IonQ Falls 7%, D-Wave Dives 8%, Rigetti and Quantum Computing Inc. Plunge 9%: Quantum Stocks Crash on Profit-Taking - 24/7 Wall St.

IonQ (NYSE:IONQ | IONQ Price Prediction) shares are down roughly 7%, D-Wave Quantum (NYSE:QBTS) stock is off 8%, and shares of Rigetti Computing (NASDAQ:RGTI) and Quantum Computing (NASDAQ:QUBT) are dropping 10%. No single company-specific catalyst is driving the move. All four names reported earnings over the past two weeks with strong revenue growth and bullish commentary, fueling a sector rally that now appears to be unwinding. Even IonQ, which entered today up 20.1% over the past month and up 15.8% year to date, is selling off alongside weaker peers like D-Wave and Rigetti. The one-year picture remains constructive. IonQ shares were up 59.7% over the past year, D-Wave Quantum up 84.5%, Rigetti up 54.7%, and Quantum Computing up 13.7%. Today’s drawdown trims those gains but doesn’t break the longer-term uptrend. Profit-Taking After a Hot Run Technical readings support the profit-taking thesis. IonQ’s 14-day RSI peaked at 77.95 on April 20 and spent seven consecutive sessions in overbought territory before fading to 58.58 by May 15. Quantum Computing’s RSI hit 71.09 on May 12 before dropping to 56.61 three sessions later, a rapid momentum reversal. D-Wave’s RSI collapsed from 66.09 on May 11 to 50.19 by May 15, consistent with today’s weakness. Rigetti’s RSI slid from 63.88 on May 11 to a neutral 49.99 by May 15. With each name shedding overbought conditions in lockstep, today’s price action reflects coordinated risk-off across the quantum basket rather than idiosyncratic moves. IonQ’s Moving Average Convergence Divergence (MACD) histogram peaked at 0.83 on May 12 before contracting to 0.41 by May 15. That’s a classic sign that bullish momentum is fading even as the MACD line remains above its signal. Earnings Were Mostly Strong IonQ reported Q1 2026 revenue of $64.67 million, up 755% year over year and raised full-year guidance to $260 million to $270 million. CEO Niccolo de Masi called it the “fourth consecutive quarter of record-breaking results.” D-Wave disclosed Q1 2026 revenue of $2.86 million, down 81% year over year against a tough prior comp, but bookings surged 2,000% to $33.4 million. The company closed its acquisition of Quantum Circuits and has an Investor Day scheduled at the NYSE on June 1. SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. DISCLOSURE: Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Receive a minimum of $15. Probability of member receiving $3,000 is a probability of 0.026% If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Percentages for the $3,000 are subject to decrease. See full terms and conditions. INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation. Rigetti revealed Q1 2026 revenue of $4.4 million, nearly tripling year over year, with a non-GAAP loss of $0.04 per share and a $569 million cash position. Quantum Computing posted Q1 2026 revenue of $3.69 million, up 5,950% and beat EPS estimates. Competitive Overhang and Valuation Reset Quantinuum is reportedly preparing an IPO, introducing a better-capitalized pure-play competitor to public markets. Infleqtion is also moving toward a public listing. Big-tech incumbents pose a bigger long-term threat, operating their own quantum hardware programs with vastly larger R&D budgets than these pure-plays can field. Valuation concerns persist with these quantum computing stocks. For example, Rigetti trades at a price-to-sales ratio of 592x and D-Wave trades at 606x, leaving little margin for execution slippage. D-Wave holds $588.4 million in cash following capital raises, while Rigetti holds $569 million with no debt. That liquidity buys runway, yet each stock-funded spending round dilutes existing shareholders, a recurring complaint among quantum investors. What to Watch D-Wave’s Investor Day on June 1 is the next scheduled catalyst, and any roadmap or commercial update could reset sentiment. Watch for whether IonQ stabilizes by the close. Analyst sentiment remains constructive. IonQ carries an average price target of $66 against 11 buy or strong buy ratings, D-Wave’s consensus sits at $35 with 13 buy or strong buy calls, Rigetti’s target is $29, and Quantum Computing’s is $18. Prudent investors may want to size positions modestly here. The long-term quantum thesis is intact and the named pure-plays have real technical IP, yet cash burn, dilution, and incumbent competition are durable risks that won’t resolve in a single trading session. Want Up To $1,000? SoFi Is Giving New Active Invest Users Free Stock Looking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus.  DISCLOSURE: Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Receive a minimum of $15. Probability of member receiving $3,000 is a probability of 0.026% If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Percentages for the $3,000 are subject to decrease. See full terms and conditions. INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.