IonQ reported a 222% sales increase in Q3 but also widened losses and increased expenses. Quantum computing is in early stages, and IonQ stock may not be a smart investment. The share price has risen 1,200% since 2023, but it’s expensive with a P/S ratio of 140, making it a risky buy.

IonQ focuses on trapped-ion quantum computing, offering room-temperature operation. Despite impressive sales growth, the stock is costly with non-GAAP loss per share at $0.17 and rising operating expenses. Investors should be cautious due to the speculative nature of the quantum computing market and high share price.

While IonQ saw revenue growth to nearly $40 million in Q3, losses expanded, with non-GAAP loss per share at $0.17. Operating expenses rose to $208 million. The stock benefits from speculative quantum computing market interest but remains expensive and unprofitable, warranting investor caution.

Investors are advised to avoid IonQ stock due to its high price, widening losses, and uncertain future of the quantum computing market. Speculative investments, including quantum computing, may slow if the economy falters. IonQ’s shares rose just 9% in 2025, signaling potential market shifts away from risky stocks.

The Motley Fool’s Stock Advisor team doesn’t include IonQ among its top 10 stock picks, highlighting better investment opportunities. The average return of 968% outperforms the S&P 500. With a cautionary note on buying IonQ stock, investors are urged to explore more promising options for long-term growth.

Read more at Yahoo Finance: Up 1,200%, Should You Buy IonQ Right Now?