I made a fast trade on $IONQ Inc.(IONQ)$ few days ago.
IonQ is a leading company in quantum computing, utilizing trapped-ion technology, which is seen as a promising approach for scalable and stable quantum systems. Its strong partnerships with major tech firms like Microsoft, Amazon, and Google help validate its technology and open doors to commercial opportunities. By offering quantum computing via cloud services, IonQ has expanded its customer base, enabling businesses to access its technology without large capital investments, further boosting its growth potential.
As a first mover in the quantum computing space, IonQ stands to benefit from the industry's long-term growth, with quantum computing poised to revolutionize industries like pharmaceuticals, materials science, and finance. The company's technological advancements, including improved qubits and precision, position it well for future success.
@TigerEvents @Tiger_comments @TigerStars @TigerGPT
[Events] Is Quantum Computing the Next Big Thing or Just a Bubble?
@TigerEvents：Quantum computing stocks have catapulted this year, especially after Dec. 9, when $Alphabet(GOOG)$ announced its latest quantum chip, Willow. However, analysts have a negative consensus rating for these stocks. Quantum Computing Inc. stock surged by 52.95% on Thursday and 2,785.39% over the year. Stocks of other companies, including Rigetti Computing Inc., and D-Wave Quantum Inc. have soared enormously. Meanwhile, Citron Research, a well-known short-seller, has called this move the “most ridiculous” citing its spending on research and development. They stated: "Small-cap quantum stocks are in a bubble, but $Quantum Computing Inc.(QUBT)$ stands out as the most ridiculous. The numbers tell the story. R&D spending is THE critical indicator in this space: last quarter, $IONQ Inc.(IONQ)$ allocated $33M and $Rigetti Computing(RGTI)$ $12M, modest figures next to tech giants like $Alphabet(GOOGL)$ . Yet QUBT spent a mere $2M on R&D—a striking mismatch for a company claiming to 'offer integrated high-performance quantum systems.' Let's not forget the issued equity at $2.50 just a month ago. The financials simply don’t align—follow the data." Tigers have expressed a wide range of emotions about QUBT. Some celebrated their first multi-bagger stock, while others boldly declared, “I’m not afraid of margin calls. I’ll short it all the way!” What’s your opinion about quantum computing stocks? I would like to invite you to share your thoughts in the comments section, and if you own the stock, feel free to show your position! How to participate? Share your thoughts in the comments below! Do you believe quantum computing stocks can match the meteoric rise of GME? If you hold any of these stocks, feel free to show your position! How to share positions? There are tons of coins waiting for you ! 🎁Prizes Participation Reward: Every participant who shares their portfolio will earn 5 TigerCoins. 🍀 Lucky Trader: We will select the most interactive, insightful, or highly liked comment to receive a USD 5 stock voucher. 👑 Profit King : One trader with the highest profit will receive a USD 5 stock voucher. ⏰ Events Duration From 19 December to 26 December $Tiger Brokers(TIGR)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Based on the latest information available for IonQ Inc. (IONQ):
Stock Price: The stock price of IONQ is currently at $37.67 USD.
Yesterday's Closing Price: The stock closed at $37.50 USD.
52-Week High/Low: The 52-week high for IONQ is $44.99 USD, while the low is $6.22 USD.
Market Capitalization: The total market capitalization of IONQ is approximately $8.15 billion USD.
Trading Volume: The trading volume for IONQ is around 14.68 million shares.
Earnings per Share (EPS): The trailing twelve months (TTM) EPS for IONQ is -$0.82 USD, and the EPS for the previous year (LYR) is -$0.78 USD.
Price-to-Earnings (P/E) Ratio: The TTM P/E ratio for IONQ is -46.083, indicating negative earnings.
Analyst Recommendations and Price Targets:
Analyst Recommendation: The current analyst recommendation for IONQ is 3 buy and 2 hold.
Analyst Target Price: Five analysts forecast the target price for IONQ. The mean target price is $18.58 USD, with a low estimate of $14.90 USD and a high estimate of $22.00 USD.
Please note that the provided information is for reference purposes only and does not constitute investment advice. It is important to conduct thorough research and analysis before making any investment decisions.
Risk Disclaimer: Investing in stocks involves risk, including the potential loss of principal. The stock market can be volatile, and the value of stocks may fluctuate due to various factors. Past performance is not indicative of future results. It is recommended to consult with a financial advisor or professional before making any investment decisions.