IonQ, Inc. (NYSE: IONQ ) continues to roll over as the quantum computing hype fades. Along with the Q4 earnings report, the company made several moves that were self-inflicted as far as reducing the hype. My investment thesisAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about IonQ, Inc. (IONQ) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.IonQ currently has an average brokerage ...

IonQ, Inc. (NYSE:IONQ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Jordan Shapiro - Vice President of Financial Planning and Analysis, and Head of Investor Relations Peter Chapman - Executive Chairman Niccolo de Masi - President and Chief Executive Officer Thomas Kramer - Chief Financial Officer Dean Kassmann - Senior Vice President of Engineering and Technology Conference Call Participants David Williams - Benchmark Company Tyler Anderson - Craig-Hallum Alexander Plat ...

Company Performance - IonQ, Inc. reported a quarterly loss of $0.93 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.25, representing an earnings surprise of -272% [1] - The company posted revenues of $11.71 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 28.12%, compared to revenues of $6.11 million a year ago [2] - Over the last four quarters, IonQ has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Movement and Outlook - IonQ shares have declined approximately 28.8% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at -$0.26 for the coming quarter and -$1.15 for the current fiscal year [7] Industry Context - The Computer - Integrated Systems industry, to which IonQ belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact IonQ's stock performance [5]

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, 2024 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) Delaware 85-2992192 (State or other jurisdiction of incorpora ...

Exhibit 99.1 IonQ Announces Fourth Quarter and Full Year 2024 Financial Results COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), a leader in the quantum computing and networking industries, today announced financial results for the quarter and full year ended December 31, 2024. "We had IonQ's best year yet in 2024, exceeding the high ends of both our bookings and revenue guidance ranges and making truly significant technical strides," said Peter Chapman, IonQ's Executive Chair. "As we enter 2025, Ion ...

MIAMI , Feb. 26, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a pioneer in thematic investing, is proud to announce that its QTUM – Defiance Quantum Computing ETF has achieved two significant milestones: a prestigious 5-star Overall Morningstar Rating™ and assets under management (AUM) exceeding $1 billion. These accomplishments underscore QTUM's position as a leader in providing investors with targeted exposure to the rapidly evolving quantum computing sector. The 5-star Morningstar Rating, based on risk-adjust ...

Shares of several technology and artificial intelligence (AI) stocks struggled today, due to reports of further export controls and as signs of a weakening consumer continue to rattle the broader market. The Nasdaq Composite had fallen nearly 1.1% as of 1:38 p.m. ET. Shares of SoundHound AI (SOUN -6.36%) and IonQ (IONQ -5.43%) traded 6.2% and 6.4% lower, respectively. Shares of C3.ai (AI -2.03%) were down 3.7%.Trump seeks to broaden chip controlsTech stocks bore the brunt of the sell-off today after multipl ...

Core Insights - The rise of quantum computing, driven by AI, is expected to disrupt various industries significantly [2][3] - IonQ is a key player in the quantum computing space, focusing on commercializing quantum computers and advanced simulations [3][4] Company Overview - IonQ has made substantial progress in developing quantum computing hardware and offers access through major cloud platforms like AWS, Azure, and Google Cloud [4] - The company utilizes a unique approach of trapping qubits in a vacuum and employing lasers for complex calculations, achieving the ability to consider over 68 billion scenarios simultaneously [5] Financial Performance - IonQ reported a revenue increase of over 100% in the first nine months of 2024, reaching over $31 million, but also faced losses exceeding $129 million [6] - The company secured a $54.5 million contract with the U.S. Air Force Research Lab in Q3 2024, indicating growing interest and demand for its technology [6] Market Outlook - CEO Peter Chapman projects IonQ could achieve $1 billion in revenue by 2030, highlighting optimism about future growth [7] - Competition is intensifying, with major tech companies like Google, Intel, Amazon, and IBM also pursuing quantum computing advancements [7] Investment Considerations - The potential for IonQ to become a leading player in quantum computing could lead to significant stock performance, especially if it successfully commercializes its technology [8] - Despite the promising outlook, the company is still in the early stages and faces substantial risks, including ongoing financial losses and market competition [8]

Core Viewpoint - IonQ is expected to report fourth-quarter 2024 results with projected revenues between $7.1 million and $11.1 million, indicating a year-over-year growth of 49.59% based on the Zacks Consensus Estimate of $9.14 million [1][4] Financial Performance - The Zacks Consensus Estimate anticipates a loss of 19 cents per share, which is an improvement from a loss of 20 cents per share reported in the same quarter last year [1] - In the last reported quarter, IonQ experienced a negative earnings surprise of 4.35%, with an average positive surprise of 13.45% over the last four quarters [2] Earnings Estimates - Current earnings estimates for the upcoming quarters show a loss of $0.19 for Q4 2024, $0.26 for Q1 2025, $0.61 for the current year, and $0.82 for the next year [2] Strategic Developments - IonQ has made significant technological advancements, including the delivery of the IonQ Forte Enterprise quantum computer in Europe and the introduction of a new Quantum OS and Hybrid Services Suite [5][6] - Strategic partnerships with Ansys, NKT Photonics, and imec are aimed at enhancing system performance and expanding market opportunities [5] Market Position and Competition - The company faces intense competition from major tech players like IBM, Google, and Microsoft, which are heavily investing in quantum computing [9] - Despite a strong year-to-date stock performance of 233.3%, concerns about financial sustainability and valuation persist [10] Valuation Metrics - IonQ's stock is trading at a forward 12-month price/sales ratio of 77.62, significantly higher than the industry average of 3.31, indicating an elevated valuation [11] Investment Considerations - The combination of strong technological leadership and strategic partnerships contrasts with the company's ongoing losses and premium valuation, suggesting a cautious investment approach [15][17] - Given the potential sequential revenue decline and competitive landscape, investors are advised to hold or wait for a more attractive entry point [16][17]