Four pure-play quantum computing stocks, IonQ, Rigetti Computing, D-Wave Quantum and Quantum Computing Inc., have gained between 154% and 1,180% over the two years to Oct. 16. Form 4 filings over the past five years show insiders have been decisive net sellers, with net sales of $1.02 billion across the group since Oct. 16, 2021, while insider purchases totaled under $4.3 million. The author notes that tax-related or diversification sales are normal, but the near absence of insider buying is a warning sign. The stocks trade well above 30 times trailing 12-month sales, a level the article says has historically flagged bubbles.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
quantum computinginsider tradingvaluationtech stocks
Open a keyword to see other news on the same topic.
Related news
- If I Could Only Buy 1 Quantum Computing Stock With $1,000, It Would Be This One.
The author says that if limited to $1,000 for quantum computing, IonQ would be the pick, though as a speculative holding within a diversified portfolio. The technology could greatly speed up computing, but fragile qubits and high error rates mean widespread commercial use may be years away. IonQ uses trapped-ion technology, offers quantum-as-a-service, and partners with Nvidia; its first-half 2026 revenue rose 412%, yet free cash flow was negative $273 million, against about $2.1 billion in liquidity. The article calls its valuation, at 44 times price-to-sales, poorly aligned with its financial condition. It also warns the sector may face a shakeout like early internet search, putting smaller peers such as Rigetti and D-Wave at risk.
- Prediction: IonQ Could 10x by 2035
The author argues IonQ, with a $12 billion market cap, could rise tenfold to about $120 billion by 2035 if quantum computing takes off. IonQ's trapped-ion approach holds the world record in two-qubit gate fidelity, and its 256-qubit quantum computer, expected in early 2027, has already drawn several orders. The company also closed its SkyWater acquisition for chip fabrication and bought cybersecurity platform Elisity, though it is currently unprofitable. Reaching $120 billion at 10 times sales would require about $12 billion in annual revenue, versus just over $800 million analysts project for next year. The article cites industry expectations of viable commercial quantum computers around 2029 and McKinsey's projection of up to $72 billion in annual industry revenue by 2035, but notes there is no guarantee IonQ will succeed.
- Apple stock staged a rally to $5T "that no one liked": Melius
Melius Research says Apple's rally to a $5 trillion market value has been the 'most disliked rally in history,' but believes gains can continue despite hedge fund concerns about memory costs, services headwinds and high valuation. The stock trades at 36 times next-12-month EPS and is up 26% year to date, outperforming Amazon, Alphabet, Meta, Tesla and Nvidia. Melius reiterated its Buy rating and $370 price target ahead of earnings on Nov. 2, seeing room for the target to move higher. It highlighted new CEO John Ternus's push to broaden the product lineup, including a HomeView device with a robotic arm in 2027, camera-equipped AirPods and a redesigned iPhone for the device's 20th anniversary.
- Broadcom (AVGO) Went Nowhere for a Year. Analysts Think It Is Worth 50% More
Broadcom (AVGO) closed at $344.33 on October 15 after returning -13.59% over six months, even though revenue in the latest quarter rose 85.5% and earnings grew 216.1% year over year. Most of that growth comes from custom chips designed for large technology companies, which are sticky because customers cannot switch suppliers without restarting engineering, while infrastructure software is a smaller business acquired through deals. Per CNN, analysts' median target sits 52.47% above the current price, while the stock is down 1.43% over twelve months. The article flags concentration risk, since the custom chip business depends on a few very large customers able to bring the work in-house, and notes a trailing P/E of 46.50x.
- Synchronoss Technologies ( NASDAQ : SNCR ) vs . SAP ( NYSE : SAP ) Head - To - Head Comparison
This MarketBeat comparison pits SAP, a Walldorf-based enterprise software provider, against Synchronoss Technologies (SNCR), a provider of cloud, messaging and network management solutions. SAP has higher revenue and earnings, while Synchronoss trades at a lower price-to-earnings ratio. The analyst consensus target for SAP is $264.71, implying 18.08% upside, and the article concludes SAP beats Synchronoss on 11 of 15 compared factors. Insiders hold 7.3% of SAP and 19.9% of Synchronoss, while institutions hold 51.7% of Synchronoss; SAP's beta is 1.13 versus 1.41 for Synchronoss.
