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Institutions Turn Sour on Pure‑Play Quantum Stocks as Safer Plays Gain Attention

Analysts still project large long‑term value even with mainstream use years away.

Overview

  • Institutional investors and hedge funds delivered a decisively negative signal to shareholders of IonQ, Rigetti Computing, and D‑Wave Quantum, reversing earlier enthusiasm.
  • Pure‑play quantum names posted extreme trailing‑12‑month gains before the pullback, including a mid‑October surge of more than 6,200% for Rigetti, underscoring volatility.
  • Forecasts cited in the coverage peg quantum’s potential at $450 billion to $850 billion in economic value by 2040, with some estimates reaching up to $1 trillion by 2035.
  • IBM is presented as an established pathway into quantum thanks to a decade of development, progress against its published roadmap, and a stated goal of a fault‑tolerant system by decade’s end.
  • Cybersecurity vendor Zscaler is marketing post‑quantum cryptography offerings, with PQC framed as an opportunity exceeding $300 billion within a decade.