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, ...

Last year Nvidia (NASDAQ:NVDA) became a Wall Street superstar as the market for artificial intelligence chips exploded. IonQ (NYSE:IONQ) doesn’t make AI chips, but it could be the next tech-market superstar. If you want to ride the rocket to the top, now is the time to take a position in IONQ stock. Much like OpenAI’s ChatGPT changed the game in the world of generative AI, IonQ seeks to have a ChatGPT moment in the world of quantum computing. Sure, there’s some risk involved for investors as the future of q ...

IonQ (IONQ -1.89%) has been one of the market's best-performing stocks over the last year. The quantum computing specialist's share price is up a staggering 252.5% as investors got excited about its technologies and more bullish about growth stocks as a class. Following on the heels of explosive gains for top artificial intelligence (AI) stocks, there is increased hope that quantum computing will push AI technology even further, revolutionize computing as a whole, and deliver incredible returns for early in ...

You've probably heard the old adage that lightning never strikes the same place twice. Investors' interpretation of the idea means a stock won't experience two wildly bullish years in a row.The thing is, lightning actually can and does strike the same place twice. Tall trees and skyscrapers are frequent targets. And in the same sense, a hot ticker can log two big, back-to-back yearly gains. You just have to find the right stock!Although the 280% gain that shares of IonQ (IONQ -6.35%) dished out in 2023 will ...

Quantum computing expert IonQ (IONQ -6.35%) is on a roll. The stock has gained a market-thumping 324% over the last year for reasons of mixed long-term importance. Quantum computers are starting to look useful, and there's a real business brewing there for the long term.But IonQ's investors may have jumped aboard its bandwagon too quickly, and the stock is now dangerously overvalued. IonQ stock is changing hands at 136 times the company's trailing revenues, and all of its profitability metrics are printed i ...

Bartlomiej Wroblewski Thesis One of the things I look for with potential investments are growing companies in growing industries. IonQ, Inc. (NYSE:IONQ) caught my attention several months ago. I initiated a small position in the company and planned to add to it as they reached financial milestones. However, the share price rose well above my expectations so I happily exited for a significant profit in early August. This is an update to the two articles I previously wrote on IonQ. The article I wrote in Febr ...