Alphabet recently made breakthroughs with its Willow chip that caused shares of quantum computing stocks Rigetti and D-Wave to soar. Many industry experts estimate useful quantum computing is one or two decades away,

Trapped-ion quantum computing leader IonQ (NYSE: IONQ) is emerging as a potential leader in the commercialization of quantum computing through its trapped-ion technology approach. Unlike traditional superconducting quantum competitors,

Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away.

Based on the forecast of one Wall Street analyst, two of the hottest quantum computing stocks could plummet by 54% and 80%, respectively. History, utility, and operating performance are all headwinds for high-flying quantum computing stocks.

Quantum computing was one of the hot trends of the past few months as stocks have doubled or more following Alphabet's (NASDAQ: GOOG) Willow announcement. Investors looking for any way to play the quantum computing space have pushed microcap stocks into the stratosphere.

Many quantum computing stocks have risen well above Wall Street's price targets, but this one still has room to climb.