Professional
Added to YB: 2025-03-17
Pitch date: 2025-03-13
IONQ [bearish]
IonQ, Inc.
-32.13%
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
$10.2B
Pitch Price
$22.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
-15.66
P/E
-15.26
EV/Sales
60.31
Sector
Technology Hardware, Storage and Peripherals
Category
value
IonQ, Inc. (IONQ) - Trapped in the Hype
IONQ short: Trapped-ion quantum computing co. facing major scaling challenges. Photonic interconnects crucial for growth beyond 100-200 qubits, but tech far from ready. Overhyped claims, misleading benchmarks, pivot to quantum networking. $5B valuation unjustified given technical hurdles and competition. Cash burn continues, profitability delayed.