Added to YB: 2025-01-09
Pitch date: 2025-01-08
IONQ [bearish]
IonQ, Inc.
+8.6%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally.
Market Cap
$10.2B
Pitch Price
$31.99
Price Target
11.23 (-62%)
Dividend
N/A
EV/EBITDA
-15.66
P/E
-15.26
EV/Sales
60.31
Sector
Technology Hardware, Storage and Peripherals
Category
N/A
Show full summary:
Short Quantum Computing - Several 90%+ downside stocks with clear catalysts - IonQ, Inc.
IONQ short: Trapped ion tech promising but lags IBM/Google. 36-qubit Forte 1 on AWS Braket ($7k/hr) far behind 128-qubit competitors. Revenue growth from Air Force contract misleading. Premium over Rigetti unwarranted. Better short than Rigetti despite higher revenue.
Read full article (2 min)