Quantum Technology Has Arrived: What's Ahead for IonQ, D-Wave, and Rigetti Stocks?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2025
0mins
Source: Barron's
Quantum Computing's Future: The focus has shifted from questioning the feasibility of quantum computing to anticipating its timeline for practical implementation.
Technological Advancements: Ongoing advancements in quantum technology suggest that significant breakthroughs are on the horizon, making it a matter of time before quantum computing becomes mainstream.
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Analyst Views on HON
Wall Street analysts forecast HON stock price to rise
15 Analyst Rating
8 Buy
6 Hold
1 Sell
Moderate Buy
Current: 221.750
Low
195.00
Averages
235.07
High
262.00
Current: 221.750
Low
195.00
Averages
235.07
High
262.00
About HON
Honeywell International Inc. is an integrated operating company serving a range of industries and geographies around the world, with a portfolio that is underpinned by its Honeywell Accelerator operating system and Honeywell Forge platform. The Company provides actionable solutions for aerospace, building automation, industrial automation, process automation, and process technology. The Company supplies products, software, and services for aircrafts that it sells to original equipment manufacturers (OEM) and other customers in a variety of end markets. The Company’s portfolio of solutions and services is used in buildings worldwide for fire prevention, controls, access and security. Its offerings serve as the fundamental building blocks of industrial automation. Its sensor technologies and value-added smart edge devices offer connectivity across a variety of sensing and measurement applications. The Company offers a comprehensive portfolio of end-to-end process automation solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Outlook: The company currently has 1,500 preorders for its Valo eVTOL, and while it faces challenges of not generating earnings until 2032, the signing of long-term agreements instills confidence in its future production capabilities.
- Financing Risks: Despite securing up to $850 million in financing to support operations, significant dilution risks for shareholders are anticipated, with projections indicating an increase in share count from 157 million in 2026 to 373 million by 2032.
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- Addressing Workforce Shortage: By incorporating AI-driven features, Experion Cognition enables less experienced operators to effectively manage plants, making predictions in an average of 5 to 10 minutes, significantly alleviating the industrial workforce shortage.
- Setting Industry Standards: According to Dr. Hasan Karam, COO of Borouge International, this solution sets a new industry standard for efficiency and innovation, marking the first implementation of AI-autonomous operations in the petrochemical sector.
- Market Potential Analysis: While Honeywell demonstrates strong potential in automation, analysts suggest that certain AI stocks may offer greater upside potential and lower downside risk, urging investors to evaluate their options carefully.
See More
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- Honeywell's Restructuring: On the same day, Honeywell completed the spinoff of its aerospace division, transforming into a focused automation company; despite the uncertainties that come with spinoffs, it maintained its dividend, appealing to income-seeking investors.
- Amgen's Growth Potential: Amgen announced a 6% increase in its dividend for 2026 while running late-stage trials for its obesity treatment, which could open substantial market opportunities, attracting income investors with its combination of stable dividends and growth potential.
- Chevron's Growth Engine: Chevron raised its dividend by 4% for 2026 and acquired a 30% stake in Guyana's Stabroek Block through the Hess acquisition, ensuring a competitive edge in low-cost growth, although oil price fluctuations remain a risk factor.
See More
Upcoming Earnings Season and Economic Data Insights
- Earnings Preview: The earnings season officially kicks off from July 13 to 17, with major companies like Levi Strauss, PepsiCo, and Delta Air Lines reporting, prompting market focus on consumer spending and inflationary pressures impacting performance.
- Oil Prices and Consumer Spending: Despite a 27% drop in U.S. WTI crude prices over the past month, consumer gas prices have only decreased by 10.5%, which may influence purchasing decisions, particularly for brands like Levi's.
- Service Sector Data Release: This week will see the release of the S&P Global Services PMI and ISM Services PMI, aimed at providing timely insights into business activity in the U.S. services sector, aiding in the assessment of economic health.
- Semiconductor Industry Volatility: The semiconductor sector faced severe selling last week, with the iShares Semiconductor ETF and VanEck Semiconductor ETF nearing their 50-day moving averages, and the market will watch for whether buyers will support a rebound in this sector.
See More
Vertical Aerospace Secures Key Supplier Agreement for Valo eVTOL
- Supply Chain Risk Mitigation: Vertical Aerospace's long-term agreement with Astronics for power distribution systems significantly reduces supply chain risks for its Valo eVTOL, although substantial dilution risk remains due to ongoing cash needs.
