IonQ (IONQ 3.18%) is one of the hottest stocks on Wall Street right now. Shares of the company soared by nearly 400% in the last three months of 2024.But is IonQ a stock that investors can buy and hold for the long term? Let's find out. Understanding IonQ's businessIonQ designs quantum computers, which operate on a different set of principles than a traditional computer. The details of what makes quantum computers different can be confusing -- while traditional computers operate on bits, which can only exis ...

My investment strategy in general and with SPACs in particular is an exercise in radical selectivity : I say no to almost everything. If I can pay $10 for a unit with a share, a free call (in the form of warrants), and a freeChris runs the investing group Sifting the World , in which he shares his best ideas, deep research, extensive resources and real time updates as investments play out. The group contains an experienced community that shares specialized knowledge when members have local knowledge of oppo ...

Analysis Methodology - The analysis is based on a careful review of the growth prospects of each company [1] - The Discounted Cash Flow (DCF) model is often used for valuation purposes, providing insights into cash flow generation under different business models [1] Disclosure Information - The analyst has no stock, option, or derivative positions in any of the mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article expresses the analyst's own opinions and is not influenced by any compensation or business relationships with the mentioned companies [2] - Seeking Alpha's disclosure emphasizes that past performance is not indicative of future results and that no investment recommendations are being made [3] - Seeking Alpha is not a licensed securities dealer, broker, or investment adviser, and its analysts may not be licensed or certified by any regulatory body [3]

Quantum computing stocks are back in fashion, and we have already seen incredible returns in the sector over the last week.The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn moreJames Foord is an economist by trade and has been analyzing glo ...

Quantum Computing Market Overview - The global quantum computing market is projected to reach $65 billion by 2030 and surge to $850 billion by 2040, according to Boston Consulting Group [9] - Quantum computing represents the next frontier in computational power, with potential applications in drug development, financial modeling, and artificial intelligence (AI) [18] IonQ's Strategic Positioning - IonQ's quantum hardware is now available across all major cloud platforms, including Amazon Web Services, Microsoft Azure, and Alphabet's Google Cloud, giving developers and enterprises direct access to quantum computing resources [4] - The company's broad cloud accessibility has driven strong market adoption, with revenue growing 102% year over year in Q3 2024 [10] - IonQ's pure-play status and market leadership make it a compelling choice for investors seeking exposure to the quantum computing revolution [8] Key Partnerships and Collaborations - IonQ has partnered with AstraZeneca to establish a quantum application development center in Sweden, focusing on accelerating pharmaceutical research and development [1] - The company has also partnered with Ansys to integrate quantum computing capabilities into computer-aided engineering, targeting a $10 billion market [16] - Major technology and aerospace leaders, including Amazon and Lockheed Martin, are key strategic investors in IonQ, bringing capital and valuable industry partnerships [11] Government Contracts and Institutional Support - The U.S. Air Force Research Lab awarded IonQ a $54.5 million contract to develop scalable and deployable quantum systems, the largest U.S. quantum computing contract awarded in 2024 [6] - Institutional investors hold 40.5% of IonQ's float, an unusually high figure for an emerging technology company, reflecting strong backing due to its competitive advantage in intellectual property [5] Financial Performance and Market Sentiment - IonQ's shares have jumped by 259% in 2024, reflecting the quantum computing revolution moving from theory to reality [17] - Despite a $9.65 billion market cap and projected 2025 sales of $83.4 million, the company's expanding partnerships, government contracts, and cloud platform dominance suggest significant growth potential [17]

Quantum computing is getting some attention from investors -- a nice change of pace from the relentless onslaught of artificial intelligence (AI) developments over the past couple of years. Alphabet's Google recently announced a significant breakthrough with its Willow quantum chip related to error correction, and pure-play quantum computing stock IonQ (IONQ 7.89%) has seen its stock rocket higher over the past few months.IonQ builds quantum computers and develops quantum networking technology. While the co ...

IonQ (IONQ 7.89%) laid out plans for the upcoming year and shared them with investors.*Stock prices used were the afternoon prices of Dec. 22, 2024. The video was published on Dec. 24, 2024. ...

IonQ (IONQ -6.98%) stock has more than quadrupled in the past three months.*Stock prices used were the afternoon prices of Dec. 21, 2024. The video was published on Dec. 23, 2024. ...

SUQIAN, CHINA - DECEMBER 12: In this photo illustration, a logo of Google's quantum chip Willow is ... [+] displayed on a smartphone screen on December 12, 2024 in Suqian, Jiangsu Province of China. (Photo illustration by VCG/VCG via Getty Images)VCG via Getty ImagesThe stock price of IonQ Inc. (NYSE: IONQ), a quantum computing company, is up a whopping 500% in the last six months. IonQ offers access to a range of quantum computers with varying qubit counts. Unlike conventional computers that operate using ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...