Quantum computing stocks continued to sell off Thursday, leaving Quantum Computing (QUBT) as the only U.S.-listed quantum name still holding a Buy rating despite the sector-wide retreat, according to Seeking Alpha’s Quant system.
Amid a wider de-risking across growth stocks, particularly software, Quantum Computing (QUBT) shares dipped 2.1% in late morning trading, bringing its year-to-date loss to about 19%. Quantum peers IonQ (IONQ) slid 2.5% at 10:31 a.m. ET, D-Wave Quantum (QBTS) -3%, Rigetti Computing (RGTI) -6.5% and Arqit Quantum (ARQQ) -4.2%.
QUBT is the only Quant-rated Buy in the group, while IONQ and RGTI carry Strong Sell ratings, and QBTS and ARQQ are rated Hold.
With investors broadly pulling back from highly speculative tech—as growing prospects for higher-for-longer interest rates drive a rotation into value—quantum stocks are down double digits year-to-date.
Quantum computing stocks YTD price returns (Seeking Alpha) 