IonQ, a pioneer in trapped-ion quantum computing, has gained attention as an early mover in the nascent market. Its unique approach, which uses electromagnetic fields and tiny lasers to process data at room temperature, sets it apart from other companies like IBM and Rigetti Computing.
Quantum computers can store zeros and ones simultaneously in qubits, allowing for faster processing of certain tasks. However, they are still mainly used for niche research projects due to their size, cost, and fragility compared to classical computers.
IonQ’s trapped-ion systems have the potential to overcome these limitations as its technology improves. The company has launched three systems so far and plans to launch a fourth, the Tempo, soon. Its cloud-based service offers access to quantum computing power for customers.
Analysts predict significant growth for IonQ over the next decade, with revenue expected to increase at a CAGR of 94% from $43 million in 2024 to $312 million in 2027. However, its valuation is already high, priced at 46 times projected sales for 2027. Given its unprofitable status and pricing concerns, it’s unlikely to replicate Nvidia’s 22,600% gain over the next decade.
Instead, IonQ presents a speculative opportunity for long-term growth in the quantum computing market. Its unique approach and expanding product offerings make it an interesting play for investors looking to capitalize on emerging technologies.
Source: https://www.fool.com/investing/2025/11/26/is-this-quantum-chip-stock-set-to-surge-like-nvda