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June Gloom? 3 Stocks to Sell Before They Plunge
Investor Place· 2024-06-17 12:05
U.S. equities are reaching new highs after May's consumer price index (CPI) report indicated significant cooling in pricing pressures across the broad. The headline inflation figure came in flat, while the "core" reading, which excludes price volatility from food and energy, increased only 0.2% month-over-month. The year-over-year increase in prices landed at 3.3%, which represented the first significant cooling we have seen since the second quarter of 2021. These trends could contribute to market condition ...
Why IonQ, Inc. (IONQ) Dipped More Than Broader Market Today
ZACKS· 2024-06-14 22:50
In the latest trading session, IonQ, Inc. (IONQ) closed at $7.70, marking a -0.13% move from the previous day. This change lagged the S&P 500's daily loss of 0.04%. Meanwhile, the Dow lost 0.15%, and the Nasdaq, a techheavy index, added 0.12%. Shares of the company have depreciated by 11.48% over the course of the past month, underperforming the Computer and Technology sector's loss of 2.27% and the S&P 500's gain of 4.15%. The investment community will be closely monitoring the performance of IonQ, Inc. in ...
If You'd Invested $1,000 in IonQ Stock a Year Ago, Here's How Much You'd Have Today
The Motley Fool· 2024-06-13 13:40
Even after a lackluster year, IonQ stock could still finish 2024 with a quantum leap. IonQ (IONQ 0.82%) specializes in quantum computing and is ramping up to potentially take advantage. Investors haven't seen the high-end data center trend gain steam just yet, but that's no reason to give up on IonQ. If IonQ can address a financial headwind it faces, the company's shareholders just might see some robust returns in the coming months. IonQ stock's performance over the past year was volatile, with some thrills ...
IonQ Stock: Buy, Sell, or Hold?
The Motley Fool· 2024-06-12 09:14
There's a lot to like about this quantum computing leader. On the other hand, shares of IonQ have been extremely volatile, down more than 30% this year. The market appears concerned about the company's lack of profitability and its pricey valuation. The good news is that IonQ is off to a strong start in 2024 in terms of its operating momentum. These types of contracts highlight the growing interest in quantum computing with real-world applications. The company reaffirmed its full-year revenue target between ...
Here is What to Know Beyond Why IonQ, Inc. (IONQ) is a Trending Stock
ZACKS· 2024-06-07 14:05
IonQ reported revenues of $7.58 million in the last reported quarter, representing a year-over-year change of +76.7%. EPS of -$0.19 for the same period compares with -$0.14 a year ago. Over the last four quarters, IonQ surpassed consensus EPS estimates two times. The company topped consensus revenue estimates each time over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its cur ...
Will IonQ Be a Trillion-Dollar Stock by 2050?
The Motley Fool· 2024-05-30 13:23
The quantum computing company remains a volatile and speculative investment. IonQ (IONQ 2.21%) has been a divisive stock ever since it went public by merging with a special purpose acquisition company (SPAC) on Oct. 1, 2021. The bulls saw it as a promising play on the nascent quantum computing market, while the bears saw an overvalued company that was barely generating any revenues. IonQ's stock opened at $10.60 after its merger and nearly tripled to its all-time high of $31 on Nov. 17. But today, the stock ...
Is Trending Stock IonQ, Inc. (IONQ) a Buy Now?
zacks.com· 2024-05-27 14:01
IonQ, Inc. (IONQ) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned -6%, compared to the Zacks S&P 500 composite's +4.8% change. During this period, the Zacks Computer - Integrated Systems industry, which IonQ falls in, has lost 5%. The key question now is: What could be the stock's future direction? Although ...
Why 77% Revenue Growth Is Meaningless for IonQ Stock
fool.com· 2024-05-18 07:28
Unfortunately, that is likely not the case with IonQ (IONQ 0.80%). The company is a leader in quantum computing, a technology that could drastically speed up processing times for certain types of highly complex problems. This would allow quantum computers to perform functions and solve problems that conventional computers can't accomplish in a useful time frame. For investors, the issue here comes down to financials. Even though IonQ does not necessarily have to turn an immediate profit, the quantum computi ...
Is IonQ Stock a Buy?
fool.com· 2024-05-17 12:45
The company is developing powerful new computing technology using quantum physics. Tech firm IonQ (IONQ -3.22%) is working on the transformative technology of quantum computers. These machines hold the potential to perform computations beyond the reach of the mightiest supercomputers in existence today. This kind of innovative technology could be used in myriad ways, such as building more advanced artificial intelligence (AI) systems and developing new medicines. Quantum computers are potent because they ha ...
Is Most-Watched Stock IonQ, Inc. (IONQ) Worth Betting on Now?
Zacks Investment Research· 2024-05-15 14:02
IonQ, Inc. (IONQ) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned +22.6%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Computer - Integrated Systems industry, which IonQ falls in, has lost 6.8%. The key question now is: What could be the stock's future direction? Alt ...