Is IonQ the Next Nvidia After Surging Past $55?

247wallst
2025.09.15 14:40
portai
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IonQ's stock surged nearly 19% to over $55 after receiving regulatory approval for its acquisition of Oxford Ionics, a deal valued at over $1 billion. This acquisition is expected to enhance IonQ's capabilities in quantum computing, aiming for 800 logical qubits by 2027. Despite a 700% increase in stock over the past year, analysts caution about its high valuation, with a price-to-sales ratio exceeding 300x. IonQ's revenue for 2024 is projected at $43.1 million, but it continues to operate at a loss, raising concerns about sustainability.