IonQ (IONQ -37.53%) stock is getting crushed in Wednesday's trading. The quantum-computing specialist's share price was down by 38.3% as of 2:38 p.m. ET and had been down by as much as 47.8% earlier in the session.That plunge followed public comments made by Nvidia CEO Jensen Huang about the outlook in the quantum-computing space. According to Huang, commercially viable quantum computers are likely much further away than many investors have been hoping.Comments from Nvidia's CEO just crashed IonQ stockSpeak ...

IonQ's (IONQ) recent acquisition of Qubitekk's operating assets for $22 million marks a pivotal expansion of its quantum networking capabilities, enhancing the company's position in the emerging quantum technology landscape. The deal brings valuable assets, including Qubitekk's commercial operations, customer base, executive team, and most notably, a portfolio of 118 granted quantum networking patents. By combining Qubitekk's quantum networking expertise with IonQ's trapped-ion quantum computing technology, ...

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IonQ Inc IONQ continues to electrify the markets, with its stock soaring 290% over the past year and 30% in just the last month. Riding this momentum, the quantum computing pioneer has announced the acquisition of Qubitekk, a quantum networking leader, solidifying its position as a trailblazer in the quantum revolutionStrengthening The Quantum BackboneThe acquisition brings Qubitekk's 118 patents—including those powering the U.S.’s first commercial quantum network in Chattanooga—into IonQ's fold, boosting i ...

Career Background - The individual has over 43 years of experience in investment research, specializing in rules/factor-based equity investing strategies [1] - They have extensive experience covering a wide range of stocks, including large cap, small cap, micro cap, value, growth, income, and special situations [1] - They have developed and worked with various quantitative models and managed a high-yield fixed-income ("junk bond") fund [1] - They have conducted research on quantitative asset allocation strategies, which are foundational to modern Robo Advising [1] - They have edited and written several stock newsletters, including the Forbes Low Priced Stock Report, and served as an assistant research director at Value Line [1] Investment Philosophy - The individual combines factor-based analysis with classic fundamental analysis to uncover the true story of a company and its stock [1] - They believe that numbers, while important, are best used to inspire human intelligence-generated investment stories that shed light on future possibilities [1] - They emphasize that investing is about the future, and numbers from the past can only take us so far [1] Investor Education - The individual has a passion for investor education, having conducted numerous seminars on stock selection and analysis [1] - They are the author of two books: *Screening The Market* and *The Value Connection* [1] New Role on Seeking Alpha - The individual is now completely independent and aims to provide actionable investment insights without any product agenda [1] - They welcome feedback and criticism from readers, encouraging open dialogue in the comment sections [1]

Quantum Computing Market Overview - Quantum computers process binary bits simultaneously, enabling faster data processing compared to traditional computers, but they are larger, more expensive, and have higher error rates [2] - Quantum computing companies aim to miniaturize chips, reduce error rates, and lower manufacturing costs, making them more suitable for AI applications [3] - The quantum computing market is expected to grow at a CAGR of 34.8% from 2024 to 2032, driven by advancements in chip miniaturization and error detection [15] IonQ Overview - IonQ offers three quantum computing systems: Aria, Forte, and Forte Enterprise, and provides cloud-based quantum computing services primarily to government and university customers [5] - The company is developing "trapped ion" technology to shrink quantum processing units (QPUs) from feet to inches, potentially enabling cheaper and more powerful systems [6] - Despite the departure of co-founder Chris Monroe, IonQ has continued to grow by installing more systems, securing government contracts, and forming AI partnerships [7] - IonQ generated $22 million in revenue in 2023, missing its $34 million target, but analysts expect its revenue to grow at a CAGR of 89% to $148 million by 2026 [11][12] - IonQ's enterprise value is $8.8 billion, trading at 59 times its estimated 2026 sales, with a 10% increase in share count since its SPAC merger [13][14] Rigetti Computing Overview - Rigetti designs and manufactures its own QPUs and offers a cloud platform for developers to write quantum algorithms, positioning itself as a "full stack" quantum computing company [8] - The company aims to develop cheaper and more scalable QPUs for commercial customers, despite the abrupt departure of founder Chad Rigetti in December 2022 [9] - Rigetti launched the Novera QPU, a 9-qubit system priced at $900,000, and deployed its 84-qubit Ankaa-3 system with a 99% error detection rate, with plans for a 100-qubit system in 2024 [10] - Rigetti generated $12 million in revenue in 2023, missing its $34 million target, but analysts project a CAGR of 43% to $35 million by 2026 [11][12] - Rigetti's enterprise value is $4.3 billion, trading at 123 times its projected 2026 sales, with a 69% increase in share count since its SPAC merger [13][14] Comparison and Investment Outlook - Both IonQ and Rigetti went public via SPAC mergers and missed their initial revenue targets, but their stocks reached all-time highs in December 2024 due to recent progress [11][12] - IonQ is considered a better investment due to its superior scale, higher growth rates, milder share dilution, and lower valuation compared to Rigetti [15]

