Which quantum computing stock is most favored by Wall Street? D-Wave vs IonQ vs Rigetti

The three giants of Quantum Computing have all fallen over 50% this year, but Wall Street is actually buying in more.

Latest data shows:

D-Wave Quantum — Analysts are the most optimistic. 9 out of 10 analysts give a “buy” or “strong buy”, with a target price increase potential of 85%.

IonQ — 6 out of 9 analysts are optimistic, with a target price increase of 72%. Utilizes trap ion technology, with low cooling requirements and high error correction rate.

Rigetti Computing — 6 out of 7 analysts are bullish, with a target price increase of 74%. Its Cepheus-1-36Q is the world's largest multi-chip Quantum Computing.

The three technical routes are different: D-Wave uses Quantum Computing annealing (for specific applications), IonQ uses rare earth metal ion architecture, and Rigetti uses superconducting qubits.

Interestingly, Microsoft is also laying out a topology superconductor plan, with analysts 57/58 being optimistic, and the target price increasing by 31%. Although Quantum Computing Inc has fewer analysts covering it (only 3), the target price reflects an upside potential of 130%.

Conclusion: The quantum computing sector is still in its early stages, and these three companies each have their own strengths. Ultimately, who will prevail depends on technological advancement and commercialization progress.