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Business Insider
3 days ago
- Business
- Business Insider
Analysts Say Buy IonQ Stock, but Is Any Upside Really Left?
IonQ (NYSE:IONQ) stands at the leading edge of quantum computing innovation, driven by a mission to tackle some of the world's most complex problems. Leveraging advanced trapped-ion technology –renowned for its high-fidelity operations and exceptional stability – IonQ is working to deliver highly accurate quantum processing with minimal errors. The company's vision extends to enabling secure quantum communication across a wide range of platforms, from satellites and ground stations to telecom networks and even battlefield drones. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Although full-scale quantum capabilities are still years away, the tech has already attracted significant investor interest and plenty of that interest has been pointed at IONQ's direction; to wit, the shares have generated returns of 519% over the past year. This bullish sentiment is echoed by Cantor analyst Troy Jensen, who acknowledges that IonQ is still in the 'very early innings of commercializing its technology' but sees ample reason for the enthusiasm. Jensen believes the company could capture 20% of the quantum hardware, software, and services market by 2035, translating to $1.5 billion in sales within a decade. Much of Jensen's confidence is rooted in IonQ's distinct approach to quantum computing. Unlike companies focused on superconducting or photonic systems, IonQ uses individual atomic ions as qubits, which enables greater stability and precision. Its vertically integrated technology stack spans everything from chip design and production to cloud access via platforms like Amazon Braket, Microsoft Azure, and IonQ Cloud. 'This gives IonQ end-to-end control of its technology and provides faster feedback loops for R&D. Its unique architecture also allows programmability and modular scalability, critical for achieving near-term commercial advantage. IonQ's ability to fabricate room-temperature systems also eliminates the need for expensive cryogenic infrastructure,' Jensen explained. Meanwhile, IonQ is shifting from R&D to generating real revenue, with 'accelerating traction.' In April, it secured a $22 million system sale to EPB to create the first U.S. quantum computing and networking hub. Its Forte Enterprise system is already deployed in data centers across the U.S. and Europe. There are also Partnerships with Toyota Tsusho, Ansys, and General Dynamics, extending its presence into the automotive, simulation, and defense sectors. Furthermore, collaborations with DARPA, AFRL, and Abu Dhabi's Quantum Research Center 'demonstrate IonQ's credibility in national security and frontier research.' IonQ's ambitions don't stop at quantum computing. The company is making major investments in quantum networking, which it views as a crucial second business vertical. Through acquisitions of companies like ID Quantique (completed) and Lightsynq Technologies (pending), IonQ has gained key intellectual property and expertise in quantum memory, repeaters, and photonic interconnects – all vital components for building a quantum internet and linking quantum computers across data centers. As a result, IonQ is now among the select few with 'commercial momentum in both quantum computing and quantum-safe networking.' Crucially, IonQ has the financial strength to back these ambitions. By the end of Q1, it held nearly $700 million in cash and equivalents, bolstered by a recent $373 million equity offering. 'The capital enables the company to aggressively invest in product development, global expansion, and strategic M&A (i.e., Lightsynq & Oxford Ionics),' Jensen said. Given this array of strengths – from technology and partnerships to financial firepower – it's no surprise that Jensen initiated coverage of IONQ with an Overweight (i.e., Buy) rating. What is surprising, however, is that his $45 price target implies only a modest 1% upside from current levels. (To watch Jensen's track record, click here) All told, IonQ's rapid share appreciation has left analysts hustling to keep pace. The current $43.33 average price target points to a minor pullback, yet the Strong Buy consensus, based on 5 Buys and 1 Hold, underscores that most on Wall Street remain solidly bullish. It will be interesting to see whether the analysts raise price targets or downgrade their ratings over the coming months. (See IONQ stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
01-07-2025
- Business
- Yahoo
Can IonQ Maintain Its Quantum Edge With China Advancing Fast?
