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IonQ, Inc.IonQ, Inc.IonQ, Inc.

IonQ, Inc.

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IONQ trade ideas

6/14/24 - $ionq - quantum best in class but TIMING matters6/13/24 :: VROCKSTAR :: NYSE:IONQ writing myself a quick note here today bc i'm looking at industry leaders off the beaten path of normie stonks (check out the NYSE:IOT comments today). when it comes to quantum we can probably all agree it's "coming". we can also probably agree "nobody cares". that's great in investing when you can anticipate the anticipation. but there's a wrinkle. among the few listed quantum names (beyond the obvious mega techs that are also developing these machines in house e.g. NASDAQ:GOOGL comes to mind), we have NYSE:QBTS , NASDAQ:RGTI , and $ARQQ. pls feel free to comment if you know of others - i'd like to add them to my watchlist. Most of this tech is vaporware (sorry), based on the hours i've spent reading/ listening to others/ mgmt. however, only one seems to ACTUALLY be growing (look at revenue growth of the above peers it's flat to 20%) and IONQ is 80-100%. it's hard for me to believe this isn't sales driven - all of it - because the investment today is AI-GPU-related. how do i think about valuation? - well i'm only considering the industry leader NYSE:IONQ in a sector where timing is unclear and adoption could still be years away. they are the most likely to still be around - stock has looked healthiest vs. peers (comparing a few ways) we can get into details if you care in comments - revenue seems to actually be doubling. will it continue. i dunno. if we do assume 40 mm in NYSE:IONQ revenue is even $50 mm this year (let's round up, why not), it's still trading at a valuation of 25-30x enterprise value. can i get an LOL. - here's the point. it's a SPAC (just a bad factor). it's not generating cash (just a bad factor). it's not en vogue (negative). revenue growth is likely a lot of push, not pull (not ideal). a lot of R&D and cash burn eats balance sheet net cash away while we wait (dang). - similar to my NYSE:IONQ logic... i think the upside in a MT/LT time frame could be massive, but the ST looks awful in this environment from a valuation perspective. hard for me to believe an institution will literally ape on this anytime in '24 nevermind let's see '25. - it's a 25 bps position for me - a place holder - i'd probably look for a capital raise, a macro risk off event that tanks this thing to minimally sub $6 to start buying more. - OBJECTIVELY - my opinion - it's worth $2-3 today. will we get there, idk. same thing as saying NYSE:IOT is probably "worth" low 20s. will we get there (read that note) IDK. But i see NO VALUE in getting too big too soon. if it runs we can sell upside calls for income. we didn't make a ton but whatever, making money is the goal, responsibly (for me). stay solvent. stay patient. don't ape into this at $8 unless u r an industry native, know these stonks better than everyone, sniff out some sort of catalyst (in which case pls share lol). V
NYSE:IONQ
by VROCKSTAR
The Quantum Leap for IonQ: A Bullish Outlook NYSE:IONQ has retraced back to its IPO price and holding a minor resistance level at this price $10.50. I believe this is a good entry for a swing position as this is one of the leaders in the Quantum computing space and recently opened doors to the first Quantum computing manufacturing facility in the U.S. Cutting-Edge Technology: IonQ is at the forefront of quantum computing, developing powerful and scalable quantum processors. The company's trapped-ion technology isolates ytterbium ions with electromagnetic fields, programmed using lasers, requiring substantial optical hardware. This approach has allowed IonQ to achieve a 99.9% success rate in quantum gate operations, significantly higher than its competitors. Strong Partnerships: IonQ has forged strategic partnerships with industry leaders such as Deloitte, the U.S. Air Force Research Lab, and Amazon Web Services. These collaborations not only validate IonQ's technology but also provide a strong foundation for future growth and market expansion. Robust Financials: Despite being a relatively young company, IonQ has demonstrated strong financial performance. The company's revenue increased 122% year over year to $6.1 million in Q3 2023, and it anticipates at least $21.2 million in revenue in 2023, up from 2022's $11.1 million. IonQ's bookings also increased to $26.3 million in Q3 2023, indicating the company's ability to secure future revenue. Growing Market Demand: The quantum computing market is expected to grow exponentially in the coming years, driven by the need for advanced computing power across various industries. From drug discovery to financial modeling, quantum computing has the potential to revolutionize the way we approach complex problems. As a leading player in this space, IonQ is well-positioned to capitalize on this growing demand. Favorable Industry Trends: Several industry trends are working in IonQ's favor. The increasing focus on quantum computing research and development, coupled with growing government and private sector investments, will create a favorable environment for IonQ's growth. Additionally, the company's focus on cloud-based quantum computing services aligns well with the industry's shift towards cloud-based solutions #LionsDenTrades #Bullish
NYSE:IONQLong
by EgideSimba
2
potential trend reversal IONQan inverted Head and Shoulder (line black) could be potentially under development if price action reverse decline fastly and confirm with volumes pick up in the possible right shoulder. Direction: 12 dollar neckline zone then probable break out. I drowed also another short term development (line red) alternative to inverted HS with prices decling further and reaching strong demand area in green zone 9-10 dollar for now RSI is still above its mean so still bullish but it needs a good price action in the very near term to stay long ..
NYSE:IONQ
by johnconnor81
IONQ new bluechipHello traders, today I prepared for you a signal for buying a relatively new company. This company is a bet on quantum computing. Quantum computing systems are much larger, more expensive, and more prone to making mistakes than traditional computers. IonQ aims to resolve those issues with a "trapped ion" architecture that enables it to produce much smaller qubit processing unit (QPU) systems than its competitors. Its QPU system is only two inches wide, while IBM's refrigerated casing for a single QPU is about six feet wide. Alphabet's Google has also been developing a QPU system, which is about 20 feet wide. Therefore my analysis is bullish and with price just breaking a trend line for more aggressive approach we can buy the stock here with target around 33$. But we can see there is a clear demand zone between 11$ and 9$. Target stays the same 33$.
NYSE:IONQLong
by vf_investment
$IONQ Price Support, Risk Assessment, and Stop-Loss Analysis for IonQ, Inc. Stock On the lower end, the stock enjoys a protective cushion just below its current valuation, bolstered by a concentration of trading activity at $13.55 and $13.53. Engaging with a support level brings inherent risk as breaching it might trigger a subsequent decline to the subsequent support tier. In the instance of IonQ, Inc., the immediate backup is situated just below today's value at $13.55. Should this level give way, the subsequent support thresholds, backed by accumulated volume, emerge at $13.53 and $13.35. The stock exhibits significant intraday fluctuations, or volatility, underscored by an expansive projection range within the Bollinger Band. This heightened volatility positions the stock within the "high risk" category. Over the most recent trading day, the stock showcased a substantial movement of $1.98 between its peak and nadir, translating to 13.51%. Extending over the past week, the stock has demonstrated an average daily volatility of 11.41%.
NYSE:IONQ
by MpowerTradez_
Using Fibonacci techniques to find an entry for a bullish tradeIn 2019, IONQ raised another $55 million in a round led by Samsung and Mubadala, and announced partnerships with Microsoft and Amazon Web Services to make our quantum computers available via the cloud. In 2020 and 2021, IONQ built additional generations of high performance quantum hardware, added Google Cloud Marketplace to IONQ's cloud partner roster and announced a series of collaborations and business partnerships with leading academic and commercial institutions. According to TipRanks, the average price target is $8.75 with a high forecast of $11.00 and a low forecast of $7.00. The average price target represents a -38.03% change from the last price of $14.12.
NYSE:IONQ
by KhanhC.Hoang