Simply Wall St Flags 3 Quantum Stocks as IonQ Trades at 54.5x Earnings
Updated
Updated · Simply Wall St · Jul 9
Simply Wall St Flags 3 Quantum Stocks as IonQ Trades at 54.5x Earnings
2 articles · Updated · Simply Wall St · Jul 9
Summary
Simply Wall St named SEALSQ, IonQ and FormFactor as three quantum-computing stocks worth deeper research from a broader 26-stock screener.
IonQ, with a US$16.9 billion market cap and US$187.1 million in revenue, was highlighted for 34.6% forecast annual revenue growth, though the report said its 54.5x P/E, volatility and dilution make expectations demanding.
SEALSQ was pitched as a higher-risk quantum-security play: it has about US$18.8 million in revenue, roughly US$495 million in cash and a pipeline topping US$225 million through 2029, but remains lossmaking and recently diluted shareholders.
FormFactor, valued at US$8.27 billion, offers exposure to quantum and AI chip testing through an US$839.7 million test-equipment business, yet the report warned that a high valuation, margin pressure, tariffs and cyclical DRAM demand raise execution risk.
The article framed the picks against inflation, elevated rates and energy shocks, arguing some investors are still seeking early-stage long-term technology platforms despite near-term macro pressure.