As China accelerates its progress in quantum communications—mainly with space-based quantum key distribution (QKD)—IonQ, Inc. IONQ is racing to fortify its global leadership. The first-quarter 2025 earnings call showed that IonQ is not just keeping pace but expanding aggressively across compute, networking, and space applications, making bold moves that could entrench its competitive edge for strategy hinges on its ability to scale quantum computing through a networked, multicore architecture, enabled by photonic interconnects and powered by key acquisitions. The recent buyouts of Lightsynq and Capella are pivotal. Lightsynq brings quantum memory and repeater technology that can stretch quantum networks hundreds of miles, while Capella adds satellite-based QKD capabilities and classified project access, directly addressing the frontier where China is surging IonQ's expansion isn't just technical, it's commercial. The company sold a $22 million Forte Enterprise system to EPB, marking the first U.S. deployment combining a quantum computer and network. It also closed the ID Quantique deal, adding four commercial quantum networks in the telecom and defense reporting a net loss of $32.3 million in the first quarter, IonQ remains well-capitalized with nearly $700 million in cash. With DARPA partnerships, cloud access via AWS, and breakthroughs in quantum machine learning, IonQ is staking its claim as the full-stack quantum China looms as a formidable rival, IonQ's integrated approach across ground, cloud, and space gives it a real shot at long-term supremacy in the quantum race. Two of IonQ's most relevant competitors in the global quantum race are International Business Machines Corporation IBM and Alphabet Inc. GOOGL, both of which are heavily investing in quantum computing and encryption technologies. IBM, a long-standing player, has built one of the most mature quantum platforms with its IBM Quantum program. It recently announced plans for a 100,000-qubit machine within a decade, emphasizing error correction and scalable architectures. While IBM leads in industrial partnerships and open-access quantum development, it lags IonQ in photonic interconnect innovation and commercial quantum via its Google Quantum AI division, also poses a major challenge. Known for achieving "quantum supremacy" in 2019, Google is pursuing superconducting qubit systems and has laid out a roadmap toward fault-tolerant quantum computing. However, it remains focused on in-house research rather than commercializing quantum networking, where IonQ currently holds a distinctive first-mover advantage. IonQ shares have gained 71.6% in the past three months, outperforming the Zacks Computer - Integrated Systems industry. Image Source: Zacks Investment Research IonQ's forward 12-month price/sales ratio of 102.99 is far above the industry average of 3.89. Image Source: Zacks Investment Research For IONQ, the Zacks Consensus Estimate for 2025 loss per share has narrowed over the past 60 days, as you can see below, depicting analysts' optimism. The estimated figure indicates a much narrower loss than the year-ago reported loss of $1.56 per share. The Zacks Consensus Estimate for 2025 revenues implies year-over-year growth of 97.3%. Image Source: Zacks Investment Research IONQ stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
26-06-2025
- Business
- Yahoo
IonQ (IONQ) Drops 6.7% on Lack of Catalyst
We recently published . IonQ, Inc. (NYSE:IONQ) is one of the worst-performing stocks on Wednesday. IonQ saw its share prices drop by 6.73 percent on Wednesday to close at $38.11 apiece amid the lack of fresh catalyst to boost buying appetite. On Wednesday, IonQ, Inc. (NYSE:IONQ) announced a new study in partnership with the University of Washington, which, using its Forte Enterprise quantum system, observed in real-time what is known as a 'lepton-number violation,' a phenomenon never directly simulated before on a quantum computer. According to providing IonQ, Inc. (NYSE:IONQ), the study further evidenced that quantum computers may be able to model fundamental physics processes beyond the reach of classical systems. A quantum computer on a countertop in an engineering laboratory with a technician at work. The study, however, did not seem to impress the investing public. IonQ, Inc. (NYSE:IONQ) traded lower in line with its peers, namely D-Wave Systems, Rigetti Computing, and Quantum Computing Inc. While we acknowledge the potential of IONQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
25-06-2025
- Science
- Business Wire
IonQ and the University of Washington Simulate Process Linked To The Universe's Matter-Antimatter Imbalance