- UBS resets Microsoft stock price target for investors
Related markets
Latest news
- Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Bitcoin slipped 0.5% to around $81,400, even though U.S. spot bitcoin ETFs drew $526.6 million on Monday, their largest daily inflow in nearly a month. South Korea's Kospi fell 3.73% to its lowest close since April 7 as SK Hynix and Samsung Electronics dropped on renewed concerns over AI spending. On Deribit, puts outtraded calls by more than two to one, with a bearish skew across expiries, showing traders paying for downside protection. Ether fell 0.9% to near $2,385 and the DeFi index (DFX) lost 1.2%. Bitcoin open interest on Coinalyze fell to $27.4 billion, while CoinGlass tallied $155.1 million in liquidations over 24 hours.
- The Federal Reserve Just Warned More Rate Hikes Are Likely Coming. History Has Good and Bad News for Investors
The S&P 500 has climbed roughly 100% since the start of 2023, driven by enthusiasm for AI and growth stocks, but oil-driven inflation has become a headwind. The Fed raised its federal funds rate by a quarter point to 3.75%–4% last month, its first hike in three years, and its minutes warned that another increase is likely. CME FedWatch shows a probability above 88% of a rate increase at the December meeting. The article notes that higher rates can pressure corporate earnings and consumer spending, but history shows the index has typically recovered and gained afterward, and the author argues high-rate periods can present buying opportunities.
- Holding nearly VND 7,800 billion in cash yet borrowing over VND 4,000 billion: What does Coteccons say about 'keeping money stashed away'?
At Coteccons' (HoSE: CTD) 2026 annual general meeting, a shareholder questioned why the company keeps nearly VND 7,800 billion in cash and deposits while still borrowing over VND 4,000 billion in short-term loans. Deputy CFO Nguyễn Hồng Sơn said the company aims for a safer capital structure, combining short-term loans with VND 1,400 billion in bonds and long-term bank loans, raising the long-term capital share to about 30% and then 60-70%, while building a transparent financial profile to raise capital when needed. On foreign ownership, Coteccons has completed raising the cap to 50% and expects to reach 100% in 2026. For fiscal 2026, net revenue reached VND 34,340 billion (up 38%), after-tax profit VND 788 billion (up 73%), and backlog about VND 70,000 billion.
- Transfer pricing and tax evasion: Raising the filing threshold from VND 200 billion to VND 500 billion – Not every 'transfer pricing' is 'tax evasion'
The Quốc Dân Hiểu Thuế programme, broadcast on October 11, 2026, proposed raising the revenue threshold for exemption from related-party transaction filing from under VND 200 billion to under VND 500 billion, and clarified that transfer pricing is not the same as tax evasion. According to Tô Kim Phượng of the Tax Department, transfer pricing becomes improper only when related-party dealings do not follow market prices and reduce the tax payable. Bùi Ngọc Tuấn of Deloitte Vietnam noted that companies below the threshold must also have no intangible asset transactions within their group and meet net profit margins of 10% for manufacturing, 15% for processing and 5% for distribution. Exemption from filing documentation does not exempt companies from declaring related-party information under Appendix 1 of Decree 132. If documents are deemed unreasonable, tax authorities may set the profit margin and collect additional tax plus a 20% penalty on the amount assessed.
- One individual raises stake in An Gia Real Estate to 6.8%
Ms. Nguyễn Thị Ngọc Lợi has bought AGG shares in five trades since early October 2026, raising her stake from 0% to 6.84% (12.41 million shares). Together with her mother, Nguyễn Thị Nhờ (4.25%), the group holds 20.11 million shares, or 11.09% of An Gia Real Estate. Deputy General Director Nguyễn Mai Giang has registered to buy 3 million AGG shares from October 22 to November 20, 2026, which would lift her stake to 3.14% if completed. Chairman Nguyễn Bá Sáng holds 25.78%, and the related shareholder group holds 33.29% in total. Earlier in October, An Gia also approved pledging 99.978% of Đông Nam's charter capital to VPBank to secure Đông Nam's obligations.
- Live updates: Market jitters persist as the AI selloff deepens
South Korea's KOSPI fell almost 4%, alongside one of the weakest IPO debuts in the country's history, with data centre company Elice tumbling around 30%. The selloff carried into U.S. pre-market trading, where CoreWeave (CRWV) dropped 4%, Cipher Digital fell 2%, IREN lost 3%, and the Invesco QQQ ETF traded lower. Bitcoin held above $81,000, gold slipped almost 1% to just above $4,110 an ounce, Brent and WTI crude each rose 2%, and the iShares 20+ Year Treasury Bond ETF (TLT) gained 0.5% on defensive flows.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.