IonQ stock is down 30% but analysts anticipate significant growth ahead

From Nasdaq: 2025-06-29 06:30:00

Quantum computing stocks, like IonQ (NYSE: IONQ), have surged in recent months after Google’s announcement of its Willow quantum chip. IonQ stands out for its trapped-ion technology and Quantum-computing-as-a-service (QCaaS) model. Despite its $10 billion market cap, IonQ remains a development-stage company with $7.6 million in revenue in Q1. While deeply unprofitable, IonQ expects revenue to double this year. With momentum in the industry and revenue growth forecasted, opening a small position in IonQ stock may appeal to risk-tolerant investors. The stock’s current valuation poses risks, but analysts anticipate significant growth ahead.



Read more at Nasdaq: Down 30%, Should You Buy the Dip on IonQ?