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IonQ banal has rallied acknowledgment to soaring gross and an enthusiastic capitalist base.
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The institution has relied connected banal issuances and acquisitions to money its growth.
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IonQ is drafting parallels to that of Cisco during the dot-com era.
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10 stocks we similar amended than IonQ ›
Quantum computing mightiness conscionable beryllium the hottest summons connected the artificial quality (AI) train. Throughout 2025, shares of the Defiance Quantum ETF person gained astir 40% -- astir treble that of the Invesco QQQ Trust, which tracks the Nasdaq-100.
Among the astir fashionable quantum computing pure-play stocks is IonQ (NYSE: IONQ), whose shares person soared by 39% implicit the past year. While IonQ has rather a spot of momentum down it, I foretell that shares volition plummet adjacent year.
Let's research what fueled IonQ banal to statesman with, and past measure wherefore the banal could beryllium headed for a crisp correction successful 2026.
From a macro perspective, quantum computing stocks took disconnected this twelvemonth arsenic maturation investors looked to rotate superior into caller AI-driven themes. For 3 years, unprecedented sums of superior person flowed toward semiconductors, information centers, unreality computing, and endeavor software.
Quantum computing is promising to revolutionize mission-critical industries crossed the board, with McKinsey & Company forecasting up to $2 trillion successful further economical worth arsenic a effect of the technology.
When it comes to IonQ specifically, the company's trapped-ion architecture has unsocial integrations with the 3 largest unreality hyperscalers: Amazon Web Services (AWS), Microsoft Azure, and Alphabet's Google Cloud Platform (GCP).
Moreover, the institution has consistently bushed Wall Street gross expectations successful caller quarters -- lending to the thought that the institution could beryllium connected the verge of a commercialized breakthrough.
Against this backdrop, hopeful investors person flocked to IonQ successful hopes that the institution volition go a person successful the quantum computing abstraction and look arsenic a titan of the AI boom.
While IonQ's gross maturation is accelerating, truthful excessively is the company's outstanding stock count.
At the moment, IonQ is hemorrhaging currency and has not outlined a thorough program to scope profitability. In reality, IonQ has taken afloat vantage of its frothy valuation -- continuously issuing shares astatine its premium valuation successful bid to rise capital. Subsequently, the institution has utilized this liquidity buffer to money $2.5 cardinal of acquisitions.
By adjacent year, I deliberation much investors are going to fig retired the strategy IonQ is employing. As a result, investors whitethorn turn bushed of investing successful the thought of a quantum breakthrough and statesman demanding much factual developments featuring existent commercialized products.

3 days ago
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