It might seem risky to chase the hottest hypergrowth stocks as the Trump administration's unpredictable tariffs, elevated interest rates, and geopolitical tensions rattle the markets and drive many investors toward more conservative investments.
Investors looking to establish an early position in the quantum computing field may find themselves drawn to IonQ (IONQ -2.06%) stock. Academics in the field established the company to build quantum computers, and if successful, that company might have tremendous potential to earn considerable returns for its shareholders.
Shares of quantum computing company IonQ (IONQ 12.51%) were rising this morning after Japanese online brokerage firm Rakuten Securities disclosed in an SEC filing that it recently purchased 90,000 shares of IonQ's stock.
Move over, artificial intelligence (AI) -- quantum computing could be this year's hottest investment topic.
IonQ is a key player in quantum computing, aiming to build the infrastructure for future quantum technologies, similar to how NVIDIA built its ecosystem. Despite the dominance of big tech like Google, Microsoft, and Amazon, IonQ's niche and moat position it to benefit from their advancements. Quantum computing is closer than previously thought, making IONQ a high-risk but potentially rewarding investment, especially at its current valuation.
After skyrocketing beginning last autumn, shares of quantum computing company IonQ (IONQ 0.34%) came back to earth this year. The stock is still up more than 120% over the past year as of this writing, but its shares are down about 40% in 2025.
Recently, Zacks.com users have been paying close attention to IonQ (IONQ). This makes it worthwhile to examine what the stock has in store.
Quantum computing is an emerging technology that has the potential to solve the world's most complex problems that are beyond today's computers. Building quantum computers is challenging due to several factors that limit usefulness in real-world applications. IonQ is the most promising commercially viable player, with a compelling roadmap backed by its advances in quantum networking and a scalable architecture.
IonQ, Inc. (NYSE:IONQ ) Morgan Stanley Technology, Media & Telecom Conference March 4, 2025 4:50 PM ET Company Participants Niccolo de Masi - President and CEO Conference Call Participants Joseph Moore - Morgan Stanley Joseph Moore All right. Welcome back, everybody.
Shares of IonQ (IONQ -3.29%) fell 37.8% in February 2025, according to data from S&P Global Market Intelligence. The quantum computing researcher soared in fall 2024 thanks to a seemingly game-changing technology achievement by a larger competitor, but lost momentum in January as quantum fans were reminded that truly usable machines are many years away.
IonQ (IONQ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Shares of IonQ (IONQ -5.88%) had lost 6.3% as of noon ET today. The drop came as the S&P 500 (^GSPC) lost 1.5%, and the Nasdaq Composite (^IXIC) lost 1%.