Which of these speculative stocks has a better shot at generating massive gains? AST SpaceMobile (ASTS 13.65%) and IonQ (IONQ 4.56%) are both speculative growth stocks that trade at sky-high valuations. AST, a developer of satellites for cellular communications, trades at 175 times this year's estimated sales. IonQ, a developer of quantum computing systems, trades at 36 times this year's sales. Both companies are expected to remain unprofitable for the foreseeable future. AST SpaceMobile and IonQ both seem ...

IonQ, Inc. (IONQ) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this company would post a loss of $0.26 per share when it actually produced a loss of $0.19, delivering a surprise of 26.92%. Over the last four quarters, the company has surpassed c ...

When IonQ (IONQ -1.14%) went public by merging with a special purpose acquisition company (SPAC) in October 2021, it called itself the only "public pure-play" on the quantum computing market. It provides its quantum computing power as a cloud-based service, and it's shrinking down quantum processing units (QPUs) with its proprietary "trapped ion" technology. The bears were skeptical of its miniaturization capabilities, running its quantum computing services on Honeywell's machines, and using its proprietary ...

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.89 per share and revenue of $39.06 million, indicating changes of -14.1% and +77.18%, respectively, compared to the previous year. Heading into today, shares of the company had gained 15.35% over the past month, outpacing the Computer and Technology sector's loss of 4.37% and the S&P 500's gain of 0.1% in that time. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for IonQ, ...

This is part of the sector rotation that's happening in anticipation of lower interest rates. In many cases, companies with market capitalizations of less than $2 billion are more sensitive to rising interest rates. But with interest rates likely to start moving lower, perhaps as early as September, it's a good time for risk-tolerant investors to look for small-cap stocks to buy. IonQ (IONQ) IonQ (NYSE:IONQ) is a leader in the emerging sector of quantum computing. The reason investors should be looking at I ...

Market participants will be closely following the financial results of IonQ, Inc. in its upcoming release. It is anticipated that the company will report an EPS of -$0.22, marking a 37.5% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.4 million, up 52.17% from the year-ago period. Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Za ...

Core Viewpoint - IonQ's stock has experienced significant volatility due to competitive pressures and changing interest rate expectations, highlighting the challenges faced by the quantum computing sector [2][4][10]. Company Performance - IonQ's shares fell by 13.7% last month, influenced by competitor news and investor adjustments to interest rate expectations [2]. - The company reported over $20 million in free cash outflow last quarter, with less than $400 million in cash and liquid assets, indicating a cash runway of less than two years [11]. Market Environment - The Federal Reserve's decision to keep interest rates steady and the expectation of a potential rate cut later this year led to a reassessment of investment strategies among investors [9]. - High interest rates are likely to increase borrowing costs and discourage risk-taking among investors, which could negatively impact IonQ's growth prospects [12][13]. Competitive Landscape - IonQ faces competition from major tech companies like Microsoft, Alphabet, and Nvidia, as well as emerging startups in the quantum computing industry [7]. - Nvidia's recent acceleration of quantum computing operations serves as a reminder of the competitive risks IonQ must navigate [6]. Financial Considerations - IonQ's high price-to-sales ratio of around 60 reflects its status as a speculative growth stock, making it sensitive to interest rate changes [13]. - The company may need to issue debt or new shares in the future to support its operations, increasing its sensitivity to interest rates [5]. Research and Development - IonQ invested nearly $35 million in R&D and capitalized software development expenses last quarter, focusing on product development rather than immediate revenue generation [8].

IonQ, Inc. (IONQ) closed at $7.03 in the latest trading session, marking a -0.99% move from the prior day. This change lagged the S&P 500's daily loss of 0.41%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.71%. Investors should also pay attention to any latest changes in analyst estimates for IonQ, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confide ...

Investors will be eagerly watching for the performance of IonQ, Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of -$0.22, indicating a 37.5% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $8.4 million, indicating a 52.17% upward movement from the same quarter last year. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we' ...

Shares of this company have returned -14.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Computer - Integrated Systems industry, to which IonQ belongs, has gained 2.3% over this period. Now the key question is: Where could the stock be headed in the near term? Revisions to Earnings Estimates We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates g ...