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced the first known simulation using a quantum computer of a process called 'neutrinoless double-beta decay' with profound implications for understanding the universe's imbalance between matter and antimatter. The Big Bang should have made equal amounts of matter and antimatter. However, almost everything we see is made of matter, and there's very little antimatter around. One of the biggest questions in physics is: what happened to the missing antimatter? Scientists are looking for the root cause of this imbalance to uncover insights into the fundamental laws of physics. Using IonQ's Forte Enterprise quantum system, researchers observed in real-time what's known as a 'lepton-number violation,' a phenomenon never directly simulated before on a quantum computer, providing further evidence that quantum computers may be able to model fundamental physics processes beyond the reach of classical systems. This demonstration opens a new path in the global efforts to understand why the universe is composed predominantly of matter rather than antimatter. The hypothesized 'neutrinoless double-beta decay' nuclear process suggests that neutrinos are their own antiparticles and that violates a principle in the Standard Model of particle physics. This technique allows scientists to use quantum computers and simulate the nuclear dynamics on the shortest of time-scales (10 −24 seconds). This is shorter even than the femto-second (10 −15 seconds) imaging demonstrations in the 1990s, which gave chemists new insights into chemical reactions, and revealed how atoms re-arrange during the breaking and formation of chemical bonds. Similar scientific breakthroughs could be enabled by this new quantum computing technique, with potential applications to high-energy physics laboratories around the globe. 'This achievement reinforces IonQ's commitment to pushing the boundaries of what quantum computing can accomplish,' said Niccolo de Masi, CEO of IonQ. 'By simulating a fundamental physics process so rare it's never been observed in nature, we're showing that quantum computers are not just theoretical tools. They're engines of discovery.' The simulation was conducted in collaboration with researchers from the University of Washington's InQubator for Quantum Simulation (IQuS) and the U.S. Department of Energy's Quantum Science Center. The team employed a co-designed approach, customized for taking full advantage of IonQ's quantum hardware capabilities, including all-to-all connectivity, and native gates at the core of IonQ's trapped-ion architecture. This allowed for the efficient mapping of the problem onto Forte-generation systems using 32 qubits, with an additional 4 qubits used for error mitigation. Novel quantum circuit compilation and error-mitigation techniques supported this large simulation with 2,356 two-qubit gates, resulting in high-precision observations. 'This work represents a critical first step in exploring the re-arrangement of quarks and gluons in this fundamental and complex decay-mode of a nucleus on yocto-second time-scales (10 -24) seconds),' said Martin Savage, Professor of Physics at the University of Washington and head of the InQubator for Quantum Simulation (IQuS). 'This was the culmination of a year-long co-design effort between IonQ and IQuS, centered around IonQ's forefront trapped-ion quantum computers.' The findings not only validate the use of quantum modeling in nuclear and particle physics but also set the stage for future research into other processes where lepton number violation may occur. As hardware capabilities grow, IonQ aims to expand these techniques to explore other symmetry-breaking phenomena and advance the frontier of quantum-enabled fundamental physics. The full findings and research paper are available at About IonQ IonQ, Inc. is a leading commercial quantum computing and networking company, delivering high-performance systems aimed at solving the world's largest and most complex commercial and research use cases. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems and represent the forefront of the company's technological roadmap as it advances toward its goal of building quantum computers with 2 million physical qubits by 2030. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words 'advance,' 'aimed,' 'aims,' 'available,' 'commitment,' 'can,' 'could,' 'critical,' 'cutting-edge,' 'delivering,' 'expand,' 'explore,' 'exploring,' 'forefront,' 'frontier,' 'future,' 'grow,' 'implications,' 'latest,' 'leading,' 'may,' 'opens,' 'path,' 'possible,' 'pushing,' 'solving,' and other similar expressions are intended to identify forward-looking statements. These statements include those related to the IonQ's quantum computing capabilities and plans; IonQ's technology driving commercial quantum advantage or delivering scalable, fault-tolerant quantum computing in the future; the relevance and utility of quantum algorithms and applications run on IonQ's quantum computers; the necessity, effectiveness, and future impacts of IonQ's offerings available today; and the scalability, fidelity, efficiency, accessibility, effectiveness, importance, reliability, precision, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's ability to deliver higher speed and fidelity gates with fewer errors, enhance information transfer and network accuracy, or reduce noise and errors; IonQ's ability to sell effectively to governmental organizations and large enterprises; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; IonQ's customers deciding or declining to extend contracts into new phases; changes in U.S. government spending or policy that may affect IonQ's customers; and risks associated with U.S. government sales, including availability of funding and provisions that allow the government to unilaterally terminate or modify contracts for convenience. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the 'Risk Factors' section of IonQ's filings with the U.S. Securities and Exchange Commission, including but not limited to the Company's most recent Annual Report on Form 10-K and reports on Form 10-Q. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations.
