COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, signed a Memorandum of Understanding (MoU) with Seoul National University’s Center for Quantum Information Science Education (CQISE) to promote workforce development in quantum information, communication science, and technology. Today’s agreement is the latest in a series of South Korean initiatives aimed at developing the country’s burgeoning quantum computing industry. IonQ and CQISE’s goal is to establis ...

The S&P 500 and the Nasdaq are pulling back after an astounding rally to round off 2023. These depreciating indices have opened the door for investors to pick up shares in undervalued companies, and namely this list of undervalued quantum computing stocks to buy.Although we’re far off from witnessing the widespread commercialization of quantum computing, investors who buy into these companies early could see substantial gains from their investments. This is because quantum computing is a giant leap from cla ...

Many hypergrowth stocks lost their luster over the past two years as rising interest rates throttled their growth, cast a harsh light on their steep losses, and compressed their valuations. However, analysts still expect many of those out-of-favor companies to more than double their annual revenue by 2025.Let's check in on three of those stocks -- the electric vehicle (EV) maker Rivian Automotive (RIVN 0.45%), the cybersecurity company SentinelOne (S 0.22%), and the quantum computing firm IonQ (IONQ 0.29%) ...

Quantum computing will be a massive game-changer. With it, the world may be able to solve problems far too complex for typical computers within minutes, or even seconds. All while creating massive opportunities for quantum computing stocks.It could even be used to discover new drugs, quicker than even imagined. For example, according to ZDNet.com, the discovery of new drugs relies on molecular simulation, which is complex and time-consuming with all of the calculations needed. “It’s expected that modeling a ...

IonQ (NYSE:IONQ) has led the way among publicly traded quantum computing stocks with its trapped-ion approach that uses charged atoms for qubits. The company claimed the world’s mightiest 32-qubit quantum computer. Aiming at modular quantum computing, IONQ stock offers access through leading cloud platforms to strengthen its market presence.The company’s Q3 revenue came in at $6.1 million, shooting past guidance and marking an impressive year-over-year increase of 122%. The company projects Q4 earnings will ...

2023 was the year of artificial intelligence (AI), and early 2024 isn’t much different, so far. Yet, the year is still young and the “next AI” might emerge soon. Consequently, investors should consider their risk tolerance and take a close look at IonQ (NYSE:IONQ) stock. Just to recap, IonQ specializes in quantum computers. IonQ’s quantum-computing technology is available on popular cloud platforms run by the likes of Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) G ...

Shares of IonQ (IONQ 0.26%) have gained 184% over the last year. The stock trades at an eye-watering 119 times sales; I can't talk about profit-based valuation ratios because the quantum computing specialist isn't profitable.So it's fair to ask if it might already be too late to buy IonQ stock. I would argue that it's way too early, actually. Let me explain what I mean.IonQ's soaring valuationIn the context of IonQ's recent stock surge, a closer look reveals a valuation that might be more of a mirage than a ...

Quantum computing is seen as the next stage of computing and IonQ (NASDAQ:IONQ) rode that wave to huge gains in 2023. But the reality of where the market is at in its life cycle is bringing shares down to earth. This will have important implications for IONQ stock moving forward.After surging 259% last year IONQ stock is down 13% year to date and 50% below its 52-week high hit last summer. That’s undoubtedly because quantum computing hasn’t even learned to walk yet let alone get up to the running stage IonQ ...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced co-founder Dr. Jungsang Kim has been named a 2023 fellow of the National Academy of Inventors (NAI), the highest professional distinction awarded solely to inventors. Kim joins an esteemed cohort of NAI fellows who will be honored during the NAI’s 13th annual conference on June 16-18 in Raleigh, NC. Dr. Kim’s research and inventions have become the core of IonQ, which he co-founded in 2015 a ...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ, Inc. (NYSE: IONQ), a leader in the quantum computing industry, today announced that Thomas Kramer, Chief Financial Officer, and Jordan Shapiro, Vice President of FP&A and Head of Investor Relations, will participate in a fireside chat at the 26th Annual Needham Growth Conference at the Lotte New York Palace in New York City on Wednesday, January 17, 2024. The Company’s discussion will begin at 8:45 AM ET and the webcast link will be available on IonQ’s website here, ...