Quantum Computing Stock Plummets Amidst Financial Turmoil

Quantum Computing shares are experiencing a dramatic collapse, with the stock’s valuation plunging nearly 25 percent within a single week. The decline extends to more than 43 percent when measured over the past month, driven by disastrous quarterly results and fundamental valuation concerns.

Despite the company’s financial struggles, its market valuation remains extraordinarily high. The price-to-sales ratio stands at 2,308—approximately 400 times higher than the industry average. Some analytical assessments even indicate a P/S ratio exceeding 9,000.

The company has demonstrated some commercial progress through a NIST contract for photonic chips, deliveries to TU Delft, and a sale to an automotive manufacturer. These developments represent initial steps toward commercialization, but Read more...