bpawesome Summary My previous rating on IonQ (NYSE:IONQ) was a buy as I was very positive the business traction in research and development [R&D] would continue to set it apart from competitors. I had a target price range of ~$9.78 to $23 in my previous post, suggesting a range of -27% downside to $71% upside….
da-kuk Last July, I was attracted to IonQ, Inc. (NYSE:IONQ), but warned investors about three major risks which forced me to initiate coverage with a hold rating despite falling in love with the company’s story. IONQ stock is down 30% since then. I reiterated my hold rating in October as I thought the company was…
Violka08/iStock via Getty Images IonQ, Inc. (NYSE:IONQ) is a company operating in the field of quantum computing. Quantum computing is an advanced area of technology that holds the potential to revolutionize how computations are performed. Unlike classical computers that use bits (0s and 1s) to process information, quantum computers use quantum bits or qubits, which…
Bartlomiej Wroblewski/iStock via Getty Images Investment thesis Year-to-date, IonQ (NYSE:IONQ) stock is up more than 300% and the important question here is whether the stock has more potential to grow based on its financial results, developments, and market outlook of quantum computers and cloud computing or not. I don’t want to devote this article to…
Ytterbium: IONQ specializes in utilizing trapped ion qubits formed from ytterbium, a rare-earth metal isotope. alejomiranda/iStock via Getty Images Capital markets have been on a wild ride over the last few years. And that includes 2023 with interest rates and high-growth stocks both rising rapidly. In this report, we review the current macroeconomic environment, share…
Olemedia Before delving into IonQ’s (NYSE:IONQ) prospects, it’s crucial to understand quantum computing. Unlike classical computers that deal with binary bits (0s and 1s), quantum computers utilize quantum bits or qubits. These qubits harness the peculiar properties of quantum mechanics, creating complex, multidimensional computational spaces. This substantial computing power has the potential to revolutionize fields…
liulolo/iStock via Getty Images I think IonQ could be a hundred-billion-dollar company and represent this decade’s largest return on investment. There will be casualties and disappointments in this sector, but in my mind, IonQ is already approaching the winners’ circle; a quantum advantage in 2025 is realistic for IONQ. It is years ahead of its…