Motley Fool Backs IonQ After Nearly 50% Slide as Revenue Jumps 755%
Updated
Updated · The Motley Fool · Jul 15
Motley Fool Backs IonQ After Nearly 50% Slide as Revenue Jumps 755%
2 articles · Updated · The Motley Fool · Jul 15
Summary
Nearly 50% below its all-time high, IonQ was labeled a "no-brainer buy" by Motley Fool, which argued the sell-off reflects broad risk aversion more than a deterioration in the company’s thesis.
755% year-over-year first-quarter revenue growth underpins that view, with gains driven by acquisitions, a new system sale and expanding partnerships; IonQ also expects organic growth above 100% this year.
IonQ remains a high-risk bet because it is unprofitable and still relies on partnership revenue plus debt and share issuance while commercially viable quantum computing remains years away.
Trapped-ion technology is the core attraction: IonQ trades speed for accuracy and says it holds the world record for 2-qubit gate fidelity, a key metric in reducing quantum-computing errors.
McKinsey estimates the quantum-computing market could reach $72 billion a year by 2035, leaving IonQ with major upside if it stays a leader—but also substantial downside if the field disappoints.