Yahoo
11-06-2025
- Business
- Yahoo
IONQ Q1 Earnings Call: Acquisitions and Networking Accelerate Growth
Quantum computing company IonQ (NYSE:IONQ) reported Q1 CY2025 results beating Wall Street's revenue expectations , but sales were flat year on year at $7.57 million. On top of that, next quarter's revenue guidance ($18 million at the midpoint) was surprisingly good and 8.1% above what analysts were expecting. Is now the time to buy IONQ? Find out in our full research report (it's free). Revenue: $7.57 million vs analyst estimates of $7.5 million (flat year on year, 0.9% beat) The company reconfirmed its revenue guidance for the full year of $95 million at the midpoint Market Capitalization: $10.4 billion IonQ's first quarter results showed an increased focus on expanding quantum networking capabilities and its product ecosystem. Management cited investments in R&D, leading to higher operating expenses, and the sale of a Forte Enterprise system to EPB of Chattanooga. Executive Chairman Peter Chapman noted new Asian partnerships and progress with customers like AstraZeneca and Ansys, where IonQ demonstrated tangible industrial application improvements. The leadership transition to CEO Niccolo de Masi was seamless, with Chapman underscoring the value of recent acquisitions and technical advances. Looking ahead, management's guidance is shaped by integrating acquisitions like Lightsynq and Capella, aimed at accelerating IonQ's quantum networking and computing roadmaps. CEO Niccolo de Masi affirmed scaling quantum systems via photonic interconnects as a top priority, with technical milestones like AQ 64. The team sees commercial traction in quantum networking, including government and enterprise deployments, as a key driver for anticipated revenue growth. CFO Thomas Kramer noted that ongoing R&D and acquisition investments will raise costs, but management views these as vital for IonQ's long-term leadership. Management attributed the quarter's results to expanding its commercial ecosystem, executing on strategic acquisitions, and maintaining a focus on technical milestones within quantum computing and networking. Strategic acquisitions drive expansion: IonQ announced acquisitions of Lightsynq (quantum memory/repeater tech) and Capella (space-based quantum networking expertise). Management deemed these crucial for long-distance quantum networks and developing the quantum internet. Progress in quantum networking deployments: The company has four active quantum networks serving defense to telecom sectors. Jordan Shapiro, President of Quantum Networking, highlighted deployments for EPB, U.S. Air Force, SK Telecom, and Singtel, showing commercial traction beyond academic/government labs. Commercial system sales and partnerships: Selling a Forte Enterprise system to EPB created IonQ's first customer with both a quantum network and computer; CEO Niccolo de Masi called this a model for enterprise adoption. Partnerships with Ansys and AstraZeneca demonstrated real-world engineering and drug discovery applications. Investments in R&D and workforce: CFO Thomas Kramer reported significantly increased R&D spending and growth in sales/marketing teams for an expanded roadmap. This raised operating expenses but was deemed necessary for innovation. Leadership and organizational changes: Integrating ID Quantique and promoting Jordan Shapiro to lead quantum networking initiatives underscore IonQ's focus on aligning its structure with long-term strategic goals. Management expects that integration of recent acquisitions, expanded quantum networking deployments, and a strengthened technical roadmap will underpin revenue growth and commercial momentum. Acquisitions to accelerate scalability: Management believes that adding Lightsynq's quantum repeater technology and Capella's space-based networking expertise will enable IonQ to create longer-range quantum networks and support distributed computing, positioning the company to meet both governmental and enterprise demand for secure communications. Commercial adoption beyond research labs: The team highlighted growing enterprise interest in quantum networking, with deployments moving beyond academic environments to sectors like energy and telecommunications. Management stated that as encryption vulnerabilities become more widely recognized, demand for quantum-secure infrastructure could increase significantly. Investment-driven cost pressures: CFO Thomas Kramer noted that ongoing investment in R&D, talent, and the integration of acquired companies will raise the cost basis in the near term. While management expects these costs to support long-term leadership, they acknowledged that adjusted EBITDA losses are likely to expand as IonQ scales its operations and product offerings. In the coming quarters, the StockStory team will focus on (1) the pace and impact of integrating Lightsynq and Capella into IonQ's product roadmap, (2) growth in commercial and government quantum networking deployments, and (3) evidence that expanded R&D and sales investments are translating into new customer wins and technical milestones. Progress toward distributed quantum computing and increased adoption of quantum-secure networks will also be important signs of execution. IonQ currently trades at a forward price-to-sales ratio of 88.8×. At this valuation, is it a buy or sell post earnings? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
