Added to YB: 2024-12-13
Pitch date: 2024-12-13
IONQ [bearish]
IonQ, Inc.
-8.16%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally.
Market Cap
$13.1B
Pitch Price
$32.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
-21.48
P/E
-19.63
EV/Sales
82.70
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)