- Production Capacity Enhancement: This deal is expected to accelerate development and production, bolstering the company's competitive position in the eVTOL market, despite projections indicating earnings won't materialize until 2032, leading to cautious optimism from the market.
- Enhanced Financing Capability: The company has secured access to up to $850 million in financing, which, while requiring equity issuance to raise cash, provides at least 12 months of financial runway for its operations.
- Shareholder Dilution Risk: Projections indicate that Vertical's share count will rise from 157 million in 2026 to 373 million by 2032, highlighting significant dilution risks for existing shareholders as the company executes its orders.
See More
Vertical Aerospace Signs Long-Term Agreement, Positive Outlook
- Supply Chain Assurance: Vertical Aerospace's long-term agreement with Astronics for power distribution systems ensures the supply for its Valo eVTOL, helping to de-risk the business model and accelerate production, thereby enhancing market competitiveness.
- Market Outlook: The company currently has 1,500 preorders for its Valo eVTOL, and while it faces challenges of not generating earnings until 2032, the signing of long-term agreements instills confidence in its future production capabilities.
- Financing Risks: Despite securing up to $850 million in financing to support operations, significant dilution risks for shareholders are anticipated, with projections indicating an increase in share count from 157 million in 2026 to 373 million by 2032.
- Investor Considerations: As a high-risk stock, Vertical Aerospace is suited for fully committed and patient eVTOL investors, although the ongoing cash needs and potential dilution issues remain critical points of concern.
See More
Honeywell Launches AI Control System for Autonomous Operations
- AI Control System Launch: On June 9, Honeywell unveiled the Experion Cognition platform, which integrates decades of process automation expertise with AI models to optimize production and automate decision-making, thereby enhancing industrial efficiency.
- Addressing Workforce Shortage: By incorporating AI-driven features, Experion Cognition enables less experienced operators to effectively manage plants, making predictions in an average of 5 to 10 minutes, significantly alleviating the industrial workforce shortage.
- Setting Industry Standards: According to Dr. Hasan Karam, COO of Borouge International, this solution sets a new industry standard for efficiency and innovation, marking the first implementation of AI-autonomous operations in the petrochemical sector.
- Market Potential Analysis: While Honeywell demonstrates strong potential in automation, analysts suggest that certain AI stocks may offer greater upside potential and lower downside risk, urging investors to evaluate their options carefully.
See More
Honeywell Reinvents Automation Business Post-Spinoff
- Honeywell Restructuring: Following the spinoff of its aerospace division, Honeywell has refocused on automation, transforming into a company centered on factory automation and energy systems, which is expected to unlock hidden value through capital reallocation, although the uncertainty from the spinoff will take time to settle.
- Amgen Dividend Growth: Amgen raised its dividend by 6% for 2026, continuing its trend of steady dividend increases, while its late-stage trials for the obesity drug MariTide could provide long-term growth potential, despite the inherent risks of drug development.
- Chevron's Reliable Returns: Chevron has increased its dividend for decades and added another 4% increase for 2026; its acquisition of Hess provided a 30% stake in Guyana's Stabroek Block, offering a rare source of low-cost growth, although oil price volatility remains a risk.
- Dow Jones Index Changes: Alphabet replaced Verizon in the Dow Jones Industrial Average, marking a modernization of the index towards advertising, cloud computing, and AI, although Alphabet's low dividend yield may be less appealing for income-focused investors compared to other established constituents.
See More
Dow Jones Welcomes Alphabet Amid Strategic Shifts
- Dow Jones Changes: On June 29, Alphabet replaced Verizon in the Dow Jones Industrial Average, a strategic move aimed at enhancing the index's exposure to advertising, cloud computing, and AI, marking a significant recognition for Alphabet in a historically traditional index.
- Honeywell's Restructuring: On the same day, Honeywell completed the spinoff of its aerospace division, transforming into a focused automation company; despite the uncertainties that come with spinoffs, it maintained its dividend, appealing to income-seeking investors.
- Amgen's Growth Potential: Amgen announced a 6% increase in its dividend for 2026 while running late-stage trials for its obesity treatment, which could open substantial market opportunities, attracting income investors with its combination of stable dividends and growth potential.
- Chevron's Growth Engine: Chevron raised its dividend by 4% for 2026 and acquired a 30% stake in Guyana's Stabroek Block through the Hess acquisition, ensuring a competitive edge in low-cost growth, although oil price fluctuations remain a risk factor.
See More
