Quantum Computing Stocks: IonQ Surges Ahead of Rigetti Computing

IonQ's third-quarter revenues soared 222% YoY to $39.9 million, beating the upper end of guidance. The company raised its FY25 revenue outlook to $106-$110 million and has achieved 99.99% two-qubit fidelity. Rigetti Computing's revenues fell 18% YoY to $1.95 million, with a 30-point drop in gross margin and an expanded operating loss. IonQ has a strong commercial momentum and is a better pick for long-term investors.