Why IonQ Stock Soared 47% in May

From Yahoo Finance: 2025-06-02 16:43:00

IonQ shares surged last month, compared to Nvidia, driven by favorable Barron’s coverage and Q1 earnings. Despite a high price-to-sales ratio of over 100, shares rose 47% in May. CEO de Masi likened IonQ to Nvidia, but with only $7.6 million in Q1 revenue, the company faces challenges. IonQ targets $75-95 million revenue after acquiring Lightsynq. It also collaborated with KISTI on quantum computing advancements. Investors bullish on quantum computing may consider IonQ, but risks exist given hype-driven valuation. The Motley Fool recommends 10 other stocks over IonQ, citing past returns and market performance. CEO Jeremy Bowman holds positions in Broadcom and Nvidia.



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