IonQ, Inc. (IONQ) closed the latest trading day at $9.42, indicating a -1.67% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%.Prior to today's trading, shares of the company had lost 9.88% over the past month. This has lagged the Computer and Technology sector's gain of 6.04% and the S&P 500's gain of 5.11% in that time.The investment community will be pay ...

Quantum computing is likely to bring about another revolution in computing that will overshadow the prescient artificial intelligence (AI) craze. This kind of computing technology has the potential to solve complex problems that generally slow down classical computers, such as optimization, cryptography, machine learning and simulation.Investors who are already looking for the next market sensation are considering a few names in the nascent quantum computing space. Wall Street has caught wind of some of the ...

IonQ (IONQ) recently inked a deal with South Carolina Quantum (SC Quantum). Per the agreement, IONQ and SC Quantum will work together for the advancement of the quantum ecosystem in South Carolina. It aims to offer enhanced quantum computing capabilities and professional services for the partners of SC Quantum, including enterprises, startups, industries and academic institutions.SC Quantum was established to fuel the advancement of quantum talent and technology in South Carolina.The alliance is likely to f ...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced it has entered a strategic agreement with South Carolina Quantum (SC Quantum) to provide world-class quantum computing capabilities and professional services to SC Quantum partners, including academic institutions. As part of the agreement, IonQ and SC Quantum will partner to develop quantum-specific academic coursework for training future members of the quantum economy. SC Quantum will also pa ...

If you’re searching for undervalued quantum computing stocks to add to your portfolio this month, look no further. Never before in human history has technology progressed at the rate seen today. In just two decades, human civilization went from miniaturizing the computer to AI software aggregating data across the internet. With advancements in physics, humanity now harnesses the computational power of the smallest subatomic particles.These breakthroughs enable the current state of  quantum computing, where ...

IonQ (IONQ) collaborated with a German-based research center for fundamental science — Deutsches Elektronen-Synchrotron (DESY) to run combinatorial optimization problems on IonQ Aria.Early findings from the research show that quantum computing may be a more efficient way to solve equations involving several variables in a crowded setting, like a busy airport, than standard classical computing.The research focused on improving airport gate management by efficiently scheduling inbound and outbound flights to ...

Financial Data and Key Metrics Changes - IonQ generated $6.1 million in revenue for Q4 2023, bringing the full year recognized revenue to just over $22 million, meeting the upper end of the projected range [7][93] - The company achieved $65.1 million in bookings for the year, significantly exceeding the midpoint guidance of $40 million [8][93] - Total operating costs and expenses for Q4 2023 were $60.6 million, up 121% from $27.4 million in the prior period [37] - The net loss for Q4 was $1.9 million, compared to $18.6 million in the prior period, while the full year net loss was $157.8 million versus $48.5 million in 2022 [39] Business Line Data and Key Metrics Changes - Research and development costs for Q4 were $31.6 million, up 131% from $13.7 million in the prior period [37] - Sales and marketing costs in Q4 were $7 million, an increase of 189% from $2.4 million in the prior period [38] - General administrative costs in Q4 were $15.3 million, up 69% from $9.1 million in the prior period [38] Market Data and Key Metrics Changes - The quantum computing market is projected to grow significantly, with estimates for quantum automotive solutions reaching upwards of $10 billion and quantum chemistry applications potentially reaching $50 billion [12][18] - The generative AI market is expected to reach a size of $1.3 trillion within the next 10 years, indicating a substantial opportunity for quantum computing applications [18] Company Strategy and Development Direction - IonQ aims to support the AI industry by investing in quantum machine learning applications and exploring ways to enhance large language models [18][23] - The company is focused on developing quantum hardware that can fit into a standard data center rack, with plans to increase computational power significantly [32] - IonQ is expanding its manufacturing facility in Seattle by 50% to meet rising customer demand [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's cash position of $455.9 million as of December 31, 2023, which supports ongoing execution of the technical roadmap [96] - The company anticipates a revenue target of $37 million to $41 million for the full 2024 fiscal year, with bookings projected between $70 million and $90 million [96] Other Important Information - IonQ has established a relationship with Duke University to capture royalty-free intellectual property related to quantum computing [22] - The company has appointed two new board members to accelerate commercialization efforts [36] Q&A Session Summary Question: What is the timeline for broader awareness of quantum capabilities? - Management indicated that as they progress to AQ 64, the difficulty of classical simulation will become apparent, leading to increased investment in quantum technology [42] Question: How diversified were the bookings in Q4? - There were no hardware-related bookings in Q4, but management expects hardware sales to increase in 2024 [44][48] Question: What hurdles does the company face in becoming more commercial? - Management noted strong international interest, particularly in government sectors, while also acknowledging uncertainty in U.S. government funding [56] Question: How does IonQ plan to increase the speed of qubits? - The company is optimizing current gate schemes and exploring new modalities to enhance speed [63] Question: Is there increased competition in the quantum computing market? - Management acknowledged the growing number of competitors but expressed confidence in IonQ's current market position and technological advancements [86]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39694 IONQ, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization ...

There are some quantum computing stocks to buy for this month in Februrary. These companies trade at attractive valuations and have solid growth prospects. I feel that the potential of these companies is not yet fully priced into their valuations, which leaves money on the table that other inventors can take advantage of.Quantum computing is set to be disruptive, with its potential to tackle complex computational problems exponentially faster than classical computers. These companies discussed in this artic ...

Exhibit 99.1 IonQ Announces Fourth Quarter and Full Year 2023 Financial Results Full Year Results of $22.0 Million in Revenue, Above High End of Range Full Year Results of $65.1 Million in Bookings, Above High End of Range, with Strong Pipeline Entering 2024 Fourth Quarter Results of $6.1 Million in Revenue, High End of Range Achieved 2024 Technical Milestone of #AQ 35 in December 2023, a Full Year Early Doubled Compute Space Performance Again, Reaching #AQ 36 in January 2024 Achieved First Major Milestone ...