Simply Wall St Names 3 Quantum Stocks, Led by IonQ’s $14.7 Billion Market Cap
Updated
Updated · Simply Wall St · Jul 16
Simply Wall St Names 3 Quantum Stocks, Led by IonQ’s $14.7 Billion Market Cap
3 articles · Updated · Simply Wall St · Jul 16
Summary
Simply Wall St’s latest quantum stock screen singled out IonQ, Western Digital and D-Wave Quantum as its three top picks for investors seeking growth beyond inflation and rate-driven themes.
IonQ led the list with $187.1 million in revenue, $3.1 billion in liquidity and a push toward 256-qubit systems, though the report flagged its high valuation, expected earnings declines and past shareholder dilution.
Western Digital was included for its $11.8 billion storage business and ties to all five top hyperscalers, with quantum-resistant data protection work offset by customer concentration, insider selling and share volatility.
D-Wave made the cut on $33.4 million in record bookings and more than 100 revenue-generating customers, even as it remains lossmaking after posting $2.86 million in quarterly revenue and an $18.36 million loss.
The report framed the three names as entry points into a broader 26-stock quantum watchlist spanning hardware, software and security plays tied to emerging commercial uses.