Wedbush lowered its price target for IonQ to $50 from $75. The firm also reduced its target for Rigetti Computing to $25 from $37 and for D-Wave Quantum to $30 from $37.
Wedbush managing director of equity research Matt Bryson follows each company.
Investing / Technology
IonQ's target fell to $50 from $75; Rigetti Computing's dropped to $25 from $37, and D-Wave Quantum's to $30 from $37.

Wedbush lowered its price target for IonQ to $50 from $75. The firm also reduced its target for Rigetti Computing to $25 from $37 and for D-Wave Quantum to $30 from $37.
Wedbush managing director of equity research Matt Bryson follows each company.
The computer is operating at the University of Chicago’s Hyde Park Labs and is expected to move to the 128-acre Illinois Quantum and Microelectronics Park after construction.
The first deployment combines IBM’s 120-qubit Nighthawk processor with Oak Ridge’s Umbra computing system for planned decoder and software research.
Participants will lead their own experiments using an FCA synthetic dataset. The regulator is accepting registrations of interest through Dec. 31, 2026.