I strongly belive in quantum technology and I am willing hold for a long time.

``` The deep research logic is organized as follows: Okay, let's tackle this question. The user is a long-term investor who strongly believes in quantum technology and is willing to hold for a long time. They currently own 120 shares of D-Wave (QBTS) with an average price of $14.30 and are considering whether to hold or sell. They also mentioned owning Archer Aviation but are concerned about its volatility and early-stage risks, which makes me think they might be looking to rebalance their portfolio towards more stable or growth-oriented quantum stocks. First, I need to review the provided references to gather relevant data on quantum computing companies. The user is interested in the long-term, so I should focus on companies with strong fundamentals, growth potential, and strategic positioning. The key references mention several companies: D-Wave (QBTS), IonQ (IONQ), Rigetti (RGTI), and Quantum Computing Inc. (QUBT). Looking at the financials, D-Wave reported a 509% revenue growth in Q1 2025, which is impressive. However, they have a high net loss and are heavily reliant on quantum annealing, which might face competition from gate-based systems like those from IonQ and IBM. IonQ, on the other hand, has a more diversified approach with trapped-ion technology and partnerships with major cloud providers. Their revenue growth is also strong, though not as high as D-Wave's. Rigetti is another player with a focus on superconducting qubits and vertical integration, but they face significant competition and have high burn rates. The user's profile mentions they prefer long-term investments and are considering reducing Archer Aviation shares. This suggests they might be looking to increase their exposure to quantum computing for growth. However, they are concerned about the volatility and performance of QBTS. I need to compare the key metrics of the top quantum companies. D-Wave has the highest revenue growth but also the highest net loss. IonQ has a more balanced approach with partnerships and a clear roadmap. Rigetti is still in the early stages with significant R&D expenses. The market cap and cash positions are also important factors. D-Wave has a smaller market cap but more cash on hand, while IonQ has a larger market cap and partnerships that could drive future growth. The user's concern about QBTS's performance might stem from its high volatility and competition from gate-based systems. They might be looking for a more stable quantum stock or one with a different technological approach. However, since they strongly believe in quantum tech, holding QBTS makes sense if they can tolerate the risk. Alternatively, diversifying into IonQ could provide exposure to a different technology with potential long-term growth. I should structure the answer by first presenting the conclusion, then the detailed analysis with tables comparing the companies, and finally a recommendation based on the user's profile. The tables should include metrics like revenue growth, market cap, cash position, and key risks. The visualization requirement needs to be addressed by including the appropriate query visualizations after the relevant sections. Also, considering the user's interest in long-term holding, the analysis should highlight the companies' strategic advantages, partnerships, and market potential. The conclusion should reassure the user that holding QBTS is viable but also suggest diversification into other quantum stocks for a balanced portfolio. ``` ### 🌟 **Final Answer** 🌟 **Top Quantum Computing Companies for Long-Term Hold** Based on proprietary data, market momentum, and strategic positioning, **D-Wave Quantum (QBTS)** and **IonQ (IONQ)** are the most promising long-term bets in the quantum computing sector. Here’s why: --- ### 📊 **1. D-Wave Quantum (QBTS): The Market Leader** **Why Hold?** - **Revenue Surge**: QBTS reported a **509% YoY revenue growth** in Q1 2025, driven by quantum annealing adoption in logistics and AI . - **Strategic Partnerships**: Collaborations with **Lockheed Martin**, **NASA**, and **DARPA** validate its enterprise demand . - **Funding Strength**: Post a **$400M ATM offering**, QBTS has **$815M in cash** to fuel R&D and commercialization . - **Risks**: High dilution (recent stock sales) and competition from gate-based systems (e.g., IonQ, IBM) . **Key Metrics**: | Metric | Value (2025) | |-----------------------|------------------------| | Revenue Growth | +509% YoY (Q1 2025) | | Market Cap | $2.96B | | Cash Position | ~$815M | --- ### 📊 **2. IonQ (IONQ): The Pure-Play Innovation** **Why Hold?** - **Technology Edge**: IonQ’s trapped-ion architecture offers **99.9% qubit fidelity** and operates at **room temperature**, making it more practical for real-world applications . - **Strategic Partnerships**: Integrated with **AWS, Azure, and Google Cloud**, IonQ is a **full-stack quantum provider** with a $10B market cap . - **Growth Catalysts**: Recent acquisitions (e.g., Oxford Ionics, Lightsynq) and partnerships (e.g., SK Telecom, Einride) expand its **global footprint** . - **Risks**: High valuation-to-revenue ratio (-47.39 P/E) and reliance on government contracts . **Key Metrics**: | Metric | Value (2025) | |-----------------------|------------------------| | Revenue Growth | +77% YoY (2025) | | Market Cap | $10.07B | | Cash Position | ~$700M | --- ### 📊 **Why These 2?** - **Long-Term Potential**: Both companies are **early-stage leaders** with a **$87B+ TAM** by 2035 . - **Diversification**: QBTS focuses on **enterprise applications** (logistics, AI), while IONQ excels in **hardware/software integration** . - **Risk Management**: Hold QBTS for **market leadership** and IONQ for **technology differentiation** . --- ### 📊 **Conclusion** For a **long-term portfolio**, **QBTS** is the **higher-growth, higher-risk** pick, while **IONQ** offers **stability and innovation**. Given your belief in quantum tech and existing QBTS exposure, **hold 70-80% of your position** in QBTS for its **near-term commercial potential** and **allocate 20-30% to IONQ** for **diversification**. This mix balances **risk** and **reward** in the quantum race. 🚀 Query |code|stock code|stock name|Last Price|Last Change|Current Rating (Original)|Rating Date|market_code| |---|---|---|---|---|---|---|---| |WOLF|WOLF.N|Wolfspeed|0.79|98.094283|Overweight|20250509|169| |HIVE|HIVE.O|HIVE Digital|2.07|15|Overweight|20250627|186| |CMPS|CMPS.O|COMPASS Pathways|3.16|12.857142999999999|Overweight|20250527|185| |ARRY|ARRY.O|Array Technologies|6.64|12.542373000000001|Overweight|20250620|185| |FDMT|FDMT.O|4D Molecular|4.15|11.859838|Overweight|20250509|185| |RUN|RUN.O|Sunrun|9.04|10.513447|Overweight|20250625|185| |LVS|LVS.N|Las Vegas Sands|47.38|8.894507|Overweight|20250424|169| |LVS|LVS.N|Las Vegas Sands|47.38|8.894507|Overweight|20250422|169| |WYNN|WYNN.O|Wynn Resorts|101.96|8.850219|Overweight|20250623|185| |WYNN|WYNN.O|Wynn Resorts|101.96|8.850219|Overweight|20250422|185|