In the first quarter of 2026, quantum computing stocks D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) experienced significant declines, with QBTS falling 44.9% and RGTI down 36.7%, amidst a risk-off market environment. This trend was influenced by elevated interest rates, inflation concerns, and a low appetite for speculative growth stocks.
However, both companies saw a rebound in April, with QBTS rising 26.6% and RGTI increasing by 14.5%. This shift is attributed to improving investor sentiment driven by advancements in artificial intelligence and ongoing government initiatives supporting quantum technology, rather than macroeconomic changes.
Looking ahead, D-Wave is expected to report first-quarter earnings on May 12, with projections of $5 million in revenue, while Rigetti will report on May 11, estimating revenues of $3.3 million. Both companies have initiated strategies focusing on commercialization and partnerships to enhance their market positions in 2026.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
