Added to YB: 2024-12-13
Pitch date: 2024-12-13
IONQ [bearish]
IonQ, Inc.
+8.1%
current return
Author Info
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Company Info
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally.
Market Cap
$12.1B
Pitch Price
$32.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
-19.46
P/E
-18.12
EV/Sales
74.94
Sector
Technology Hardware, Storage and Peripherals
Category
growth
Show full summary:
Quantum Rally - winter is coming - IonQ, Inc.
IONQ: $7B valuation, $50M annualized revenue (50% hardware). 36-qubit Forte ($7K/hr on AWS), 100-qubit Tempo coming. IBM has larger, cheaper machines. Quantum supremacy 10+ years away. 1M qubits needed for RSA cracking. Ion trap tech may struggle to scale. Numerous competitors in private/captive teams.
Read full article (2 min)