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Is IonQ a Buy?


It's still too early to fully grasp the extent of the quantum computing market's upside. That said, it appears to be a tremendous opportunity. McKinsey & Company's 2025 Quantum Technology Monitor report estimates a potential $100 billion total addressable market in a decade, driven by accelerating investments and innovation.

IonQ (NYSE: IONQ) is one of several pure-play quantum computing stocks competing alongside a handful of established technology companies that are also developing quantum computers. Thus far, IonQ has been a remarkable but volatile stock. Shares are up by 1,200% over the past three years, despite IonQ currently sitting 45% below its all-time high.

But past performance doesn't dictate the future. Should investors buy IonQ stock now? Here is what you need to know.

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Source Fool.com

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