Quantum computing is hot right now. Shares of pure play quantum computing stocks have been soaring, and the hype train has clearly left the station. Investors should know, however, that quantum computers have never been used to solve a real-world problem faster than a traditional computer and that useful quantum computers could very well be

The stock market roared higher last year, and some of the biggest gainers operate in one specific field: artificial intelligence (AI). The technology promises to revolutionize many industries -- from healthcare to automobiles -- with innovations such as AI-powered medical devices and autonomous driving systems.

Rigetti (RGTI) is dropping 23%, while IonQ (IONQ) is giving back 10% and D-Wave Quantum (QBTS), which disclosed today that it may sell more shares of its stock, is plunging nearly 30%. The sector is dropping sharply again after Meta (META) CEO Mark Zuckerberg suggested that quantum computing would not be “practical” for a long time.

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,

Following tech giants such as Amazon (AMZN) and Nvidia (NVDA), enterprise software major SAP (SAP) has also joined the voices making a case for quantum computing. Sounding bullish about the technology,

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.

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