellon Corp bought a new stake in Quantum Computing Inc. (NASDAQ: QUBT) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 1,975,697 shares of the company's stock, valued at approximately $19,164,000. Bank of New York Mellon Corp owned about 0.88% of Quantum
QUBT and QBTS both face post-earnings weakness, but stronger revenue growth, liquidity and lower valuation give QUBT an edge.
HOBOKEN, N.J., Aug. 31, 2026 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), a vertically integrated quantum company pioneering photonics and semiconductor manufacturing, today announced that Dr. Yuping Huang, Chief Executive Officer and Chris Roberts, Chief Financial Officer, will participate in the Lake Street Capital Markets 10th Annual Best Ideas Growth (Big10) Conference being held on September 10 at the Metropolitan Club in New York City.