Sweetgreen - Sweetgreen stock tripled in value in 2024 after being down nearly 80% from its IPO price at the start of the year [1][2] - The company's Infinite Kitchen automation model is a key driver of investor optimism, with 10 out of 225 locations equipped by Q3 2024 [3][5] - Labor costs accounted for 28% of revenue in the first three quarters of 2024, and automation could significantly reduce this expense [4] - Revenue growth is slowing as the company focuses on profitability, but EBITDA is already increasing [6] - Sweetgreen has potential to expand from fewer than 250 locations to 1,000 in the future [19] Reddit - Reddit stock surged 224% in 2024 despite only going public in March [7] - Q3 2024 revenue grew 68% YoY to $348 million, driven by user growth and increased advertising demand [8] - Gross margin surpassed 90% in Q3 2024, contributing to strong free cash flow growth [9] - International expansion, supported by AI-powered content translation, is a key growth driver with only 49 million international users currently [10] IonQ - IonQ stock tripled in 2024, with a 400% jump in the final three months of the year [11] - The company's trapped ion approach to quantum computing has gained third-party validation, including a $55 million contract with the Air Force Research Lab [13][14] - IonQ's hardware is available on all major cloud computing platforms, giving it a unique position in the quantum computing space [14] Industry Outlook - The quantum computing industry is projected to be worth hundreds of billions of dollars in the future, with IonQ positioned as a promising player [15][16] - Reddit has significant growth potential in international markets, with the possibility of quintupling its current 100 million active users [16] - Sweetgreen's focus on profitability through automation and potential for unit economics improvement makes it a strong candidate for 2025 growth [17][18]

Company Overview - IonQ is a quantum computing company developing advanced quantum computers to solve complex problems and transform various industries [2] - The company generates revenue through the sale of quantum computer hardware and access to its quantum computers via major cloud platforms like AWS, Microsoft Azure, and Google Cloud [2][3] - Quantum computers operate on a more advanced architecture, enabling faster computation and calculation compared to traditional computers [3] Industry and Technology - Quantum computers are error-prone due to their architecture, with temperature fluctuations and electronic interference disrupting operations and damaging hardware [4] - Despite challenges, reliable and stable quantum computers could revolutionize fields like healthcare, engineering, and chemistry by solving problems traditional computers cannot [4][5] Financial Performance - IonQ reported $37 million in revenue over the last 12 months but generated $171 million in net losses during the same period [6] - The company has a negative free cash flow of $120 million, burning approximately $30 million in cash each quarter [7] - IonQ has $365 million in cash on its balance sheet, providing a buffer before needing to raise additional funds [7] Investment Considerations - IonQ is in the early stages of its lifecycle, with significant potential rewards if the company advances its research and development [6][8] - The unproven nature of quantum computing and the company's current unprofitability present substantial risks for investors [9] - Growth investors may find IonQ appealing, but value investors and those seeking stability may prefer other opportunities [9]

Quantum computing has received some recent investing interest over the past month thanks to Google's breakthrough in its Willow quantum computing chip. This chip beat a benchmark test that would have taken the fastest supercomputer 10 septillion years (26 trailing zeros!) to complete.Alphabet (GOOG 1.31%) (GOOGL 1.25%) is a much larger business with investments in quantum computing, not a pure-play investment. However, there are a few pure plays around, and IonQ (IONQ 10.84%) is one of them. With quantum co ...

IonQ (IONQ 3.18%) is one of the hottest stocks on Wall Street right now. Shares of the company soared by nearly 400% in the last three months of 2024.But is IonQ a stock that investors can buy and hold for the long term? Let's find out. Understanding IonQ's businessIonQ designs quantum computers, which operate on a different set of principles than a traditional computer. The details of what makes quantum computers different can be confusing -- while traditional computers operate on bits, which can only exis ...