When 74% of merchants on X say they consider quantum computing shares are in a bubble… it’s most likely value paying consideration.
That was the query Twitter Tom posed throughout our newest Market on Shut livestream — and when Senior Market Strategist John Rowland pulled up the info, his verdict was clear:
“Yeah, I feel that is undoubtedly a bubble.”
Let’s unpack why John says so — and which different corners of the market could also be displaying the identical warning indicators.
Quantum computing shares have exploded in 2024–2025, with names like IonQ (IONQ), Rigetti Computing (RGTI), and Quantum Computing (QUBT) main the pack.
John sorted Barchart’s Quantum Computing Shares watchlist by 52-week proportion good points — and the numbers have been jaw-dropping:
Some are up 1,000% to over 3,000% in only a 12 months.
However do the basics match these multibagger returns?
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IonQ made roughly $50 million in income final 12 months however misplaced $170 million.
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Rigetti pulled in about $11 million, dropping over $200 million.
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D-Wave Quantum (QBTS) raked in $22 million, whereas dropping $167 million.
“These are firms with large money burn,” John notes, “and their merchandise — or scalable profitability — would possibly nonetheless be a decade away.”
That’s a recipe for volatility. After a 16% spike on Monday, Oct. 13, IonQ has dropped roughly 27% from these highs within the ensuing periods.
“That type of value motion,” John notes, “is bubblicious.”
John identified that this speculative euphoria isn’t remoted. He’s seeing it ripple by means of different “next-gen” sectors — like uncommon earth metals, drone shares, and battery tech microsectors.
Take Lithium Americas (LAC), an organization he personally owns. After back-to-back good points of 12% and 19%, it gave almost all of it again inside three buying and selling periods.
“It’s not simply quantum,” John says. “It’s uncommon earths, it’s batteries, Wi-Fi, drones… the checklist goes on.”
The sample is similar: big spikes, then fast reversals.
This isn’t the primary time we’ve seen a “micro-bubble” cycle like this. From electrical automobiles (EVs) in 2021 to synthetic intelligence (AI) in 2023, speculative pockets of the market are likely to inflate shortly when liquidity is powerful and narratives are scorching.
